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harina [27]
3 years ago
12

Under the __________ system the number of choices in the market is directly related to government involvement in markets.

Business
1 answer:
kondor19780726 [428]3 years ago
3 0

Answer:

communist

Explanation:

Under the communist system of the market, the factors of production are owned solely by a group. Group usually is the representation of the form of the government. The means of production which are the labor, capital, natural resources, and the entrepreneurship are all controlled and owned by the government. The government has total control over the market.

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Zach is a franchisee with Digger's Doggies, a chain of hotdog shops. He was doing well until several other Digger's Doggies fran
inessss [21]

Answer:

The correct answer is letter "C": the coattail effect.

Explanation:

The coattail effect is a term mainly used in <em>Politics </em>that describes a situation in which a candidate running for an office and who is usually at the top of preference helps to attract voters for other candidates. In economics, the term might have a negative connotation. It implies businesses that belong to the same industry dragging each other to failure because of other factors rather than competition.

7 0
3 years ago
Paladin Furnishings generated $4 million in sales during 2016, and its year-end total assets were $2.4 million. Also, at year-en
Marianna [84]

Answer:

$105,571.6

Explanation:

Calculation of how large of a sales increase can the company achieve without having to raise funds externally.

The first step is to calculate the self-supporting growth rate using this Formula:

Self-supporting growth rate =

M (1-POR) (S0)÷A0 – L0 – M (1-POR) (S0)

Where:

M = Net Income/Sales = 3%

POR = Payout ratio = 55%

S0 = Sales = $4,000,000

A0 = $2,400,000

L0 = Spontaneous liabilities = $200,000+$100,000 =$300,000

We are using only accounts payable and accruals for LO because they are been considered as spontaneous liabilities

Let plug in the formula

.03 (1 - .55) (4,000,000) ÷2,400,000-300,000 - .01(1-.55)(4,000,000)

=54,000÷2,100,000 – 54,000

=54,000÷2,046,000

=2.63929%

Therefore, the self-sustaining growth rate will be 2.63929%

Second step is to Calculate for how large a sales can increase

Using this formula

Sales amount * Self-sustaining growth rate

Let plug in the formula

$4,000,000×2.63929%

=$105,571.6

Therefore, the sales can increase by $105,571.6

7 0
4 years ago
Spencer Co. has a $280 petty cash fund. At the end of the first month the accumulated receipts represent $51 for delivery expens
uranmaximum [27]

Answer:

Credit to cash $230

Explanation:

Preparation of the Journal entry for the reimbursement of the account of Spencer Co.

Based on the information given we were told that the company spent the amount of $51 for delivery expenses, the amount of $159 for merchandise inventory, and the amount of $20 for miscellaneous expenses from their petty cash fund at the end of the month, which means that the journal entry to record the reimbursement of the account will be:

Dr Delivery expenses $51

Dr Merchandise inventory $159

Dr Miscellaneous expenses $20

Cr Cash                                  $230

(To record petty cash reimbursement)

7 0
3 years ago
Consider this scenario: After many years, an employee is promoted to a position that has an elevated level of trust with his man
Stels [109]

Answer:

The correct answer is the option B: This employee should be granted access based on his current and past roles only after being formally reviewed for his effectiveness in the company.

Explanation:

To begin with, if the employee has past through several positions before then he must understand quite a bit how the company works in its whole and moreover that employee must be trusted due to the fact of the times that he was promoted and therefore that he must have granted access based on his current and past roles but only after being formally reviewed because of the fact of ensuring the effectiveness of the employee.

4 0
4 years ago
Gatson manufacturing company produces 2 types of tires: Economy tire; Premium tire. The manufacturing time and the profit contri
EastWind [94]

Answer:

(a)Let X1 be the number of economy tires and X2 be the number of premium tires.

Objective function:

Maximize Z, where Z = 12X1 + 10X2

Subject to constraints

4X1/3 + X2/2 <= 600

4X1/5 + X2 <= 650

X1/2 + 2X/4 <= 580

X1/5 + X2/3 <= 120

X1, X2 = Z

(b) Check attachment for spreadsheet

(c) The maximum profit that can be obtained is $6032

8 0
3 years ago
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