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The statement that the information from a balance sheet is helpful, although it doesn't clearly show whether someone can cover their liabilities in the short term is True.
The balance sheet is a financial statement that shows the assets and liabilities that are owned by an entity at any point in time. The balance sheet is compared against past records.
It does not have the potential to clearly show us if a company can offset its liabilities because some other important markers that can be used to calculate this are not clearly indicated in the balance sheet.
So, the statement above is true.
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Suppose both john and bill can do two tasks in a day. if john can do each of the two tasks faster than bill, then <u>John should specialize in performing the task for which he has a </u><u>comparative advantage</u><u>. </u>
Comparative advantage refers to the capacity to provide goods and offerings at a lower possibility price, not always at a greater quantity or satisfactory. Comparative gain is a key perception that trade will still occur even though one u . s . has an absolute gain in all products.
In an economic model, retailers have a comparative advantage over others in producing a selected desirable if they can produce that excellent at a lower relative opportunity price or autarky rate, i.e. at a decrease relative marginal price previous to trade.
In economics, a comparative advantage occurs when a country can produce a very good or carrier at a lower opportunity value than another u . s .. The principle of comparative gain is attributed to political economist David Ricardo, who wrote the book standards of Political economic system and Taxation (1817).
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Answer:
Look down below
Explanation:
Secularism means the seperation of the state from religious instituitions.
When you have secularism you can have different religious political and any other beliefs. Without something like secularism politics or religion may rule and everyone would have to be that said thing.