Answer:
0.95
Explanation:
The current ratio is a liquidity ratio that measures a business's ability to meet its short-term obligation. It indicates a company's financial strength by evaluating its ability to meet current assets using current liabilities.
The formula for calculating the current ratio is current assets/ current liabilities.
In this case: Current assets +inventory
$750 + $275= $ 1,025
Liabilities : $ 1075
Current ratio: $1,025/$1,075
=0.95
Answer:
labor market is monopsonistic.
Explanation:
A monopsonistic labor market is a market were only one dominant employer exists. In this case, the employer has total leverage in determining the wages he will offer and as you can guess they are probably very low. In order to balance the situation, a minimum wage can be set in order to limit the power of the monopsonistic employer.
This situation usually happens on small populations, for example a town that relies almost completely on a huge factory or a huge mine that employs most of the workers that live in the town. Sometimes factories get so big that they can become natural monopsonies, like Toyota City in Japan.
Answer:
$30,801,200
Explanation:
Calculation to determine the erosion cost of the new camper
Erosion cost (new camper) = [0.08 × 1,160 × $179,000] + [(2,170 − 1,950) × $64,500]
Erosion cost (new camper)=$16,611,200+$14,190,000
Erosion cost (new camper) = $30,801,200
Therefore the erosion cost of the new camper will be $30,801,200
The market segment that is the focus of a firm’s marketing plan is the market mix
<h3>What is marketing plan?</h3>
Markets plan includes all activity that is involved in achieving a certainly goal as regarding market.
marketing mix contains a market plan as it include all actions in marketing a product.
Therefore, The market segment that is the focus of a firm’s marketing plan is the market mix
Learn more on marketing plan below
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