Answer:
Productive; Allocative
Explanation:
The production possibility frontier shows the various combinations of two products that a limited resource.can produce.
So in competitive markets any choice along the PPF shows productive efficiency (where increased production of one good leads to reduced production of the other).
A specific choice by society on the PPF is allocatively efficient (concerned with consumer satisfaction, consumers choose which good will most satisfy them).
Answer:
Satisfy their wants and needs
Explanation:
Answer:
The municipal bond will give the client more profit after taxes because it has a higher equivalent yield (8.06%) compared to that of the corporate bond (6.55%)
Explanation:
Here, we are to compare a municipal bond to a corporate bond and determine which of the two will give the client more profit after taxes.
The first thing to calculate here is the equivalent taxable yield of the municipal yield.
Mathematically, we employ a mathematical approach approach here;
Equivalent taxable yield = Municipal yield/(1-tax rate)
From the question, we can identify that the tax rate is 28%
28% = 28/100 = 0.28
The municipal yield = 4.8%
Inputing these into the equation;
Equivalent taxable yield = 5.8/(1-0.28) = 5.8/0.72 = 8.06% approximately
Now comparing this value to the value of the corporate bond, we can see that the municipal bond offers a better profit after tax since it has a higher equivalent yield
Answer:
Reshoring.
Explanation:
Reshoring is the process of returning the production and manufacturing of goods back to the company's original country. Reshoring is also known as onshoring, inshoring or backshoring.
Answer:
Faithful representation.
Explanation:
The Financial Accounting Standards Board made the conceptual framework which sets objectives.and characteristics of how financial information is displayed on financial statements. It helps one understand the logic that is behind the generally accepted accounting practices.
Qualitative characteristics include faithful representation which states that financial statements should reflect the actual state of the business. For example if the assets of a company is $300,000 then the actual assets of the company should also be $300,000.
