<h3>Hello there!</h3>
Your question asks what is financial literature.
<h3>Answer: Knowledge and skills that someone has in making good decisions with the financial sources that they have.</h3>
When you look at the word "financial literature", you can see that it has the word "financial" in it, so that means that it's going to be based off of finance.
Financial literature is knowledge and skills someone has in finance. What this means is that someone has knowledge on how finance works and know ways to stay financially stabled. The knowledge that someone could have is how money works, how to manage the money, and how to turn the money they already have into more money.
The knowledge that an individual could attain from financial literacy could help them in the long run, in which it's highly recommended to learn financial literacy, due to the fact that tons of people are going into debt because they don't know how to manage their finances.
To sum it up, people who know financial literacy would have a high chance in knowing how to manage their money and stay out of debt.
<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
Answer:
C
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
If the PPF is a straight line, it means there is a constant opportunity cost no matter the point one is on the curve
<span>A collision coverage type of insurance only the covers the
cost that is incurred due to damage to your car. It does not include the cost
for the other car. Therefore you will have to pay the total of $1,100</span>
Answer:
Cost of goods will be $4670325
Explanation:
We have given current liabilities = $407000
A quick ratio = 1.90
Current ratio is 3.40 and inventory turnover = 4.50
We know that current ratio is the ratio of current assets and current liabilities
So ![3.4=\frac{current\ assets}{current\ liabilities}](https://tex.z-dn.net/?f=3.4%3D%5Cfrac%7Bcurrent%5C%20assets%7D%7Bcurrent%5C%20liabilities%7D)
So current assets = $1383800
Now quick ratio is equal to = ![\frac{current\ assets-inventory}{curtrent\ liabilities}](https://tex.z-dn.net/?f=%5Cfrac%7Bcurrent%5C%20assets-inventory%7D%7Bcurtrent%5C%20liabilities%7D)
So ![0.85=\frac{1383800-inventory}{407000}\\](https://tex.z-dn.net/?f=0.85%3D%5Cfrac%7B1383800-inventory%7D%7B407000%7D%5C%5C)
Inventory = $1037850
Inventory turnover is given 4.5
So ![4.5=\frac{cost\ of\ goods\ sold}{average\ inventory}](https://tex.z-dn.net/?f=4.5%3D%5Cfrac%7Bcost%5C%20of%5C%20goods%5C%20sold%7D%7Baverage%5C%20inventory%7D)
![4.5=\frac{cost\ of\ goods\ sold}{1037850}](https://tex.z-dn.net/?f=4.5%3D%5Cfrac%7Bcost%5C%20of%5C%20goods%5C%20sold%7D%7B1037850%7D)
So cost of goods sold = 4.5×$1037850 = $4670325
Of countries?
Probably you mean Thailand then.