Marcus says that he would smoke one pack of cigarettes each day regardless of the price. if he is telling the truth, Marcus's. Demand for cigarettes is perfectly inelastic.
When an item or service's quantity stays constant even when its price varies, it is said to be inelastic in the economic sense. When prices rise, consumers' purchasing patterns essentially stay the same, and when prices fall, those patterns also stay the same, which is what is meant by inelastic demand. When a good or service's price changes by 1%, it signifies that the amount sought or provided will vary by less than 1%. This is referred to as being inelastic. An essential prescription would be regarded as an inelastic good, for instance, if its price rose from $200 to $202, a 1% rise, and its demand fell from 1,000 units to 995 units, a less than 1% decline.
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Which of the choices given is a coincident economic indicator? a consumer debt levels b durable goods orders c index of industrial production d corporate profits
The answer to this given question is option c.
A coincident economic indicator is the index of industrial production.
What is economic indicator?
The economic indicator depicts a country's current economic situation.
The indicator that shows the current economic situation is referred to as the coincident economic indicator. The index of industrial production is known as the coincident economic indicator because it shows what the demand for a country's products is as well as the capacity of production. If a country's output exceeds its needs, this is a good sign.
Option (a) is incorrect because it does not represent the coincident indicator.
Option (b) is incorrect because it does not represent the coincident indicator.
Option (d) is incorrect because it does not represent the coincident indicator.
Therefore, the correct answer for the given question is option (c).
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along a given supply curve, an increase in the price of a good will: a decrease producer surplus and increase consumer surplus. b increase consumer surplus. c decrease producer surplus. d have no impact on producer surplus, but will decrease consumer surplus. e increase producer surplus.
Along a given supply curve, an increase in the price of a good will increase producer surplus.
Supply curve, in economics, graphic illustration of the relationship between product fee and quantity of product that a supplier is willing and capable of deliver. Product rate is measured at the vertical axis of the graph and amount of product supplied at the horizontal axis.
Why supply curve is upward sloping?
The supply curve is upward sloping because, over time, providers can select how tons of their items to provide and later deliver to market.
What is an example of a supply curve?
If a 50% rise in soybean prices reasons the number of soybeans produced to rise via 50%, the deliver elasticity of soybeans is 1. On the other hand, if a 50% upward thrust in soybean expenses most effective will increase the quantity furnished through 10 percentage, the supply elasticity is 0.2.
What causes a supply curve?
Changes in manufacturing fee and associated factors can cause a whole supply curve to shift proper or left. This causes a better or lower amount to be provided at a given rate. The ceteris paribus assumption: supply curve relate expenses and quantities supplied assuming no other factors change.
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you invest $1,000 in a stock that has a 15% chance of a 1% return, a 60% chance of a 5% return and a 25% chance of a 7% return.
[DISCLAIMER :- The complete question is mention below :
The question asked is incomplete. This question below is the complete question and has been answered accordingly.
"You invest $1,000 in a stock that has a 15% chance of a 1% return, a 60% chance of a 5% return and a 25% chance of a 7% return. What will be expected return?"]
The expected come back are 4.90%.
Let us initial perceive what's expected return?The expected come back is that the quantity of profit or loss associate capitalist will associate receiving on an investment.To find expected come back we have a tendency to multiply the potential outcomes by the chances so rundown all the result.Expected come back will be expressed as = (p1r1) + (p2r2) + ………… + (pn rn)
Where
p= likelihood of every come back in an exceedingly state of affairs
r= Rate of come back with totally different likelihood in an exceedingly given state of affairs
n= state of affairs variety
So, expected return= (1 X zero.15 ) + (5 X zero.60) +(7 X zero.25)
=0.15 + 3 + 1.75
=4.90%
Hence, the expected come back when one year are 4.90%.
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Marketers select the ____ target market approach when they group two or more submarkets into a larger target market and apply one marketing strategy. multiple choice question.
Marketers select the segmentation target marketplace technique once they organization or more submarkets into a larger target marketplace and practice one marketing approach.
A marketer is a person who promotes a company's products and services. They parent out the strategies that can boost sales and revenue at the same time as ensuring those strategies are aligned with the needs of the customers in addition to the marketplace demand.
Marketers are preoccupied with changing their products or services into cash, whilst entrepreneurs are enjoyable the desires of their customers. therefore, what entrepreneurs offer purchasers aren't determined by way of themselves, but by the consumers. remember that your product wishes to be an effect of the marketing attempt.
Marketing jobs are determined in advertising and marketing companies, media agencies, marketing departments in commercial enterprise corporations, nonprofit corporations, and advertising and marketing research corporations. The four predominant career paths in marketing are account control, creative, media, and studies.
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Matt and bree are saving for a new car. at the end of 2013, their total savings was $8,500 . in 2014, total savings increased to $9,875 . how much did matt and bree save in 2014?
Marr and Bree saved $1375 in 2014.
INn 2013 matt and Bree's total savings is (A) = 8 500
In 2014 their total saving Increased to (B) 9,875
So saving in 2014 is B - A
9875 - 8,500
$1375.
Saving is the portion of profits no longer spent on current prices. In different phrases, it is the money set aside for future use and not spent at once.
Financial savings is the part of earnings now not spent on modern expenditures. due to the fact a person no longer recognises what is going to happen in destiny, cash has to be saved to pay for surprising occasions or emergencies. A character's automobile can also break down, their dishwasher could begin to leak, or a medical emergency ought to occur.
Saving money is essential because it allows cushions the blow of economic emergencies and surprising expenses. moreover, saving cash lets you pay for massive purchases, avoid debt, reduce your monetary stress, and provide you with a more experience of financial freedom.
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Importing high concentrations of compatible solutes is a strategy cells use to counteract the effects of an environment containing a?
Importing high concentrations of compatible solutes is a strategy cells use to counteract the effects of an environment containing a high salt concentration.
Proteins tend to aggregate and precipitate when there is a lot of salt present. This event is thought to happen because salt causes the water around the protein to migrate into the bulk solution, disrupting hydration barriers between the protein molecules. As a result, the hydrophobic regions of the protein surface are made visible, creating locations where nearby protein molecules can attach one another. Therefore, a protein's hydrophobicity determines whether salting-out will be successful; proteins with few exposed hydrophobic areas typically persist in solution even at very high salt concentrations.
Importing high concentrations of compatible solutes is a strategy cells use to counteract the effects of an environment containing a
a. high salt concentration.
b. high dissolved-oxygen concentration.
c. high water potential.
d. low ionic concentration.
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the point of a business cycle fluctuation, during which growth slows, unemployment increases, and pricing pressures subside, is called a(n):
The point of a business cycle fluctuation, during which growth slows, unemployment increases, and pricing pressures subside, is called a(n) contraction.
What is contraction in the business fluctuation?The term that is referred to as contraction in the business cycle is the point where the entire business can be said to be experiencing a decline or a decrease. This is the point that is known to happen after the business cycle. During this period, the business cycle would fall.
Hence we can say that the point of a business cycle fluctuation, during which growth slows, unemployment increases, and pricing pressures subside, is called a(n) contraction.
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Urrency valuation in the interbank market is affected by all of the following except? a intervention b revaluation c devaluation d intermediation
Currency valuation in the interbank market is affected by intervention, revaluation, and devaluation but not with intermediation. Therefore the correct answer is option "d" intermediation.
Currency values in the interbank marketplace are affected by central bank intervention; with the aid of currency revaluation; and by means of devaluation of the forex. Intermediation is a U.S. banking term that describes durations when deposits flow into "time accounts" at banks - this normally happens when hobby costs are low. Deposits waft out of banks whilst interest prices are high- that is called "disintermediation".
Money intermediation includes the obtaining of a budget within the shape of transferable deposits, i.e. finances which are constant in money phrases, acquired on a day-to-day basis, and, apart from critical banking, acquired from non-financial sources.
Currency intervention takes place while a primary bank purchases or sells the united states' very own currency inside the foreign exchange market day-to-day fee. A revaluation is a calculated upward adjustment every day a rustic's authentic change price relative day-to-day a delegated baseline, which includes salary prices, the charge of gold, or foreign money. Devaluation, the deliberate downward adjustment in the legitimate exchange fee, reduces the forex's price; in comparison, a revaluation is an upward change in the forex's cost.
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When calculating the balance of the sales revenue account, you find that the balance is lower than expected. However, according to your balance sheet and your analysis of the accounting equation, all of your debits and credits are equal across accounts. What is the most likely explanation for this?.
The balance in the sales revenue is lower than expected is due to may be you forgot to record the journal of sales transaction.
Journal is the first step to record the transaction . under this accounts are debited and credited which is based upon the transaction. After recording of journal it is posted in the ledger account which effects all the financial performance.
As journal entry is not recorder there will be no impact in the balance sheet which results in the equalization of all debits and credit.
For recording of the journal sales account is credited where cash or debtors account is debited. So if it is forgot to record then it will not impact any of the account.
This may be concluded as error to forgot to record the transaction. To avoid this invoice of each sale should be matched with the journals . Proper audit of accounts should be done on timely basis.
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A well-known brand of orange juice ran an advertising campaign that touted the health benefits of drinking orange juice. this form of advertising is known as?
This form of advertising is known as primary-demand advertising. Without focusing on a specific brand, primary demand advertising (PDA) drives demand for a product class or type of product. Because it generates a generic demand for products or product categories, primary advertising is also known as generic advertising.
Because it benefits no particular author or publisher, an advertisement urging people to read more books is an example of primary advertising. Because it benefits no particular author or publisher, an advertisement urging people to read more books is an example of primary demand advertising. If the marketing campaign is effective, everyone in the publishing sector will benefit.
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The is function has become ________ strategic within organizations, so a growing number of cios are coming from _________
The is function has become increasing strategic within organizations, so a growing number of cios are coming from other business units .
What are business units ?
A business unit is a distinct section inside a corporation that frequently develops and implements its own processes independent of the primary business or brand while conforming to overall corporate regulations. Large brands typically use this structure to better manage and track KPIs like sales and costs for each segment.
A structured business unit lets each unit to manage its own profits and expenditures, allowing organizations to monitor and reduce overall costs connected with various department responsibilities.
Autonomous planningUnique competitorsIndependent revenue and cost trackingUnique mission or valuesIndependent from other business unitsUnit managers still report to the core companyTo learn more about business units
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identify the form of capital market efficiency under the efficient market hypothesis described in the following statement:
The correct answer is:
SEMI-STRONG FORM EFFICIENCY- Semi strong form of market will advocate that all the publicly available information have been discounted into the stock prices but privately available information are yet to be discounted. Weak form of market does not talk about any kind of public and private information.
It is the semi strong form of market in which only publicly available information are discounted in the market.
THE STOCK PRICE WILL INCREASE AND SETTLE AT NEW EQUILIBRIUM LEVEL- Private informations are not discount into the market prices so there will be a scope of making abnormal return in semi strong form of market. insiders news are not discounted in prices and when the insider news will become public Information, it will be resulting into stock price setting at new levels.
FUNDAMENTAL ANALYSIS- Fundamental analysis will be related to an analysis which is based on understanding of books of accounts of the company. fundamental analysis will help an individual investor to find out the intrinsic value and compare it with the market price and invest according to the price discrepancy.
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Managing the supply chain has become more important as a result of firms increasing their levels of.
Managing the supply chain has become more important as a result of firms increasing their levels of production.
Production is the process where the supply chain is the most important due to which different outcomes come and the profit can be determined. This also determines the managers and the labors work efficiency and the result of the work done.
It helps in increasing the level of work efficiency and production levels so that maximum out of the best done is achieved in a firm. Hence, supply chain is important.
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You can be jailed up to six months and fined up to $1,000 if you _________________.
Dumping or abandoning an animal on a highway can lead to imprisonment up to six months and fine up to $1000.
It is usually a violation of California Vehicle Code Section 21376, which states: "The Department of Transportation shall place and maintain on each major state highway entering the state, within 500 feet after the state line, a sign stating that the abandonment or dumping of any animal (on a highway) is a crime punishable by a fine of up to $1,000 or confinement in a county jail for up to six months, or both."
It is illegal in some states to abandon an animal anywhere, not just on a highway. In California, Section 597 of the Penal Code states that it is a misdemeanor for the owner of any animal to allow it to go without proper care and attention, which appears to include willfully abandoning it anywhere.
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If+a+household's+income+tax+increases+by+80%+when+the+household's+income+increases+by+100%,+then+the+tax+system+is:________
If a household's income tax increases by 80% when the household's income increases by 100%, then the tax system is progressive.
Profits is the consumption and saving opportunity received via an entity inside a detailed time-frame, which is usually expressed in monetary terms. profits is difficult to outline conceptually and the definition can be one of a kind throughout fields.
The term “income” generally refers to the amount of cash, property, and other transfers of price acquired over a fixed time frame in alternate for services or products. there's no unmarried, trendy definition: earnings is described in line with the context in which the concept is used.
The definition of profits is the amount of cash obtained by using a person, group or enterprise in the course of a certain time period.
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as the ceo of a conglomerate, sarah cane exhibited her strong commitment toward the company’s core value that customers’ well-being is more important than profit when she convinced the board of directors to liquidate the company’s pesticide subsidiary.
Sarah has demonstrated Strategic leadership
What is strategic leadership?
Strategic leadership is a process in which executives create a vision for their firm that helps it to adapt to or remain competitive in a changing economic and technical context utilizing various management styles. To inspire staff members and departments and to develop a feeling of unity and purpose among them, strategic leaders can use this vision to bring about change inside their business.
The basic goals of strategic leadership are to improve strategic productivity, foster innovation, and foster a work environment where employees are motivated to be independent, creative, and forward-thinking. Reward or incentive programs are occasionally used by strategic leaders to motivate staff members and assist them in achieving their objectives.
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When is the proper time to plan for events not happening in accordance with the project plan or expectations?
The proper time to plan for events not happening in accordance with the project plan or expectations contingency planning should occur throughout the project life cycle.
Without giving yourself sufficient time, you won't have time to think about all the information that moves into your occasion, so it is much much less likely that you'll be capable of making the right selections concerning your alternatives inside the first area. here are a few insider guidelines for making plans for a great event in four weeks or less. a detailed assignment listing and normal finances are essential objects to get the celebration-making plans started out.
Things like length ability to place lights and fees are all crucial considerations to consider. if you have already chosen your venue, you can create duties to make sure the whole lot of venue related is sorted previous to the occasion. A hit event seems attractive and organized. begin with a subject or concept and beautify, therefore. A clear layout and going with the flow also are critical. you may need to consist of signage that ties in with the topic of the event and additionally lets visitors recognize precisely where things.
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with its designs, modern shed seeks to use limited space efficiently and effectively. into which of the following parts of an open system does this mission fall?
With its designs, the modern shed seeks to use limited space efficiently and effectively. This mission falls into the task part of an open system
This is further explained below.
What is an open system?Generally, The contemporary storage shed makes the most of the space it has available by using its designs in an effective and efficient manner. This is included in the duties section of an open system.
In conclusion, The contemporary shed makes the most of the area it has available by using designs that maximize efficiency and effectiveness. This work is a component of an open system and thus comes within its purview.
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In the context of information technology in workplaces, which allows adding new tasks to employees' responsibilities?
In the context of information technology in workplaces, Job upgrading allows adding new tasks to employees' responsibilities
This is further explained below.
What is Job upgrading?Generally, The practice of giving employees at one level more specialized training in order to make it feasible for them to advance to a higher level of employment is referred to as "upgrading a job." In this context, "upgrading a job" refers to the procedure.
The systematic application of knowledge leads to the development of technologies, which are then put to use to carry out a variety of activities.
In conclusion, They are used extensively in a variety of domains, including the medical profession, research, and industry, as well as communication, transportation, and other aspects of day-to-day life.
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A single taxpayer, operates a business that produces of income before any amounts are paid to her. she has no dependents and no other income. she has itemized deductions of:________
She has itemized deductions of Taxable income. An itemized deduction is a cost that can be deducted from your adjusted gross income (AGI) to lower your taxable income and, as a result, the amount of taxes you owe. Such deductions allow taxpayers who qualify to pay less tax than if they had taken the standard deduction.
Which is a fixed cash amount that fluctuates depending on filing status. Mortgage interest, charity gifts, and unreimbursed medical expenses are all allowable itemized deductions that may be subject to limits. An itemized deduction is a tax deduction that can be deducted from your adjusted gross income (AGI) to lower your taxable burden.
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when evaluating and selecting alternatives, negotiators may explore different ways to logroll, which could include all of the following except
When people decide to pool their individual efforts into a cooperative effort, this is known as a shared goal. While evaluating and selecting solutions, negotiators may explore a variety of logrolling techniques, which may include everything except attempting to characterize the problem.
What is Logrolling negotiation?
The act of trading during a negotiation on a variety of subjects is known as logrolling. Understanding one's own priorities as well as those of the opposing side is necessary for logrolling. If one side values something more than the other, they should be provided it in exchange for reciprocity on matters that are more important to their adversary. Although logrolling may seem straightforward, it can be challenging to use in negotiations if both sides have self-serving objectives and give little consideration to the effects of the other side. Under these circumstances, stereotyping, social projection, and ineffective agreements are likely.To know more about Logrolling negotiation visit:
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which of the following mawhich of the following are benefits of an internship? select all that apply.ight be part of a job description for an entry-level project manager role?
According to the job requirements for entry-level project manager jobs, our north core branch needs a new junior project manager who can channel drive and inspiration.
What exactly do you mean by project management?Project management is the application of processes, techniques, skills, knowledge, and experience to achieve specific project goals in accordance with predefined parameters.
Final deliverables in project management are constrained by time and budget. In other words, project management's mission is to efficiently organize and supervise a project such that its stated goals and deliverables are met.
It involves identifying and reducing risks, allocating resources wisely, creating smart budgets, and fostering open dialogue among diverse teams and stakeholders.
Projects may involve the launch of a new service, a marketing campaign, or the development of a new product. A project needs to be handled even for a wedding.
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What is the underlying problem in case from the perspective of the federal government, the parents, and the prospective college students.
The federal government's viewpoint
Since the government has placed too much importance on education, there is a perception that students should strive to be the greatest at all costs, even if it means compromising their integrity. Additionally, the government has put students and parents under a lot of pressure about college admissions.
Many parents are adamant that their children can only succeed in life if they graduate from a prestigious university. This is untrue, as research demonstrates that there is no conclusive connection between an individual's undergraduate degree-granting institution and their later successes. Due to their mistaken beliefs, parents have engaged in fraud, such as fabricating an athletic resume for a child in order to gain admission.The prospective students for colleges. The pupils' lack of knowledge about their surroundings and future is evident from the observation that some of them, particularly those who worked hard but were kicked out by those with more money to spare, had no notion. One should be informed about their future and other matters as a student.To know more about Perspective college visit:
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Uber joined forces with toyota, with the japanese automaker agreeing to invest in uber and to explore how the two companies might do ridesharing collaboration. Which method of international expansion does this specific relationship represent?.
The method of Joint venture is the method that the international expansion of these businesses represent.
What is meant by a joint venture?The term joint venture can be defined as the coming together of two separate entities in order to develop or go into a particular business. It is the ability to seek for the development of a particular enterprise by two entities.
These two would have to share the risks and the profits of the business. Hence we would say that The method of Joint venture is the method that the international expansion of these businesses represent.
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Which type of value takes into consideration an individual's equity and income tax implications?
The worth of a property as an investment is the amount an investor would pay to buy it. It refers to the exact value of an asset as defined by a set of standards. It represents an individual's assessment of the asset's fair market value.
What is investor ?An investor is a person who invests money in a particular account, business initiative, or other opportunity with the hope of making money from it. The two main categories of investors are institutional and retail, and they frequently come from a variety of professional backgrounds.
You are a loan investor, not an owner. If you buy stock in a company, you have invested in ownership. The return you receive will be less your proportionate share of the business' profits. The initial investment amount and the enterprise value as a whole will remain connected.
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The major work processes within these organizations are designed to _______ the acquisition and ________ of projects.
These organizations' main work procedures are built to facilitate the procurement and implementation of those projects. Similar to this, there are companies that specialize in instructional design and have the specialized skills to create effective and efficient instruction for their clients.
Companies that specialize in instructional design plan, create, and develop educational experiences to maximize learner success. These businesses make sure that students have all the resources and materials necessary to effectively comprehend a learning objective.
A case study is a useful example of instructional design that can be used to foster and enhance a learner's capacity for problem-solving. Learners get to work in groups or alone to solve these cases, which use open-ended situations or scenario-type cases with multiple solutions.
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nerida kyle could either commute to work via uber or purchase a new car. the average cost of her one-way uber trip is $15. nerida works five days a week for 50 weeks a year. based solely on avoiding the cost of an uber, nerida should purchase a car if the cost of the car is than per week.
Nerada kyle could either commute to work via uber or purchase a new car. the average cost of her one-way uber trip is $15. Nerada works five days a week for 50 weeks a year. based solely on avoiding the cost of an uber, Nerada should purchase a car if the cost of the car is than per week.
less; $150
-she takes the car BOTH ways. so it's $30 per day times 5 days a week = $150
A purchasing system is a procedure for buying goods and services that includes everything from making a request and placing an order to receiving the goods and making payments. Purchasing systems are essential to efficient inventory management because they keep track of current inventory and assist businesses in deciding what to buy, how much to buy, and when to buy it. Economic order quantity models may form the foundation of procurement systems. Systems for buying make the buying process more effective and lower supplier costs for businesses. Computerized purchasing systems can save administrative expenses for businesses, speed up the buying process, and lessen human error, all of which help to eliminate shortages. By immediately producing expenditure reports, they can also make order tracking simpler and purchasing budget management simpler.
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In a limited partnership, a single _____ runs the business and is responsible for all of the business liabilities.
In a limited partnership, a single general partner runs the business and is responsible for all of the business liabilities.
In which type of partnership the responsibility of the partner is limited?
In a limited partnership, there's at slightest one common partner who is dependable for the management of the business.
A limited partnership (LP) could be a sort of association organization that limits the individual liability of a few partners. In common associations, each accomplice remains liable for the debts and commitments of the partnership.
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When sbc builds its bicycles, frames, gears, and other similar components are examples of _____ costs.
While sbc builds its , bicycles frames, gears, and other similar additives are examples of fixed expenses.
Bicycles are extensively used for transportation, recreation, and recreation (see cycling). throughout the arena, bicycles are crucial to shifting human beings and items in regions wherein there are few automobiles.
A two-wheeled automobile which you pedal is an instance of a bicycle. A bicycle is defined as to ride a two-wheeled automobile which you propel forward by using pedaling together with your ft. whilst you journey a two-wheeled car (also referred to as a bicycle), this is an instance of a time whilst you bicycle.
By way of now not the usage of any fuel, motorcycles don't release dangerous emissions that pollute the atmosphere, nor any carbon dioxide that contributes to weather trade. simply moderate increases in bicycle use every yr may want to shop an envisioned 6 to 14 million tons of CO2.
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which ratio measures the number of dollars of operating earnings available to meet each dollar of interest obligations on the firm's debt?
Fixed charge coverage ratio measures the number of dollars of operating earnings available to meet each dollar of interest obligations on the firm's debt.
What is fixed coverage ratio?Fixed charge coverage ratio or FCCR measures the firms ability to understand the fixed charges that includes interest expenses, equipment lease expenses and debt payments. It shows the performance of a company in its earnings and the ability to cover the fixed expenses.Banks look at the Fixed charge coverage ratio to evaluate whether to lend money for business.Rents, debt payments and utilities are also covered in the fixed charges under FCCR.In nutshell Fixed charge coverage ratio helps to assess the company's overall credit worthiness.To learn more about Fixed charge coverage ratio, refer
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