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xenn [34]
3 years ago
9

In the circular flow of economic​ activity, there are two kinds of markets in which firms and households interact. In the fact

or​ market:
Business
1 answer:
brilliants [131]3 years ago
4 0

Answer:

Factor market is the market where companies purchase the factors of production  and resources that they utilise to produce goods and services. They buy the productive resources  to make payments at factor prices.  Factor maker is also called input market. It is different from product market in which the households are buyers and businesses are sellers. The factor market is opposite of this.

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How can the use of new technology in industry benefit the US government?
DiKsa [7]

Answer:

All the statements are correct.

Explanation:

A and D are correct because better transportation technology means that the government can import (purchase materials) and export (transport goods) around the world with relative ease.

B is correct because automation means that machines can replace some humans in the labor force, and machines do not have to be paid a wage.

C is correct because if the government has advanced technology at its disposal, it can be at the forefront of tecnnological changes.

4 0
3 years ago
Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,900. Each
Alexxx [7]

Answer:

Sales Revenue  = 441,000

COGS  4,900 x 38 = 186,000

Gross Profit 254.800

Selling variable 4,900 x 2 = 9,800

Selling and administrative 65,200

Net Income 179,800

Explanation:

Sales

4,900 x 90

COGS

Fixed 78,000/6,000 = 13

Variables 25

Unit cost 38

4,900 x 38 = 186,200

Selling variable

4,900 x 2 = 9800

5 0
3 years ago
An office building has $66,000 of net income and sold for $550,000. What was the rate of return? 12% 8.3% 10% 11.1%
Nina [5.8K]

Answer:

8,3

Explanation:

its less then 10%

7 0
3 years ago
Read 2 more answers
At the end of 2017, Carpenter Co. has accounts receivable of $778,100 and an allowance for doubtful accounts of $63,200. On Janu
KonstantinChe [14]

Answer:

Dr. Allowance for Doubtful Accounts  $7,400

Cr. Accounts Receivable                       $7,400

Explanation:

A write off eliminates the account receivable balance. It is recorded as the debit to Allowance for Doubtful Accounts because of its credit nature. It reduces the balance of the allowance use it for actual write off. On the other hand it credit the account receivable balance to reduce it as it is debit in nature.

7 0
3 years ago
Merkel Corporation issues $200,000 face amount bonds with a stated interest rate of 6%. If the market interest rate is 5%, the b
VMariaS [17]

Answer:

At a premium to the face amount

Explanation:

The bond has a higher coupon rate compared to its market interest of 5%, hence, the bond would be issued at a premium, in other words, the proceeds from the bond issuance would be more than the face  amount of $200,000 as shown below using a financial calculator bearing in mind that the calculator would be set to its default end mode before making the following inputs:

N=20(let us assume it has 20 years to maturity and pays a coupon annually)

PMT=12000 (annual coupon=face value*coupon rate=$200,000*6%=$12,000)

I/Y=5(market interest rate without the % sign)

FV=200000

CPT

PV=$224,924.42($24,924.42 premium)  

7 0
3 years ago
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