Answer:
The correct answer is option D.
Explanation:
A monopoly market consists of the only a single firm which produces goods with no close substitutes. Such a firm is a price maker and faces a downward-sloping demand curve.
There is no supply curve as the behavior of producers cannot be predicted. A producer can charge any price but it is able to maximize profits at the point where the price is equal to marginal cost.
Thus the change in quantity due to an increase in the demand for monopoly products cannot be predicted.
Answer:
D Maintaining the same level of current assets as Sam'sE Utilizing its total assets more efficiently than Sam's.
Explanation:
In general, the higher the ratio – the more "turns" – the better. But whether a particular ratio is good or bad depends on the industry in which your company operates.
Answer:
No there was no contract, there was at best an agreement to agree (an agreement based on understanding that a future arrangement can be made).
Nina said she was still thinking about her son's proposal and had not decided yet, so there was no contract.
Oral contracts is a spoken agreement between two parties that may be legally binding.
Breach of oral contract can be hard to prove since it is not written down.
An oral agreement between family members is not enough to be considered a contract.
Explanation:
cash coverage ratio: <span>
</span>
Earnings Before Interest
and Taxes + Non-Cash Expenses / Interest Expense <span>
16,085/(1-tx) = 16,085 / 0.60 = 26,808.33 <earnings before
taxes
add back interest of 3,896 and depreciation of 2,575 = 26,808.33
+ 3896 + 2575 = 26,808.33
solve:
26,808.33 / 3896<int exp = 6.88
<span>so cash was 6.88 x interest expense </span></span>
Involuntary turnover is where the employee has no choice in their termination—for example, employer-initiated due to nonperformance
