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3 years ago

Relationship between public and private sector in mixed economy?

Business

1 answer:

algol [13]3 years ago

3 0

Answer:

Mixed economy is referred to the economic system in which both public sector and private sector coexist. In this type of economic system, private sector as well as the state direct the economy and the means of production is shared between them.

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What type of communication has replaced many other types of communication over the years

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Texting has replaced many types of communication

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3 years ago

Read 2 more answers

Ace Bonding Company purchased merchandise inventory on account. The inventory costs $3,700 and is expected to sell for $6,400. H

snow_lady [41]

Answer:

Ace records the purchase:

Inventory 3,700 Accounts payable 3,700

Explanation:

Ace Bonding Company purchased merchandise inventory on account. The inventory costs $3,700.

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made. At that time of purchasing, the company has not sold the merchandise yet. The entry records the purchase:

Debit Inventory $3,700

Credit Accounts payable $3,700

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3 years ago

In Step 1 of developing an EFE Matrix, how many opportunities and threats should be included in the full and narrow lists, res

Svetach [21]

Answer:

Option B. 100, 20

Explanation:

The full list should not be more than 100 because we would not like to have any opportunity/threat having less than 1% contribution so The sum of percentages should be 100.

At least 20 opportunities and threats should be there in the narrow list.

4 0

3 years ago

Sheffield Corp. estimates its sales at 150000 units in the first quarter and that sales will increase by 15000 units each quarte

Varvara68 [4.7K]

Answer:

183,750

Explanation:

Data provided in the question:

Sales in the first quarter = 150,000 units

Increase in sales each quarter = 15000 units

Ending inventory = 25% of the current sales units

Now,

Ending inventory of first quarter = 25% of Units produced in the first quarter

= 0.25 × 150,000

= 37,500

Units produced in the first quarter = Sales + Ending inventory of first quarter

= 150,000 + 37,500

= 187,500

Units to be produced in the second quarter

= Sales in second quarter - Ending inventory of first quarter + Ending inventory

= [ 150,000 + 15,000 ] - 37,500 + 25% of [ 150,000 + 15,000 ]

= 165,000 - 37,500 + 41,250

= 168,750

Units to be produced in the Third quarter

= Sales in third quarter - Ending inventory of second quarter + Ending inventory

= [ 150,000 + 15,000 + 15,000 ] - 41,250 + 25% of [ 150,000 + 15,000 + 15,000 ]

= 180000 - 41,250 + 45,000

= 183,750

4 0

3 years ago

A company estimates that the revenue (in dollars) from the sale of x doghouses is given by R(x)=14,000ln(0.01x+1). Use the diffe

melamori03 [73]

Answer: The change in revenue for the sale of 1 more doghouse $ 66.67 dollars

Explanation: Differential is a function that can be used to approximate function value with a great degree of accuracy. This is done by the following.

Mathematical definition of derivative: f'(x) = lim f(x+Δx) - f(x)/Δx.

If Δx is very small:

f'(x) . Δx ≅ f(x+Δx) - f(x)

Knowing that Δy ≅ f(x+Δx) - f(x) and the diferential of variable x can be written by dx as the variable y can be dy:

dy = f'(x) dx

which means that the differential dy is approximately equal to the change Δy, if Δx is very small.

For the question, R(x) = y(x) = 14,000ln(0.01x+1)

f'(x) = $\frac{d[14,000.ln(0.01x+1)]}{dx}$

Using the chain rule, the derivative will be:

f'(x) = 14,000. $\frac{0.01}{0.01x+1}$

dy = 14,000. $\frac{0.01}{0.01x+1}$ .dx

dx is the change in x. For the question, the change is 1 (1 more doghouse) and x is 110:

dy = 14,000 $\frac{0.01}{0.01.110+1}.1$

dy = $\frac{140}{2.1}$

dy = 66.67

The change in revenue is $66.67 dollars.

5 0

3 years ago

Relationship between public and private sector in mixed economy?​

Relationship between public and private sector in mixed economy?