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Dafna1 [17]
3 years ago
6

Suppose you own a bicycle but haven't found the time to ride it much lately. These days, it is only worth $45 to you. One of you

r close friends, who recently got a job at the college bookstore two miles down the road, wants to take it off your hands. He offers you $70 for the bicycle, and you gladly accept. Your friend is also happy because he thinks the bicycle is worth $103 .
Business
1 answer:
ch4aika [34]3 years ago
3 0

Answer: The total value created from the trade is $58

Explanation: The value created by me is $25 as I sold for $70 a bicycle worth $45 to me. That is $70 - $45 = $25.

On the otherhand, my friend created a value/gain of $33. He bought the bicycle for $70 but the worth to him is $103. That is, $103 - $70 = $33

In essence, the total value created will be the summation of the value created by me and that of my friend

That is, $25 + $33 = $58

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Your text describes the macroenvironmental factors that operate in the external environment by which acronym?
zubka84 [21]

Answer:

The acronym is PESTEL

Explanation:

P - Political factors affecting the economy e.g new government being elected.

E - Economic factors affecting the economy or the firm e.g changes in tax law.

S - Social factors affecting the economy e.g changes in population or consumers' belief.

T - Technological factors affecting the economy e.g new methods of producing goods or new methods of online banking

E - Environmental factors affecting the economy. e.g new pollution law

L - Legal factors affecting the economy e.g changes in labor law

5 0
3 years ago
Neo-mercantilists equate political power with economic power and economic power with:______a. corruption.b. a balance-of-trade s
butalik [34]

Answer: balance of trade surplus

Explanation:

Neomercantilism is a policy regime whereby export was encouraged while import was, discouraged. It also controls capital movement, and advocatee for currency decisions to be a government decision.

Neo-mercantilists equate political power with economic power and economic power with balance of trade surplus which is when the value of exports are more than that of imports.

7 0
3 years ago
A corporation issues 2,000 shares of common stock for $32,000. The stock has a stated value of $12 per share. The journal entry
Triss [41]

Answer:

d.$24,000

Explanation:

Given that

Issuance of common stock = $32,000

Number of shares = 2,000 shares

Stated value per share = $12 per share

By considering the above information

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= Number of shares × Stated value per share

= 2,000 shares × $12 per share

= $24,000

Hence, the correct option is d. $24,000

5 0
3 years ago
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qwelly [4]

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There is information about the company at the bottom of the page, which reveals about its multifaceted, simple and fast organizational structure, as written on the website, which reinforces the company's global values.

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3 years ago
Candy or cookies? i want to know
frozen [14]

Answer:

Candy

Explanation:

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