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Illusion [34]
3 years ago
12

What is an economic system? Give two examples.

Business
2 answers:
Alexeev081 [22]3 years ago
8 0

Answer:

An economic good is a physical object or service that has value and can be sold; some examples include bananas, toys, haircuts, and cars. Economic systems are the means by which countries and governments distribute resources and trade goods and services. They are used to control the five factors of production, including labor.

Explanation:

Anit [1.1K]3 years ago
6 0

Answer:

<h2><em><u>there</u></em><em><u> </u></em><em><u>are</u></em><em><u> </u></em><em><u>many</u></em><em><u> </u></em><em><u>economic</u></em><em><u> </u></em><em><u>sys</u></em><em><u>tem</u></em><em><u> </u></em><em><u>used</u></em><em><u> </u></em><em><u>throug</u></em><em><u> </u></em><em><u>the</u></em><em><u> </u></em><em><u>wor</u></em><em><u>ld</u></em><em><u>.</u></em><em><u>s</u></em><em><u>o</u></em><em><u>m</u></em><em><u>e</u></em><em><u> </u></em><em><u>exam</u></em><em><u>ple</u></em><em><u> </u></em><em><u>are</u></em><em><u> </u></em><em><u>socilaism</u></em><em><u>,</u></em><em><u>communism</u></em><em><u>,</u></em><em><u>and</u></em><em><u> </u></em><em><u>cappitism</u></em><em><u> </u></em><em><u>the</u></em><em><u> </u></em><em><u>United</u></em><em><u> </u></em><em><u>States</u></em><em><u> </u></em><em><u>has</u></em><em><u> </u></em><em><u>capitlastic</u></em><em><u> </u></em><em><u>sys</u></em><em><u>tem</u></em></h2><h2><em><u>mark \: me \: brailest</u></em></h2>

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Alabaster Incorporated wants to be levered at a debt-to-value ratio of .6. The cost of debt is 9 percent, the tax rate is 35 per
ss7ja [257]

Answer:

Return on Equity = 13.17%

Explanation:

We solve for cost of equity using the MM model with taxes.

r_e = r_a + \frac{D}{E} (r_a-r_d)(1-t)

r_a = retrun on asset or unlevered return =0.12

D/E = 0.60

r_d = cost of debt = 0.09

taxes = 35% = 0.35

re = return on equity = 0.1317 = 13.17%

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3 years ago
Rohan wants to buy part of a company, and is interested in stocks. He knows that his favorite company, Apple, is traded on the s
hoa [83]

Answer:

Yes, he can buy stock in Apple.

Explanation:

8 0
2 years ago
Sheena, marketing manager for Yaard-Vark Lawn Tractors, is interested in the relationship between the prices of lawn tractors an
AlekseyPX

Answer:

Exploratory

Explanation:

Sheena, marketing manager for Yaard-Vark Lawn Tractors, is interested in the relationship between the prices of lawn tractors and the level of sales. To test whether increasing prices will lead to a change in sales and, if so, how much of a change, she should use exploratory research.

Exploratory research is the kind of research where an unknown phenomenon is worked upon. In this case, Sheena does not know the effects of prices on sales. Therefore she carries out exploratory research to fill in the blanks.

4 0
3 years ago
Carla Corporation owns machinery that cost $24,800 when purchased on July 1, 2017. Depreciation has been recorded at a rate of $
liberstina [14]

Answer:

a. Journal entries to update depreciation for 2021:

Debit Depreciation expense $1,984

Credit Accumulated depreciation account $1,984

b. Journal entries to record the sale:

Debit Cash $13,020

Debit Accumulated depreciation account $12,400

Credit Gain on asset disposal  $620

Credit Machinery asset $24,800

Explanation:

a. Depreciation of the machinery has been recorded at a rate of $2,976 per year.

Depreciation per month = $2,976/12 = $248. In 2021, the machinery is used from Jan 1 to August 31 (8 months).

Depreciation expense for 2021 = $248 x 8 = $1,984

Journal entries to update depreciation for 2021:

Debit Depreciation expense $1,984

Credit Accumulated depreciation account $1,984

b.

Accumulated depreciation account at December 31, 2020 has credit balance of $12,400 ($10,416 + $1,984 = $12,400)

The carrying amount of the machinery = Cost of the machinery -  Accumulated depreciation = $24,800 - $12,400 = $12,400

Sales price - Carrying amount of the machinery = $13,020 - $12,400 = $620>0

The company recognizes gain on the sale. Journal entries to record the sale:

Debit Cash $13,020

Debit Accumulated depreciation account $12,400

Credit Gain on asset disposal  $620

Credit Machinery asset $24,800

8 0
3 years ago
Every decision you make in a computer program involves evaluating one or more _____ expression(s).
fenix001 [56]

Answer:

Boolean expression.

Explanation:

Boolean algebra provides the operations and the rules for working with the set {0, 1}. In computer science, a Boolean expression is an expression in a programing language that produces a Boolean value when evaluated i.e. one of true or false.

Each Boolean expression represents a Boolean function. The values of this function are obtained by substituting 0 and 1 for the variables in the expression.

Are used mostly with while loops, and conditional statements and can be contrasted with arithmetic expressions which are expressions that evaluated to a number.

These expressions are made up of the three logical operators (AND, OR, NOT), the relational operator (> >= < = = <>) and functions that return true or false.

4 0
3 years ago
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