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solniwko [45]
3 years ago
10

Are there other public functions that might benefit from more competition, including competition from private firms? What key th

ings would lead you to exclude certain kinds of business?
Business
1 answer:
Nostrana [21]3 years ago
8 0

There are loads of examples of public services that might be more efficiently run with competition. Think about the US Postal Service. With the rise of UPS and FEDex, the USPS has had to improve and change to stay competitive. I think there needs to be a line drawn where there needs to be significant oversight because the services could have a significant impact on people's livelihood. Think about police or military, I am not sure that I want a private firm handling those sensitive issues.

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On December 31, there were 26 units remaining in ending inventory. These 26 units consisted of 2 from January, 4 from February,
Viktor [21]

Answer:

The ending inventory cost is $3,800

Explanation:

The ending inventory cost is computed as using the method or approach of specific identification:

Ending inventory cost = Units of January × Price + Units of February × Price + Units of May × Price + Units of September × Price + Units of November × Price

where

Units of January is 2 and price is $120

Units of February is 4 and Price is $130

Units of May is 6 and Price is $140

Units of September is 4 and Price is $150

Units of November is 10 and Price is $160

Putting the values above:

Ending inventory cost = 2 × $120 + 4  × $130 + 6  × $140 + 4  × $150 + 10  × $160

= $240 + $520 + $840 + $600 + $1600

Ending inventory cost =$3800

Note: Here in the questions units are missing. So, I took the units and computing the same.

January 10-  units at the rate $120

February 20- units at the rate $130

May 15- units at the rate $140

September 12 -units at the rate $150

November 10- units at the rate $160

6 0
3 years ago
Aurillo Equipment Company (AEC) projected that its ROE for next year would be just 6
Drupady [299]

Answer:

Aurillo Equipment Company (AEC)

If AEC refinances its high interest bonds, its projected new ROE will be:

= 15.6%

Explanation:

a) Data and Calculations:

Total debt = $200,000

Debt ratio = 80%

Total assets = $250,000 ($200,000/80%)

Equity = $50,000 ($250,000 - $200,000)

Old interest rate on old debt = 14%

New interest rate on refinanced debt = 10%

Total interest = $20,000 ($200,000 * 10%)

Sales revenue = $300,000

EBIT =        $33,000

Interest       20,000

Before tax $13,000

Tax =             5,200 (40% of $13,000)

Net income $7,800

ROE = Net income/Equity * 100

= ($7,800/$50,000 * 100)

= 15.6%

8 0
3 years ago
Which one of the following statements on the remuneration of the factors of production is true?
nordsb [41]

Answer: The remuneration for natural resources is rent, as natural resources consist of all gifts of nature

Explanation:

Factors of production consists of the resources that are used to production to take place. They include land, labor, capital and the enterprise.

The remuneration for natural resources is rent, as natural resources consist of all gifts of nature.

The remuneration for labor is wages and salaries. The remuneration for capital is interest while the remuneration for entrepreneur is profit.

6 0
3 years ago
A 10% decrease in the price of gas grills leads to a 15% increase in the demand for flank steaks. The cross-price elasticity of
Licemer1 [7]

Answer:

B) -1.5

Explanation:

Cross-price elasticity of demand is calculated by dividing the percentage change in quantity demanded of good A by the percentage change in price of good B.

cross-price elasticity of demand = change in demand of flank steaks / change in price of gas grills = 15% / -10% = -1.5

3 0
4 years ago
Read 2 more answers
A company purchased a new delivery van at a cost of $60,000 on July 1. The delivery van is estimated to have a useful life of 6
Andreas93 [3]

Answer:

How much depreciation expense will be recorded for the van during the first year ended December 31?

$6900

Explanation:

60000 Cost    

6 Years    

4800 Salvage    

     

60000 4800 55200 6900 Year 1 6 months

                         13800 Year 2 1 year

                         13800 Year 3 1 year

                          13800 Year 4 1 year

                           6900 Year 5 6 months

5 0
4 years ago
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