Answer:
2.42
Explanation:
The current ratio is a type of liquidity ratio. Liquidity ratios calculate the ability of a firm to meet its short term obligations
Current ratio = current assets / current liabilities = $ 126,000 / $52,000 = 2.42
<span> The personal selling process includes the following steps: prospecting, pre-approach, approach, presentation, meeting objections, closing the sale, and follow-up</span><span>
When Sam early in his career made in-person cold calls with professors on various campuses he engage the first step (prospecting)</span> of the personal selling process.
<span>While prospecting the sales representative has contact with many people who are potentially buyers.</span>
Answer:
D. The number of highly-skilled workers migrating from Adelphia to foreign countries has fallen.
Explanation:
If the decrease in the working population of Adelphia was caused by workers migrating from Adelphia to other nations, then if the rate of emigration has fallen (probably because the local economy is improving), the total working population of Adelphia should either remain the same or increase.
A lot of people that emigrate away from their home countries do it because they are seeking better job opportunities and a better living conditions. If Adelphia's economy is growing then the living conditions in the country should improve, so less people have to emigrate the country seeking a better life. For example, if living standards had been great in Europe during the last 3 centuries, then the US would have a very small population and there would be much more Europeans (and Latin Americans, Chinese, etc.) in their home countries.
Answer:
$857
Explanation:
Calculation for the present value
Using this formula
Present value = FV / (1+ r)^ n
Let plug in the formula
Present value= 1,000 / (1+.08)^2
Present value= 1,000 / (1.08)^2
Present value= 857.34
Present value=$857 (Approximately)
Therefore the Present value is $857
Answer:
It is cheaper to produce
Explanation:
Cost of producing
Direct materials - 90000
Direct labor - 130000
Variable factory overhead - 60000
Fixed factory overhead - 60000
Total cost - 340000
Cost of buying `10000*36 = 360000
Incremental cost of buying = 360000-340000 = $20,000
It is cheaper to produce at 340000/10000 = $34 /unit
In making a decision whether to buy or manufacture , variable cost and the avoidable costs are considered relevant for this purpose