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patriot [66]
3 years ago
7

An economic system that allows indivduals to pursue their own interests without undue

Business
1 answer:
Kay [80]3 years ago
8 0

Answer:

a. private enterprise

Explanation:

Economics systems can be categorized as;

  • Command or planned economic systems
  • Mixed economies
  • Market or free enterprise economies

The market or free enterprise economy is also the private enterprise economy. This economic system has the private sector as the primary producers of goods and services. The government does not interfere with economic activities.

In the private enterprise economy, private firms and individuals have the freedom to start and operate a business of their preferences. The government does not regulate the production, distribution, or prices of products. The private sector engages in business activities that will generate maximum profits for them.

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3. What is expressed in decimal form?<br>a. 0.58<br>b. 5.8<br>c. 1.6<br>d. 625​
inessss [21]

Answer:

0.58

Explanation:

because after decimal point there will be two numbers

5 0
3 years ago
Duffert Industries has total assets of $1,080,000 and total current liabilities (consisting only of accounts payable and accrual
iris [78.8K]

Answer:

ROIC is 9.26%

ROE is 12.63%

Explanation:

According to the given data we have the following:

Total assets = $1,080,000

Total liabilities = Current liabilities + Debt + Common equity = $1,080,000

D/(D + E) = 0.40

D / ($1,080,000 - 100,000) = 0.40

D = $392,000

Common equity = Total liabilities - Current liabilities - Debt = $1,080,000 - 100,000 - 392,000= $588,000

BEP = 0.15 = EBIT/TA

= EBIT/$1,080,000

Therefore, EBIT = $162,000

In order to calculate the ROIC we would have to make the following calculation:

ROIC = [EBIT(1 – T)]/(D + E) = [$151,200(0.6)]/($392,000 + $588,000) = 9.26%

ROIC is 9.26%

To calculate the ROE we would have to calculate first net income from income statement as follows:

EBIT=$151,200

Less: Interest ($392,000 x 7%) 27,440

EBT= 123,760

Less: Tax 40% 49,504

Net Income= 74,256

Therefore, ROE = NI/E = $74,256/$588,000 = 12.63%

ROE is 12.63%

6 0
3 years ago
Which of the following describes the product portfolio under Amina? a. Sleekline-question mark, Stallion-star, Thunderbird-cash
Serhud [2]

Complete Question:

Amina Begum the Vice President (Sales) of MGT 460 Inc. manages a portfolio of three products in the computer division. The new Intel M ULV 773 processor-based Sleekline model has a low market share of around 5%, but has just been introduced, and since the market is booming, Amina is hopeful that it will grow into maturity. Stallion, the Xenon-based system, has a market share of 88% in the industry segment it operates in, but the market is stable and not growing too fast. Finally, there is the Pentium 4-based Thunderbird, which only sells in discount markets in rural areas. Which of the following describes the product portfolio under Amina?

A. Sleekline-question mark, Stallion-star, Thunderbird-cash cow

B. Sleekline-question mark, Stallion-cash cow, Thunderbird- dog

C. Sleekline-Star, Stallion-cash cow, Thunderbird-dog

D. Sleekline-question mark, Stallion-dog, Thunderbird-cash cow

Answer:

Option B. Sleekline - Question mark, Stallion - cash cow, Thunderbird - dog

Explanation:

The Boston Consulting Group matrix says that question mark is the business unit that has just been introduced and the future of the company is unknown which is the case of Sleekline.

The Cash Cow is the company has significant market share and its growth is static due to the maturity phase of the market which is the case of Stallion.

The Dog is the company that has declining market share and will be out of the market because they don't have significant resources as well and in this question the Thunderbird is the one with falling sales and lower resources due to the fall in the resources.

6 0
3 years ago
Read 2 more answers
Read Case Study 5:2 Gas or Grouse? in Chapter 5 of your textbook Business Ethics Concepts &amp; Cases (8th Edition) by Manuel G.
wolverine [178]

Answer:

1-b

2-d

3-a

4-d

5-a

Explanation:

8 0
3 years ago
The prepaid insurance account had a beginning balance of $4,500 and was debited for $16,600 of premiums paid during the year. Jo
trasher [3.6K]

Answer:

prepaid expense 15,500 debit

prepaid insurance 15,500 credit

Explanation:

<em>The amount of unexpired insurance will be the ending balance of the account</em>

4,500 debit

+ 16,600 premium paid

+/- adjustment

5,600 ending

4,500 + 16,600 - 5,600 = 15,500

8 0
3 years ago
Read 2 more answers
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