1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stella [2.4K]
3 years ago
8

Which economic system emphasizes the private ownership of most factors of production

Business
1 answer:
denis-greek [22]3 years ago
4 0
It is known as the capitalism. Capitalism is a financial framework portrayed by private or corporate responsibility for merchandise, by ventures that are dictated by private choice, and by costs, generation, and the appropriation of products that are resolved primarily by rivalry in a free market.
You might be interested in
The portfolio with the lowest standard deviation for any risk premium is called the_______. A.efficient frontier portfolio B.CAL
Kryger [21]

Answer:

The right approach is Option C (global minimum variance portfolio).

Explanation:

  • A completely-invested portfolio with either a low uncertainty factor seems to be the GMV portfolio. This same GMV portfolio corresponds to or is situated mostly on the left end including its FI-efficient frontier.
  • Although aside from either the full-investment requirement, no restrictions are enforced, the GMV portfolio deals for analytical portrayal.

The latter options offered are not relevant to something like the scenario presented. So that is indeed the correct solution.

7 0
3 years ago
Select the two statements about owners of equity in a business that are TRUE.
stiks02 [169]

Answer:1. and 3.

Explanation:

8 0
3 years ago
Read 2 more answers
Perez, Inc. owns 80% of Senior, Inc. During Year 1, Perez sold goods with a 40% gross profit to Senior. Senior sold all of these
den301095 [7]

Answer:

B) Sales and cost of goods sold should be reduced by the intercompany sales.

Explanation:

When a parent company consolidates its financial statements with its subsidiaries, it has to eliminate all the transactions involving intercompany sales.

In this case, Perez Inc. must adjust its consolidated financial statements by reducing the sales revenue and COGS of the transaction it made with Senior Inc. (its subsidiary).

4 0
3 years ago
Wyandotte Chemical Company sells various chemicals to the automobile industry. Wyandotte currently sells 30,000 gallons of polyo
JulijaS [17]

Answer:

a.–7.5% or -0.075

bi.$35,321

bii.$8,271

biii.$27,050

Explanation:

Wyandotte Chemical Company

a.

ED = %ΔQD / %ΔP

–2.0 = 15% / %ΔP. (15% more sales)

%ΔP = 15% / -2.0

%ΔP = –7.5% or -0.075

b.

Using the arc price formula, the new price will be:

%ΔP = P2 – P1/ [(P2+ P1)/2]

–0.075 = (P2– 15.00)/ [(P2+ 15)/2] -0.075P2– 1.125 = 2P2– 30

-2.075P2= -28.875

P2= $13.92

ΔP = $15 –$13.92 = $1.08

Finding new quantity using the arc price formula:

%ΔQ = Q2 – Q1/ [(Q2+ Q1)/2]

0.15 = (Q2– 30,000)/ [(Q2+ 30,000)/2]

Q2= 34,865 gallons (QUANTITY SOLD)

Therefore impact of the price cut on the following are:

i). On Total Revenue:

TR = P · Q

Before cut price: TR1, = 15(30,000) = $450,000

After cut price: TR2= 13.92(34,865)

= $485,321,

Consequently, ΔTR = $35,321 (change in total revenue)

ii). On Total Cost: we first find the FC and VCBefore price cut:

FC1=$90,000

After price cut: FC2= $90,000

VC per unit = $6.00 – 0.60 = $5.40

VC2= $5.40 × 34,865 = $188,271

TC2= FC + VC = 90,000 + 188,271 = $278,271

ΔTC = $8,271 (change in total cost)

iii). On Total Profits (π):

Before price cut: π, = $450,000 – $270,000 = $180,000

After price cut: π2= $485,321 – $278,271 = $207,050

(ΔTR - ΔTC = Δπ: $35,321 - $8,271 = 27,050)

4 0
3 years ago
Great Southeast ​Company's Cash account shows an ending balance of $ 660. The bank statement shows a $ 27 service charge and an
Harman [31]

Answer:

$503

Explanation:

The computation of the adjusted cash balance is shown below:

As we know that

Adjusted cash balance is = Cash ending balance - NSF Checks - Service charge

= $660 - $130 - $27

= $503

And we do not considered the other two items as they are not impact the cash balance

Basically we applied the above formula

4 0
3 years ago
Other questions:
  • Business K exchanged an old asset (FMV $95,000) for a new asset (FMV $95,000). Business K’s tax basis in the old asset was $107,
    11·1 answer
  • Two 20-year corporate bonds are issued at par, with stated interest rates of 10%. One issue is puttable at par in 5 years, while
    7·1 answer
  • Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $120,000 or $300,000 with equal
    11·1 answer
  • Refer to the information above. Calculate the 20-year geometric average annual rate of return on the S&P 500 Index
    5·1 answer
  • The following information is available for Marin Inc. for three recent fiscal years. 2022 2021 2020 Inventory $565,000 $572,000
    11·1 answer
  • Which answer is not true? the u.s. treasury, through its bureau of the mint and bureau of engraving and printing, produces the n
    14·1 answer
  • Lorenzo Company applies overhead to jobs on the basis of direct materials cost. At year-end, the Work in Process Inventory accou
    8·1 answer
  • Assume there is an increase in the number of consumers in the market for a good sold by perfectly competitive firms that are ini
    6·1 answer
  • A. Was Apple wrong for not complying with the FBI’s request?
    14·1 answer
  • Peng Company is considering an investment expected to generate an average net income after taxes of $2,000 for three years. The
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!