Answer: shifter discovers a loss of $3000
Explanation:
Because Shifter paid $5,000 more for the treasury stock than its fair value: 1,000 shares × ($20 − $15). The $2,000 fee (1,000 × $2) offsets that loss yielding a net loss of $3,000
Answer:
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Answer:
Mixed economic system
Explanation:
A mixed economy is an economy systems that combine both the attributes of capitalism and socialism. That is some of enterprises of the economy are owned and controlled by the government while the rest are left in the hands of private individuals. In some instances, both of them participate in a sector of the economy. For example, in the Nigeria's electricity sector, the federal government generates electricity while private individuals distribute it.
Further explanation for a better understanding:
Basically, there three types of economic system: capitalism, socialism and mixed economy.
Capitalism is an economic system in which the control of trade and industry is in the hands of private individuals. That is, these private individuals are the owners of means of production and the profit that may be derived from them. It believes that the government should not have any hand in running the economy but just concentrate on politics. The main characteristic of the system is that price is used in allocating the resources of the economy.
Socialism is an economic system in which the control of trade and industry of country is left in the hand of the community as a whole which is the government. That is, the means of production, distribution, and exchange are owned and controlled by the government. The main characteristic of the system is that government determines how resources are allocated in the economy.
A mixed economy combines both capitalism and socialism as explained above.
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Answer:
Is the percent of every sales dollar that is still when deducting total unit variable price.
This ratio indicates the proportion of every sales dollar that's accessible to hide a company's fastened expenses and profit. The ratio is determined by isolating the commitment edge (deals less all factor costs) by deals.
Answer:
Option (C) is correct.
Explanation:
If there is a huge increase in the number of Americans travelling to Europe then as a result the demand for the euros increases in the foreign exchange market.
Americans won't be able to spend dollar for doing any transaction in Europe, so there is a need to exchange dollar for euros. Hence, this will increase the demand for euros and there is a appreciation of Europe currency. Therefore, the value of euro also increases.
