Compare the company profit performance and financial position with the average for the industry

In capitalism, what does competition do for consumers?

max2010maxim [7]

It keeps prices fair for consumers who are trying to buy there products.

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8 0

3 years ago

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a procyclical fiscal policy, like those of many state and local governments in the united states, tends to worsen recessions or

natima [27]

Procyclical fiscal policies, like those of many US state and local governments, have the tendency to make recessions or inflation worse.

In order to affect economic conditions, particularly macroeconomic recessions conditions, fiscal policy refers to the use of government spending and fiscal policies tax policies. These include employment, the total demand for goods and services, inflation, and economic expansion.

In order to boost demand and stimulate the economy during a recession, the government may reduce tax rates or increase spending. As an fiscal policies alternative, it might increase rates or reduce spending to slow down the economy and fight inflation.

Comparing fiscal policy to monetary policy, which is implemented by recessions central bankers rather than elected government officials, is common practice.

Learn more about fiscal policies here

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4 0

1 year ago

Attorneys' fees, entrance fees, train fares, and organization dues are all:_______

Tom [10]

Answer:

d. synonyms for price.

Explanation:

All the stated items (attorney fees, entrance fees, train fares, and organisation dues) are all prices.

Price is the amount that is paid for a particular good or service performed.

When fixing a price usually there is an offer and acceptance of the amount to be paid for goods or services.

Also payment can be made upfront like the case of train fare. While in other instances payment may be deferred as is seen in attorney fees and organisation dues.

Price can also change when one party grants concession to the other, for example loan rebate where the debtor is given price relief.

3 0

3 years ago

Duffert Industries has total assets of $1,080,000 and total current liabilities (consisting only of accounts payable and accrual

iris [78.8K]

Answer:

ROIC is 9.26%

ROE is 12.63%

Explanation:

According to the given data we have the following:

Total assets = $1,080,000

Total liabilities = Current liabilities + Debt + Common equity = $1,080,000

D/(D + E) = 0.40

D / ($1,080,000 - 100,000) = 0.40

D = $392,000

Common equity = Total liabilities - Current liabilities - Debt = $1,080,000 - 100,000 - 392,000= $588,000

BEP = 0.15 = EBIT/TA

= EBIT/$1,080,000

Therefore, EBIT = $162,000

In order to calculate the ROIC we would have to make the following calculation:

ROIC = [EBIT(1 – T)]/(D + E) = [$151,200(0.6)]/($392,000 + $588,000) = 9.26%

ROIC is 9.26%

To calculate the ROE we would have to calculate first net income from income statement as follows:

EBIT=$151,200

Less: Interest ($392,000 x 7%) 27,440

EBT= 123,760

Less: Tax 40% 49,504

Net Income= 74,256

Therefore, ROE = NI/E = $74,256/$588,000 = 12.63%

ROE is 12.63%

6 0

3 years ago

For movement along the demand curve, from an old position to a new one, the price effect is quantifiable as

elena-s [515]

Answer:

This question is incomplete, the options are missing. The options are the following:

A) The old price times the change in quantity.

B) The old price times the new quantity.

C) The new price times the change in quantity.

D) The old quantity times the change in price.

And the correct answer is the option D: The old quantity times the change in price.

Explanation:

To begin with, the name of <em>"Price Effect"</em> refers to a concept known in economics as the situation where a consumer is affected by the change in the price that a good he plans to buy staying everything else constant. This effect is quantifiable as the old quantity times the change in price when we see the representation in a graphic due to the fact that when the demand curve moves the new position will be established by that new price that have affected the consumer given the same old quantity.

4 0

3 years ago