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3 years ago

Which of the following best describes the concept of laissez-faire?

Business

1 answer:

Nat2105 [25]3 years ago

8 0

Answer:

a. Government should not intervene in the economy.

Explanation:

The concept of laissez-faire arose during the economic liberalism movement and promotes that the government should not intervene in the economy. According to laissez-faire, the main economic role of the government was to regulate and protect rights to private property.

Therefore, the answer is a. Government should not intervene in the economy.

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Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

krek1111 [17]

Answer:

$61

Explanation:

The computation of unit product cost for the month under absorption costing is shown below:-

Unit product cost = Direct material + Direct labor + Variable Manufacturing overhead + Fixed manufacturing cost

= $18 + $10 + $4 + ($255,200 ÷ 8,800)

= $61

Therefore for computing the unit product cost for the month under absorption costing we simply applied the above formula.

4 0

3 years ago

You have $1,000,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 18 percent and Stock Y w

pogonyaev

Answer:

D. $375,000

Explanation:

Expected return of 13% for $1,000,000 will be $130,000

If we invest $375,000 in Stock X, our expected return based on 18% will be $ 67,500 and the remaining $625,000 will be invested in Stock X, therefore expected return based on 10% will be $ 62,500 and thereby giving the total return of $130,000 which is 13% of $1,000,000 and hence $375,000 will be invested in Stock X

8 0

2 years ago

Jonathan (an individual) owns 100% of the stock of Husky, Inc. (a C corporation) and 100% of the stock of Calhoun, Inc. (another

BaLLatris [955]

Answer: A. As Expenses

B. No treatment.

Explanation:

A. The $100,000 was not structured and a loan so it will be accounted for as EXPENSES. This means that it will be deducted from the Income for the year from Calhoun's books.

B. A C Corporation is by definition taxed SEPARATELY from it's owners in the United States of America. Seeing as both Corporations were C Corporations, Jonathan as the owner of both companies need not worry about how he should treat the $100,000 payment as he will not ne taxed on it.

8 0

3 years ago

Jason Jewelers reported the following in its statement of cash flows: Net cash provided by operating activities $140,000 Net cas

Elodia [21]

Answer:

The total net increase in cash is $ 110,000

Explanation:

Net Increase (Decrease) in Cash = Net cash provided/(used) by operating activities + Net cash provided/(used) by investing activities + Net cash provided/(used) by financing activities.

Net Increase (Decrease) in Cash= $140,000 + $120,000 -$ 150,000

= $ 110,000

This represents increase in cash inflow .

6 0

2 years ago

At the beginning of his current tax year, Eric bought a corporate bond with a maturity value of $26,000 from the secondary marke

Margaret [11]

Answer: Eric will report an Interest Income of $1560

Explanation:

Interest Rate (r) = 6%

Marturity Value = 26000

Interest income for this year

Interest income (6 months) = 26000 x (0.06/2) = 780

Interest income for this year = 780 x 2 = 1560

Eric will report an interest income of $1560 this year.

Interest Income in the final year (Maturity year)

Bond Interest Payments are constant each year for up until the Bond Matures. Eric will still earn an interest of $ 1560 in the final year

3 0

3 years ago