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3 years ago

Consider the circular flow model to answer the questions that follow.

Business

1 answer:

Zarrin [17]3 years ago

6 0

Answer:

The answer is :

A. Resource market - income

B. Expenditure - product market.

Explanation:

A. Resource market - income

B. Expenditure - product market

The circular flow model shows how money moves through the economy in exchange for goods, services, and resources.

In circular flow of income, households provide inputs to firms through the resource market(matket where households supply land, labor, capital, and entrepreneurship) in exchange for money(income or wages).

Also in circular flow of income, firms receives expenditure from household and this type of market is called product market(which refers to a place where goods and services are bought and sold)

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Cost reduction is still the number one priority for many supply chain executives, according to the MHI and Deloitte survey. Sele

zhenek [66]

Answer:

MHI and Deloitte Survey

Cost Reduction #1 Priority

True

Explanation:

For supply chain companies to achieve their profit targets, they need to curtail costs. Consumers are not ready to absorb much costs as they are presented with low-priced alternatives. The competition for customers among supply chain organizations is very high. Everyone competes for the dollar the consumer is willing to spend on goods. With property and advertising costs skyrocketing, careful management of the cost structure is required.

7 0

3 years ago

Becoming more efficient and minimizing start-up costs are ways to

Naddika [18.5K]

The correct answer is d

5 0

3 years ago

The balance sheet shows the following accounts and amounts Inventory. $84,000, Long-term Debt 125.000; Common Stock $60,000; Acc

Brums [2.3K]

Answer:

b. $325,000

Explanation:

The current assets are the assets that are likely to be converted to cash within 12 months. These include cash, inventory, receivables, prepaid expenses etc.

Given;

Inventory = $84,000,

Long-term Debt = $125.000;

Common Stock $60,000;

Accounts Payable $44,000;

Cash $132,000,

Buildings and Equipment $390,000:

Short-term Debt $48.000:

Accounts Receivable $109,000,

Retained Earnings $204,000 Notes Payable $54.000:

Accumulated Depreciation $180.000

Total current asset = $84,000 + $132,000 + $109,000

= $325,000

5 0

3 years ago

James Perkins wants to have a million dollars at retirement, which is 15 years away. He already has $200,000 in an IRA earning 8

Lelu [443]

Solution :

Given :

James needs $ 1,000,000 after 15 years.

His IRA deposit is $ 200,000 and is earning at the rate of 8% per annum.

Maturity value of $200,000 after 15 years = $2000000 \times( 1.08)^{15}$

= $ 634,434.

Balance fund needed after 15 years = 1,000,000 - 634,434

= $ 365,566

Therefore, the future value of the annuity is :

$FV=A[\frac{(1+k)^n-1}{k}]$

Here, FV = future annuity value = 365,566

A = periodical investment

k = interest rate = 8%

n = period = 15 years

∴ $365566 = A\frac{[(1.08)^{15}-1]}{0.08}$

A = 13,464

Thus, James needs to save $ 13,464 each year end to reach his target.

4 0

3 years ago

Please help me anyone (picture attached)

sergey [27]

Answer:

Im not entirely sure, but i think

2. Should be D

3. Should be A

(i could be wrong but im about 90 percent sure those r right)

Explanation:

3 0

2 years ago