A private company, the company's stock, or its net is spread amongst few people, usually people close to the CEO/Owner.
A public company, the company's stock is available to purchase to anyone, and can be spread world wide.
Answer:
$705
Explanation:
GDP is the monetary value or price of all finished goods ans services produced in a country or region in an specific period of time. To calculate it we use this formula:
GDP= Consumption (C)+Domestic Investment (I)+Governmet expenditures and income (G)+ Net Exports (total exports minus total imports) (NX)
In this case we have, Capital Consumption Allowance (CCA): the percentage of GDP that a country must spend each year to maintain the certain economic production level.
This account is used when we have an income approach of the GDP and when we calculte the net domestic product (NDP). This formula is used when we calculate NDP.
NDP= C+I+G+NX-CCA
And also we have a formula that incorporates NDP and GDP.
NDP=GDP-CCA ⇒ GDP=NDP+CCA
So, CCA must be added to NDP to obtain GDP.
The problem also have the concept of inventories. Inventories are a stock and GDP measures a flow of production. If we want to use inventories in the GDP calculation, the change in this stock must be included.
For this problem we calculate first the NDP
NDP=$500+$100+$50+($75-$40)
NDP=$685
Then we calculate the GDP
GDP=$685+$25
GDP=$710
Then we add the change in inventories which was a fallen by 5%
GDP=$710-$5
GDP=$705
Answer:
1. What is the probability that they will lose both contracts?
probability of losing both contracts = (1 - 40%) x (1 - 65%) = 21%
2. What is the probability that they win only one contract?
probability of winning 1 contract = 1 probability of winning both contracts - probability of not winning any contract = 1 - 21% - 26% = 53%
3. What is the probability that they win both contracts?
the probability of winning both contracts = probability of winning first contract x probability of winning second contract = 40% x 65% = 26%
Answer:
Option (B) is correct.
Explanation:
Given that,
Percentage increase in price = 5%
Percentage decrease in quantity demanded = 15%
Therefore,
= 3.0
Hence, elasticity of demand facing Billy Bob's Barber Shop is 3.0
Based on the type of customers that both companies served, this is a <u>horizontal merger. </u>
<h3>What is a horizontal merger?</h3>
- This refers to a situation where companies in the same industry but with different market targets combine.
- This is often done to increase market share and efficiency.
North American Van Lines and Allied Van Lines targeted different customers so when they merged, this was a horizontal merger.
Find out more on horizontal mergers at brainly.com/question/1807854.
