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4 years ago

What is one reasons why mixed economies exist?

Business

1 answer:

xxTIMURxx [149]4 years ago

5 0

Answer:Capitalism had too many limits

Explanation:

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How can you apply the statement of financial position or balance sheet in your everyday life?

Novosadov [1.4K]

Financial position also known as a Balance Sheet represents the Assets, Liabilities and Equity of a business at a point in time. Assets include cash, stock, property, plant or equipment - anything the business owns.

4 0

4 years ago

On June 1, Royal Corp. began operating a service company with an initial cash investment by shareholders of $3,721,000. The comp

tatyana61 [14]

Answer:

a. Cash basis of accounting - $7,400,000

b. Accrual basis of accounting - $5,271,000

Explanation:

Mainly there are two methods of accounting for recording transactions in financial statements. They are - Cash basis of accounting and the accrual basis of accounting

Under the cash basis of accounting, whenever the cash is received it will be recorded. So, $7,400,000 would be recorded as a company's income before income taxes.

And, under the accrual basis of accounting, whether cash is received or not but it will be recorded in the books of accounts.

So, the income before income taxes would be

= Revenue - expenses

= $7,400,000 - $2,129,000

= $5,271,000

6 0

3 years ago

What factor of production include human made resources used to produce a good or a service

storchak [24]

Answer

Capital

Explanation

Capital as a factor of production consists of tangible and intangible goods which are produced in the environment and utilized as inputs to further produce more goods and services. Human made resource such as money/wealth is used to produce more wealth by facilitating buying of capital equipment which aid in process of economic development.

4 0

3 years ago

Read 2 more answers

Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. S

andrew-mc [135]

dave ramsey says debit!!!

5 0

3 years ago

Russell Container Corporation has a $1,000 par value bond outstanding with 30 years to maturity. The bond carries an annual inte

12345 [234]

Answer:

Yield on new issue = 11.99%

After tax cost of debt = 8.99%

Explanation:

Given the following :

Future value (FV) = 1000

Period (n) = 30 years

Payment per period (PMT) = $105

Present value (PV) = $880

Tax rate = 25% = 0.25

a. Compute the yield to maturity on the old issue and use this as the yield for the new issue.

Coupon rate = (PMT ÷ par value)

Coupon rate = 105÷ 1000

Coupon rate = 10.50%

Using the financial calculator, bond yield ;

(FV, rate, period, No of payment per year, PV)

Yield on new issue = 11.99%

RATE(n,PMT, PV, FV, 0)

B.) after tax cost of debt, that is, after making necessary tax adjustments

Tax rate = 0.25

After tax cost of debt = yield × (1 - tax rate)

After tax cost = 0.1199 × (1 - 0.25)

After tax cost of debt = 0.1199 × 0.75

After tax cost of debt = 0.089925

After tax cost of debt = 8.99%

3 0

4 years ago