Because of the law of supply and demand. If the economy needs more things to be produced and you can't produce them, then that's bad for the economy, and if you're producing way more than what can be sold then that's bad for the economy too. Being efficient is great for the economy and the GDP.
Answer: They could either use the Income and expenditure or purchases journal too.
Explanation: Because its a Yoga Studio, lots of expenses will be made and appropriate postings are to be entered on time.
Answer:
a) Property
Explanation:
A property right is the exclusive or sole authority which determines the legal ownership of tangible and intangible resources and how these resources are to be used, whether by individuals or government.
Basically, properties can either be owned by the government, an individual or business entity. Some examples of a property include cars, land, houses, machines, books, inventions, mobile phones, ideas, birds, etc.
Hence, property rights refers to a set of rights to control a tangible or intangible thing.
Answer:
the firm's cost of equity is 17.808%
Explanation:
A firm's cost of equity is the return expected by holders of Common Stock.
The Data available allows us to use the Capital Asset Pricing Model (CAPM) to determine the cost of Equity.
Cost of Equity = Risk Free Rate + Company`s Beta × Expected Return on Market Portfolio
= 2.8%+1.34×11.2%
= 17.808%
Answer:
d. 301,000
Explanation:
Given that the cost per textbook is $27, we know that the addition of variable and fixed Cost gives total cost.
We will multiply variable cost per textbook of $20 with current volume of book sold per year 43,000, which gives a total variable cost of $860,000.
Also, total cost would be 43,000 multiplied with $27 , which is $1,161,000 minus the total variable cost of $860,000 equals $301,000 which is the associated fixed cost.
