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2 years ago

The state government offered Mike $300,000 for his family’s property, which they plan to use for building a new development.

Business

1 answer:

Fudgin [204]2 years ago

7 0

Answer:

Fifth Amendment; for non-profit purposes; is less than fair market value all around.

Explanation:

A constitution refers to a set of written laws and principles which is typically used to determine the power and authority of the government, as well as guarantee the fundamental rights of its citizens.

Basically, the Constitution accords powers to the national or federal government and these includes; enumerated or delegated, reflected, and concurrent powers.

The Fifth Amendment allows the state government to take the property as long as it is used for non-profit purposes.

However, Mike can still dispute the government’s offer if the compensation is less than fair market value all around.

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f interest rates rise but the quantity of loanable funds demanded and supplies remains constant, this implies that Group of answ

babymother [125]

Answer:

The demand and the supply of loanable funds both remained the same.

Explanation:

If the interest rates rise, but both demand and supply of loanable funds remanin constant, this means that demand and supply remained the same.

This would be a problem in the real world, because when interest rates rise, what should happen is that the supply of funds rise, while demand falls, because a rise in interest rates makes investment more expensive since interset rates are simply the price of the loanable funds.

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2 years ago

ABC owns 80 percent of XYZ Corporation’s common stock. For the current financial year, ABC and XYZ reported sales of $500,000 an

agasfer [191]

Answer:

$284,000

Explanation:

ABC Corporation

Consolidate Income Statement

For the year ended, 31 December, 20XX

Particulars ABC XYZ

Sales $500,000 320,000

Less: Expenses <u>$(280,000) $(240,000)</u>

Net Income $220,000 $80,000

Consolidated Income for the year under the proprietary theory approach for ABC corporation = $220,000 + (80,000 × 80%) = $220,000 + 64,000

= $284,000

According to the proprietary theory approach, the wholly-owned company will get the same percentage it owns the proportionate of that subsidiary company or companies.

4 0

2 years ago

cyber security systems had sales of 3,700 units at $75 per unit last year. the marketing projects of a 10 percent increase in un

jasenka [17]

Answer:

$393,162

Explanation:

Units sold last year were 3,700

the projection for this year is an increase of 10% in volume.

projected units sales for this year will be

=110% of 3,700

=1.1 x 3,700

=4,070 units

The selling price last year was $75.

projected price this year is an increase by 40%

price for this year will be 140% of $75

=140/100 x $75

=1.4 x $75

=$105

Projected sales in dollar will be sales volume x selling price

= 4070units x $105

=$427,350

Purchase return = 8% of projected sales in dollars

=8/100 x $427,350

=34,188

Net projected sales

= $427,350 - $34,188

=$393,162

6 0

2 years ago

In making decisions for commercial janitorial & maintenance services, inc., isaiah uses a cost-benefit analysis. this analys

harkovskaia [24]

<span>The cost-benefit analysis Isaiah used is part of a systematic approach, a process where business decisions are analysed. In this case, the benefits acquired from using the commercial janitorial and maintenance are summed up, and the costs associated with taking their services are subtracted from it. The outcome of this analysis will help determine Isaiah if the commercial janitorial and maintenance services, inc. is financially beneficial to the company or not.</span>

3 0

2 years ago

Sweden has real GDP per capita of $50,000, while Chile has real GDP per capita of $25,000. If real GDP per capita in Sweden grow

Katyanochek1 [597]

Answer:

option (B) 35 years

Explanation:

Given:

Real per capita GDP of Sweden = $50,000

Real per capita GDP of Chile = $25,000

Growth rate of Sweden = 2%

Growth rate of Chile = 4%

As per the Rule of 70, the economy's GDP doubles in $\frac{\textup{70}}{\textup{Growth rate}}$

Therefore,

The GDP of Sweden will double in = $\frac{\textup{70}}{\textup{2}}$ = 35 years

and,

Chile will double in $\frac{\textup{70}}{\textup{4}}$ = 17.5 years

Therefore,

in 35 years the GDP of Sweden will be $100,000

and,

In 35 years the GDP of Chile will also be ($50,000 in 17.5 years and $100,000 in next 17.5 years) = $100,000

Therefore,

The real GDP per capita in the two nations to converge in 35 years

Hence,

The correct answer is option (B) 35 years

8 0

2 years ago