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3 years ago

Describe how the concept of competition to the economy

1 answer:

7 0

condition where different economic firms seek to obtain a share of a limited good by varying the elements of the marketing mix: price, product, promotion and place.

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Select the correct answer.

Brut [27]

Answer:

Explanation:

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3 years ago

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Mijka Company was started on January 1, 2018. During 2018, the company experienced the following three accounting events: (1) ea

lara [203]

Answer:

Explanation:

Income Statement

Revenue 32,800

Expenses (14,600)

Profit 18,200

Statement of changes in stockholders’ equity

Retained Earnings :

Profit for the year 18,200

Cash dividend paid (2,900 )

Retained earnings as at 31/12/18 15,300

Balance sheet

Current Asset :

Cash Balance ( 32,800-2900) 29,900

Stockholders' Equity :

Retained earnings 15,300

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4 years ago

if a recession caused millions of people to lose their jobs and millions more to fear unemployment, which of the following will

Shtirlitz [24]

Recession make goods more expensive and the increased prices would cause demand for all consumer goods to decrease

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4 years ago

2. A couple would like to take a cruise to Alaska, 15 months from now. They have $1500 in a savings account. The savings account

ivann1987 [24]

Answer:

a.- $ 3,529.82

b.- $ 3,512.11

c.- $ 132,77

Explanation:

In each case, we must calculate the value of their current savings and the additional investment.

The saving are the same for each scenario so let's calculate that first:

$Principal \: (1+ r)^{time} = Amount$

Principal 1,500.00

time 15 years

rate 0.01000

$1500 \: (1+ 0.01)^{15} = Amount$

Amount 1,741.45

Then we add the funds generated from the investment:

a.- 110 annuity due for 15 month:

$C \times \frac{(1+r)^{-time} -1}{rate}(1+r) = FV\\$

C $ 110

time 15 months

rate 0.01

$110 \times \frac{(1+0.01)^{15} -1 }{0.01} = FV\\$

FV $1,788.3651

We add the savings and get a total of: $ 3,529.82

b.- 110 ordinary annuity

$C \times \frac{(1+r)^{time} -1}{rate} = FV\\$

C $ 110

time 15 months

rate 0.01

$110 \times \frac{(1+0.01)^{15} -1}{0.01} = FV\\$

FV $1,770.6585

Plus, original savings of 1,741.45 = 3,512.11

c.-

If they need 3,900 then the fund must cover the difference between these and the savings future value:

3,900 - 1,741.45 = 2,158.55

Now we calculate the PMT, considering the payment are at the beginning:

$FV \div \frac{(1+r)^{time} -1 }{rate}(1+r) = C\\$

FV $ 2,158.55

time 15

rate 0.01

$2158.55 \div \frac{(1+0.01)^{15} -1}{0.01} (1+0.01) = C\\$

C $ 132.770

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4 years ago

Jared, a supervisor, is discussing an employee with Evan, a human resource manager. Jared explains that the employee’s performan

ryzh [129]

Answer:

Explanation:

Based on the scenario being described within the question it can be said that Evan should advise Jared to withhold the employee's raise, and if the employee does not respond, then her employment should be immediately terminated. This is because the employee is being paid to do certain tasks which she is capable of doing. Neglecting this responsibility must be met with an immediate termination of the employment.

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3 years ago

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