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3 years ago

The principle of mercantilism views trade as a(n) _____ game. advantage zero-sum negative-sum positive-sum

1 answer:

4 0

The principle of mercantilism views trade as a zero-sum game.

Mercantilism, an economic theory, is believing in the benefits of profitable trading.

Zero-sum is describing a trade where one side of the trade benefits, but the other does not.

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Tom's Textiles shipped the wrong material to a customer, who refused to accept the order. This is an example of a:-Sales revenue

Angelina_Jolie [31]

Answer:

Sales return

Explanation:

Sales return when a customer is not satisfied with a product, refuses to accept the order and expects to receive back the whole amount of money he paid for it.

Tom's Textiles are at wrong here as they shipped the wrong material to a customer. The customer is allowed not to accept the order and all the money he paid must be reimbursed to him. The company should apologize for the mistake in a pleasant manner, as mistakes happen everyday and can be corrected quickly and efficiently.

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3 years ago

The advertising industry was worth how much money in 1920

mars1129 [50]

Answer:

nearly 3 billon

Explanation:

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3 years ago

Read 2 more answers

EBIT Sensitivity Stewart Industries sells its finished product for $ 8.69 per unit. Its fixed operating costs are $ 20,500, and

BartSMP [9]

Answer:

(23-16.97)*x=18630

6.03x=18630

x=3089.55

so they need to sell at least 3090 units

Explanation:

4 0

3 years ago

CMS Corporation's balance sheet as of today is as follows: Long-term debt (bonds, at par) $10,000,000 Preferred stock 2,000,000

Dovator [93]

Answer:

$5,412,000

Explanation:

Given:

Long-term debt (bonds, at par):$10,000,000

Preferred stock :2,000,000

Common stock ($10 par): 10,000,000

Retained earnings: 4,000,000

Total debt and equity :$26,000,000

Coupon rate = 4%(semi annually)

Par value = $1000

YTM = 12%

Required:

Find the current market value of the firm's debt.

Find the bond price:

Bond price $= (C * (\frac{1 - (\frac{1}{(1+i)^n})}{i}) + (\frac{m}{(1+i)^n})$

$= (C * (\frac{1 - (\frac{1}{(1+0.06)^2^0})}{0.06}) + (\frac{1000}{(1+0.06)^2^0})$

$= 541.20$

Bond price = $541.20

Find number of bonds:

Number of bonds $= \frac{10,000,000}{1,000} = 10,000$

Now, to find the current market value of the firm's debt, use:

Current market value of debt = number of bonds × bond price

= 10,000 × 541.20

= $5,412,000

Current market value of the firm's debt = $5,412,000

7 0

3 years ago

Which statement is descriptive of the long run rather than the short run?

Genrish500 [490]

Answer:

A firm is deciding how much of its equipment to sell so that it can reduce its monthly loan payments for equipment.

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3 years ago