Answer:
D
Explanation:
Determinig the optimal level of cash is one of the most important decisions a financial agent must make, the reason of the financial analysis is discover the optimal level of cash because many of the liquidity indicator are based in the amount of cash and this is important to know if the company can face their debts especially in the short term.
A favorable direct materials cost variance occurs when the actual direct cost of the materials is lower than the budgeted cost of materials. Favorable direct materials cost variance would indicate<span> that there was savings with the cost for the direct materials used by the company.</span>
Answer:
Yes
Explanation:
There was a valid consideration because an amount of money $10,000 was promised and clearly agreed between both parties Erin and Stephanie.
There is an enforceable contract because there was an offer and acceptance; mutual obligation and consideration, and the subject matter was not illegal.
Contracts must not be written to be enforceable. Erin and Stephanie's contract was oral and still enforceable. The question however will be if Erin is of age to be able to pay $10,000 otherwise the contract may not be enforceable or binding.
Explanation:
precautionary demand for money is classified as money that are held to cover for unforeseen occurrence e.g, an accident or illness.
It should also be noted that: The amount of money held for such purposes is broadly dependent on the level of income and expenditure.
With more income the precautionary demand will increase because there are more likely to be surprises in the timing or magnitude of the correspondingly high expenditures
A higher rate of interest represents a higher opportunity cost of holding money for any reason, including the precautionary reason, and so leads to lower precautionary holdings.
Answer:
Firm B is in the auto rental business. It is not the nation’s largest rental company, but significant barriers to entry enable it to serve customers across the United States more conveniently and at a lower price than local rivals.
Explanation:
For the given options we considered Firm B to be treated as the oligopolist as the firm nor its competitors would have the major impact over the market also there are entry & exit barriers from the market
So the firm B should be chosen as the oligopolist
Therefore the same should be considered and relevant
