1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gtnhenbr [62]
3 years ago
12

What are some benefits of voluntary exchange? What are the responsibilities?

Business
1 answer:
PtichkaEL [24]3 years ago
7 0

Answer:

The principle or model of voluntary exchange assumes that people will act based on self-interests. This is an important component of a healthy economy. If individuals in a market economy do not feel that they will benefit from the exchange, they would not be willing to make it.

Hope this helps!

You might be interested in
Gugenheim, Inc., has a bond outstanding with a coupon rate of 7.7 percent and annual payments. The yield to maturity is 8.9 perc
Anna [14]

Answer:

Bond price= $1,793.62

Explanation:

Giving the following information:

Face value= $2,000

Number of periods= 17

Cupon rate= 0.077

YTM= 0.089

T<u>o calculate the price of the bond, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 154*{[1 - (1.089^-17)] / 0.089} + [2,000/1.089^17)

Bond Price​= 1,324.21 + 469.41

Bond price= $1,793.62

3 0
3 years ago
List four people who are likely to play a role in the induction of a new employee?​
RUDIKE [14]

Answer: The answer is personnel manager,Top level management such as Directors, Marketing manager, Safety officer

Explanation:

Induction is the process of introducing the new employees into the organization. During the induction process the new employees are acquainted with the policies, practices and general objectives of the organization. Induction is done with a view to generate the personal interest of the new employees in the organization and also to create the employees enthusiasm for the job and to ensure the employees loyalty to the organization. It involves the explanation of the issues such as history of the organization, products and services, General policies and practices, benefits such as insurance ,retirement and vacation, safety regulation .The following officers are likely to play a role in the induction of new employee

Personnel manager for personnel matters such as the benefits that will accrue to such employees such as insurance, retirement benefit and vacation benefits

Marketing manager to handle products and services offer to the target market by the organization

Top level management such as directors to handle matters such as Organization history and General policies and practices

Safety officer to handle matter such as the safety precaution to be taken by the new employees while doing their job

7 0
3 years ago
The following information has been gathered for Foxmoor Industries for its fiscal year ending December 31: Estimated factory ove
lions [1.4K]

Answer:

Estimated manufacturing overhead rate= $32 per labor hour

Explanation:

Giving the following information:

The estimated factory overhead costs $ 2,496,000. Estimated labor hours 78,000.

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 2496000/78000= $32 per labor hour

5 0
3 years ago
Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following data: The yield on the com
Katyanochek1 [597]

Answer:

WACC = 7.48%

Explanation:

We can calculate the Firm's WACC by using Excel.

Let's assume this is our Excel Blank Sheet.

          A                    B                                  C                    D

1   Particulars        Rate                             Weight          Weighted rate

2   Debt           = 7.75%(1 - 40%)                 0.45               =B2×C2

                        = 4.65%

3   Equity         = (0.65/(19 × (1 - 10%)))+6%

                        = 9.80%                               0.55             = B3×C3

4                     WACC                                   =SUM(D2:D3)

<h3>Output:</h3>

          A                    B                  C                    D

1   Particulars        Rate              Weight          Weighted rate

2   Debt            = 4.65%             45%               2.09%

3   Equity          = 9.80%             55%               5.39%

4                     WACC                                        7.48%

4 0
3 years ago
The CEO would like to see higher sales and a forecasted net income of $2,500,000. Assume that operating costs (excluding depreci
mestny [16]

Answer:

The answer is  $11.904.762  

There an assumption about Depreciation, Amortization and Interest, it says increase by 10% over which there is no data to calculate,so It's used 10% of sales.

Explanation:

Income Statement  

Sales  $11.904.762  

Cost of goods sold -$6.547.619  

Gross Profit  $5.357.143  

depreciation, amortization and Interest -$1.190.476  

Net Income BEFORE Taxes $4.166.667  

Tax RATE 40%  -$1.666.667  

Net Income after Taxes  $2.500.000  

7 0
3 years ago
Other questions:
  • A new accountant at Marin Inc. is trying to identify which of the amounts shown below should be reported as the current asset "C
    10·1 answer
  • Suppose the economy is operating at an output of $4,000 billion. Assume furthermore that potential output is $5,000 billion and
    15·1 answer
  • Stickiness is an important attribute for which revenue model?
    10·1 answer
  • You are in negotiations to make a 7-year loan of $35,000 to DeVille Corporation. To repay you, DeVille will pay $2,500 at the en
    6·1 answer
  • Joe Keho and Mike McLain share income on a 6:4 basis. They have capital balances of $90,000 and $70,000, respectively, when Lind
    11·1 answer
  • Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t
    8·1 answer
  • Andy works at AZ Corporation. He has been working very hard and feels he deserves a pay hike. He wants to seek a meeting with An
    10·1 answer
  • Karen Bates has owned several automobiles from her favorite brand. Therefore, when deciding to purchase a new car for her daught
    8·2 answers
  • A new business is likely to need what bank service(s)? *
    7·1 answer
  • The deadweight loss from a tax is likely to be greater with a good that has Select one: a. many substitutes. b. an inelastic dem
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!