Introduction A firm invests a part of its permanent capital in fixed assets and keeps a part of it for working capital e., for meeting the day to day requirements. We will hardly find a firm which...
Inventory turnover is a ratio showing how many times a company's inventory is sold and replaced over a period of time.The formula is given below:-- Stock Turnover= If a company has a high ratio (anywhere...
What is mean by mariginal cost? What do you understand by micro economics? What do you mean by macro economics? What is supply? What is the basic difference in between supply and demand? what...
Economics: Economics in general is about making Choices in the presence of Scarciy. The two words, Choice and Scaricity are important here. Choice involve when there is excess availability and Scarcity...