I Think The answer is d I hope it helps My friend Message Me if I’m wrong and I’ll change My answer and fix it for you
First option.
Indeed, some people may benefit by paying the artificial price, but not all as other people may not be able to satisffy all their demand as a price ceiling will also effectively create a shortage due to the low prices disincentivizing producers.
Answer: The value of this exchange is $8,816.05.
Explanation:
The problem is dealing with a simple case of arbitrage of exchange rates: Lets assume that
k = koruna
b = baht
Step 1:
Sales Revenue = k2,200,000
(To get USD amount :
Purchase Cost = b3,200,000
(To get USD amount :
Step 2:
Profit = Sales Revenue - Purchase cost
= $86,750.7886 - $77,934.7297
= $8,816.0589
The value of this exchange is $8,816.05.
Answer:
$100,000 and $241,000
Explanation:
The computation of the gross profit for the Black and Navy Divisions shown below:
As we know that
Gross profit = Sales - cost of goods sold
For Black, it would be
= $200,000 - $100,000
= $100,000
And, for Navy, it is
= $400,000 - $159,000
= $241,000
We simply applied the above formula to compute the gross profit
Answer:
Accounts payable
Explanation:
Accounts payable is the amount that the firms owes to its suppliers. It is a current liability as it should be paid back within a year. Current assets represent current economic benefits of the firm that is utilized within the operating cycle of the firm. which is generally a year. Examples of current assets are inventory, accounts receivables (amount owed to the firm by customers) and cash in hand.
As such, other options except accounts payable are included in Erica's business as current assets.