Answer:
c. $1.63
Explanation:
We have to calculate the asset turnover which is shown below:
Total asset turnover = (Sales revenue ÷ Total assets)
where,
Sales revenue = $5,500
The net working capital = Current assets - current liabilities
$440 = Current asset - $750
So, the current asset = $750 + $440
= $1,190
And, the total asset equal to
= Fixed asset + current asset
= $2,186 + $1,190
= $3,376
Now the total asset turnover equal to
= $5,500 ÷ $3,376
= 1.63
Answer:
When the world price is $9.00 per barrel, imports are 10.25 million barrels per day.
Explanation:
This can be explained as following:
- At the domestic equilibrium, the quantity supplied and demanded were:
- When the world price is $9.00 (P=9), the domestic demanded and supplied quantity were:
- Demand: Qd = 15 - (1/4)x9 = 12.75 million
- Supply: Qs = -2 + (1/2)x9 = 2.5 million
When the domestic supply is 2.5 million barrels per day while the domestic demand is 12.75 million barrels per day, the domestic still lacks:
- 12.75 - 2.5 = 10.25 million barrels per day
So that they need to import 10.25 million barrels per day.
Creating an emergency fund should be a top priority, because you need to have extra money in case an emergency comes up that requires money.
The correct option is (A) central bank prints more money.
Indian nationalised banks include Central Bank of India. One of India's oldest and biggest nationalised commercial banks, it is owned by the Ministry of Finance, the country's government. Its headquarters are in Mumbai, the financial and administrative centre of the Indian state of Maharashtra.
The health of the financial system, as well as economic and monetary policy, are all under the control of central banks. These organisations regulate a nation's money supply and set interest rates. One of the most potent central banks in the world is the U.S. Federal Reserve.
Disclaimer
When governments are borrowers in financial capital markets, which of the following is least likely to be a possible source of the funds from a macroeconomic point of view?
A. central bank prints more money
B. increase in household savings
C. decrease in borrowing by private firms
D. foreign financial investors
Learn more about central banks here
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