Answer:
0.67
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If the family buys one can of soup, the opportunity cost is the frozen food forgone.
Opportunity cost of one can of soup = 60 / 90 = 0.67
I hope my answer helps you
Answer and Explanation:
a. The current ratio is
We know that
Current ratio = Current Assets ÷ Current Liabilities
= $440,000 ÷ $200,000
= 2.2
Cash $160,000
Marketable Securities $75,000
Account receivable $65,000
Inventory $140,000
Current Assets $440,000
Account Payable $200,000
current liabilities $200,000
b
Quick ratio =( Current assets - inventory ) ÷ Current Liabilities
= ($440,000 - $140,000 ) ÷ $200,000
= 1.5
Answer:
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Explanation:
The Export-Import Bank finances the export activities of companies in the United States and offers insurance on foreign accounts receivable.
<h3>Export-Import Bank</h3>
- A federal organization called the Export-Import Bank of the United States (EXIM) offers a range of resources to support the export of American products and services.
- The Bank's goal is to finance the selling of American exports to foreign customers in order to create and maintain jobs in the United States.
- EXIM provides solutions like buyer financing, export credit insurance, and working capital access to American exporters and their clients.
- Second, EXIM offers buyer finance to match or compete with the financing provided by over 96 ECAs throughout the world when U.S. exporters face foreign competition supported by other governments.\
To learn more about Export-Import Bank refer to:
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Answer:
Industrial Finance Corporation of India (IFCI)
State Financial Corporations (SFC)
Industrial investment bank of India Ltd
<h3><u>O</u><u>bjectives</u><u>:</u></h3>
- Objectives of IFCI provide medium and long-term financial assistance to large scale industrial undertakings, particularly when ordinary bank accommodation does not suit the undertaking or finance cannot be profitably raised by the concerned issue of shares.
- Objectives of SFC to maintain and promote fairness, efficiency, competitiveness, and transparency in the securities and futures markets; promote public understanding of investing and corporate finance policy; protect investors by enforcing regulations; reduce crime and misconduct
- Objectives of Industrial Bank of India Ltd To provide financial assistance as well as to revive and revitalise sick industrial units in public/private sectors, an institution called the Industrial Reconstruction Corporation of India (IRCI) was set up in 1971 with a share capital of Rs. 10 crores.