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3 years ago

The Free enterprise system is:

Business

1 answer:

pogonyaev3 years ago

7 0

Answer:

supply and demand

Explanation:

market is not interrupted by state . there is maximum competition ideally . this doesn't always protect the consumer or the competition due to large corporations. but that's further along your studies

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Shares of Notung Cutlery Corp. closed 2010 at $75 per share. Notunghad 14.5 million shares outstanding. The assets are valued at

Kay [80]

Answer:

If you considered that outstanding shares are equal that total shares, then: market capitalization is $1.085 billions; market value added is $477.5 millions and the market-ti-book ratio is 1.78.

Explanation:

To get these numbers we calculate as follow: market capitalization = number of shares multiply by the price per share (75$ x 14.5 million); marked value added = market capitalization - (total assets - liabilities) [1.085 Bn - (1 Bn - 390 m)] ; and market-to-book ratio = market capitalization / book value (1.085bn/610m)

6 0

3 years ago

Franklin Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b

N76 [4]

Answer:

Adjusted balance = $23,387

Explanation:

Franklin Company

Bank Reconciliation statement

Bank balance as of August 31 $21,837

Add: Deposit in transit $ 7,350

$29,187

Less: Outstanding check $(5,800)

Adjusted cash balance $23,387

Cash balance as of August 31 $22,662

Add: Collection of Note receivable $ 870

$23,532

Less: Bank service charge $( 145)

Adjusted cash balance $23,387

6 0

3 years ago

A firm has a production process in which the inputs to production are perfectly substitutable in the long run. Can you tell whet

Alik [6]

Answer:

The marginal rate of technical substitution will remain constant.

Explanation:

The marginal rate of technical substitution is the rate at which an input is substituted for others. For instance, it is the rate at which the amount of labor should be decreased to increase the amount of capital.

It represents the slope of an isoquant. When the inputs are perfectly substitutable, the isoquant is a straight line. In this situation, the marginal rate of technical substitution remains the same at all the points of the isoquants. The MRTS remains constant, though further information is needed to find out if it is high or low.

8 0

3 years ago

Of money's three functions, the one that distinguishes money from other assets is:

NNADVOKAT [17]

Answer:

Medium of Exchange

Explanation:

The main function that distinguishes money from other assets is that everybody accept the money as a medium of exchange, either for our job or to buy things that we are interested.

Always through history the main function of money was to be a medium of exchange because at the begining money didn't exist so you needed to use different things, first salt, then precious metal and today money as we know.

5 0

3 years ago

Bargeron corporation has a target capital structure of 64 percent common stock, 9 percent preferred stock, and 27 percent debt.

dalvyx [7]

WACC is calculated as –

WACC = (Weight of common stock X Cost of common stock) + (Weight of preferred stock X Cost of preferred stock) + (Weight of debt X After tax cost of debt)

WACC = (64% X 13.4%) + (9% X 6.4%) + (27% X ((1- 40%)*8.1%))

WACC = 10.46%

b. After tax cost of debt is calculated as –

After tax cost of debt = (1- tax rate) X cost of debt pre-tax

After tax cost of debt = ((1- 40%)*8.1%))

After tax cost of debt = 4.86%

6 0

3 years ago