Who is national debt most unfair to?

Baker Corp. is required by a debt agreement to maintain a current ratio of at least 2.5, and Baker's current ratio now is 3. B

Orlov [11]

Answer:

$1.67 Million

Explanation:

Current asset = 15 Million

Current liabiltiy = 15 Million/3

= 5 Million

Let the inventory X can be purchased with short term debt without violation

per current ratio requirement

(15 + x)/5+x = 2.5

15 + x = 12.5 + 2.5x

2.5 = 1.5x

x = $1.67 Million

Therefore, $1.67 Million inventory can Baker purchase without violating its debt agreement if their total current assets equal $15 million

7 0

3 years ago

For an analysis of the salaries of your company, you plot the salaries of all employees against the number of years they have w

Arisa [49]

Answer:

1. That values that you must plot are:

(1, 4.08))

(20, 5.08)

(40, 6.18)

2. Yes, the plot of those three points is straight enough.

Explanation:

A. What are the values you will plot?

The x-ccordinate of your plot is still the number of years the exmployees have worked for the company.

The y-coordinate of your plot is the the base-10 logarithm of the salary.

Therefore:

1) A part-time shipping clerk: 1 year, $12,000

⇒ $(1,log_{10}12,000)=(1,4.08)$

2) A manager: 20 years, $120,000

⇒ $(20,log_{10}120,000)=(20,5.08)$

3) The CEO: 40 years ago, $1,500,000

⇒ $(40,log_{10}1,500,000)=(40,6.18)$

Summarizing, the points to plot are:

(1, 4.08)

(20, 5.08)

(40, 6.18)

B. Will the plot of these three points be straight enough?

To find whether the plot is straight enoguh, you may either plot them, make a regression, or, since they are only three points, you can whether the change of rate of the points is constant.

Change of rate of the first two points, r:

r = rise/run = Δy / Δx = (5.08 - 4.08) / (20 - 1) =1.00/19 ≈ 0.05

Change of rate of the second and the third points, r:

r = rise/run = Δy / Δx = (6.18 - 5.08) / (20 - 1) = 0.05

Since both rate of changes are equal (or reasonably equal) the plot is straight enough.

4 0

2 years ago

Which category in Maslow's hierarchy includes basic survival needs such as air, food, water, and shelter?

riadik2000 [5.3K]

the answer is : A

The Physiological category in Maslow's hierarchy includes basic survival needs such as air, food, water, and shelter.

7 0

3 years ago

Read 2 more answers

A 10 year 7% municipal bond, quoted on a 5.00 basis, is priced at 104. A 10 year 6% municipal bond, quoted on a 5.00 basis, is p

goldfiish [28.3K]

Answer:

D. 102.2

Explanation:

Using a simultaneous equation

Since the year is constant

We will use the the basis and municipal bond as our variables

So equation 1 = 7x+5y=104

Eqn ii= 6x + 5y= 101

Using eliminating method

X=3

Substitute for x in equation 1 to get the value of y

7(3) + 5y=104

5y=104-21

Y=16.6

To get the price for the percent of 6.40 at 5% basis substitute for the value of X and Y respectively in the both equation

6.4x+5y=?

6.4(3) + 5(16.6)=

19.2+83=102.2

3 0

3 years ago

Professional organizations and producer groups have an incentive to a. encourage advertising in order to enhance competition on

Ivanshal [37]

Professional organizations and producer groups have the incentive to restrict advertising in order to reduce competition on the basis of price.

Advertising has the power to influence the tastes of the consumers of a product. Effective restrictions on advertising also helps to raise the profit that a business makes.

It does this by the reduction of price sensitivity and also leading to a fall in the number of competitive firms.

8 0

2 years ago