<span>The country will have to negotiate new trade agreements with other nations.</span>
Answer:
P-value is greater than the significance level, we fail to reject null hypothesis.
Explanation:
Here,
Sample size = n = 120
Sample proportion = p = 0.6500
Population Proportion = 
= 0.5
Level of significance = α = 0.02
<u />
<u>Step 1:
</u>
: p = 0.5
: p < 0.5 (Left tailed test)
<u></u>
<u>Step 2:
</u>
The critical vale is = 2.0537
<u></u>
<u>Step 3: </u>
The test statistic is,
z = 
<u>Step 5:
</u>
Conclusion using critical value: Since the test statistic value is greater than the critical value, we fail to reject null hypothesis.
<u>Step 6: </u>
Conclusion using P-value: Since the P-value is greater than the significance level, we fail to reject the null hypothesis.
The total amount of quick assets is equal to $119,232. therefore, Option B is the correct statement.
<h3>What are Quick Assets?</h3>
Quick assets encompass cash available or current assets like accounts receivable that may be transformed to cash with minimum or no discounting.
Companies have a tendency to use the short assets to cover short-time period liabilities as they arrive up, so speedy conversion into cash (excessive liquidity) is critical.
Inventories and prepaid expenses aren't quick assets due to the fact they may be hard to transform into cash, and deep discounts are sometimes needed to do so.
The amount of quick assets is equal to Accounts receivable plus Cash plus Marketable securities.
Quick assets = $67,719 + $20,980 + $30,533
Quick assets = $119,232
Hence, the total amount of quick assets is equal to $119,232. Option B is the correct statement.
learn more about quick assets:
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Answer:
D. Authenticity
Explanation: Authenticity describes the genuineness or real nature of something. Mateo wants to ensure that every watch purchases must be those from 1920s and are original. For him,authentic products are his priority and watchword mainly because he has some specific quality connected with the watches manufactured from the 1920s and must be original. Taking the watches to an appraiser is for the appraiser to help in verifying the authenticity of the watches.
Answer:
Commercial banks, required reserve, loans, deposits, create.
Explanation:
The main function of commercial banks is to accept deposits and then to lend the same money (minus required reserves) back out. Banks make a profit by charging a higher interest rate on loans than the interest rate they pay on deposits. Through the loan process, banks are actually able to create money.
The major function of commercial banks is
1. Accepting deposits from people and business organzations.
2. Giving loans to Customers to be paid at a specific period of time at an agreed interest rate.
Required reserve is the minimum amount of money which in required for a commercial Bank to hold/save out of every deposit. If the required reserve is 10% of every deposit, a customer customer deposited $100. The required will be $10 which the bank will hold. The remaining $90 is the balance which banks can loan out to Customers.
Commercial Banks make profit by charging a higher interest rate on loan and lower interest rate on deposits. For example: 7.5% interest rate on loan and 2.5% interest rate on deposits. The 5% difference is the bank Profit.
