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Alexxx [7]
2 years ago
9

To be considered a "free enterprise" economy, an economy must have free markets and what else?

Business
1 answer:
lapo4ka [179]2 years ago
7 0

Free markets and <u>Capitalism </u>(private ownership, voluntary exchange, etc)

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What is the expected rate of return on a bond that pays a coupon rate of 9% paid semi - annually, has a par value of $1,000, mat
spayn [35]

Answer:

b. 7.28%

Explanation:

This question is asking for the yield to maturity(YTM) of the bond. You can solve this using a financial calculator with the inputs below. Additionally, adjust the coupon payment(PMT) and time to maturity(N) to semiannual basis.

Time to maturity; N = 5*2 = 10

Face value; FV = 1000

Price of bond; PV = -1071

Semiannual coupon payment; PMT = (9%/2) *1000 = 45

then compute semiannual interest rate; CPT I/Y = 3.64%

Next, convert the semiannual rate to annual rate(YTM) = 3.64% *2

YTM = 7.28%

8 0
3 years ago
The school board is trying to evaluate a new math program introduced to second-graders in five elementary schools across the cou
Komok [63]

Answer:

a) The chart tell us that all the point are between the upper and lower control limits, so the process is under control.

b) Since the process under control, the number of defects are controled and we know with a 99.3 % of certainty the average of them, so the program is  effective.

Explanation:

In order to draw a C chart we should calculate the  average test errors and the control limits of the chart

The average test errors is = (52+27+35+44+55)/5= 42.6 = c

This will be the middle line in the chart.

Then, the Upper and lower control limits are:

LCL=  c-m *sqr(c) and UCL= c+ m *sqr(c)

In this case, since we are told to contain the 99,7% of random variation, this means that we are working with a 6 sigma.

So m will be 3 (3 sigma) for the upper limit control and 3 (3 sigma) for the lower limit control:

LCL= 42.6 -3*sqr(42,6) = 23.0

UCL= 42.6+3*sqr(42,6) = 62.2

(the graphic is attached)

As we can see, al the test error values are between the control limits, so the program is undercontrol

Download xlsx
6 0
3 years ago
Which is the simplest option that sole proprietors can use to post an advertisement about the sale of their small businesses?
Natalka [10]

Business Classifieds Section which has advertisements and announcements about local businesses.

4 0
3 years ago
Read 2 more answers
Bobby Darling is the only employee of Atlantic Records, Inc. During the first week of January, Darling earned $2,600.00 and had
devlian [24]

Answer:

$387.40

Explanation:

FICA Taxes ($2,600 x 7.65%)                              $198.90

State Unemployment Taxes                                $162.50

Federal Unemployment Tax                                 $26.00

Employer's payroll tax expense for the week  $387.40

Social Security and Medicare are combined called as FICA taxes and employer made the same contribution as of employee.

State and Federal Unemployment Tax is solely for employer only.

The rest are employee related taxes.

7 0
2 years ago
Prepare the journal entries to record the following transactions on Cullumber Company’s books using a perpetual inventory system
evablogger [386]

Answer: See explanation

Explanation:

Rhe journal entry will be recorded as:

a. March 2:

Debit: Accounts Receivable = 928800

Credit: Sales = 928800

Debit: Cost of Goods Sold = 511500

Credit: Merchandise Inventory = 511500

b. March 6:

Debit: Sales Returns and Allowances = 108400

Credit: Accounts Receivable = 108400

Debit: Merchandise Inventory = 60800

Credit: Cost of Goods Sold = 60800

c. March 12:

Debit: Cash = 803992

Debit: Sales discount = 820400 × 2% = 16408

Credit: Account receivable = 820400

4 0
3 years ago
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