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solniwko [45]
3 years ago
12

In 1-2 sentences, explain why scarcity exists.

Business
1 answer:
prohojiy [21]3 years ago
3 0
Scarcity refers to a state of being in short supply.

Scarcity exists because distribution of resources is unequal. Majority of the people tend to get more than they need in preparation for future uses. They did not take into consideration that other people also need the items they have stocked up on. This results to unequal distribution of resources. Those who had first access to the goods have more than they need while those who came last have goods that is not enough to sustain their needs. They are the ones experiencing scarcity.

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Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery ba
koban [17]

Answer:

d. 5.14%.

Explanation:

Calculation to determine the best estimate of the after-tax cost of debt.

First step

Based on the information given we would make use of rate formula in excel.

=rate(nper,pmt,-pv,fv)

Where,

nper= coupon every six months for 20 years = 40 coupon payments

Pmt =$1000*7.25%*6/12=$36.25

Pv = $875

Fv =$1000

Let plug in the formula

=rate(40,36.25,-875,1000)=4.28% semiannually

=4.28% *2=8.56% annually

Now let calculate the after tax cost of debt using this formula

After tax cost of debt=8.56%*(1-t)

Where,

t represent tax rate of 40%

Let plug in the formula

After tax cost of debt=8.56%*(1-0.4)

After tax cost of debt=5.14%

Therefore the best estimate of the after-tax cost of debt is 5.14%

8 0
3 years ago
What is the main commodity on the JEB - property/ shares/ gold/ oil ?
lyudmila [28]
<span>Gold is the main commodity on the JEB. Right now gold is trading around the $1250 level.</span>
6 0
3 years ago
Cracker Company had 2 million shares of common stock outstanding all through 2017. On April 1, 2018, an additional 100,000 share
JulsSmile [24]

Answer:

a. $ 2.41 $ 2.00

Explanation:

Earning per share is the ratio of net Income of the business per outstanding share of the business after deducting the preferred dividend from net earning. It shows how much each stockholder earn against their each share in a specific period.

Earning Per share = Net Income / Outstanding numbers of shares

2017

EPS = $8,000,000/(2,000,000 x 2) = $2.00

As new stock is issued and stock split is declared so, outstanding numbers of shares are changed.

2018

EPS = $10,000,000 / [ ( 2,000,000 x 2 ) + ( 100,000 x 9 / 12 x 2 ) ] = $2.41

8 0
3 years ago
Select the examples of Energy workplaces. mines, power plants, refineries, schools, trains, warehouses, stores, offices.
VashaNatasha [74]

Answer: Mines, Power Plants, Refineries, Office

Explanation: I just took the assignment good luck!

3 0
3 years ago
Read 2 more answers
Carver Lumber sells lumber and general building supplies to building contractors in a medium-sized town in Montana. Data regardi
german

Answer:

$55,300

Explanation:

Calculation to determine what The net income for December would be:

NET INCOME FOR DECEMBER

Revenue $327,000

Less cost of goods sold ($228,900)

(70%*$327,000)

Gross profit $98,100

($327,000-$228,900)

Less Depreciation ($17,400)

Less Operating expenses ($25,400)

Net Income $55,300

Therefore The net income for December would be:55,300

3 0
3 years ago
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