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RideAnS [48]
3 years ago
15

Which of the following best describes the goal of the firm?A) Maximizing the firm's profits.B) Maximizing the value of the firm'

s equity.C) Maximizing the value of the firm's debt.D)Minimizing the firm's risk.E) Maximizing the current dividend paid to shareholders.
Business
2 answers:
olga55 [171]3 years ago
8 0

The correct question should be:

Which of the following best describes the goal of a firm?A) Maximizing the firm's profits.B) Maximizing the value of the firm's equity.C) Maximizing the value of the firm's debt.D)Minimizing the firm's risk.E) Maximizing the current dividend paid to shareholders.

Answer: Maximizing the firm's profits.

Explanation:

The Goal of a Firm is the objective that; that Firm seeks to achieve on a regular basis or after a specified period. In most cases the aim of opening a business is to make profit, therefore maximizing profit can be a goal of a business organization.

Kisachek [45]3 years ago
8 0

Answer:

A) Maximizing the firm's profits.

Explanation:

In economics, profit motive underscores the motivation of firms because they operate make money by maximizing profits. Put differently, the ultimate goal of a business is to maximize the wealth of its shareholders which is a direct function of profit maximization.

The profit motive of business entities is very central to its existence because it is globally observed to be correct that businesses shut down when they are unprofitable.

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_____ asserted in an article in the Harvard Business Review that modern transportation and communications technologies are facil
Murrr4er [49]

Answer:

Theodore Levitt

Explanation:

Theodore Levitt was an American economist and professor at the prestigious Harvard Business School (Cambridge, Massachusetts). Also editor of the economic magazine Harvard Business Review (HBR) where they published their articles. It marked a milestone in creating the concept of "globalization" focused on an economic point of view, specifically in its article "Globalization of Markets" was where he referred to it for the first time, thanks to what became very popular and joined the currents of economist thinking.

5 0
2 years ago
Jackson Co. began the year with $20,000 in inventory. During the year, the company purchased $80,000 worth of inventory. At the
Irina-Kira [14]

Answer:

The total cost of goods sold  = $70,000

Explanation:

Given:

Initial inventory at the start of the year for Jackson Co. = $20,000

Total cost of purchases made during the year = $80,000

Inventory remaining at the end of the year = $30,000

Solution:

Total inventory for Jackson Co. during the year = \$20,000+\$80000= \$100,000

Inventory remaining at the end of the year = $30,000

The cost of the goods sold can be calculated by subtracting the remaining  inventory from the total inventory.

Thus, cost of goods sold can be given as :

⇒ \$100,000-\$30,000

⇒  \$70,000

The total cost of goods sold  = $70,000

8 0
3 years ago
Use the information below to calculate the number of orders per year when using the EOQ: Annual demand for an item is 43,000 uni
IRINA_888 [86]

Answer:

The closest answer is 49.

Explanation:

Given that,

Annual demand, D = 43,000 units

Ordering cost, O = $200

Per unit cost of the item = $50

Annual holding cost, H =  annual holding rate × Per unit cost of the item

                                      = 35% × $50

                                      = $17.5

EOQ=\sqrt{\frac{2\times D\times O}{H} }

EOQ=\sqrt{\frac{2\times 43,000\times 200}{17.5} }

              = 991.39

              = 992 units

Therefore,

Number of orders per year = Annual demand ÷ EOQ

                                             = 43,000 ÷ 992

                                             = 43.34

Hence, the closest answer is 49 and this is not given in the question.

5 0
2 years ago
Star software systems and henry orally agree for henry to write special accounting software. this software usually takes three y
ELEN [110]

There are 6 requirements for a verbal contract:

An offer. -- they had this

An acceptance. -- the contract was accepted

Competent parties who have the legal capacity to contract. - they both have the right to make this decision

Lawful subject matter. this is not an illegal operation

Mutuality of obligation. Both parties are obligated to do something in this case.

Consideration. if there were discussions of payment, then yes this is a legally enforceable contract.

4 0
3 years ago
The social trend of _____ is causing consumers to question whether or not firms are truly operating with consideration for the e
Jet001 [13]
I believe that the answer to the question provided above is that <span>the social trend of consuming is causing consumers to question whether or not firms are truly operating with consideration for the environment or simply changing marketing efforts in order to appear that they are.</span>
Hope my answer would be a great help for you.    If you have more questions feel free to ask here at Brainly.

3 0
3 years ago
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