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3 years ago

Why competition in the marketplace good for the economy

1 answer:

5 0

<h3>Competition has a positive impact, not only on the well-being of consumers, but also on a country's economy as a whole.Competition bolsters the productivity and international competitiveness of the business sector and promotes dynamic markets and economic growth.</h3>

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Do the Math 3-3 Ratio Analyses Use the following balance sheet and cash flow statement information to answer the questions below

LUCKY_DIMON [66]

Answer:

Liquidity Ratio = 3.33

Asset to Debt ratio = 1.94

Debt to Income ratio = 95.57%

Debt Payments to disposable income = 36.76%

Investment assets to total assets = 23.51%

Explanation:

Liquidity Ratio = [ Liquid Assets ] ÷ [ Short Term Debt ]

= $14,000 ÷ $4,200

= 3.33

Asset to Debt ratio = [ Total Assets ] ÷ [ Total debt ]

= $319,000 ÷ $164,200

= 1.94

Debt to Income ratio = [ Total Debt ] ÷ [ (Gross Income + Disposable income -expenses) ]

= $164,000 ÷ [ ($13,000 + $6800 - $5500) × 12 ]

= 0.9557 or 0.9557 × 100% = 95.57%

Debt Payments to disposable income

= [ Long term debt payment + short term debt payment ] ÷ [ Disposable income ]

= [ $2,200 + $300 ] ÷ $6,800

= 0.3676 = 36.76%

Investment assets to total assets

= $75,000 ÷ $319,000

= 0.2351 = 23.51%

4 0

3 years ago

A homeowner could take out a 15-year mortgage at a 5.5 percent annual rate on a $195,000 mortgage amount, or she could finance t

Montano1993 [528]

Answer:

The amount of total interest over the entire mortgage period could she save by financing her home with the 15-year mortgage is $138,612

Explanation:

First find the total interest on the 30-year mortgage:

PV = 195,000

N = 360

FV = 0

I = 6.1/12 = 0.5083

195,000 = PMT × PVIFA (0.061/12, 360 months); (in excel)

PMT of 1,181.69 × 360 = 230,408;

Next find the total interest on the 15-year mortgage:

PV = 195,000

N = 180

FV = 0

I = 5.5/12 = 0.4583

195,000 = PMT × PVIFA (0.055/12, 180 months); (in excel)

PMT of 1,593.31 × 180 = 91,796;

The amount of interest saved is: $230,408.34 − $91,796.29 = $138,612.05

7 0

3 years ago

Under cash-basis accounting, if a company provides services to a customer in the current year but does not collect cash until th

PIT_PIT [208]

Answer:FALSE

Explanation:CASH BASED ACCOUNTING is an accounting that is considered only when the money payment is effected. It does not take in account cash which has not been received. In the financial statements it will only include cash received during the year or period under review. This makes it different from Accrual based accounting which also includes cash not yet received but are been expected.

3 0

3 years ago

Employees who have just been laid off are asked questions that encourage them to express hostility toward their employer. Resear

anastassius [24]

Answer:

D. increase their hostility

Explanation:

Based on the information provided within the question it can be said that the research suggests that this opportunity to vent anger will increase their hostility. This is mainly due to the fact that they will express their anger after being laid off and when that does not yield results, they will begin to feel powerless and thus increase their anger and hostility.

4 0

4 years ago

Monica consumes only goods A and B. Suppose that her marginal utility from consuming good A is equal to 0.25/Qa, and her margina

Studentka2010 [4]

Answer:

120

Explanation:

Calculation for how much of good A will she purchase

First step is to calculate Qa

1 / 0.5Qa = 1 / 4Qb

0.5Qa = 4Qb

Qa = 4 / 0.5 Qb

Qa = 8Qb

Second step is to calculate Qb

Qb = 120/8

Qb = 15

Now let calculate how much of good A will she purchase

Using this formula

Good A=Qa* Qb

Good A= 15 * 8

Good A = 120

Therefore how much of good A will she purchase is 120

3 0

3 years ago