Answer:
Net worth is the measure of the wealth of an entity, person, or corporation, as well as sectors and countries. Simply, net worth is defined as the difference between assets and liabilities. It is an important metric to gauge a company's health and it provides a snapshot of the firm's current financial position.
Answer:
False
Explanation:
If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day credit period tell us that the credit department is functioning efficiently and there are no past due accounts. This is a false statement.
Answer:
<u>The number of responses if a discount is offered would be 33,250</u>
Explanation:
1. Let's review the information given to us to answer the question correctly:
Number of responses you had without offering discount = 19,000
Percentage of increase if you offer a discount = 75%
2. If you mail the same size list and offer discount how many responses would you expect?
Number of responses if a discount is offered = Number of responses you had without offering discount * (1 + 0.75)
Replacing with the real values, we have:
Number of responses if a discount is offered = 19,000 * 1.75
Number of responses if a discount is offered = 33,250
<u>The number of responses if a discount is offered would be 33,250</u>
Answer:
The answer is 27 hours
Explanation:
Solution
The Comparative advantage depends on production of the lower opportunity cost
The opportunity cost of a production is =maximum production of other good /maximum production of the good
Now,
The opportunity cost of hot dog bun for town A =10/4=2.5
Thus,
The opportunity cost of hot dog bun for town B=6/10=0.6
So,
The town B has a comparative advantage in hot dog buns and A in sausages
Town A will produce-only sausages and it will take the time of
time in hours =total required a quantity of the good /number of products in an hour
Now,
The time for Town A for sausages=120/10=12 hours
The time for Town B for hot dog buns=120/8=15 hours
Therefore, The total time =12+15=27 hours.