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3 years ago

What is economic studies

Business

2 answers:

azamat3 years ago

8 0

Answer:

economic studies is about economic growth, strong labor market, sound fiscal and monetary policy.

lara [203]3 years ago

3 0

The social science that studies how people interact with things of value; in particular, the production, distribution, and consumption of goods and services

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The Morris Corporation has $350,000 of debt outstanding, and it pays an interest rate of 12% annually. Morris's annual sales are

Anni [7]

Answer:

TIE 2.47

Explanation:

$\frac{EBIT}{InterestExpense} = $Times Interest Earned$

Our first step will be calculate the interest expense

350,000 debt outstanding * 12% rate = 42,000

Next, we need the EBIT which means Earnings Before Interest and Taxes.

Using the net profit margin of 3% we can get the net income

This means 3% of sales become net income

We are going to apply this to Morris sales to get the net income

$1,750,000 * 0.03 = 52,500$

Now this include the interest and taxes, we need to get the Earning before those two concepts so:

$\frac{NetIncome}{1-Tax Rate} + $Interest Expense = Earnings Before Interest and Taxes$

$52,500/(1-0.40)+42,000 = 87,500 + 42,000 = 129,500$

Now we got everything needed for the TIE

129,500/52,500 = 2.47

3 0

3 years ago

If your paycheck was $800 each week, then the nominal value would be less than $800 as we adjust it for inflation. be more than

tia_tia [17]

The answer is : the nominal value would be equal to the $800 face value of the paycheck. The nominal value is the book, par or face value, which in the case of the paycheck is $800.00

4 0

4 years ago

Read 2 more answers

If you invest P dollars and you want the investment to grow to A dollars in t years, the interest rate that must be earned if in

hoa [83]

Answer: 18.92%

Explanation:

The formula to find the compound amount :-

$A=P(1+r)^t$ , where P is the Principal amount, r is the rate of interest and t is the time period.

Given : P= $1500

A = $6000

Time = 8 years

Then $6000=1500(1+r)^8$

i.e. $(1+r)^8=\dfrac{6000}{1500}=4$

Taking natural log on both sides , we get

$\Rightarrow\ 8\ln(1+r)=\ln(4)\\\\\Rightarrow\ \log(1+r)=\dfrac{\log4}{8}=\dfrac{1.38629436112}{8}=0.17328679514\\\\\Rightrarrow\ 1+r=e^{0.17328679514}\\\\\Rightarrow\ 1+r=1.189207115\\\\\Rightarrow\ r=1.189207115-1=0.189207115\\\\\Rightarrow\ r\approx0.1892\approx18.92\%$

3 0

3 years ago

The balance sheet of a corporation reports ______. only the debts of the business and its owners only the results of the busines

grandymaker [24]

Answer:

only the results of the business' activities

Explanation:

balance sheet is among the three main financial statements prepared by a corporation. It reports the financial positions of the business by showing the value of assets, liabilities, and the shareholder's equity at any point in time. Therefore, a balance sheet shows the net worth of the corporation.

The preparation of the balance sheet follows the accounting equation of assets equals liabilities plus shareholder equity. On one side, the balance sheet reports the assets and liabilities and equity on the other. In other words, the balance sheets indicate how the assets of a business are financed. It does not report on the personal activities of business owners.

6 0

3 years ago

Craftmaples, a chain of handicraft stores, was established with the purpose of preserving traditional handicrafts. The company's

Tomtit [17]

Answer: Company mission

Explanation: The company mission refers to the objectives mentioned in the mission statement of the organisation. It is a short statement which describes why the organisation exists and what are its goals. This statement also states the location of the organisation and other important factors like major customers.

In the given case, Craftmaples has the purpose of traditional handicrafts. Thus, all their operations and activities will move towards this one goal.

Hence from the above we can conclude that this case is an example of mission statement.

3 0

3 years ago