Answer:
Capitalism
Explanation:
Private individuals or firms own economic resources and control their use.
Voluntary trade is the mechanism that drives activity in a capitalist system.
The owners of resources compete with one another over consumers, who in turn, compete with other consumers over goods and services.
Explanation & answer:
Cash basis, so all monies retain same values over the years.
Let x = payback period in years
Salvage value of machine
= 48000 - 4000x
Sales
= 16000x
Total revenue after x years
R = 16000x
Expenditures over x years
C = Cost of machine + materials + depreciation
= 48000 + 8000x + 4000x
= 48000 + 12000x
For payback
R = C
16000x = 48000 +12000x
Solve for x
x = 48000/4000 = 12 years
By that time, the machine has no more salvage value.
Answer:
Copyright protection generally lasts for 70 years and protects the original expression of an idea, whether literary, artistic, commercial or otherwise. It is used to protect original works of authorship that are fixed in a tangible medium of expression.
Explanation:
Answer: 1. High Interest
2. Low Government Debt
3. Political Stability
Explanation:
Foreign Investors are Investors and investors always like to invest where there are prospects of growth and profit.
High Interest Rates give them the opportunity to invest their money in a currency that will give them a great return because a country where there are high interest rates imparts this on its currency which causes it to rise in value thereby giving currency holders a capital gain.
Another factor is Government Debt. A country with high Government debt will typically be unable to raise funds through the bond market easily. This shortage of funds can lead to inflation which devalues currency causing foreign currency investors to flee.
Finally there is the Political Factor (other factors exist). A stable country politically stands a better chance of maintaining a higher value currency that one with lower political stability. This is because political Stability attracts investors and as more investments come into a country, this reflects in its currency by making it stronger which will attract foreign currency investors.
Total equity of the company is the amount of invested plus the income generated during the year. If any dividend is paid during the year, the amount of dividend is subtracted before arriving at the ending shareholders’ equity.
Ending shareholders’ equity = Amount invested + Net Income – Dividend
= $15000 + ($35000- $23000) - $2000
= $27000
Therefore, shareholders’ equity balance would be $27,000.
