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3 years ago

True or false Historically, unions were considered to be conspiracies against businesses and were prosecuted in the courts.

1 answer:

8 0

That statement is true

union could greatly damage a business reputation and productivity. The competition's of a business could be the one that form the union and try to sabotage that business

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Bruno Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer

galben [10]

Answer:

10%

Yes

4.36 years

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator:

Cash flow in year 0 = $-430,300

Cash flow each year from year one to six = $98,800

IRR =10%

The project should be accepted because the IRR is equal to the required rate of return

Cash payback calculates how long it takes for the amount invested in a project to be recovered from the cumulative cash flow.

Cash payback = amount invested / cash flow =

$430,300 / $98,800 = 4.36 years

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

7 0

4 years ago

Firms, households, and governments use the credit market for borrowing. The credit demand curve shows the relationship

Pavel [41]

Answer:

C) a higher real interest rate reduces a borrowing firm's profit and hence its willingness to borrow.

Explanation:

Companies borrow money to leverage their projects, investments or regular business activities. When they borrow money, they do it to earn more money themselves, not just to make a bank or a bondholder earn money. Since the company must repay its loans, the profit it makes using the loans must offset the money it must pay back in interest.

E.g. I borrow $100 for my business and the bank charges me $7 in interest per year, so I must be able to use that money to increase my profit by more than $7 a year.

3 0

3 years ago

A basket of goods costs $200 in the base year and $210 just twelve months later. The price index in the second year is _________

Stells [14]

Answer:

105%.

Explanation:

Price index = (price of Market Basket of the year of interest / price of the Market Basket of the base year) × 100

Given,

Cost of basket of goods in base year = $200

Cost of basket of goods in year of interest = $210

Price index in year of interest (second year) = (210/200) × 100

= 105%

The price index in the second year is 105%.

5 0

4 years ago

You are considering buying a perpetuity contract from your insurance company that will pay you $500 annually where the payment w

miss Akunina [59]

Answer:

Maximum Amount Payable = $8333.33

Explanation:

Perpetual Annuity Payment = $500

Growth Rate = 3%

Discount Rate = 9%

Maximum Amount Payable = Present Value of Perpetual Annuity

Present Value of Perpetual Annuity = Perpetual Annuity Payment / (Discount rate - Growth rate)

Maximum Amount Payable = $500 / (0.09 - 0.03)

Maximum Amount Payable = $500 / 0.06

Maximum Amount Payable = $8333.33

3 0

3 years ago

Flint Company’s unadjusted trial balance at December 31, 2020, included the following accounts. Debit Credit Accounts receivable

sweet [91]

Answer:

Bad debt expense for 2020 is - $ 2,234

Explanation:

Adjustment to the Allowance for Doubtful Debts (Increase or Decrease) are recorded in the Income Statement as part of Bad Debts Expenses as follows;

<em>Increase in Allowance for Doubtful debts = Increases the Bad Debts Expense</em>

<em>Decrease in Allowance for Doubtful debts = Decreases the Bad Debts Expense</em>

During the Period Allowances for Doubtful Debts are calculated as :

Allowances for Doubtful Debts = $53,600 × 6%

= $ 3,216

Bad Debt Expense = $ 3,216-$5,450

= - $ 2,234

3 0

4 years ago