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3 years ago

Why would legislation most likely ask interest groups to help shape public policy?

1 answer:

6 0

Legislation would most likely ask interest groups to help shape public policy because the interest groups are knowledgeable about the specific issue.

Hope i helped :)

You might be interested in

A seller netted $55,000 at closing. if the seller paid costs of $1000 and an 8.5% commission, what was the sale price to the nea

Ulleksa [173]

Answer: The sale price to the nearest dollar was $61,202

We arrive at the answer as follows:

The term 'netted' refers to the seller's profits after deducting costs and commissions.

Hence we need to add back these amounts to arrive at the sale price.

Net Proceeds $55,000

Add: Costs $1,000

Total $56,000

The commission is 8.5%; however commissions are quoted as a percentage of sales price.

Expressed in other words, if the sale price was 100, commissions were 8.5. That would mean that the total above would be the equivalent of $100 - 8.5 = 91.5$

From this we can arrive at the sale price as follows:

$Sales Price = \frac{56000 * 100}{91.5}$

$Sales Price = 61,202$

6 0

4 years ago

_____ combine the inputs in the production of goods and services for what are intended to be profitable ventures.A. PrivateersB.

tigry1 [53]

Answer:

The correct answer is letter "E": Entrepreneurs.

Explanation:

Entrepreneurs are individuals with special sights for investments. They tend to look for new ways of doing typical activities and by innovation set a business plan for a potential good or service to be offered to the public or a specific market. They find ways to use factors of productions to achieve the venture's goal.

6 0

3 years ago

On January 2, 2018, Miller Properties paid $19 million for 1 million shares of Marlon Company’s 6 million outstanding common sha

Stels [109]

Answer:

Cost Method

Explanation:

1. When considering whether to account for its investment in Marlon under the equity method, Miller’s management should apply 'Cost Method' because 'equity accounting method' is should only be used when the company has a significant interest in Marlon which is assumed to be 20% of its shareholding.

2. If we assume the use of equity method then.

investment to be reported in its 2018:

A. Income statement : This will be a single line to show the 'share of associate's profit' which is derived by multiplying the percentage ownweship by the investee's profit amount: 16.67%* 12 = $2million

B. Balance sheet : This will show the carrying value of the investment under long term assets, after fixed assets before current assets. The value will be:

1. The purchase consideration of $19m

(+)

2. The share of associate's profit of $2m

(-)

3. The amount of dividends received of $6m

Therefore the carrying value of the investment in the balance sheet will be $15 million

C. Statement of cash flows: The statement of cashflows will only show the receipt of cash for the dividend of $6million from Marlon, in the 'investing activities' section, as an inflow.

4 0

3 years ago

Samuel is barely able to pay his bills on time. He lives paycheck to paycheck. He just barely manages to keep food on the table

Nikolay [14]

The answer is D as inflation usually consists of the rise of price in goods and services. The salary is not decreased, however it is worth less as everything rises in cost and his salary stays the same.
Hope that helps!

8 0

2 years ago

Winston Clinic is evaluating a project that costs $52, 125 and has expected net cash inflows of $12,000 per year for eight years

kvv77 [185]

Answer:

Payback period (years): 4.23 years

NPV: $6,685

IRR: 16%

MIRR: 14%

The project is financially acceptable because IRR and MIRR is greater than cost of capital

Explanation:

Payback period is calculating the number of year when cash inflow can cover cash outflow (regardless the present value of cash inflow).

As we can easily estimate, cash inflow in 5 year can cover the investment.

Then payback period = 4 years + 12000/52,125 = 4.23 years

We can use excel to calculate NPV, IRR, MIRR in the formula as below

Net present value of project: NPV=(discounting rate, cash outflow, cash inflow) = (12%, -52125,12000,12000......,12000) = $6,685

Internal rate of return: IRR= (cash outflow, cash inflow) = ( -52125,12000,12000,......,12000) = 16%

Modified internal rate of return: MIRR = (cash outflow, cash inflow, IRR, cost of capital) = (-52125,12000,12000......,12000,16%,12%) = 14%

Please see attachment for more details.

Download xlsx

5 0

3 years ago