Answer:
1.5
Explanation:
Current ratio = current asset/current liabilities
This ratio is used to determine how quickly the current assets can be used to settle the current liabilities as they fall due.
current assets = $120,000
current liabilities = $80,000
The firm's current ratio = $120,000/$80,000
= 1.5
Answer: Option E
Explanation: Corporate culture refers to the values and beliefs of an organisation that originates from its several different factors like strategy, customers and investors etc. The corporate culture of an organisation affects the attitude and behavior of all its members.
It sometimes works as a guide when the organisation faces an ethical dilemma. In a healthy corporate culture every employee in the organisation is treated with respect regardless of his or her status.
Thus, from the above we can conclude that the correct option is E.
Answer:
4/11 and 6/15 dressers.
Explanation:
Absolute advantage is the ability of a country to produce more of a product given the same resources than another country per unit time. It also applies when a country is able to produce same amount of goods with another country given less inputs.
So a country that produces more goods uses a more efficient process to get more output.
In this scenario a worker in Peru can produce 11 lamps or 4 dressers in a day and a worker in Canada can produce 15 lamps or 6 dressers in a day. Canada has absolute advantage in producing lamps and dressers, so importing these items will not be beneficial.
To get a balance where both countries will benefit a lamp will have to go for a ratio of each countrie's product to the opportunity cost.
That is for Peru to produce 4 dressers it will have opportunity cost of 11 lamps. So the ratio is 4/11.
Also for Canada to produce 6 dressers it will have opportunity cost of 15 lamps. So the ratio is 6/15.
Lamp should trade for between 4/11 to 6/15 dressers for both countries to benefit.
To keep every other branch in check if we had only one then they could go corrupt. (separation of power)
Answer:
D. speed money.
Explanation:
Speed money or grease money are monies payed to fasten a routine process. For example to gain approval for a project, to clear a shipment.
Speed money differs from bribery because the end result is something that will be done with or without the speed money, so it is given to speed the process along.
Sometimes speed money is obligatory. To show it was payed legally documentation should be done.
