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iragen [17]
3 years ago
12

What were the two main opposing views of Adam Smith and Karl Marx?

Business
1 answer:
daser333 [38]3 years ago
7 0

Answer:

Adam Smith, author of "The Wealth of Nations", was a staunch believer in the free market and private property. Karl Marx, on the other hand, believed that the free market was destroying the world and leading to the "exploitation" of the middle class and the poor.

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Neosho Corporation's Gauge Division manufactures and sells product no. 24, which is used in refrigeration systems. Per-unit vari
tester [92]

Answer:

(a) Refrigeration would be willing to pay a maximum of Rate 36 to gauge division for unit. because its outside purchase price.  (b) $30  (c) $40  (d) $35

Explanation:

Solution

Given that:

(A)  The Refrigeration would be willing to pay a maximum of Rate 36 to gauge division for unit. because its outside purchase price.

(B) If Gauge had excess capacity, The Division's Management set the transfer price would be $30. this is because transfer price be set as sum of Total Outlay cost and Opportunity Cost. So, ($23 + $7) + $0 = $30

(C) iF Gauge had no excess capacity, the transfer price would be $40.

The Calculation of Transfer price is as follows:

($23 + $7) = $30

Add :- ($40 - $23 -$7) = $10

Hence, the transfer Price = $40

(D) If Gauge was able to reduce the variable cost of internal transfers b $5 per unit then Transfer Price Would be $35.

Thus,

The calculation of transfer price is as follows:-

($23 + $7 - $5) = $25

Add :- ($40 - $23 -$7) = $10

The transfer Price = $35

7 0
4 years ago
The Florida Investment Fund buys 70 bonds of the Gator Corporation through a broker. The bonds pay 8 percent annual interest. Th
jasenka [17]

Answer:

The question  requirement is found below:

a.Compute the price of a bond. (Do not round intermediate calculations and round your answer to 2 decimal places.)

b.Compute the total value of the 70 bonds. (Do not round intermediate calculations and round your answer to 2 decimal places.)

a. price of a bond is $829.73  

b value of 70 bonds is  $58,081.10  

Explanation:

The price of the bond can be computed using the pv formula in excel as found below:

=-pv(rate,nper,pmt,fv)

rate is the yield to maturity on the bond which is 10% annually

nper is the number of  annual coupon that the bond would pay before redemption,hence a 20 year bond would pay coupon interest 20 times before it is redeemed

pmt is the annual coupon,which is 8%*$1000=$80

fv is the face value of $1,000

=-pv(10%,20,80,1000)=$ 829.73  

each bond is worth $829.73  

70 bonds=70*$829.73  = $58,081.10  

3 0
3 years ago
Which situation is an example of e-commerce?
AnnyKZ [126]

Answer:

=> A is an example of e-commerce .

=> A.Sara enjoys shopping from the comfort of her home.

Explanation:

=> E-commerce is the process of selling and buying goods and product over internet .

7 0
3 years ago
Meena Chavan​ Corp.'s computer chip production process yields DRAM chips with an average life of 2,000 hours and sigma ​= 120 ho
gtnhenbr [62]

Answer:

The correct answer is 1.25.

Explanation:

According to the scenario, the given data are as follows:

Upper specific limit = 2,600 hours

Lower specific limit = 1,700 hour

Standard deviation =120 hours

So, we can calculate the capability ratio by using following formula:

CP = (Upper specific limit  - Lower specific limit) ÷ ( 6 × deviation)

= ( 2,600 hours - 1,700 hours) ÷ ( 6 × 120 )

= 900 hours ÷ 720

= 1.25

4 0
3 years ago
Sheridan is a licensed dentist. During the first month of the operation of her business, the following events and transactions o
elena-14-01-66 [18.8K]

Journalizing the transactions during the month of April is as follows:

Journal Entries:

April 1 Debit Cash $19,000

Credit Common Stock $19,000

To record the issuance of stock for cash.

April 2 Debit Office Rent Expense $1,200

Credit Cash $1,200

To record the payment for rent expense for the month.

April 3 Debit Dental Supplies $4,900

Credit Accounts Payable (Dazzle Company) $4,900

To record the purchase of supplies on account.

April 10 Debit Accounts Receivable $5,100

Credit Service Revenue $5,100

To record the services performed on account.

April 11 Debit Cash $1,300

Credit Deferred Revenue (Leah Mataruka) $1,300

To record cash received in advance for an implant.

April 20 Debit Cash $2,700

Credit Service Revenue $2,700

To record receipt of cash for services performed.

April 30 Debit Salary Expense $2,800

Credit Cash $2,800

To record the payment of salary for the month.

April 30 Debit Accounts Payable (Dazzle Company) $3,140

Credit Cash $3,140

To record payment on account.

Data Analysis:

April 1 Cash $19,000 Common Stock $19,000

April 1 Hired a secretary-receptionist at a salary of $700 per week payable monthly.

April 2 Office Rent Expense $1,200 Cash $1,200

April 3 Dental Supplies $4,900 Accounts Payable (Dazzle Company) $4,900

April 10 Accounts Receivable $5,100 Service Revenue $5,100

April 11 Cash $1,300 Deferred Revenue (Leah Mataruka) $1,300

April 20 Cash $2,700 Service Revenue $2,700

April 30 Salary Expense $2,800 Cash $2,800

April 30 Accounts Payable (Dazzle Company) $3,140 Cash $3,140

Read more about recording journal entries at brainly.com/question/17201601

7 0
3 years ago
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