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mamaluj [8]
3 years ago
15

The concept of permanent current assets reflects the fact that some components of current assets do not shrink to zero even when

a business is at its seasonal or cyclical low. Thus, permanent current assets represent a minimum level of current assets that must be financed.a) trueb) false
Business
1 answer:
Amiraneli [1.4K]3 years ago
4 0

Answer:

The answer is True

Explanation:

Solution

The statement above from the question is TRUE because the concept of permanent current assets considers the fact that some components of current assets do not diminish to zero even when a business is at its seasonal or recurring low.

Thus, permanent current assets displays or shows a minimum level of current assets that must be financed.

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If Ms. Anniston transfers $1,000 from her checking account to her savings account, then__________.
Agata [3.3K]

Answer:

a. M1 falls and M2 remains the same.

Explanation:

in money supply M1 stand for the most liquid forms: currency, coins, traveler check, checking account

while M2 is M1 + near money wich are saving account, time deposit among other

Thus, Ms Anniston make M1 fall while M2 remains the same

5 0
3 years ago
If a cost estimate indicates that a residential design is significantly over budget, what changes would you consider to reduce t
kogti [31]
<h3><u>Changes considered to reduce the cost of the project: </u></h3>

Cost Estimates of a Residential Design have the following elements:

1) Quantity Takeoff

2) Labor Hours

3) Labor Rates

4) Material Prices

5) Equipment Costs

6) Subcontractor Quotes

7) Indirect Costs

8) Profit Margin

Quantity Takeoff is the very basic element required in Residential Building. Labor hours and rates depends on the location, work difficulty, market value, and other extrinsic factors. Material prices and Subcontractor Quotes again depends on location, supply and demand. Equipment Costs depends on the location, place of purchase, transportation cost, size of equipment, etc. Indirect costs are overheads for labor and contractors.

As we can check the above elements, we cannot change Quantity takeoff, as no one wants to compromise in the quality. However, we can try to slightly negotiate with Labor rates and Subcontractor Quotes. Again, as mentioned the budget is significantly high, so we need to work on reducing 2 costs, which are Equipment Costs and Material Prices.

6 0
3 years ago
A business model describes how a company​ produces, delivers, and sells a product or service to create wealth.
Rudiy27

Answer: True.

Explanation:

The business model of a company is a business organization's plan to operate business. The business model covers the product the company intends to sell, the customers their products are aimed towards and the budgeted cost of running the business.

3 0
3 years ago
Anthony was employed as a forklift operator for Blackburn Construction Company. While on the job, he operated the forklift in a
QveST [7]

Answer:

Option A

Explanation:

6 0
3 years ago
n investment project has annual cash inflows of $4,000, $4,900, $6,100, and $5,300, for the next four years, respectively. The d
Ostrovityanka [42]

Answer:

the answer is 11,000

Explanation:

4 0
2 years ago
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