Information utility is a measure of preferences over some set of goods and services, it represents satisfaction experienced by the consumer from a good.
Answer:
B) Intermediaries provide information to savers and investors.
Explanation:
The other options are incorrect,
A) Intermediaries decrease the level of risk for investors
C) Intermediaries channel money from savers to investors
D) Intermediaries are private agencies
Answer:
3.00
Explanation:
Computation for this year's accounts payable turnover ratio for Nelson
Using this formula
Accounts payable turnover ratio=Cost of goods sold last year - Cost of goods sold this year /(Accounts payable last year -Accounts payable this year) ÷2
Let plug in the formula
Accounts payable turnover ratio=$550,000-$580,000/($300,000+$280,000) ÷2
Accounts payable turnover ratio=$30,000/$20,000÷2
Accounts payable turnover ratio=$30,000/$10,000
Accounts payable turnover ratio=3.00
Therefore this year's accounts payable turnover ratio for Nelson will be 3.00
Answer:
equipment value 21,100
depreciation per year under striaght-line method: $2,860
Explanation:
All incurred cost needed to leave the equipment ready for use must be capitalized:
We should incluide
cost 18,300 + 2,800 freight-in cost = 21,100
depreication per year: 2,860
Answer:
B. find it hard to get a loan.
Explanation:
The score range between 500 to 600 is a weak qualification for financial institutions then, the person will obtain a credit in difficult conditions if he is able to find any.
