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1 year ago

A substitute is a good that is _ another good, and a complement is a good that is _ another good.

1 answer:

3 0

Similar products that a client may employ for the same purpose are substitute goods. If the product they prefer is offered, your customers might buy it, but they might also look at alternatives if the price, the product's availability, or its quality changes. The demand for an item is frequently affected by these changes as well.

Two or more products that can be created using the same resources are considered substitutes-in-production. Sellers are prevented from using resources to make another good when they produce one. Produce either the first or the second, but not both. Producing alternative crops like corn or soybeans is a common challenge for farmers.

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Beckham Broadcasting Company (BBC) has operating income (EBIT) of $2,500,000. The company's depreciation expense is $500,000 and

Bad White [126]

Answer:

BBC's free cash flow is $1,000,000.

Explanation:

Free cash flow is the cash a company generates from its business activities after deducting the cash flows from operations and capital assets. The free cash flow is given by the formula below:

= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Net investment

The parameters are available in the question, what needs to be done is to input those numbers as follows:

Free cash flow = $2,500,000 x (1 - 40%) + $500,000 - $1,000,000

Applying the basic BODMAS rule, you have

Free cash flow = $1,500,000 + $500,000 - $1,000,000

Therefore, BBC's free cash flow is $1,000,000.

5 0

3 years ago

A par value bond offers a coupon rate of 7 percent with semiannual interest payments. The effective annual rate provided by thes

lilavasa [31]

Answer:

The correct answer is A

Explanation:

Computing the effective interest rate per payment period for the payment schedule which is semi- annual interest:

The formula to compute the effective interest rate which is provided by the bonds is as:

Effective rate (semi- annually) = Nominal rate (r) / Compounded quarterly (m)

where

r is 7%

m is 2 (every 6 months)

Putting the values above:

= 7% / 2

= 3.5%

Therefore, 3.5% is the effective annual rate offered by these bonds.

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3 years ago

Firms and industries producing capital goods are affected most by the business cycle and the negative effects of a recession bec

tiny-mole [99]

Answer:

Decreases

Explanation:

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3 years ago

A code of ethics adopted by a company will most likely include all of the following EXCEPT

Tanya [424]

What are the options to choose from?

4 0

3 years ago

A segment has the following data:

ankoles [38]

Answer:

Net income will decrease by $400,000

Explanation:

Currently this business unit is generating a net loss of $150,000:

total revenue - variable expenses - fixed costs = $700,000 - $300,000 - $550,000 = -$150,000

if the unit is eliminated, then the revenue and variable expenses will be gone, but the fixed costs will be allocated to other business units. So instead of losing $150,000, the company will lose $550,000. The company's net income will decrease by $550,000 - $150,000 = $400,000

4 0

3 years ago

A substitute is a good that is _____ another good, and a complement is a good that is _____ another good.

A substitute is a good that is _ another good, and a complement is a good that is _ another good.