All categories

2 years ago

What is the role of business in a global economy?

Business

1 answer:

posledela2 years ago

5 0

Answer:

In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.

Explanation:

You might be interested in

Which fo the following debts could possibly be forgiven under Chapter 7 bankruptcy?

ahrayia [7]

The correct answer is D Mortgage

6 0

2 years ago

Read 2 more answers

You are evaluating two different silicon wafer milling machines. The Techron I costs $276,000, has a three-year life, and has pr

kramer

Answer:

Techron I

-$154,842

Techron II

-$144,981

Explanation:

Techron I

Cash Flow From Year 1 to Year 3

Pretax operating costs ($75,000)

Depreciation ($276,000 / 3) ($92,000)

Profit before tax ($167,000)

Tax (21% x $167,000) $35,070

Profit after tax ($131,930)

Add back Depreciation $92,000

Cash Flow after tax ($39,930)

Terminal Value = Salvage value - Tax = $52,000 - ($52,000 x 21%) = $41,080

NPV = ($276,000) + [ (39,930) x (1+12%)^-1] + [ (39,930) x (1+12%)^-2] + [ (39,930) x (1+12%)^-3] = ($276,000) + ($35,652) + ($31,832) + ($28,421) = ($371,905)

EAC = NPV/(1-(1+r)^-n)/r

EAC = -371,905 / ( 1 - ( 1 + 12% )^-3/12% = -$154,842

Techron II

Cash Flow From Year 1 to Year 3

Pretax operating costs ($48,000)

Depreciation ($480,000 / 5) ($96,000)

Profit before tax ($144,000)

Tax (21% x $167,000) $30,240

Profit after tax ($113,760)

Add back Depreciation $96,000

Cash Flow after tax ($17,746)

Terminal Value = Salvage value - Tax = $52,000 - ($52,000 x 21%) = $41,080

NPV = ($480,000) + [ (17,746) x (1+12%)^-1] + [ (17,746) x (1+12%)^-2] + [ (17,746) x (1+12%)^-3] = ($480,000) + ($15,845) + ($14,147) + ($12631) = ($522,623)

EAC = NPV/(1-(1+r)^-n)/r

EAC = -522,623 / ( 1 - ( 1 + 12% )^-5/12% = -$144,981

7 0

2 years ago

The controller for Clint Eastwood Co. is attempting to determine the amount of cash to be reported on its December 31, 2014, bal

NISA [10]

Answer:

The amount of $8,707,170 of cash and cash equivalents to be reported on Eastwood Co.

Explanation:

Cash reported December 31,2014 = Commercial savings account + Commercial checking account + Money market fund + Petty cash fund + Commercial paper + Currency and coin on hand

=$698,340 + $830,320 + $5,044,440 + $1,900 + $2,124,020 + $8,150

= $8,707,170

Therefore, The amount of $8,707,170 of cash and cash equivalents to be reported on Eastwood Co.

8 0

3 years ago

Bob: Listen, donuts are made to bring joy into our lives and to wake up our glazed faculties. Just let them be distributed accor

Masja [62]

Answer:

National law school of thought

Explanation:

The natural law school of thoughts refers to analyze the behavior of humans also it figured out the moral rule occurs from the behaviors.

It is inherent laws that are applied to all societies, communities, etc also it is common for all whether it is mentioned or officially announced

It should be rational and reasonable too

Therefore the given scenario represents the National law school of thought

7 0

3 years ago

A firm's marginal product of labor is 4 and its marginal product of capital is 5. If the firm adds one unit of labor but does n

marissa [1.9K]

Answer: C. use 0.8 fewer units of capital.

Explanation:

The Marginal Rate of Technical Substitution (MRTS) shows how much you can decrease capital or labor by in order to keep production constant if you increase either capital or labor.

It is calculated by the formula:

= Marginal product of labor / Marginal product of capital

= 4 / 5

= 0.8

The firm should use 0.8 fewer units of capital in order to maintain the same production level.

7 0

2 years ago