Answer:
The Current and Acid Test ratios help show whether a company will be able to pay of its current obligations with its current assets.
<h2>
Current Ratio:</h2>
Camero : GTO
= Current Assets / Current liabilities = 3,500 / 1,000
= 5,200 / 2,000 = 3.50
= 2.60
Torino
= Current assets / Current liabilities
= 7,410 / 3,800
= 1.95
<h2>
Acid-Test ratio </h2>
Camero
= (Current Assets - Inventory - Prepaid expenses) / Current liabilities
= (5,200 - 2,600 - 200) / 2,000
= 1.20
GTO
= (3,500 - 2,420 - 500) / 1,000
= 0.58
Torino
= (7,410 - 4,230 - 900) / 3,800
= 0.60
Answer:
i a depreciation of its currency;
Explanation:
A flexible exchange rate is when exchange rate is determined by the forces of demand and supply.
an expansionary monetary policy is a policy where the monetary authorities increase the money supply in the economy.
If exchange rate is flexible and an expansionary monetary policy is carried out, the supply of money would exceed its demand. as a result, the value of money would fall. this is known as depreciation
Is an example of Market segmentation, which divides the market in half, due to a different demographics like age, target market etc.
The new target market that divides the market is possibly ages: 6-9
Hope this helps.
Answer:
Best estimate for inventory =$70,764.85
Explanation:
The closing inventory value at retail
= (Opening inventory + Purchases - sales) all in retail prices
= $123,000 + $483,000 - 493,000.
= 113000
Closing inventory value at cost
=113,000 × (64,500 + 315,000)/(123,000 + $483,000)
=70,764.85
Best estimate for inventory =$70,764.85
Answer:
The demand for 10 a.m. class is higher than the demand for the 2 p.m. class.
Explanation:
The supply of seats for the psychology class at 10 a.m is the same as the class at 2 a.m. But there is a surplus of seats at 2 a.m class and shortage of seats at 2 p.m class.
Other things being constant this implies that more students are attending the 10 a.m class than the 2 p.m. class. This shows that the demand for the 10 a.m class is comparatively higher than the demand for the 2 p.m. class.
This causes a surplus of seats at 2 p.m and shortage of seats at 10 a.m.
