Answer: Quick ratio.
Explanation:
The quick ratio(QR) also known as the acid test ratio, is a measure of the assets a business posseses that can quickly be converted to cash to settle current liabilities/costs.
The formula for QR is:
QR = (cash/equivalent+marketable securities+accounts receivable) ÷ current liabilities
Answer:
Beta= 1.478
Explanation:
Giving the following information:
An individual has $20,000 invested in a stock with a beta of 0.4 and another $65,000 invested in a stock with a beta of 1.8.
To calculate the portfolio beta, we need to use the following formula:
Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)
The proportion of investment:
A= 20,000/85,000= 0.23
B= 65,000/85,000= 0.77
Beta= (0.23*0.4) + (0.77*1.8)
Beta= 1.478
Answer:
The answer is: consumer market
Explanation:
Consumer market refers to the people that buy products and services for their own personal use, or as a gift to other person (that would be the user of the product or service). Consumer market doesn't include people that buy products to resell them to other customers.
Answer:
$390000
Explanation:
Given: Beginning inventory= $60000
Cost of goods purchased = $380,000
Sales revenue= $800000.
Ending inventory= $50000.
The Periodic inventory system is used to determine the amount of inventory available at the end of each accounting period.
Cost of goods sold=
⇒ Cost of goods sold=
⇒ Cost of goods sold=
∴ Cost of goods sold= .
Hence, $390000 is the cost of goods sold under a periodic system.
Answer:
inflation ensues as home country domestic expenditures switch away from foreign goods to domestic goods unless overall expenditures are reduced.
Explanation:
Expenditure-switching policies is a macroeconomic policy and it typically include measures that are undertaken by the government of a particular country to reduce deficit in its current account balance i.e they're used to balance the current account of a country through an alteration of its expenditures on both domestic and foreign goods.
Generally, expenditure-switching policies involves the use of increased barrier to trade (entry) such as protectionist subsidies, quotas or tariffs, so as to switch the expenditures of domestic consumers foreign (imported) goods and services to goods and services that are produced domestically.
Similarly, expenditure-reducing policies are measures undertaken by the government of a particular country so as to improve the imbalance in its current account and reduce its external deficit. Thus, expenditure-reducing policies lowers aggregate demand, real income and overall spending in an economy, so as to cut the demand for imports by consumers.
In most cases, expenditure-switching policies must be accompanied by expenditure-reducing policies because inflation arises when a home country domestic expenditures switch away from foreign (imported) goods to domestic goods, unless the government reduces overall expenditures.