Current liabilities are debts that must be repaid within a year.
Current assets are assets with short lives, but inventory is not considered a current asset at times, for example in the quick ratio, inventory is disregarded.
Long-term debts are those that can be paid after a year or more, and not whatever "residual claim" the question speaks of.
Tangible assets are assets which can be felt and have a physical form, but are not necessarily fixed assets.
Net working capital is current assets minus current liabilities.
'The only definiiton that seems correct is the current asset one, although they word it inappropriately.
Answer:
C) The central bank has been increasing the target interest rate at regular intervals and it is now at its highest level in eight years.
Explanation:
Since the central bank has been increasing the interest rates in Terbia, this means that it has been engaging in a contractionary monetary policy. In other words, the central bank has been decreasing the money supply in Terbia. If the money supply has been decreasing constantly during the last 8 years, then the high inflation rate cannot be caused by an increase in the money supply.
Answer:
The answer is e. to support a federal bailout of the banking industry
Explanation:
To response to financial crisis, President Bush had addressed in the public television that the federal bailout of damaged financial institutions was necessary to avoid long and painful recession.
In fact, his administration had implemented an $700 billion worth of Trouble Asset Relief Program since October 2008, in which the amount from federal government's budget was spent on bailout damaged financial institutions such as American International Group (AIG), and bad mortgage debts.
So, e is the correct choice.
What’s your question? I don’t see the options...
