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Andrew's balance sheet at the end of a trading year shows current assets of £35,260 and current liabilities of £17,200. The current assets include stock of £12,040, bank account of £7,700, cash of £532 and an amount owed by debtors.
(a) Calculate:
(i) The amount owed by debtors
(ii) the acid test ratio.
(b) State whether or not you would judge the liquidity of the business to be healthy. Give a reason for your answer.
Elucidate the difference between the law of demand and the law of supply. What does the phrase 'other things equal" mean? Why do we need that.
Give a brief historical background on the growth in online shopping over the last couple of decades. (approximately 400 to 500 words)
gm announced that it will close its oshawa truck plant in 2009 and a windsor transmission plant in 2010. ford
suppose a business experiences a sudden increase in its fixed costs. for example suppose property taxes increase
Need a five page paper on an economic topic from the wall street journal using APA format. the paper needs to include introduction and teh students position on the topic.
Utilizing an aggregate supply and aggregate demand diagram, show why this self-correcting process involves only temporary periods of inflation or deflation.
How will households and businesses react if the central bank reduces the money supply by $25 billion Households and businesses will not react OR Households and businesses will increase spending OR Households and businesses will reduce spending.
How does an active fiscal policy helps or hinder long-run growth in the economy.
Assuming that Reverse Osmosis Systems and traditional Water Purifiers are substitutes, what happens if the price of a Reverse Osmomis Systems subscription increases?
3.Should the Fed remain independent from political authority or should the President and Congress have a say in their operations Why Why not 4.What is FOMC What is the current Federal Funds Rate
The impact of Energy price on the Aggregate Supply, this is a topic we have been discussing in my macroeconomics class and I am completely lost.
If instead local ordinances granted the households the right to be free from the pollution, could an efficient outcome be achieved by voluntary exchanges between the households and the O&Gs Would the households be better off or worse off than if t..
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