An extremely large number of vendors, each of whom makes a comparable or same product, make up a competitive market. The total of all these unique outputs, which each provider produces as a small portion of the market as a whole, represents the production of that industry. This includes dry cleaners, corner stores, barbershops, and florists.
A market that has just one supplier is considered a monopolist at the other extreme. Examples include the fact that the National Hockey League is the only provider of top-notch professional hockey matches in North America, Hydro Quebec is the province of Quebec's sole electricity supplier, and Via Rail is the only provider of passenger rail services between Windsor, Ontario, and the city of Quebec.
Equilibrium: What Is It?
When market supply and demand are in balance, prices become steady. This is known as equilibrium. In general, a surplus of goods or services leads to lower prices, which increases demand, whereas a shortfall or under supply raises prices, which decreases demand.
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The total amount of quick assets is equal to $119,232. therefore, Option B is the correct statement.
<h3>What are Quick Assets?</h3>
Quick assets encompass cash available or current assets like accounts receivable that may be transformed to cash with minimum or no discounting.
Companies have a tendency to use the short assets to cover short-time period liabilities as they arrive up, so speedy conversion into cash (excessive liquidity) is critical.
Inventories and prepaid expenses aren't quick assets due to the fact they may be hard to transform into cash, and deep discounts are sometimes needed to do so.
The amount of quick assets is equal to Accounts receivable plus Cash plus Marketable securities.
Quick assets = $67,719 + $20,980 + $30,533
Quick assets = $119,232
Hence, the total amount of quick assets is equal to $119,232. Option B is the correct statement.
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Answer:
$21,800
Explanation:
The computation of 4-year revenue is as shown below:-
Bond Income of 4th Year = Face amount × Bond × 1 ÷ 2
= $500,000 × 8% × 1 ÷ 2
= $20,000
Interest Revenue = Bond Income + Amount of Discount Amortized
= $20,000 + $1,800
= $21,800
Therefore for computing the interest revenue we simply bond income with the amount of discount amortized.
Cash flow=net income+non-cash expenses-increase in working capital.
Answer:
Answer:
I realized that sports is my thing, although I'm not that athletic. I always have a blast whenever I'm engaging in sports. I also like watching it on television.
I fell in love with sports because exercise is good for our health. Engaging in sports also help improve my mood and boost my energy.
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