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3 years ago

In a free market system, market prices are determined by (choose all that apply.)

1 answer:

6 0

In a free market system, market prices are determined by:
- Competition
- Self-Interest
- Government

Competition will affect how the producers sell their product to obtain the maximum amount of customers The more competition usually lead to lower price.
Self-interest will determine the interest for a certain product in the market. The more people interested in a product, the higher the price would be.
Government will influence product's price thorugh taxation

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You want a seat on the board of directors of Four Keys, Inc. The company has 240,000 shares of stock outstanding and the stock s

Ganezh [65]

Answer:

$3420057

Explanation:

the company uses cumulative voting, the board of directors are all elected at once. You will need 1/(N+ 1) percent of the stock (plus one share) to guarantee election, where N is the number of seats up for election. So, the percentage of the company’s stock you need will be:Percent of stock needed = 1 / (N+ 1)Percent of stock needed =

1 / (3 + 1)Percent of stock needed = .25 or 25%So, the number of shares you need to purchase is:Number of shares to purchase = (240,000 × .25) + 1Number of shares to purchase = 60,001 And the total cost to you will be the shares needed times the price per share, or: Total cost = 60,001  $57Total cost =$ 3420057

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3 years ago

Since your first birthday, your grandparents have been depositing $ 1 comma 000 into a savings account on every one of your bir

nika2105 [10]

Answer:

The amount of money in my savings account will be closest to $29,213

Explanation:

A fix Payment for a specified period of time is called annuity. The Compounding of these payment on a specified rate is known as Future value of annuity. In this question $1,000 per year payment for 18 years at 6% interest rate is also an annuity.

We can calculate the amount of saving by calculating the future value of the given annuity.

Formula for Future value of annuity is as follow

Future value of annuity = FV = P x ( [ 1 + r ]^n - 1 ) / r

Where

P = Annual payment = $1,000

r = rate of return = 6%

n = number of years = 18 years

Placing Value in the formula

As on the 18th payment no compounding interest income is accrued yet because grandparent made it now.

Future value of annuity = FV = $1,000 + 1,000 x ( [ 1 + 6% ]^18-1 - 1 ) / 6%

Future value of annuity = FV = $1,000 + 1,000 x ( [ 1 + 0.06 ]^17 - 1 ) / 0.06

Future value of annuity = FV = $29,213

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3 years ago

On January 1, 2020, the Hardin Company budget committee has reached agreement on the following data for the 6 months ending June

notsponge [240]

Answer:

Hardin Company

Production budget

For the first semester of 2020

First quarter Second quarter Total

Sales units 5,200 6,700 11,900

Planned ending 1,675 1,750 1,750

inventory

Total production 6,875 8,450 13,650

required

- beginning inv. -1,300 -1,675 -1,300

Units to be 5,575 6,775 12,350

produced

Hardin Company

Raw materials budget

For the first semester of 2020

First quarter Second quarter Total

Units to be 5,575 6,775 12,350

produced

Materials required 3 3 3

per unit

Materials needed 16,725 20,325 37,050

for production

Planned ending 8,130 8,856 8,856

inventory

Total materials 24,855 29,181 45,906

needed

- beginning inv. -6,690 -8,130 -6,690

Materials to be 18,165 21,051 39,216

purchased

Cost per unit $5 $5 $5

Total cost of $90,825 $105,255 $196,080

direct materials

3 0

3 years ago

Which of these factors make it difficult for an employee to get a job offer?

salantis [7]

The factors are: Lack of experience, Economic depression, Inappropriate comments or behaviour in the interview, Poor use of English language,and low cognitive skills

In general, employers will hire an individual if they believe that the individual would provide more financial value compared to the amount of his/her salary. They would not necessarily higher you based on your academic performance because often times you would had to start learning everything related to the job again from the scratch.

7 0

3 years ago

David��s salary totals $79,000 per year. he can expect to pay federal income tax at a rate of 23.60%. how much money will david

Slav-nsk [51]

C. $18,644 is the correst answer. Hope this helped

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3 years ago

Read 2 more answers