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Ksju [112]
3 years ago
9

Ten reasons why we need to have laws for business's

Business
1 answer:
Anika [276]3 years ago
8 0
1. To define unacceptable behavior.
2. To provide certainty & stability.
3. To protect the public.
4. To provide mechanism for businesses to resolve disputes.
5. Law gives everyone a framework for how to ace and operate.
6. To make better decisions.
7. To sue & be sued.
8. To balance harm done by the offender against the individual and society at large.
9. To collect and generate revenue from the masses.

Just need one more sorry
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What is one issue on which economists commonly disagree?give an example of each argument?
Vesna [10]

Answer:

quality and price of product

5 0
4 years ago
Omega Inc. expects its net income to be $525,000 this year. The firm's dividend payout ratio is 60 percent. The firm is financed
REY [17]

Answer: $700,000

Explanation: Retained earnings is the amount of earnings left with the company after paying for dividends of common stockholders.

Retained earnings break even can be computed as follows :-

Break\:even=\frac{retained\:earnings}{equity\:ratio}

where,

retained earnings = net income (1- payout ratio)

                              = $525,000 (1 - 60%)

                              =  $210,000

therefore,

Break\:even=\frac{210,000}{0.3}

=$700,000

3 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
BigorU [14]

Answer:

Refer To The attached screen shot. It contains the Income Statement Prepared under Absorption Costing.

Explanation:

Absorption Costing assumes that the Manufacturing Costs include Direct Material, Direct Labor, Variable Overhead, and Fixed Overhead. Whereas, Selling and Administrative Expenses are classified as period Costs. These period costs are recognized in the period in which they are incurred. On the other hand, the manufacturing costs are recognized when the goods on which the costs were incurred are sold. That's why we don't recognize $78,000 as a Fixed Overhead because these overhead costs were incurred to produce 6,000 rackets. We have to calculate the fixed overhead cost per unit and multiply it with the units sold.

I hope I made it clear. If you have any queries, feel free to contact me.

Thanks.

7 0
4 years ago
​matthew's fish fry has a monthly target operating income of​ $7,200. variable expenses are​ 60% of sales and monthly fixed expe
slamgirl [31]

Given, Operating income = 7,200

Fixed expenses = 1800

Let the target sales be assumed to be X

Sales = 7200 + 1800 + 0.6*Sales

X = 7200 +1800 +0.6X

X-0.6X = 9000

0.4X =9000

X = 22,500

Target Sales = 22,500

Break even point = Fixed Costs/(Price -Variable cost)

Break even point = 1,800/(1-0.6) = 1,800/0.4 = 4,500

Break even point =4,500

Margin of Safety = (Target sales - break even point)/ Target Sales

Margin of Safety = (22,500-4,500)/22,500 = 18,000/22,500 = 0.8 = 80%

Margin of Safety =80%

7 0
3 years ago
Read 2 more answers
CoffeeStop primarily sells coffee. It recently introduced a premium​ coffee-flavored liquor​ (BF Liquors). Suppose the firm face
Rudik [331]

Answer:

Risk-free rate = 3.5%

Market risk-premium = 6.9%

Cost of equity (Ke) = ?

Ke = Rf +β(Rm - Rf)

Ke = Rf + Market risk premium

Ke = 3.5 + 6.9

Ke = 10.4%

Cost of debt (Kd) = 5.4%

Market value of debt (D) = 12

Market value of equity (E) = 88

Market value of the company (V) = 100

WACC = Ke(E/) + Kd(D/V)(1-T)

WACC = 10.4(88/100) + 5.4(12/100)(1-0.40)

WACC = 9.152 +  0.3888

WACC = 9.54%

Explanation:

In this case, there is need to calculate cost of equity according to capital asset pricing model, which is risk-free rate plus market risk-premium.

Then, we will calculate the weighted average cost of capital, which equals cost of equity multiplied by the proportion of equity in the capital  structure plus after-tax cost of debt multiplied by the proportion of debt in the capital structure. Since the proportion of debt in the capital structure is 12%(12/100), the proportion of equity will be 88%(88/100).

3 0
3 years ago
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