All categories

3 years ago

What is the difference between the public sector and the private sector?

Business

2 answers:

sattari [20]3 years ago

7 0

Explanation:

difference between the public sector and the private sector

The private sector is comprised of companies that are owned, maintained and regulated by individuals.Whereas the public sector includes different business operations that are owned and controlled by the Government.
Companies in the public sector get financial support from the government whereas companies in the private sector get no financial support from the government.

Example of the public sector: National Thermal Power Corporation, State Bank of India, Indian Oil Corporation Limited, Highway Authority Limited, Bharat Petroleum Corporation Limited, National.

Example of the private sector: Reliance Industries Limited, ICICI Bank, HDFC Limited.

zepelin [54]3 years ago

3 0

Public sector refers to government-owned organizations and government-provided services. Private sector refers to 1) organizations that are not government owned, and 2) the goods and services provided by organizations outside of the government. For example, companies owned by individuals are part of the private sector.

-https://www.accountingcoach.com/blog/public-sector-private-sector

You might be interested in

If a development team member takes off during a Spring, it is expected that theother team members will pick up the slack for the

polet [3.4K]

Answer:

a. True

Explanation:

6 0

4 years ago

Omega Company has sales of $300,000 and cost of goods sold of $200,000. The cost of goods sold is a variable cost. The Company i

Vitek1552 [10]

Answer:

A 10% increase in revenue will produce a A) 15.0 % change in net income

Explanation:

Net income before increasing in revenue = sales - Cost of goods sold - Variable operating expenses - fixed operating expenses = $300,000 - $200,000 - $40,000 - $20,000 = $40,000

Revenue after increasing = $300,000 + $300,000 x 10% = $330,000

When revenue increase, variable costs will increase.

Cost of goods sold = $200,000 + $200,000 x 10% = $220,000

Variable operating expenses = $40,000 + $40,000 x 10% = $44,000

Net income after increasing in revenue = sales - Cost of goods sold - Variable operating expenses - fixed operating expenses = $330,000 - $220,000 - $44,000 - $20,000 = $46,000

Change in net income = ($46,000 - $40,000)/$40,000 = 15.0%

4 0

4 years ago

What is the calculation used to determine the estimated annual interest amount a borrower will pay on a loan?

PIT_PIT [208]

The calculation used is mentioned as

$Annual\ Interest\ Amount\ =\frac{Loan\ balance\ X\ Interest\ Rate}{12}$ .

What is Annual Interest Amount?

An interest rate is written as an annual percentage rate. It factors in variables like monthly payments to determine what proportion of something like the principal you'll be paying yearly. APR is another term for the yearly rate of interest payable on investments that does not take into account the annual compounding of interest.
What you still owe just on mortgage principal is known as the loan balance. The loan balance is calculated as the difference here between initial mortgage balance and the sum of your principal payments. It's crucial to be aware of your loan's balance.
An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a borrower, the interest rate refers to the amount you pay for borrowing money and is expressed as a percentage of the overall loan amount.

The calculation used is illustrated as :

$Annual\ Interest\ Amount\ =\frac{Loan\ balance\ X\ Interest\ Rate}{12}$

Learn more about Annual Interest Amount here:

brainly.com/question/2151013

#SPJ4

7 0

2 years ago

Is the primary focus of marketing today on selling and advertising?

Lilit [14]

Hope this helps

The primary focus of the Marketing Research Analyst is to execute primary market research projects, both qualitative and quantitative, and provide insights to our Markets & Products and Marketing teams that help develop, position and launch new/existing programs and marketthe Capella brand.

5 0

4 years ago

You are having a lot of trouble in your Math class and would like to get help with a tutor. What resource would you utilize?

laila [671]

Answer:

The correct answer is smarthinking.

Explanation:

When we talk about intelligent thinking we can think that it is the same as intelligence, but in reality, it is not ... Intelligence we all have, but intelligent thinking is not an innate quality, but rather a quality that must be cultivated.

According to Art Markman, “intelligence is a tool, among many, that our brain has that, thanks to the use of the knowledge that we acquire throughout life, helps us solve our problems in a creative and more efficient way "

8 0

3 years ago