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2 years ago

In a market economy why is private Ownership an important source of economic prosperity

Business

2 answers:

egoroff_w [7]2 years ago

8 0

Answer: Private companies are among the most significant drivers of economic growth.

Explanation:

Creating jobs, increasing trade activity, and increasing the flow of goods, providing services to the poor, and paying regular taxes to the public sector are just some of the benefits that the economic system has of private companies. Paying for their obligations to the state results in the proceeds of funds coming into health care, education, and other vital elements of the state system.

d1i1m1o1n [39]2 years ago

4 0

Answer:

D) It provides owners with a strong incentive to develop and use assets in ways that others value highly.

Explanation:

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Match each type of bond with its description. a. Secured Secured drop zone empty. b. Callable bonds Callable bonds drop zone emp

Dovator [93]

Answer:

a. Secured bonds - A secured bond is a bond that is issued with a collateral backing the loan.

b. Callable bonds - A bond that the issuer can call off, or pay off, at any time, not necessarily at maturity.

c. Convertible bonds - A bond that can be converted into equity (stocks). If the bondholder wishes, he can exchange his bond for ownership of stocks in the bond issuer firm.

d. Term bonds - A bond that has one single, specific maturity date.

e. Serial bonds - A bond that has several maturity dates.

6 0

2 years ago

If a 25 percent decrease in the price of sapphires causes a 15 percent decrease in the quantity of diamonds demanded, then the c

natta225 [31]

To solve for the cross-price elasticity of demand:
Take the quantity of the diamonds demanded and divide it by the decrease in the price of sapphires.
Cross-price elasticity of demand = 15/25
Cross-price elasticity of demand = 0.6

When you are solving for the cross-price elasticity of demand, you are seeing the response to the demand of a item when price changes for another good.

4 0

3 years ago

A company has 150 employees, each working 40 hours per week and earning $11 an hour. Although the company does not pay any healt

ohaa [14]

Answer:

Total salary expense in week 1 = $440 x 150 = $66,000

Total deductions due to taxes = $121.66 x 150 = $18,249

Actual direct deposit of payroll in week is $66,000 minus $18,249 = $47,751

Explanation:

Number of employees = 150

Hourly wage = $11

Weekly hours worked = 40 hours

Weekly wage = 40 x 11 = $440 per employee

Taxes deduction:

Federal - 15% of gross earnings = $66

State - 5% of gross earnings = $22

FICA - 7.65% of first #128,400 = $33.66

Total deductions = $121.66

Net Earnings = $318.34

5 0

3 years ago

Read 2 more answers

Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials

tatuchka [14]

Answer: $3.10

Explanation:

The actual price per pound of direct materials purchased in June will be calculated as follows:

Let the actual price be represented by x.

Material price variance is calculated as:

= (standard price-actual price) × actual quantity

-2000 = (3 × 20000) - 20000x

-2000 = 60000 - 20000x

20000x = 60000 + 2000

20000x = 62000

x = 62000/20000

x = 3.1

Therefore, the actual price per pound of direct material bought in June is $3.10

4 0

3 years ago

Companies can use free cash flow to: Select one:

stellarik [79]

Answer:

d.All of the above.

Explanation:

Free cash flow is the amount of cash that is available for management to use in any way they want (at their discretion), after all essential payments have been made.

Essential payment may include taxation payment and other operational expenditure.

Keeping in view the above discussion, it can be assumed that the free cash flow can be used to pay additional dividends, acquire more property, plant and equipment and pay off debts.

Therefore the answer is d.All of the above.

4 0

3 years ago