<u>Answer:</u>
<em>Rico sporting goods sold 8500 treadmills last year. </em>
<u>Explanation:</u>
If total sales of treadmills were 50,000 then the 3 major companies hold the market share with different rates. The Rico sporting goods market share is 17% which means last year it sold 17% of total sales. Therefore
=8500.
Hence, The Rico sporting goods share in the total sales is 8500. Therefore, it can be said that the sales of last year of each company is 37,500 8500 and 4000 respectively.
Answer:
SIGNIFICANCE TEST
Explanation:
Significance tests give us a formal process for using sample data to evaluate the likelihood of some claim about a population value . The significance level for a given hypothesis test is a value for which a P-value less than or equal to is considered statistically significant. Typical values for are 0.1, 0.05, and 0.01. These values correspond to the probability of observing such an extreme value by chance
Answer:
explicit costs = $1,260,000
the implicit costs = $8,400,000
total costs = $9,660,000
Explanation:
the underwriter's explicit costs = total number of shares x initial price x % charged by underwriter = 700,000 x $24 x 7.5% = $1,260,000
the implicit costs = (market price - initial price) x total number of shares = ($36 - $24) x 700,000 = $8,400,000
total costs = $9,660,000
Answer:
The major attraction of S corporations is that they avoid the problem of double taxation
Explanation:
Am S corporation is also called a small enterprise corporation that providers liability protection for its owners.
The business is considered.to.ba an independent entity, so if the corporation is liable to pay a judgement sum the owners will not be asked to use their personal funds to repay.
One key feature.os S corporation is that tax is passed along. The tax to be paid by the business is transfered to the owners.
So taxis only paid once. This avoids double taxation where the business is taxed and owner also taxed.
Answer:
It helps giving you the ability to choose what you think is best for your business
Explanation:
Vic, using the money tree metaphor is awesome in order to explain. Think about your free enterprise (let’s say… a store that sells trees!).
What you need in order to start and run a business? A place to sell those trees, employees, products, infrastructure, etc., and capital to fund all that. All that business plans and models that you will develop in order to have a successful business will require that you make economic decisions, actions. And, in order to make those decisions, you need economic liberty, which is exactly the ability one has to make economic decisions without political, economic or social blocks.
Imagine that in your region you can only sell trees with red leaves, or your trees are taxed much more than trees coming from overseas, or that employment law requires that no employee gets near a plant (who knows, it could be to prevent allergic season!). That would make super hard to develop your business right?
That’s how economic liberty could help you grow your money tree; into giving you the ability to choose what you think is best for your business.