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ra1l [238]
3 years ago
8

The U.S. preference for __________ economic policies helps to explain why we have a smaller and more limited government than do

most other advanced industrialized countries.
Business
1 answer:
Ghella [55]3 years ago
7 0

Answer:

Laissez-faire

Explanation:

Laissez-faire, arrangement of least administrative impedance in the financial issues of people and society.

The teaching of free enterprise is generally connected with the market analysts known as Physiocrats, who prospered in France from around 1756 to 1778.  

A case of free enterprise is the point at which a mortgage holder is permitted to plant anything they desire to develop in their front yard without getting authorization from their city.

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​Simmons, Inc. uses the​ lower-of-cost-or-market method to value its inventory that is accounted for using the LIFO method. Data
MA_775_DIABLO [31]

Answer:

The lower- of- market- or cost for the item is $21

Explanation:

In the lower of cost or market, the market begins at the replacement cost which is $20, which is then limited or restricted to a ceiling and a floor.

The ceiling is computed as:

Ceiling = Selling price - Completion cost

where

selling price is $30

Completion cost is $2

Putting the values above:

Ceiling = $30 - $2

Ceiling = $28

Computing the floor as:

Floor = Ceiling - Normal profit margin

Floor = $28 - $7

Floor = $21

As the market cannot be lower than the floor which is $21. Therefore, the lower of cost which is $26 and the market which is $21. But have to take lower. So, it is $21.

6 0
3 years ago
Janice has car insurance that she must pay four times a year. If each payment is $156, how much money should she set aside each
Lunna [17]

Answer:

Cheap Florida Auto Insurance. Low Rates from $53.99 / Month!

Explanation:

3 0
3 years ago
On May 3, 2020, Windsor Company consigned 90 freezers, costing $480 each, to Remmers Company. The cost of shipping the freezers
aivan3 [116]

Answer:

a. Value of Ending inventory  $ 22025

b. Profit=  $ 10429

c. Amount Remitted to the Consignor  $32454      

Explanation:

Windsor Company

Goods Sent on Consignment  90 * $ 480= $ 43,200

Shipping Charges                                              $ 850

Total                                                                    $44050

Cost of One Freezer = $ 44050/ 90= $ 489.44

Cost of 45 Freezers= $22025

The ending inventory value is calculated by multiplying the unit costs with the units at hand.

a. Value of Ending inventory at the Hands of the Consignee = Units* Cost Price = 45 * $ 489.44= $ 22025

Sales by the Consignee           45* $ 780= $ 35100

b. Profit= Sales - (Cost + Expenses) =  $ 35100- ($22025 + $2646)  

= $ 10429

Profit is calculated by subtracting all the expenses and the cost from the sales

Installation Charges                                 $330

Advertisement Costs                                $ 210

Commission (6% of 35100)=                     $2106

Total  Expenses                                      $2646  

c. Amount Remitted to the Consignor = Sales - Expenses=  ( $ 35100-  $2646 )= $32454                        

3 0
3 years ago
Read 2 more answers
A company's common stock shares are expected to bring a 13 % return to their investors in case of "recession" state of the econo
Ludmilka [50]

Answer:

The expected rate of return is 8.65%

Explanation:

The expected return on a stock can be calculated by multiplying the return in each scenario by the probability of that scenario. This will provide the expected value of the return based on all these scenarios. Thus, the rate of return is,

Rate of return = rA * pA + rB * pB + rC * pC

Where,

  • r represents the return in each scenario
  • p represents the probability of each scenario

The probability of normal state is = 1 - 0.45 - 0.05  =  0.5

Rate of return = 0.13 * 0.45 + 0.06 * 0.5  + (-0.04) * 0.05

Rate of return = 0.0865 or 8.65%

3 0
3 years ago
Mcdonald's, a fast food chain headquartered in the united states, applies the morality it practices in the united states to all
Helen [10]
<span>Mcdonald's, a fast food chain headquartered in the united states, applies the morality it practices in the united states to all foreign countries in which it operates. mcdonald's is adhering to "Moral Universalism". Moral Universalism is the need for a moral standard that is accepted by all cultures.</span>
3 0
2 years ago
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