The resources that helped in operating the businesses are also known as economic resources.
<h3>What is production?</h3>
Production is the process used by businesses to make varied products by converting the raw materials into finished ones.
Economic resources are those which are used by the firms in manufacturing goods and services. The goods are then available in the market for purchase by the consumers. The production can't be carried out if these resources are not present.
Therefore, economic resources are the important resources that help the business to operate.
Learn more about the economic resources in the related link:
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Answer: 13.25%
Explanation:
The expected portfolio return can be calculated as follows:
= (Expected return of stocks * Weight of stocks) + (Expected return of bonds * Weight of bonds)
= (15% * 75%) + (8% * 25%)
= 11.25% + 2%
= 13.25%
Answer:
$2,033
Explanation:
The computation of the terminal value at the end of the year 2 is shown below:
= {Free cash flow of the firm × (1 + growth rate) × (1 + growth rate) + (1+ growth rate)} ÷ (WACC - growth rate)
= {($80 million × (1 + 0.10) × (1 + 0.10) × (1 + 0.05)} ÷ (10% - 5)
= $101.64 ÷ 0.05
= $2,033
We simply applied the above formula so that the Terminal value could arrive
Answer: Government to customer (G2C)
Explanation:
Filing is one of the requirements of any business person to give proper record of what they did in their business and how they delivered to the masses. This is proper for tax clearance and returns. When filing your individual tax returns the value chain is known as government to customer (G2C). This is recommended.
Answer:
prepare the journal entries to record income tax expenses,deferred income taxes and income taxes payable for 2020