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3 years ago

There is always some degree of government involvement in a mixed economy. O True O False

Business

2 answers:

GenaCL600 [577]3 years ago

5 0

B it doesn’t have to be mixed

krek1111 [17]3 years ago

3 0

Answer:

The answer is true. In mixed market economies, government plays a major role as an employer, regulator and a facilitator of infrastructure to the private sector.

However, what must be remembered is that in every economic system, government involves in the economic activities to a certain degree, whether it's capitalist, command or mixed.

Explanation:

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First National Bank charges 13.4 percent compounded monthly on its business loans. First United Bank charges 13.7 percent compou

Wittaler [7]

Answer:

First National Bank-14.25%

First United Bank-14.17%

As a potential borrower, I would go for First United Bank, as it offers a lower rate, which implies a lower interest cost on the loan.

Explanation:

Effective Annual Rate (EAR) is the equivalent annual interest rate where the interest rate for a transaction is quoted to be compounded for a period shorter that a year.

Usually , where the interest nominal interest rate is quoted to be compounded for a shorter period than a year, the EAR is usually higher. The EAR is computed as follows using this formula:

EAR =( (1+r/m)^(m) - 1 ) × 100

r- nominal interest rate per annum, m- number of compounding periods in a year

So we can compute the EAR for the two banks :

First National Bank:

m= 12 compounding periods in a year

Monthly interest rate = r/m = 13.4%/12 = 0.01116

EAR = (1 + 0.01116)^(12) - 1

= 14.25%

First United Bank:

m = 2 compounding periods in a year

Semi-annual interest rate = 13.7%/2 = 0.0685

EAR = (1+0.0685)^(2) -1

= 14.17%

As a potential borrower, I would go for First United Bank, as it offers a lower rate, which implies a lower interest cost on the loan.

First National Bank-14.25%

First United Bank-14.17%

8 0

3 years ago

with a variety of different brands, marriott needs a clear ________ strategy to help provide customers with accommodations that

liubo4ka [24]

With a variety of different brands, Marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.

<u>Marketing</u>

According to the given question, Marriott needs a strategy that would best help her provide her customers with accommodation based on their different needs.

The best type of strategy that Marriott needs to undertake would be a marketing strategy.

This is because, when she starts to market to her customers, then she would be able to know their various needs and serve them based on those needs.

<u />

Therefore, the correct answer is marketing

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Read more here:

brainly.com/question/21629547

8 0

2 years ago

Smith Fabricating uses job costing and applies overhead using a normal costing system and uses direct labour cost as the allocat

SSSSS [86.1K]

Answer: C. $950

Explanation:

Hello.

Your question was missing a few details so I threw them in. You'll find it in attachments.

To calculate the total Manufacturing costs for Job 201 we would need to calculate the overhead cost allocation rate first to find out how much Overhead to allocate to Job 201.

Using a normal costing system with direct labour cost as the allocation base,

Overhead allocation rate = (Overheads/Direct Labor Cost)*100

= (100,000/50,000)*100

=200%

Overhead allocation rate is 200% or 2x direct labor cost.

Now to calculate the total Manufacturing costs of Job 201,

Total manufacturing cost for Job 201 = Direct Material + Direct Labor + Manufacturing Overheads

= 350 + 200 + (200*2 for manufacturing overhead)

= 350 + 200 + 400

= $950

$950 is the total manufacturing cost for Job 201 making option C correct.