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pav-90 [236]
3 years ago
7

Chet Bowes owns his own landscaping business, including all the land on which the company grows its plants, and all the equipmen

t. Chet's son Josh has just graduated from college with an architectural landscaping degree. Chet hopes to retire in a few years and turn the business over to Josh, and Josh will inherit the business when Chet dies. This is an example of the ______________ in a capitalist system.
Business
1 answer:
aliya0001 [1]3 years ago
5 0

Answer:

Inheritance

Explanation:

The above question highlights example of inheritance. Whenever the ownership of business is transferred from one generation to another, it can be taken as an example of inheritance in a capitalist system.

The same has happened in the above question as well. Chet Bowes who owned his own lanscapped business has now transferred the ownership to his son Josh who has recently taken charge, now it is very much clear from the question neither Josh built the company on his own now was hired on the basis of his capabilities, the transfer happened on the basis of his relationship with the owner of the company. The question shows an example of inheritance.

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The Solar Calculator Company proposes to invest $5 million in a new calculator-making plant that will depreciate on a straight-l
Harrizon [31]

Answer:

The Break-even annual sales= $2,222,222.22

Explanation:

<em>The break-even sales is the amount of revenue that a business must generate that would equate its total costs to total revenue. At the break even sales, the contribution is exactly to total iced cost, and the business makes no profit or loss</em>

Contribution margin ratio = (20-5)/20=75%

Break-even (units) = Total general fixed cost /(selling price- variable cost)

                              = 5,000,000/75%

                            =  $6,666,666.67

The annual sales = $6,666,666.67/3 =   $2,222,222.22  

The Break-even annual sales= $2,222,222.22

8 0
3 years ago
What is the interest rate on a three-year investment with a future value of $1000 and a present value of $863.84?
Nimfa-mama [501]
Use
F=P(1+i)^n

Substituting 
F=1000, P=863.84, n=3
solve for i
1000=863.84^(1+i)^3
solving for i 
=> 
i=(\frac{1000}{863.84})^{\frac{1}{3}}-1
=0.0500

Answer: the annual interest rate is 5%
3 0
3 years ago
The most efficient way to share digital files within a home environment is to set up a(n ____ network.
Mariulka [41]
The most efficient way to share digital files within a home environment is to set up a(n) home network.
6 0
3 years ago
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Svetach [21]
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Arada [10]

Explanation:

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4 0
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