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inessss [21]
3 years ago
7

Need help with these.

Business
2 answers:
oee [108]3 years ago
7 0
1. Labor is an unlimited resource.
False
2. In economic terms, “land” refers only to physical plots of ground. False
3. While we talk about the stock market as if it were one big entity, the reality is that there are many stock markets around the world. True
<span>4. A share of ownership in a company is known as which of the following? <span>Bond.

Thank you for posting your question. I hope this answer helped you. Let me know if you need more help. 
</span></span>
Vsevolod [243]3 years ago
3 0

<span>1. Labor is an unlimited resource. False <span>Labor is a limited resource because if people stop working or a machine stops producing then labor will run out. If labor stops, it is a limited resource. </span></span>

<span>2. In economic terms, “land” refers only to physical plots of ground. False <span>Within economics, land refers to land, labor and capital. All three components are necessary when referring to classical economics. Within modern economics, land refers to all products that come from nature, not just the physical plots of ground. </span></span>

<span>3. While we talk about the stock market as if it were one big entity, the reality is that there are many stock markets around the world. True <span>Different countries have their own stock market that is relevant to products they create. A stock market shows the aggregation of buyers and sellers of stocks in which they represent different businesses in the form of stocks or securities. </span></span>

<span>4. A share of ownership in a company is known as which of the following? Stock. <span>A stock is ownership stakes that individuals have within a company or cooperation. If the company is doing well, their stock holders will make money because they are shares of the company.</span></span>

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AIS documentation is useful for accomplishing all of the following except:
Nataliya [291]

Answer:

E) Assuring that the company is profitable

Explanation:

Accounting processes are not meant to ensure that a company is profitable or not, they are meant to report the actual state of a company, not the desired one. If the company is profitable, then accounting should report that, if the company is losing money, then accounting should report that instead.

Accounting information system (AIS) documentation refers to the process by which accounting and financial data flows are traced.

6 0
3 years ago
Scotch Inc. arranged a $7,000,000 revolving credit agreement with a group of banks. The firm paid an annual commitment fee of 0.
baherus [9]

Answer:

$575,000

Explanation:

Data provided:

The total amount for the credit agreement = $7,000,000

The amount borrowed by the firm = $6,000,000

The annual commitment fee for the unused balance = 0.5%

Prime rate of interest = 8%

Interest paid above the prime rate = 1.5%

Now,

the unused amount = $7,000,000 - $6,000,000 = $1,000,000

The amount of commitment fees paid

= total unused amount × Annual commitment fees

= $1,000,000 × 0.005

= $5000

Total interest paid on the borrowed amount

= Amount borrowed × (prime rate + additional rate)

= $6,000,000 × ( 0.08 + 0.015)

= $6,000,000 × 0.095

= $570,000

Hence,

the total dollar annual cost of the revolver

=  interest paid on the borrowed amount + amount of commitment fees paid

= $570,000 + $5000

= $575,000

4 0
3 years ago
Red Bison Petroleum Producers Group is expected to generate $140,000,000 in net income over the next year. Red Bison Petroleum P
pashok25 [27]

Answer:

Detailed solution is given below:

6 0
3 years ago
"Water and Power Co. is a small company and is considering a project that will require $650,000 in assets. The project will be f
musickatia [10]

Answer:

The answer is =16.7%

Explanation:

Earnings before interest and taxes(EBIT) = $145,000

Tax rate is 25%

Therefore, the applicable tax rate on the earnings is 100% - 25% = 75%

So the Net income is 0.75 x $145,000

Net income = $108,750

The project is financed by 100percent equity and the cost is $650,000.

ROE(Return on Equity) = net income/equity

$108,750/$650,000

=16.7%

7 0
3 years ago
A local candidate running for office would very much like to have your vote. She promises that she will "make the country better
tia_tia [17]

Answer:

Something to exchange is missing

Explanation:

Marketing is the term which is defined as the procedure of interesting the potential customers as well as clients in the products and the services. The process of marketing involves the distributing, promoting, researching and selling the products and services.

So, in the process of marketing there is exchange process which take place among the client and the company.

In this case, the marketing will not happen or occur in this condition or situation as there is nothing to exchange or exchange is missing.

5 0
3 years ago
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