All categories

3 years ago

1. What was Karl Marx’s basic premise and belief?

1 answer:

7 0

Karl Marx's basic belief was that the working class will start revolution in the most developed capitalistic countries. One of the basic premises of his thinking was maybe expressed in the first sentence of his The Communist Manifesto: "The history of all hitherto existing society is the history of class struggles." He claimed that human societies progress through class struggle: <span>a conflict between an ownership class that controls production and a dispossessed laboring class that provides the labor for production.</span>

You might be interested in

Rylan Industries is expected to pay a dividend of $5.70 year for the next four years. If the current price of Rylan stock is $31

PilotLPTM [1.2K]

Answer: Rylan's stock would sell for $21.96 at the end of the four years

Explanation:

PV = Current Price = $31.27

D = Dividend paid each year =$5.70

r = Equity cost of capital = 12%

FV = Price of Rylan's stock at the end of four years = ??

N = Number of years = 4

PV = D $[\frac{1 - \frac{1}{(1+r)^{N} } }{r} ]$ + $\frac{FV}{(1+r)^{4} }$

31.27 = 5.70 $[\frac{1 - \frac{1}{(1+0.12)^{4} } }{0.12} ]$ + $\frac{FV}{(1+0.12)^{4} }$

Solve for FV,

FV = $21.96

Rylan's stock would sell for $21.96 at the end of the four years

8 0

3 years ago

Make a list of profession and identify their levels

schepotkina [342]

Answer:

Healthcare and medicine.
Arts and entertainment
Business.
Industrial and manufacturing.
Law enforcement and armed forces.
Science and technology.

7 0

2 years ago

Read 2 more answers

The Mighty Music Company produces and sells a desktop speaker for $100. The company has the capacity to produce 50,000 speakers

castortr0y [4]

Answer:

$75

Explanation:

Calculation to determine what selling price will the company be indifferent between accepting and rejecting the special order

Using this formula

Selling price between accepting and rejecting the special order= ( Additional cost ÷ Units sold number) + Unit level Cost

Let plug in the formula

Selling price between accepting and rejecting the special order= ( $15,000 ÷ 500 ) + $45

Selling price between accepting and rejecting the special order= $30 + $45

Selling price between accepting and rejecting the special order= $75

Therefore The selling price that the company will be indifferent between accepting and rejecting the special order is $75

8 0

3 years ago

A father wants to save for his eight?year?old son�s college expenses. The son will enter college 10 years from now. An annual am

Ganezh [65]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The son will enter college 10 years from now. An annual amount of $40,000 in constant dollars will be required to support the son's college expenses for four years.

The future general inflation rate is estimated to be 6% per year, and the market interest rate on the savings account will average 8% compounded annually

A) We need to find the present value for each 40,000-year expense.

Formula= FV/(1+i)^n

1: PV= 40,000/(1.06)^10= 22,335.80

2: PV= 40,000/(1.06)^11= 21,071.50

3: PV= 19,878.77

4: PV= 18,753.56

B) Total final value= 160,000

PV= 160,000/1.06^10= $89,343.16

C) We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (160,000*0.06)/[(1.06^10)-1]= $12,138

5 0

3 years ago

Jonathan is applying for a new credit card. His credit rating is average. Which APR should he expect after the introductory peri

Nadusha1986 [10]

Answer:

10.99

Explanation:

8 0

3 years ago