Answer:
C. Short term ability of the enterprise to pay its maturing obligations and to meet unexpected needs for cash
Explanation:
Oftentimes enterprise need cash to meet its daily financially need or business obligations. The ability to meet such daily or short term need is called liquidity ratio.
The primary purpose why enterprises are in business is to make profit, however, its daily operations must continue which will be financed with cash. Liquidity ratio shows that an enterprise is financially buoyant to meet its unexpected needs for cash and also to pay its occurring business obligation.
12.Sunnydale Organics, Inc. harvests crops in roughly 90-day cycles based on a 360-day year. The firm receives payment from its harvests sometime after shipment. Due in part to the firm's rapid growth, it has been borrowing to finance its harvests using 90-day bank notes on which the firm pays 12 percent discount interest. If the firm requires $60,000 in proceeds from each note, what must be the face value of each note
Answer: $61857
Explanation:
Let the face value of each note be represented by y.
We should also note that we are given a time period of 90 days = 3 months.
Discount interest = 12%. This will be 3% for every 3 months.
Face value of each nite will then be:
y = 60000/(100%-3%)
y = 60000 / 97%
y = 60000/0.97
y = 61,856.67
Sandra goes into her favorite shoe store where they are holding a special sales promotion. The salesperson explains to Sandra that if she purchases one pair of shoes, she would receive a free pair of socks. Which type of sales
promotion is this?
NEED ASAPPP ITS AN EXAM..
Answer:
Premium
Explanation:
A premium type of sales promotion is this. Thus, option B is correct.
Who is a salesperson?
The salesman is in charge of welcoming clients, guiding them toward the merchandise they need, and counting up transactions. You need to be a great communicator if you want to succeed in sales. A successful salesman achieves sales goals while being courteous and helpful to consumers.
The salesman is in charge of welcoming clients, guiding them toward the merchandise they need, and counting up transactions. You need to be a great communicator if you want to succeed in sales. A successful salesman achieves sales goals while being courteous and helpful to consumers.
With the confirmation of purchase, you can receive a reward for nothing or for minimal shipping as well as a handling fee. Therefore, option B is the correct option.
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During the 1970s, some economists argued that the cause of the woes of the economy were due to __________. g
Explanation:
Stagflation. Which is stagnant growth combined with inflation. Which was caused in large part by repeated disruptions to global oil supplies, which led to soaring prices and gasoline shortages in the United States.