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Arturiano [62]
3 years ago
5

In a society with a market economy, property rights are generally enforced by

Business
1 answer:
N76 [4]3 years ago
5 0

Answer:

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Explanation:

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What are the three methods of calculating balance charges on credit cards?.
Rama09 [41]

The three methods of calculating balance charges on credit cards are:

  • previous balance method.
  • average daily balance method (excluding and including newly billed purchases.
  • adjusted balance method.

<h3>How can we calculate a credit card balance ?</h3>

Calculation of the credit balance can be done generally by dividing  the  average daily balance totals by the total number of days in the billing cycle.

Then the result is then  multiplied by the monthly interest  rate, however all the listed method can as well be used.

Learn more aboutcredit cards at:

brainly.com/question/6872962

#SPJ1

5 0
2 years ago
On January 1, 2019, Upward Company purchased a copy machine. The machine costs $320,000, its estimated useful life is 8 years, a
qwelly [4]

Answer:

$60,000

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2 / 8 = 0.25

Depreciation expense in 2019 = 0.25 x $320,000 = $80,000

Book value at the beginning of 2020 = $320,000 - $80,000 = $240,000

Depreciation expense in 2020 = 0.25 x $240,000 = $60,000

I hope my answer helps you

6 0
3 years ago
g Firm X is a monopolist with marginal cost of $5/unit. When maximizing profit, Firm X charges a price of $24/unit. What elastic
Yanka [14]

Answer:

Firm X is facing low elasticity of demand at its current level of output.

Explanation:

This is why Firm X is able to set such a high price of $24/unit when its marginal cost is $5/unit.  Usually, a monopolist does not want to set prices and outputs in the inelastic range of the demand curve.  It is always interested in setting profit-maximizing prices and outputs.  Firm X should be wary of setting too high prices because consumers can decide to lower their demand.

7 0
3 years ago
What types of government policies might help to improve the unemployment situation for these would be job seekers?
nikklg [1K]

Answer:

Following are the suggestions to solve unemployment problem:

(i) Change in industrial technique:

(ii) Policy regarding seasonal unemployment:

(iii) Change in education system:

(iv) Expansion of Employment exchanges:

(v) More assistance to self employed people:

(vi) Full and more productive employment

Explanation:

3 0
2 years ago
Read 2 more answers
What happens if the amount of Bad Debt Expense is overstated at year end? A : Net income will be overstated. B : Allowance for D
Yuri [45]

Answer:

D. Net Accounts Receivable will be understated

Explanation:

5 0
3 years ago
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