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slava [35]
2 years ago
15

Countries with free market economies in which property rights are protected tend to have _____ than command economies or economi

es where property rights are poorly protected.
Business
1 answer:
FinnZ [79.3K]2 years ago
4 0
<span>Countries with free market economies in which property rights are protected tend to have </span>greater economic growth rates <span>than command economies or economies where property rights are poorly protected.
</span><span>The reason is the lack of infrastructure and supporting business in primitive or undeveloped economies, which may lead to situation in which is more costly to do business.  </span>
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An authorization to start a business issued by the local government is a _____. fringe benefit zoning law business license liabi
Rina8888 [55]

An authorization to start a business issued by the local government is a business license. A business license allows a person to run a business legally. The license is used for tax purposes with the government and so the government can control and regulate the business on the legal side. If you do not have a business license, then you are a sole proprietor and running the business for tax purposes from your social security number.

5 0
2 years ago
You were asked to estimate the cost of capital for XYZ Inc. The firm is expected to have a target capital structure of 30% debt,
kap26 [50]

Answer:

8.30%

Explanation:

The weighted average cost of capital of the company is  computed using the WACC formula below:

WACC=(We*Ke)+(Wp*Kp)+(Wd*kd)

We=weight of common equity=50%

Ke=cost of retained earnings which is a proxy for the cost of equity=11.50%

Wp=weight of preferred stock=20%

Kp=cost of preferred stock=6.00%

Wd=weight of debt=30%

Kd=after-tax cost of debt=4.50%

WACC=(50%*11.50%)+(20%*6.00%)+(30%*4.50%)

WACC=8.30%

3 0
3 years ago
Which of the following examples should make a consumer leary to purchase from a business?
Mashutka [201]

Answer:

A. Limited information about the establishment on the company’s website.

Explanation:

A business is promising if they have complete information on their website. The credibility is made sure if the company has proper information that instigates trust among the consumer. The consumer can trust the company if they can reach it easily after the purchase and if the company has proper setup, both physical and virtual.

Therefore the correct answer is option A. Limited information about the establishment on the company’s website.

4 0
3 years ago
In September 20X3, LaToya Corporation paid for insurance for the next six months in the amount of $42,000. On December 31, LaToy
Umnica [9.8K]

Answer:

Net income is overstated by $28,000.

Explanation:

As the company forget to make the adjustment entry it didn't recognize any expense for the expired insurance.

From September to December 31th 4 month of insurance has expired:

42,000 x 4 month/6 months = 28,000 insurance expense

as the expense weren't post the income statement is overstated along with the assets of the company as it doesn't have a prepaid amount for 42,000 but for 14,000

5 0
3 years ago
Skysong, Inc. began the year with 9 units of marine floats at a cost of $12 each. During the year, it made the following purchas
Alisiya [41]

Answer:

Skysong, Inc.

a. The cost of goods sold under FIFO

= $816

b. The cost of goods sold under LIFO

= $1,068

c. Average unit cost

= $18.90

d. The cost of goods sold under average-cost

= $945

Explanation:

a) Data and Calculations:

Date    Transaction                 Units   Unit Cost    Total

Jan. 1   Beginning inventory      9            $12        $108

May 5, Purchases                    28            $16         448

July 16 Purchases                    19            $20        380

Dec. 7, Purchases                   24            $24        576

Dec. 31 Total                           80                        $1,512

Dec. 31 Ending inventory       30

Dec. 31 Sales                          50

a. The cost of goods sold under FIFO:

Jan. 1   Beginning inventory      9            $12        $108

May 5, Purchases                    28            $16         448

July 16 Purchases                    13            $20        260

Cost of goods sold                                               $816

b. The cost of goods sold under LIFO:

May 5, Purchases                      7            $16          112

July 16 Purchases                    19            $20        380

Dec. 7, Purchases                   24            $24        576

Cost of goods sold                                           $1,068

c. Average unit cost:

= Total cost/Total units

= $18.9 ($1,512/80)

d. The cost of goods sold under average-cost:

= $945 (50 * $18.90)

8 0
2 years ago
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