Answer: $18984.9
Explanation:
Your question isn't complete as you didn't give the interest rate. Let's assume that the interest rate is 12%.
Therefore, the present value will be:
= 3000 + 3000[1 - (1 + 0.12)^-10+1] / 0.12
= 3000 + (3000 × 5.3283)
= 3000 + 15984.9
= 18984.9
Therefore, the present value is $18984.9
Answer: credit to Additional Paid -in Capital on Preferred Stock for $28,200
Explanation:
The journal entry will be:
Debit: Cash = $500 × 83 = $41500
Credit: Preferred stock = $5000
Credit: Additional paid in capital on preferred stock = $28200
Credit: Paid in capital - Common stock warrants = $8300
Note that Additional paid in capital on preferred stock was calculated as:
Amount allocated to preferred stock = (64/64+16) × 41500 = 33200
Less: Preferred stock face value = $500 × $10 = $5000
Additional paid in capital on preferred stock = $28200
Answer: 1. A - Describe how the individual pursuit of self-interest works to promote the interest of the public as a whole
2. A- Both Adam Smith and Karl Marx believed that humans are motivated by self-interest
Explanation:
1. According to Adam Smith who is known as the father of modern economics stated in his thesis that individual's self-interest and freedom of production as well as consumption is in the best interest of the society as a whole.
Each Individual's free exchange creates signals about which goods and services are valuable. These signals will spontaneously direct competing consumers, producers, distributors, and intermediaries—each pursuing their individual plans— to fulfill the needs and desires of others.
Smith’s invisible hand became one of the primary justifications for an economic system of free market capitalism.
2. Pairing that best describes Adam Smith's view of human motivation in a market economy and Karl Marx's view of human motivation in a communist economy: Both Adam Smith and Karl Marx believed that humans are motivated by self-interest as they both believe that the economy is a capitalist economy that all its good and services are in the hands of private individuals.
Answer:
Economies of scope
Explanation:
Economies of scope -
The meaning of the term economies of scope is the reduction in the cost of a particular product due to the production of some similar product .
It refers to the situation where the marginal cost of the company or organization reduces , because of some production of the complimentary services or goods , is referred to as economics of scope .
Hence , from the given scenario of the question ,
The correct answer is Economies of scope .
Answer:
Explanation:
Given information is ,
Total influenza case count in the US was 9000000.
Total Population of US is 300000000.
Total number of deaths in the US from all causes =D = 3000000
The number of deaths from as specific virus = The number of death by influenza virus = A =45000.
We have to find the proportional mortality ratio for influenza in 2011.
Formula :
Proportional Mortality Ratio = (Number of deaths from Influenza virus) * 100 / ( Total number of deaths in the Population )
That is ,
Proportional Mortality Ratio = A/D×100
Now plugging the values = ( 45000 ) × 100 / 3000000
=4500000 / 3000000
= 1.5 %
Out of 100 people death from all causes there is 15 people who died from the influenza virus.
