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4 years ago

Markets may have difficulty providing the proper quantity of a public good because____________.

Business

1 answer:

aniked [119]4 years ago

6 0

Answer:

individuals will be prone to become free riders, and private firms will face difficulty in generating enough revenue to produce further.

Explanation:

everyone wants to be a free rider. definitely , if markets provide proper quality public goods the free riders will increase and private firms will face difficulty in generating enough revenues to produce an efficient quantity of the goods to compete.

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Oakley Company does not ring up sales taxes separately on the cash register. Total receipts for February amounted to $32,100. If

Murrr4er [49]

Answer: $2100

Explanation:

From the question, we are informed that Oakley Company does not ring up sales taxes separately on the cash register and that the total receipts for February amounted to $32,100 and the sales tax rate is 7%.

The amount that must be remitted to the state for February's sales taxes will be:

= $32,100/(1+7%) × 7%

= $32100/(1 + 0.07) × 0.07

= $32100/1.07 × 0.07

= $2100

7 0

3 years ago

Corporation A receives a dividend from Corporation B. It includes the dividend in gross income for tax purposes but includes a p

zlopas [31]

Answer:

Option A. A owns less than 20 percent of the stock of Corporation B.

Explanation:

The reason is that the dividend is recognized as gross income for tax purposes which means the tax difference is zero, in the financial statement. When equity method is used where the shareholding is above 20%, there is a tax difference and when the shareholding is above 50%, the financial statements are consolidated. In this case, there is neither a tax difference and nor the financial statements are consolidated which mean the shareholding is below 20%.

6 0

3 years ago

Lorenzo and Lila own all of the Double L Corporation's stock. The stock of this corporation is not sold to the general public. L

ladessa [460]

Owners of the company.

<h3>What is a stock of a company?</h3>

A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.
Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.

<h3>What is an owner of a company?</h3>

A company's "owner" is a person who owns all of the shares.
In contrast, a "co-owner" shares ownership of a business with one or more partners.
The owner, who is frequently the company's founder, is free to run their business however they like.

Therefore, Lorenzo and Lila are owners of the Double L Corporation.

Know more about stocks here:

brainly.com/question/1957305

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6 0

2 years ago

Handy Home sells windows and doors in the ratio of 7:3 (windows:doors). The selling price of each window is $111 and of each doo

Dmitriy789 [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Handy Home sells windows and doors in the ratio of 7:3 (windows:doors).

Window:

Selling price= $111

Unitary variable cost= $68

Door:

Selling price= $261

Unitary variable cost= $180.5

Fixed costs are $515,375.

1) Selling price per composite unit:

Selling price= 0.7*111 + 0.3*261= $156

2) Composite variable cost:

Variable cost per unit= 0.7*68 + 0.3*180.5= 101.75

3) To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 515,375/ ( 156 - 101.75)

Break-even point in units= 9,500 units

4) Units for each product:

Windows= 0.7*9,500= 6,650

Door= 0.3*9,500= 2,850

6 0

3 years ago

A company has fixed costs of $270,000, a unit contribution margin of $14, and a contribution margin ratio of 55%. If the firm wa

zavuch27 [327]

Answer:

Company must make sales of $600,000.

Explanation:

Compute the contribution margin of the company:

Contribution margin=Pre−Tax Income+Fixed Cost

=$60,000+$270,000

=$330,000

Thus, the contribution margin is $330,000. It is computed by summing up the fixed cost and the pre-tax income of the company.

Compute the total sales of the company:

Contribution margin ratio= Contribution margin / Sales

55%= $330,000/ Sales

Sales= $55% / $330,000

=$600,000

The sales of the company are $600,000.

4 0

3 years ago