The fundamental belief behind the market-oriented US economy is that firms are in the best position to know if their actions will cause antitrust laws to be being broken and allow them to work more efficiently. This is further explained below.
<h3>What is an
Economy?</h3>
Generally, the status of a country in terms of commodities and services production and consumption.
In conclusion, Firms are in the best position to ascertain the effect of their actions on the economy.
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Answer: Option (D) is correct.
Explanation:
The debt to equity ratio is determined by dividing the company's total liabilities by its share holders equity. It is also as financial leverage ratio. This ratio represents a company with a degree of financial risk associated with it.
Higher debt to equity ratio represents that company with a higher risk to shareholder.
When we are comparing the leverage ratio of all the four companies, it was found that Jackson, Inc. company has the greatest financial risk which is represented by its debt to equity ratio of 1.50.
Answer:
B) $.10.
Explanation:
All the cost used in the production process is called production cost.
Capital cost = Units x Cost per unit = 2 x $10 = $20
Raw Material cost = Units x Cost per unit = 5 x $4 = $20
Labor cost = Units x Cost per unit = 8 x $3 = $24
Total Cost = Capital cost + Raw Material cost + Labor cost
Total Cost = $20 + $20 + $24 = $64
Cost per unit = Total cost / Number of units = $64 / 640 = $0.10
Answer:
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