True.
At 200 feet you turn on low beams :)
Answer:
11.11%
Explanation:
The computation of the return on assets is given below:
But before that following calculations need to be done
Total assets = Total debt ÷ Total debt ratio
= $657,000 ÷ 0.31
= $2,119,354.839
Total equity = Total Assets - Total Debt
= $2,119,354.839 - $657,000
= $1,462,354.839
Net profit = Total equity × Return on equity
= $1,462,354.839 × 0.161
= $235,439.129
And, finally
ROA = Net profit ÷ Total Assets
= $235,439.129 ÷ $2,119,354.839
= 11.11%
Answer:
c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.
Explanation:
- Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
- In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
Answer:
increase
Explanation:
Transaction cost is the cost needed for every exchange. This cost can be external or internal. External transaction cost comes from the cost to do an exchange with a second party while internal cost comes from the company itself.
The Martinez Legal Firm acquired a competitor so their business size will increase for sure. Larger businesses will become more complex and need more management. These will, in turn, increase the internal transaction cost.
Answer:
Sunk cost
Explanation:
The sunken cost is the expense previously incurred that will not be compensated in future. Plus, it's also called past expense.
The cost at the time of decision-making is not significant and it should be ignored.
In the given question, the $3,500 spent which is not now recovered and hence represents the sunk cost
