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Ksju [112]
2 years ago
6

Economic systems differ from one another based on who owns the factors of production and.

Business
1 answer:
Aliun [14]2 years ago
5 0

Economic systems differ from one another based on who owns the factors of production and. <u>Who make decisions regarding what to produce and how it is produced</u>

<u />

<h3>What is Economic systems?</h3>

An economic system is a mechanism by which societies or governments manage and distribute public resources, services, and goods across a geographic region or nation. Economic systems control the factors of display, including land, capital, labor, and material resources.

<h3>What is represented by economic system?</h3>

An economic system is a means with the help of which the government plans and issues accessible services, resources, and things across the country. Economic systems manage aspects of production, combining wealth, labour, physical resources, and industry people.

To learn more about economic system, refer

brainly.com/question/26360576

#SPJ4

Complete Question is,

A. How much resources are available in the economy and where they are located

B. Who make decisions regarding what to produce and how it is produced

C. What kinds of products are produced in the economy and how plentiful they are

D. How big the population is, and the makeup of the population

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Blossom Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at co
Lemur [1.5K]

Answer:

$ 937,885

Explanation:

Particulars Cost $ Retail $

Beginning inventory$380,500 $581,000

Gross Purchases$3,148,000 $4,933,600

freight in $ 146,500 $ -

Net Markups $ - $401,000

Goods available for sale$3,675,000 $5,915,600

Cost-to-Retail percentage ( $3,675,000 / $5,915,600) 62.128%

Less:

Gross Sales $- $ (4,406,000)

Estimated ending inventory at retail $1,509,600

Estimated ending inventory at cost($ 1,509,600 * 62.128 %) $ 937,885

Therefore the ending inventory cost at value is $ 937,885

5 0
3 years ago
Turnbull Co. has a target capital structure of 58% debt, 6% preferred stock, and 36% common equality. It has a before-tax cost o
ioda

Answer:

Raising the Funds through Retained Earnings

WACC = Ke(E/V) + Kp(P/V) + Kd(D/v)(1-T)

WACC = 14.7(0.36) + 12.2(0.06) + 11.1(0.58)(1-0.40)

WACC = 5.292 + 0.732 + 3.8628

WACC = 9.89%

Raising New Equity

WACC = Ke(E/V) + Kp(P/V) + Kd(D/v)(1-T)

WACC = 16.8(0.36) + 12.2(0.06) + 11.1(0.58)(1-0.40)

WACC = 6.048 + 0.732 + 3.8628

WACC = 10.64%

Difference in WACC = 10.64% - 9.89%

                                  = 0.75%

Explanation:

WACC equals cost of equity multiplied by proportion of equity in the capital structure plus cost of preferred stock multiplied by proportion of preferred stock in the capital structure plus after-tax cost of debt multiplied by proportion of debt in the capital structure.

In this case, there is need to calculate WACC if funds were raised through retained earnings and WACC if funds were raised through new common stock. Then, we will determine the difference in WACC.

5 0
3 years ago
Protein folding is often described as a highly cooperative process. this means that
Orlov [11]

Protein folding is often described as a highly cooperative process. This means that proteins tend to be folded or unfolded without the presence of partially folded states.
<span>Proteins help build hormones, enzymes and other body muscles. It is also the basic for blood, skin and bones etc. in human body.</span>

3 0
3 years ago
Jennifer's family always celebrates Christmas with decorated tree and stockings hung on the fireplace. These holiday decorations
Sliva [168]

Answer:

True

Explanation:

Cultural background is defined as the values and factors that shapes/moulds an individual's upbringing. The factors and values could be religious, ethnic, socio-economic, etc.

In the case of Jennifer's family, the celebratin of christmas involves decoration of trees as well as hanging of stockings on the fireplace. since Jennifer is accustomed to this, it has become a symbol of christmas celebration for her and her family through the years.

Cheers.

8 0
3 years ago
share an example from your life where you had to make a choice knowing that you are giving up opportunities for doing or gaining
4vir4ik [10]

Scarcity plays an important role in the decision making of giving up something in order to gain another. Giving up your higher studies in order to do a job

7 0
3 years ago
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