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3 years ago

Question 1 (2 points)

Business

1 answer:

inn [45]3 years ago

8 0

Answer:

True

Explanation:

The principal purpose of building a business is to make profits. A business must provide solutions to particular needs and wants in the community to attract customers. Different entrepreneurs will offer alternative or similar solutions to a specific situation.

Anyone starting a business will target a particular set of customers. He or she must be ready to complete for those customers with other like-minded entrepreneurs. Competition is good in business as it makes entrepreneurs innovate on the best ways to serve their customers. It also gives customers alternatives.

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The objective of maximizing value for the shareholders provides an important theme in corporate finance. This objective is not w

Illusion [34]

Answer:

Explanation:

Agency conflicts arises when the objectives of managers isn't aligned with that of shareholders.

Due to the objective of maximising value for shareholders, managers might be induced to engage in aggressive accounting practices in order to present a higher profits than might actually exist. This practice is unethical. This places more emphasis on profits than cash flows.

4 0

3 years ago

A suburban specialty restaurant has developed a single drive-thru window. Customers order, pay, and pick up their food at the sa

andrew11 [14]

Solution :

The average number of the arrivals, λ = 6 per hour

Average service rate, $\mu = \frac{60 \times 2}{15}$

= 8

Average number of the customers in the system is given by,

$= \frac{\lambda}{\mu - \lambda }$

$= \frac{6}{8 - 6 }$

= 3

Average number of the customers that are waiting in the line behind the person who are being served is,

$=\frac{\left(\frac{\lambda}{\mu}\right)^2}{1-\frac{\lambda}{\mu}}$

$=\frac{\left(\frac{6}{8}\right)^2}{1-\frac{6}{8}}$

$=\frac{(0.75)^2 }{0.25}$

= 2.25

Proportion of the time the server is busy,

$=\frac{\lambda}{\mu}$

$=\frac{6}{8}$

= 0.75

7 0

3 years ago

2. Why might this be the perfect advice for beginning investors?

soldi70 [24.7K]

Explanation:

Getting the right education is one of the best pieces of advice I would send to someone who is only learning to invest. Investing is all about purchasing firms that you know and appreciate, that have a strong competitive edge, and that have a solid management team, all at a decent price.

8 0

3 years ago

Atlantic Corporation reported the following amounts at the end of the first year of operations: contributed capital $100,000; sa

romanna [79]

Answer:

A) retained earnings $40,000 and expenses $340,000.

Explanation:

Total Assets = Total Equity + Total Liabilities

$300,000 = Total Equity + $160,000

Total Equity = $300,000 - $160,000

Total Equity = $140,000

Now

Total Equity = Contributed Capital + Retained Earning

$140,000 = 100,000 + Retained Earning

Retained Earning = $140,000 - $100,000 = $40,000

Now

Retained Earning = Revenue - Expenses - Dividend paid

$40,0000 = $400,000 - Expenses - $20,000

$40,0000 = $380,000 - Expenses

Expenses = $380,000 - $40,000

Expenses = $340,000

3 0

3 years ago

Pro Corp., a U.S.-based MNC, uses purchasing power parity to forecast the value of the Thai baht (THB), which has a current exch

aleksklad [387]

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

Given:

Exchange rate of 1 Baht= $0.022

Expected inflation in united states (Assume) = 3% = 0.03

Expected inflation in Thailand (Assume) = 10% = 0.10

Computation:

After 1 year rate of 1 Baht in Dollar

The price in US = 1 × (1+0.03) = $1.03

The price in Thailand = 1 × (1+0.10) = 1.10 baht

1 baht = 1.03×0.022÷1.1 = $0.0206

Therefore, 1 baht = $0.21 (approx)

4 0

3 years ago