Answer:
The correct answer is a) Gross domestic product (GDP)
Explanation:
Gross domestic product (GDP) is a fiscal measure of the market value of all the final goods and services produced annually. There are two types of GDP, nominal and Real.
Answer:
The statement is True.
Explanation:
Budgeted financial statements are prepared for a future period of time. So that it is easy to anticipate certain fixed and variable costs and allocate financial resources to them.
Also, Budgeted financial statement are useful during the strategic planning process and planning on future business expansions.
Since Cholula company is sampling the new sauce at a number of supermarkets in texas, where there are multiple market segments likely to enjoy hot sauces, then, the tactics employed is called <u>motivating</u><u>.</u>
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<h3>What is
motivating?</h3>
The term "motivating" is not limited to employee and employer, it is used by firm to induce potential and existing customer to buy their product.
In conclusion, the tactics employed by Cholula company is called <u>motivating</u><u>.</u>
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Read more about motivating
<em>brainly.com/question/6853726</em>
Answer:
Provide a device through which the credit-creating activities of banks can be controlled
Explanation:
The legal reserve requirement is the minimum amount mandated by Central banks for banks to have as their minimum reserves.
The legal reserve requirement is used by the government as a means to control the supply of money in the economy.
If the central bank wants to reduce money supply, it increases the legal reserve requirement and if it wants to increase money supply, it reduces the legal reserve requirement.
A high reserve requirement reduces the amount that banks can make available for loans.
I hope my answer helps you
Answer:
The correct option is E
Explanation:
The formula to compute the accounts receivable turnover of the company for the Year 2 is as:
Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable
where
Net Credit Sales be $723,000
And
Average Accounts Receivable is computed as:
Average Accounts Receivable = Accounts receivable Year 1 + Accounts receivable Year 2 / 2
= $86,500 + $82,750 / 2
= $169,250 / 2
= $84,625
Putting the values in the above formula:
= $723,000 / $84,625
= 8.54
