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3 years ago

-.a) State the main function of a business.

Business

1 answer:

EastWind [94]3 years ago

3 0

Answer:

The main function of a business is to add value to the customers they have chosen to serve.

A business simply satisfies a need or want of people and tries to make something convenient and easy for them.

The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.

Explanation:

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Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $30,000 to

postnew [5]

Answer:

A. $41,120.

Explanation:

Year Description Cash flow Present [email protected]%

0 Equipment cost ($30,000) ($30,000)

1-4 Additional CF $24,000 $69,929.10

4 Residual value $2,000 $1,184.16

Present value total $41,113.26

Based on the above calculation, the answer shall be A. $41,120.

8 0

3 years ago

Corporate managers who supervise, coach, and guide lower-level employees and serve as their organizational sponsors are called

Vsevolod [243]

Answer:

networkers

Explanation:

Corporate managers who supervise, coach, and guide lower-level employees and serve as their organizational sponsors are called: networkers.

8 0

2 years ago

What is the after-tax cost of debt for a firm if it pays at 21% of tax rate, and pays 15% on its debt

FinnZ [79.3K]

Answer:

= 11.85%

Explanation:

After tax cost of debt = (1 - tax rate) x debt

(1 - 0.21) x 15%

0.79 x 15% = 11.85%

5 0

3 years ago

Identify whether each of the following transactions will take place in the factor marketLOADING... or in the product marketLOADI

Debora [2.8K]

Answer:

a. George buys a Tesla Model S.

Product market. Demanded by household and supplied by the firm

b. Tesla increases employment at its Fremont plant.

Factor market. Demanded by firm and supplied by the household

c. George works 20 hours per week at McDonald’s.

Factor market. Demanded by firm and supplied by the household

d. George sells the land he owns to McDonald’s so that it can build a new restaurant.

Factor market. Demanded by firm and supplied by the household

Explanation:

a. George buys a Tesla Model S.

The transaction took place in the product market.

The good was demanded by household

The good was supplied by the firm

b. Tesla increases employment at its Fremont plant.

The transaction took place in the factor market.

The labor was demanded by firm

The labor was supplied by the household

c. George works 20 hours per week at McDonald’s.

The transaction took place in the factor market.

The labor was demanded by firm

The labor was supplied by the household

d. George sells the land he owns to McDonald’s so that it can build a new restaurant.

The transaction took place in the factor market.

The factor of production was demanded by firm

The factor of production was supplied by the household

6 0

3 years ago

A purchase of equipment for $18,000 also involved freight charges of $500 and installation costs of $2,500. The estimated salvag

IrinaVladis [17]

Answer:

$4,750

Explanation:

The computation of the depreciation expense is shown below:

= (Original cost - residual value) ÷ (useful life)

where,

Original cost = $18,000 + $500 + $2,500 = $21,000

And, the other items would remain same

Now put these values to the above formula

So, the value would be equal to

= ($21,000 - $2,000) ÷ (4 years)

= ($19,000) ÷ (4 years)

= $4,750

3 0

3 years ago