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What are some economic choices the UK has to take and the opportunity cost affected by those choices?
Dear Sir/Madam, sorry but I didn't get how the system works. I would like to send first an e-mail to the tutor to arrange date and time. When everything is planned then I will pay.From what I understand from the website, first I have to pay and then what happens? I am a parent and I am organising this under my name and e-mail. Thanks.
Can anyone explain the outcome of the classic prisonner's dilemma Game Theory matrix? i don't really understand the game!
Explain the "Law of diminishing marginal utility" and its relationship to thederivation of an individual demand schedule and curve
Golf Mart is a retail sports store carrying golf apparel and equipment. The store is at the end of its second year of operation and is struggling. A major problem is that its cost of inventory has continually increased in the past two years. In the first year of operations, the store assigned inventory costs using LIFO. A loan agreement the store has with its bank, its prime source of financing, requires the store to maintain a certain profit margin and current ratio. The store’s owner is currently looking over Golf Mart’s preliminary financial statements for its second year. The numbers are not favorable. The only way the store can meet the required financial ratios agreed on with the bank is to change from LIFO to FIFO. The store originally decided on LIFO because of its tax advantages. The owner recalculates ending inventory using FIFO and submits those numbers and statements to the loan officer at the bank for the required bank review. The owner thankfully reflects on the available latitude in choosing the inventory costing method.
How does Golf Mart’s use of FIFO improve its net profit margin and current ratio? Is the action by Golf Mart’s owner ethical? Explain.
Shares in smartphone maker Blackberry have dived after it reported an $84m (£55m) loss for the three months to 1 June.
The figure was better than the $518m loss for the same period last year, but much worse than analysts' forecasts.
Shipments of new smartphones increased, but Blackberry, which used to be called Research In Motion, did not release how many new handsets running the BB10 operating system were sold in the quarter.