Answer:
Option "E" is the correct answer to the following question.
Explanation:
It is believed that fashion can change in a small interval of time. Fashion related.
goods or merchandise may be the change in a small interval.
Fashion is completely based on the thinking of human, with the changing of human thinking, fashion also keeps changing.
Therefore, Fashion merchandise's demand depends on short period of time.
Answer:
a. A long position is a bet that the number is going to fall while a short position is a bet that the number will rise in the future.
Explanation:
The derivative contract is a contract in which the contract is to be done between two or more parties regarding the value i.e. depend upon the financial asset i.e. underlying. It involves the bonds, commodities, etc
So according to the given options, the option a is correct as long position is a bet in which the number is to be decline while on the other hand in the short position the number would increase
Answer:
B. 17.78 days
Explanation:
Days Sales Outstanding or Age of Receivables measures the average number of days it take for a company to collect its receivables.
This is computed by dividing the Average Accounts Receivables over Daily Sales. Bear Rug's Average Accounts Receivable is $39,500 ($41,000 + $38,000/2) while its Daily Sales is 2,222 ($811,000/365).
Thus, the average days for the firm to collect its receivables are 17.78 days ($39,500/2,222).
Okay. So Joan receives 25% commission on the profits of the cars she sells. She got $8,870 on the profit last month. To find the commission, let’s multiply the amount of profit by the percentage. 8,870 * 0.25 is 2,217.5. There. Joan earned $2,217.50 in commission last month.
