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marusya05 [52]
2 years ago
13

Consider the market for 7-eleven slurpees. In a market economy only those consumers who are willing and able to pay for Slurpees

get Slurpees, is this fair? What about the market for health care?
Business
1 answer:
Natalka [10]2 years ago
5 0

Answer:

When we take Slurpees, these are labelled under luxury. This is not the basic need of any human being to drink Slurpees in order to quench his or her thirst. This can't be categorized as a basic, primary or biological need. Water is considered very for for this purpose and we even can't survive biologically without water, whereas, we can very happily without Slurpees. More specifically, we can live definite more happy and healthy without drinking these carbonated drinks which are not good for any human's health, and this facts have been proven by medical science in much finer details. These drinks, sometimes, can kill humans as well, damaging their stomach directly. If this was the basic need, then organizations might have offered it instead of giving employees salary and monetary rewards.

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Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you received your s
s344n2d4d5 [400]

Answer:

Final Value= $4,216,869

Explanation:

Giving the following information:

You have decided that one year from today you will begin depositing 10 percent of your annual salary in an account that will earn 9.2 percent per year. Your salary will increase at 3 percent per year throughout your career. Your salary is $52,000

Your retirement is in 40 years.

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A=annual payment= 5,200

i= 9.2% interest + 3% year increase= 12.2%

n=40

FV= {5,200*[(1.122^40)-1]}/0.122

FV= $4,216,869

6 0
3 years ago
Harmony is defined as the simultaneous combination of –, which results in intervals and –
HACTEHA [7]
Harmony is defined as the simultaneous combination of notes<span>, which results in ensuing relationships </span><span>of </span>intervals<span> and chords. Harmony usually produces a pleasing sound to the ears, because of the combination of simultaneously sounded musical notes. With the good relationship of intervals and chords, a musician can simply produce a harmonic sound.</span>
4 0
3 years ago
Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as foll
gavmur [86]

Answer:

1-a. ACME corporation is 1.26

Wayne corporation is 1.09

1-b. ACME corporation

Explanation:

                                     ACME ($ in millions)               Wayne ($ in millions)

Total current assets          $ 12,987                                 $ 8,258

Total current liabilities      $ 10,301                                  $ 7,545

1-a) Formula for calculating current ratio: Current ratio = Current assets ÷ Current liabilities

ACME corporation, current ratio = $ 12,987 million ÷ $ 10,301 million  = 1.26

Wayne corporation, Current ratio = $ 8,258 million ÷ $7,545 million = 1.09

1-b. The higher the current ratio, the better the liquidity position. ACME corporation has the better ratio.

5 0
2 years ago
Corbin Company was charged​ $25 for a check printing service fee associated with its checking account. Which journal entry is​ r
snow_tiger [21]

Answer:

Dr Miscellaneous expense $25

Cr Cash $25

Explanation:

With regards to the above, the $25 charged for a check printing fee, associated with their check in account is an expense, hence must be debited to miscellaneous expense account while the corresponding entry will be credited to cash account.

Hence journal entry would be;

Dr Miscellaneous expense $25

Cr Cash $25.

3 0
3 years ago
Happy Company wants to raise $2 million with debt financing. The funds are needed to finance working capital, and the firm will
shepuryov [24]

Explanation:

Happy Company will consider both capital expenses and foreign exchange threats.

If Happy's calculations are right, borrowing from Minland Bank is the best choice.

However, since forecasts are based solely on estimation, the choice is still centered on Happy Company's risk appetite, whether to take an 8 per cent flat rate, a strong 14 per cent rate, but with a chance of decline or a small 5 per cent rate, but with a possibility of appreciation.

7 0
2 years ago
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