Answer:
D) negativity, positively
Explanation:
Equilibrium levels of income and interest rates are negatively related in the goods and services market because an equilibrium in interest and income will mean less goods and services and equilibrium levels of income and interest rates are positively related in the market for real money balances because an equilibrium in income and interest will lead to an increase in real money balances
Answer:
2.20
Explanation:
The formula to compute the total assets turnover ratio is shown below:
Total asset turnover = (Sales revenue ÷ Total assets)
= ($670 ÷ $305)
= 2.20
We simply divide the sales revenue by the total assets, so that the total asset turnover ratio can be computed
All other information which is given is not relevant. Hence, ignored it
Answer: 451759.29
Explanation:
To solve the question, we need to calculate the current sales. This will be calculated by using the formula:
DSO = (Account receivable × 365) / Sales
54 = 820000 × 365 / Sales
Sales = 820000 × 365 / 54
Sales = 5542593
After the new policy, the expected sales will be:
= 5542593 × (1 - 15%)
= 5542593 × (1 - 0.15)
= 5542593 × 0.85
= 4711204.5
The level of accounts receivable following the change will be:
DSO = (Account receivable × 365) / Sales
35 = Account receivable × 365 / 4711204.5
Account receivable = 35 × 4711204.5 / 365
Account receivable = 451759.29
I believe the answer is: c. interest rate
In mortgage we let an orgniazation (such as bank) to took ownership of a certain property that we want. We then pay the organisation with a certain amount of payment plus interest, and the ownership would be transferred to us after we complete all of the payment.
In this process, interest rate is the profit that the organization would take for their service. As the interest rate become lower, the amount of mortgage price would typically increased, and vice versa.
If the typical balance on Lucy's credit card is $750 and the interest rate (APR) on her credit card is 16%, how much in interest would you expect Lucy to be charged in a typical month
(16%/12)750=10.00