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3 years ago

Which of the following could be true if one decreases their long term liability and increases their liquid assets?

Business

2 answers:

Katarina [22]3 years ago

8 0

Answer:

C on edgenuity

Explanation:

hodyreva [135]3 years ago

6 0

There are two of these that could be true. In order to decrease long term liability you have to pay off a debt you owe, and in order to increase your liquid assets you have to acquire more cash or anything that could be easily transferred into cash. If you pay off your credit card balance you are paying off your long term liability, and if you add money to savings you are increasing your liquid assets. At the same time if you pay down your mortgage you are decreasing your long term liability, and if you receive a cash prize you are increasing your liquid assets.

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If a firm sells a prestige product, what kind of relationship between price and quantity demanded should it expect?.

solmaris [256]

For a firm that sells a prestige product, the relationship between price and quantity demanded is a positive direct relationship.

<h3>Why is the relationship between demand and price of prestige products direct?</h3>

The relationship between the demand and price of prestige products is direct because prestige products tend to sell better at high prices than at low prices.

And when the quantity demanded increases, the price tends to increase.

An example of a prestige product is an old car.

Thus, for a firm that sells a prestige product, the relationship between price and quantity demanded is a positive direct relationship.

Learn more about the demand for prestige products at brainly.com/question/6374886

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2 years ago

Which act prohibits banks from treating people differently based on race, origin, marital status, or age?

Serjik [45]

Answer:C.

Explanation:

4 0

2 years ago

If a patent lawyer works for a startup without cash compensation, but receives instead shares in the presumably soon-to-be-succe

masha68 [24]

sweat equity, the patent lawyer is doing for a project or enterprise in the form of effort to work for the ownership interest in a business that will increase in value it is a preferred mode of building equity for entrepreneurs who do have much money in their start-up ventures since they may be unable to provide as much financial capital to their business

8 0

3 years ago

Frank Corporation manufactures a single product that has a selling price of $25.00 per unit. Fixed expenses total $64,000 per ye

gavmur [86]

Answer:

Break-even point in units= 10,375

Explanation:

Giving the following information:

Selling price= $25

Fixed cost= $64,000

Break-even point in units= 8,000

First, we need to determine the unitary contribution margin:

Break-even point in units= fixed costs/ contribution margin per unit

8,000 = 64,000 / contribution margin per unit

contribution margin per unit8,000= 64,000

contribution margin per unit= 64,000 / 8,000

contribution margin per unit= $8

Now, the number of units to be sold to make a profit of $19,000:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (64,000 + 19,000) / 8

Break-even point in units= 10,375

8 0

2 years ago

From 1965 to 2013, women went from 9 percent to _____ percent of u.s. medical students. 52 30 47 12

LUCKY_DIMON [66]

The answer to this question would be: 47%

In 1965, there are just 9% of women that taking medical program but in 2013 the amount is nearly same as the man. The increase is more intense before 1990 which was 40%. It would be 31% increase from 1965. The percentage of the total applicant and the accepted applicant is nearly same, so the increase is mostly done because there are more women applicant in later years.

8 0

3 years ago