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3 years ago

How can you differentiate between various economic systems that exist

Business

1 answer:

liubo4ka [24]3 years ago

3 0

Answer:

An economic system is defined by the way scarce resources are distributed in an economy.

There are 4 types of major economic systems which are following;

A mixed economy is an economic system, like its name is a mix of elements of planned economies, free markets with intervention of the state and public enterprises.
A command economy is a system where the government is key decision maker of what goods and services will be produced and introduced by the economy.
A market economy is the one in which the investment, production and distribution are dictated by the forces of demand and supply.
A traditional economic system is a result of customs, history and cultural norms which include the rules and manner of their distribution as well.

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The Baldwin company will continue to train their existing workforce at their current level to help reduce turnover and improve p

Anarel [89]

Answer: $1,600

Explanation:

The training hours per employee can be calculated by multiplying the Employee Training hours by the cost of training per employee.

From the Attached document, the Baldwin company does 80 hours of training for employees.

The Training costs per Employee is;

= 80 * 20

= $1,600

6 0

3 years ago

A portfolio consists of three stocks. There are 540 shares of Stock A valued at $24.20 share, 310 shares of Stock B valued at $4

AVprozaik [17]

Answer: 12.47%

Explanation:

The value of each stock will be gotten by their unit multiplied by the price.

Value of Stock A = 540 × 24 2 = 13068

Value of stock B = 310 × 48.1 = 14911

Value of stock C = 200 × 26.5 = 5300

Total value of stock = 33279

Weight of stock A = 13068 / 33279 = 0.393

Weight of stock B = 14911 / 33279 = 0.448

Weight of stock C = 5300 / 33279 = 0.159

The expected return on this portfolio will then be:

= (0.393 × 8.3) + (0.448 × 16.4) + (0.159 × 11.7)

= 12.47%

8 0

3 years ago

Bunyan Heavy Equipment, a U.S. firm, is investigating expanding into Russia using a greenfield venture. The committee researchin

adoni [48]

Answer:

All of these are valid concerns and very relevant indeed, but the most problematic situation would be:

D) Russia's recent actions to gain state control of private firms' assets.

Explanation:

Russia is perceived as a very corrupt state, I don't live in Russia so I can't be 100% sure. Russian leaders are famous for being multi-billionaires that used to be communists, sounds weird.

The problem with Russia is that when their leaders want a private company they just take it away from its rightful owner and many times when the rightful owners complain they are sent to prison and beaten up to death. This may sound crazy but it happened several times including Russia's largest private company Yukos in 2003. Its owner whose last name is Jodorkovski was sent to prison for about 10 years, and its CFO was beaten to death while being held in a Siberian prison.

4 0

3 years ago

Marin Company’s general ledger indicates a cash balance of $22,340 as of September 30, 2021. Early in October Marin received a b

Lina20 [59]

Answer:

See below

Explanation:

With regards to the above, Marin's correct September 30, 2016 cash balance is computed below;

Balance as per cash book

$22,340

Add: Error in recording cash receipt

($550 - $500)

$50

Less: Bank service charge

($45)

Less: NSF check

($1,500)

Corrected cash book

$20,845

7 0

3 years ago

You are considering buying a company using leveraged buyout. The company is projected to have sales of 500 million each year in

worty [1.4K]

Answer:

Net income= $33 million

Explanation:

A leveraged buyout is a buyout of an entity by it's own managers/board members mostly through debt financing. Now the expected sales after the buyout is 500 million, we are asked to calculate net income only in the first year. First of all lets see what net income is. Net income is the remaining amount of income after having paid all the expenses which is mostly the residual income available for either distribution to shareholders or transfer to retained earnings.

The formula for net income is as follows:

Net income/profit= Sales revenue - COGS - Administrative expenses- depreciation and amortization - Interest expense - Tax

Let first calculate COGS & other administrative expense, depreciation and interest expenses first.

COGS & ADMIN: 500*0.6=300 m

Depreciation: 500*0.05 =25m

Interest expense for the year: 1500 * 0.08= 120m

Now lets substitute values in the formula mentioned above:

Income before taxes: 500m - 300m - 25m - 120m

Income before taxes: 55m

Income after taxes; 55m - 22m (taxes= 55*40%)

Net income= $33 million

4 0

4 years ago