Answer:
A. Blue Ace Autos is less efficient than Ferdova Autos in producing goods.
Explanation:
The cost/ revenue ratio of Ferdova Autos is lower than that of Blue Ace, this indicates that for Ferdova Autos ,either revenue is higher or cost is lower than that of Blue Autos.
For example, let us imagine that the revenue of both companies is $60 million and th cost of production for Ferdova Autos is $32.52 (0.542 × 60 million ) million and that of the other company is $38.04 million (0.634 × 60).
We can see that Ferdova Autos spends less to generate the same amount of revenue. This means that Ferdova Autos is more efficient in production when compared with blue autos.
I hope my answer helps you
"It's a s<span>ystem of recording business transactions and
analyzing, verifying, and reporting the results"</span>
Answer:
$13,363
Explanation:
Net-worth is the difference between an individual's assets and liabilities. In other words, net-worth is equal to assets - liabilities.
<u> Anthony's assets </u>
College savings account $8,657
checking account $347
Cash $45
Pair of Jordan's <u>$4500</u>
Total assets <u>$13,549</u>
<u>His liabilities </u>
A personal loan from Yenny $186
Net-worth = $13,549- $186
=$13,363
Answer:
Nominal exchange rates adjust for the effects of inflation.
Answer: Mixed cost
Explanation:
The cost of the natural gas is a mixed cost. A mixed cost is the cost that combines two types of costs (fixed costs and variable costs). A mixed cost is made up of a fixed cost that doesn’t change when production volume changes and also the variable cost that changes when production volume changes.
Mixed costs are also known as semi variable cost. The natural gas is used constantly with the expense incurred on it continuous, therefore it's a fixed cost. Also, when there is no pizza, the usage of natural gas decreases so it's a variable cost. Since it has attribute of fixed and variable cost, it's a mixed cost.
