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NikAS [45]
2 years ago
8

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

Business
2 answers:
Katarina [22]2 years ago
8 0

Answer:

C on edgenuity

Explanation:

hodyreva [135]2 years ago
6 0
<span>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.</span>
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Abigail buys cookies at a local gas station for $2.00 per pack. At the grocery store, she can get 10 packs for $20. Online, they
Goryan [66]

Abigail can buy the cookies at any of the merchants; the cost is the same. hence, Option B is the correct statement.

<h3 /><h3>What do you mean by financial advice?</h3>

The manner of attractiveness withinside the commercial enterprise of advising others with admiration to the making plans and/or the execution of recommendations in respect of selecting, purchasing, or promoting economic merchandise to satisfy investment, threat management, or threat mitigation objectives is referred to as Financial Advice.

Hence, Abigail can buy the cookies at any of the merchants; the cost is the same. Option B is the correct statement.

Learn more about Financial advice here:

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7 0
2 years ago
GloboTech, Inc., a large manufacturer of laptops, is considering a merger with ChipComm, a leading producer of microprocessors a
ElenaW [278]

Answer:

The correct answer to the following question will be "False".

Explanation:

  • Horizontal fusion happens when multiple companies will offer different goods or services to certain users, or it could be the fusion of two organizations competition from a rival.
  • In this GloboTech seems to be a notebook maker as well as Chipcomm is a developer of microcontrollers and certain other electronic components. That would have been a convocation ceremony as when the groups are considered in manufacturing the computer at different manufacturing phases.

So that the above is the right answer.

5 0
2 years ago
Companies that contribute resources, knowledge, and products as well as money to help neighbors and others during times of crisi
kirza4 [7]

Answer: Social responsibility

Explanation:

  According to the given question, the company crisis is basically demonstrating about the social responsibility and it plays an important role in an organization as it helps in promoting their brand.

It also boots the image of an organization in the market and helps in developing the positive relations with the consumers in the society. The social responsibility is basically contributing in the various types of resources, products and the knowledge in the company.

 Therefore, Social responsibility us the correct answer.

8 0
3 years ago
You purchase a T-Bill which is selling at a discount of 12 TL. The maturity of this T-Bill is 255 days. Calculate the simple yie
sveta [45]

Answer:

Par value of T-Bill = 100

TL Discount = 12 TL

Days to Maturity = 255 days

a. Simple yield (assuming simple interest) = (Discount / (Par value - Discount)) * (365 / Days to maturity)

Simple yield = (12 / (100 - 12)) * (365 / 255)

Simple yield = (12 / 88) * 1.431373

Simple yield = 0.136364 * 1.431373

Simple yield = 0.195187747772

Simple yield= 19.52%

So, the Simple Yield of the T-Bill is 19.52%

b. Compounded yield = (1 + (Simple Yield / (365 / Days to maturity))^(365 / Days to maturity) - 1

Compounded Yield = (1 + (0.19519 * (255 / 365)))^365/255 - 1

Compounded Yield =  (1 + 0.136364)^1.431373 - 1

Compounded Yield = 1.200787 - 1

Compounded Yield = 0.200787

Compounded Yield = 0.200787

Compounded Yield = 20.08%

So, Compounded Yield of the T-Bill is 20.08%.

7 0
2 years ago
Gomez runs a small pottery firm. He hires one helper at $15,000 per year, pays annual rent of $6,500 for his shop, and spends $2
andrey2020 [161]

Answer:

Gomez

The accounting profit = $40,500

The economic profit = $9,000

Explanation:

a) Data and Calculations:

Accounting Profit    

Annual revenue              $82,000

Expenses:

Wages              $15,000

Rent                     6,500

Materials           23,000   44,500

Net income                    $40,500

Economic Profit

Net income                                             $40,500

Opportunity cost:

Return on investment              $6,000

Salaries                                     20,500

Additional consulting fees         5,000

Total opportunity cost                           $31,500

Economic profit                                      $9,000

b) What differentiates Gomez accounting profit and economic profit is that its accounting profit only records the financial inflows and outflows while its economic profit considers the opportunity cost of alternative investments.

3 0
2 years ago
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