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3 years ago

Will a firm that earns zero dollars in economic profits stay open? Explain why or why not.?

1 answer:

3 0

Yes, because it still has the opportunity cost which can means its wages, interest of its own capital, its own land etc.

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What percentage of job openings are published

WARRIOR [948]

20 to 30 percent ... 70 to 80 percent are posted

6 0

3 years ago

Farrell wants to retire in six years. To have sufficient assets to fund retirement, Farrell needs to accumulate an additional $4

Mademuasel [1]

Answer:

$73,070.5

Explanation:

Inflation erodes the value of money. It makes more quantity of money to required to buy the same basket of food and services in the future.

With inflation, to calculate the the quantity of Dollars needed in n years time, we use the formula;

Inflated amount = h × (1 + f)^n

h= amount required today, f - inflation rate, n- number of years

So if Farrell needs $400,000 in 6 years time in real terms, with an inflation of 5% per year, he would need to have a quantity of money equal to

1.05^6 × 400,000 = $536,038.3.

To provide for $536,038.3 in 6 years time, he would need to contribute into a sinking fund on a yearly basis, an equal amount denoted as "A" in the formula below:

FV = A × ((1+r)^n - 1)/r

FV - 536,038.3, r - 8%, n = 6

536,038.3 = A × ((1+0.08 )^(6) - 1)/0.08)

536, 038.3 = A × 7.3359

536,038.3/7.3359 = A

$73,070.5 = A

Farrell should invest at the end of every year

$73,070.5

7 0

3 years ago

A representative gives a seminar to investors, making a presentation about successful hedge fund strategies. It is attended by 3

exis [7]

Answer:

C. a retail communication

Explanation:

FINRA is a non governement corporation that enable investor or firm to participate in the market by safeguarding their rights. It has been divided into two category:

correspondence
retail communication.

Correspondence: It is a communication to 25 or less existing client or prospective clients. Under correspondence, Institutional communication and public appearances are not subject to pre principal approval.

Retail communication: It is communication to more than 25 existing client or prospective client, excluding institutional communication and public appearance.

In the given case, It is a communication to 30 retail clients, therefore is a retail communication

5 0

3 years ago

Following is a list of financial statement items and amounts for Vantage Service as of 12/31/Year 1, the end of its first year i

Mamont248 [21]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

Download xlsx

5 0

4 years ago

Although it is generally the case that service systems have enough capacity, waiting lines result when __________ exceeds capaci

ratelena [41]

Answer:

Demand

Explanation:

Service systems are available to facilitate the customers. Similarly, service systems are designed in such a way to have enough capacity to assist numerous people. When there is an increase in the demand it leads to demand exceeds capacity, and from here the waiting line problem starts. Only a sudden increase in demand can lead to waiting line issue, and the problem is resolved as soon as demand decreases.

7 0

3 years ago