Answer:
Explanation: current assets are assets other than fixed asset that a company uses in its day to day operations and are noted in the Balanced sheet of an organisation and they include:
Cash, Account receivable, Inventory, Supplies.
From the above question, the current asset of Buffalo Industries is stated below:
Balanced Sheet (extract)
Current assets :
Cash $97,340
Merchandise inventory $167,950
Supplies. $12,560
Total current asset. $277,850
Answer:
Option (C) is correct.
Explanation:
Exchange rate refers to the rate at which various countries exchange goods and services in the world market.
For example, the exchange rate between India and United States is as follows:
India's currency is in Rupees and United states' currency is in dollars,
So, the exchange is; $1 = Rs. 69
If the cost of goods for an Indian resident is 20 US dollars then he have to pay:
= 20 × Rs. 69
= Rs. 1,380 in rupees for purchasing the product.
Answer:
$4
Explanation:
Perfectly competitive firms are characterised by:
1) Free entry and exit of buyers and sellers.
2) Large number of buyers and sellers.
3) Existence of identical product.
4) Informations are readily available to the customers.
Marginal revenue(MR) refers to a change in revenue as a result of an additional change in output.
At 100 units output, MR=$400
At 101 units output, MR=$404
Change in MR=$404-$400
=$4
Change in output=101 units-100units
=1 unit
Marginal revenue(MR)= change in revenue/Change in output
Marginal revenue (MR)=$4/1 Unit
MR= $4
Answer:
A
Explanation:
If stock A has a lower dividend yield than stock B, its expected capital gains yield must be higher than stock B's
This i true because's required return for stock A is higher than that of stock B and if the dividend yield is lower than that of B then the growth rate of A must be be higher to offset this difference since the formula for calculating stock price using dividend model uses required rate of return to discount the dividends.
