Answer:
Financial leverage
Explanation:
Financial leverage is defined as the use of borrowed funds to perform a business activity or investment that is expected to have higher returns than the cost of borrowing the money (interest).
When a company is looking for funds for its activities there are 3 options they can use: equity, debt, or lease.
Use of equity is the only option where no extra cost is incurred for use of funds.
When using debt or lease cost of use is incurred. The business will need to engage in an activity that will give it revenue above cost of debt.
This practice is called use of financial leverage.
Answer:
Production budget:
Projected sales= 64,000
Ending inventory= 7,000
Beginning inventory= (2,600)
Total= 68,400 units
Explanation:
Giving the following information:
Pasadena Candle Inc. projected sales of 64,000 candles for January. The estimated January 1 inventory is 2,600 units, and the desired January 31 inventory is 7,000 units.
Production budget= projected sales + ending inventory - beginning inventory
Production budget:
Projected sales= 64,000
Ending inventory= 7,000
Beginning inventory= (2,600)
Total= 68,400 units
Answer:
Inventors create new products.
Explanation:
An inventor is someone who is focused almost solely on creating and building a product, process, or service that can solve the problems that someone might have. They strive to perform cutting edge research that's essentially never been done before.
Answer: 0.6%
Explanation:
The expected return is a weighted average of the returns of the assets invested in.
70% is invested in cash which earns 0%
30% is in a savings account earning 2%
Expected return = (70% * 0%) + (30% * 2%)
= 0% + 0.6%
= 0.6%
Answer:
The conception of man as an economic animal is implied by the view that economic production is the determining “factor” or “sphere” of man or society. Against this conception can be put another, that of man as praxis. This takes account of man as a creative being, capable of realizing his freedom through his own activity. In this article the theory of the determining role of the “economic factor”, and the theory of factors in general have been examined. The economic interpretation of history, a variant of the theory of factors, has been acknowledged as partly true for the self‐alienated man and society, but the theory of factors in any variant has been found inadequate as a general theory of man, or society. The possibility of freedom cannot be reduced to the fact that the determining roles played by “factors”, vary, or to the hope that the economic “factor” can be subordinated to a “better” one. Man's freedom consists in his resolving the conflict of “factors”, and in realizing himself as an integral creative being, no longer split into independent and mutually opposed spheres.
Explanation:
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