Answer:
The answer is
1. -$96 million
2. 0.52:1
Explanation:
1. Working capital = total current assets - total current liabilities
Current assets:
Cash. $ 31.9 million
Accounts receivable $21.0 million
Inventory $28.1 million
Other current assets. $23.0 milllion
Total current assets $104.0 million
And current liabilities is$200.0 million
Therefore, working capital is:
$104 - $200
= -$96 million
2. Current ratio = current assets/current liabilities
$104 million / 200 miliion
=0.52:1
Answer: Increase
Explanation: When government pursues accommodative policy as implied in the question, it would lead to a surge or increase in price level this is as a result of lower interest rates which tends to increase money supply thereby leading to a higher economic growth. Higher growth automatically translates to a higher employment, Which would likely lead to a higher inflation rate.
Answer: Plan A has a lower present value and should be chosen.
Explanation:
Choose the one that has the lower present value because that means that it would be cheaper.
Present value of plan A = $4,900
Present value of plan B
= $500 + Present value of $210.30 per month for 30 months
$210.30 is constant so it is an annuity.
Periodic interest rate = 24%/12 = 2%
Present value of annuity = Annuity * ( 1 - (1 + rate)^-number of periods) / rate
= 210.30 * ( 1 - (1 + 2%)⁻³⁰) / 2%
= $4,709.97
Present value of plan B = 500 + 4,709.97
= $5,209.97
Choose Plan A because it has a lower present value.
Answer: Social responsibility
Explanation:
According to the given question, the social responsibility is practicing by an organization when the management of the firm considering all the economical or the social issue in the decision making process.
- In an organization, the social responsibility is helps in maximizing the shareholder value.
- It also providing the various types of benefits in an organization and it is known as the CSR (Corporate social responsibility).
- It also contribute in the welfare of the environment and the society.
Therefore, Social responsibility is the correct answer.
Answer:
His total economic profit for the year was –$1,000. The right answer is b.
Explanation:
In order to calculate the total economic profit for the year, we have to use the following formula:
Total economic profit = total revenue - total explicit cost - implicit cost =
Acording to the data:
Total Revenue=$100,000
Total explicit cost= ($3,000×12)+($2,000×12)+($500×12)=$ 66,000
implicit cost= $ 35,000
Hence, Total economic profit= $100,000 - $66,000 - $35,000 = -$1,000
