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kow [346]
3 years ago
6

How does a market economy operate?

Business
1 answer:
Tanya [424]3 years ago
5 0

Answer:

The principle of market economy dictates that producers and sellers of goods and services will offer them at the highest possible price that consumers are willing to pay for goods or services. When the level of supply meets the level of demand, a natural economic equilibrium is achieved.

Explanation:

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She has negotiated a sales price of $24,145 and she has a $4,000 down payment. She is eligible for the full $750 cash rebate. He
kirill [66]

Answer:

The best overall price will be the bank offer because the cash disbursement are lower. Zara is looking for the cheapest overall price, which means the less cash disbursement regardless of the interest.

Explanation:

For the dealer option we need to calculate the cuota for an annuity of 66 month at 1.9% rate which a present value of 24,145 - 4,000 = 20,145

C * \frac{1-(1+r/12)^{-time} }{rate} = PV\\

C * \frac{1-(1+0.019/12)^{-66} }{0.019/12} = 20,145\\

The cuota for the dealer will be 321.69447 = 321.69

321.69 x 66 = 21231.54 overall cash price

Bank couta will be the annuity of 48 months at 3.50%

here we are using the cash rebate so 24,145 - 4,000 - 750 = 19,395

C * \frac{1-(1+0.035/12)^{-48} }{0.035/12} = 19,395\\

Cuota from the Bank 431.01181 = 431.01

431.01 x 48 = 20688.48 overall cash price

7 0
3 years ago
Jay sold three items of business equipment for a total of $300,000. None of the equipment was appraised to determine its value.
olasank [31]

Answer:

Consider the following calculations

Explanation:

Step 1. Given information.

Asset        Cost        Adjusted Basis

--------------------------------------------------

Skidder   230,000      40,000

Driller       120,000      60,000  

Platform  620,000        0

-------------------------------------------------

Total         970,000      100,000

Step 2. Formulas needed to solve the exercise.

Allocation for each asset =  value sold * (adjusted basis / total)

Gain on sale = Sales price - Adjusted basis amount

Step 3. Calculation and Step 4. Solution.

Sales price is allocated on the basis of adjusted value.

  • Skidder = 300.000 * 40.000/100.000 = 120.000

  • Driller = 300.000*60.000/100.000 = 180.000

  • Platform = 300.000*0/100.000 = 0

Gain on sale = Sales price - Adjusted basis amount

                        = 300.000 - (40.000 + 60.000 + 0)

                        = 200.000

6 0
3 years ago
You're trying to save to buy a new $220,000 Ferrari. You have $33,000 today that can be invested at your bank. The bank pays 4.0
Flura [38]

Answer:

The answer is 48.37

Explanation:

Future value (FV) = $220,000

Present value(PV) = $33,000

Interest rate(i) = 4 percent.

Number of years(N)= ?

Using the Texas BA II Plus financial calculator:

FV = 220,000; PV = - 33,000; I/Y= 4;

CPT N= 48.37

Therefore, the number of years is 48.37 years. It will take him 48.37 years to invest $33,000 today at a 4 percent rate in order to buy the car at a cost of $220,000

3 0
3 years ago
Often, ________ are not included on all-staff memos, invited to events, or offered the same bonuses or perks offered to full-tim
CaHeK987 [17]

Answer: Part time employees

Explanation: These are employees that do a smaller amount of work than the full designated amount of time throughout the course of a typical work week. The amount of time could range from one to 20hours to some companies and one to 34 hours to others. The employees usually not included in retirement proposals of the company that hired them and also not given organized provision of medical care privileges.

4 0
4 years ago
If an intangible asset has a legal life of eight years but contractually the usefulness is limited to six years, a company will
ANTONII [103]

Answer:

The company will amortize the cost over 6 years.

Explanation:

Intangible assets which have a useful life that is either indefinite or identifiable.

The assets having identifiable useful lives, are amortized on the basis or method of straight-line over the legal or the economic life, which ever is short.

The assets having indefinite useful lives are assessed every year for the impairment. And the impairment losses need to evaluated by deducting the market value of the asset from the carrying value.

So, in this case, the asset has legal life of 8 years and on contract is 6 years, the company will amortize the asset over the 6 years as the intangible asset have identifiable useful lives, therefore, need to amortized over legal or economic life, which ever is shorter.

Hence, legal is 8 years and economic life is 6 years, so the short is 6 years.

4 0
4 years ago
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