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2 years ago

1.1.11 Advise SM on the negative impact of the socio economic issues identified in QUESTION 1.1.10 (6 )

1 answer:

8 0

A social-economic issue is simply a factor that can be classified as having a social and economic bearing or having an economic impact on members of society.

<h3>What are examples of Social Economic Factors?</h3>

Please note that the information on the question is incomplete hence the general answer.

Examples of social-economic factors are:

Employment
Safety
Income levels
Education etc.

One negative social-economic factor based on the above is unemployment. This is the condition wherein more and more people who are willing to work are unable to find gainful employment.

The negative impact of this on the economy is that if people are unwilling to buy household goods and pay for household services, soon those providing those services will be unable to operate their businesses.

This condition is what leads to a recession if not properly checked by the government. One way the government can decrease unemployment is by increasing the money supply.

Learn more about social-economic factors at:
brainly.com/question/359649

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A firm has a return on equity of 20 percent. The total asset turnover is 2.8 and the profit margin is 7 percent. The total equit

kondor19780726 [428]

The net income of the firm is $1,200

<h3>What is net income?</h3>

Net income refers to the amount an individual or business makes after deducting costs, allowances and taxes.

Net profit is also amount of money a business earns after deducting all operating, interest, and tax expenses over a given period of time.

First, we know that:

Return on equity

= Net income / Total equity

Fixing the given values, we'll have

20% = Net income / $6,000

Net income = $6,000 * 20%

Net income = $1,200

Therefore, net income of the firm is $1,200

Learn more about computation of net income here: brainly.com/question/24836146

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1.1.11 Advise SM on the negative impact of the socio economic issues identified in QUESTION 1.1.10 (6 )​

1.1.11 Advise SM on the negative impact of the socio economic issues identified in QUESTION 1.1.10 (6 )