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lyudmila [28]
4 years ago
13

What is economic planning and its objectives plz help me

Business
1 answer:
guajiro [1.7K]4 years ago
5 0

Answer:

The basic objective of planning is to exercise control over the private sector of an economy. ... When the economic resources of the country are rationally arranged with a predetermined purpose, it is called economic planning. It usually refers to planning by the State.

hope it helps

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Describe a product, and then give an example of a time when the demand for this product might be high and the demand for this pr
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3 years ago
Refer to the above cost and demand data for a pure monopolist. Suppose that this monopoly is subjected to a regulatory commissio
charle [14.2K]

Answer:

When marginal cost meet with the demand curve

Explanation:

<em>The industry will do the most efficient allocation of resources when the marignal cost met the demand curve. </em>

When that occur the cost of producing an additional unit matches the amount the consumers are willing to pay for it thus, are in equilibrium.

The government will also have to look for the marginal revenue at this point to determinate wheter or not to subsidize the monopoly or not to avoid going bankruptcy

6 0
3 years ago
Refer to the Zumba Corporation data above. Compute the current ratio: Then compute the quick ratio
charle [14.2K]

Answer:

B) 1.20

Explanation:

To find the current ratio we will divide current assets with current liabilities and find the quick ratio we just need to deduct inventory and prepaid expense from current assets in the same current ratio formula.

Data

Current assets = $7,900

Prepaid rent = $898

Inventory = $2,200

Current liabilities = $4,000

Solution

Current ratio = current asset/curremy liability

Current ratio = $7900/$4000  

Current ratio = 1.975

 

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8 0
3 years ago
INCOME STATEMENT Little Books Inc. recently reported $3 million of net income. Its EBIT was $6 million, and its tax rate was 40%
Papessa [141]

Answer:

Interest= $1000000

Explanation:

The general structure of an income statement proceeds as follow:

Revenue/Sales (+)

Cost of Goods Sold (COGS) (-)

=Gross Profit

Marketing, Advertising, and Promotion Expenses (-)

General and Administrative (G&A) Expenses (-)

=EBITDA

Depreciation & Amortization Expense (-)

=Operating Income or EBIT

Interest (-)

Other Expenses (-)

=EBT (Pre-Tax Income)

Income Taxes (-)

=Net Income

<u>In this exercise:</u>

EBIT= $6000000

interest= ?

tax=? (0,40)

EBITDA=$3000000

interest= [EBITDA/(1-t)]-EBIT

interest=3000000/0,60-6000000=-$1000000

EBIT= 6million

Interest= 1million

Tax=2million (EBIT-interest)*0,40

Net income=3million

7 0
3 years ago
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