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2 years ago

8

Because the world is characterized by scarcity, people must choose between different uses for the resources at their disposal. I

n economics, we refer to this as:

1 answer:

jolli1 [7]2 years ago

3 0

Answer:

Allocating Resources

Explanation:This would be really long winded to explain.

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The average price of milk increased from $3.00 last year to $3.50 this year. This most likely due to:

Galina-37 [17]

The answer is: inflation

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3 years ago

The amphibians have loose fitting skin. this helps them with which of the two major challenges for transition to land?

Varvara68 [4.7K]

The loose fitting skin is one of the defining characteristic of the amphibians in which the toad, frog and almost any other creature in between belong. Some of the many useful and sophisticated purpose of this are: (1) helping with respiration, (2) prevention of hydration loss, (3) easy locomotion. This enables the animals to easily adapt to the environment once it shifts to the land from the water bodies.

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3 years ago

The skills, knowledge, and experience of an individual or group and its value to an organization refers to _____.

kirill [66]

Answer:

Human capital

refers to the economic value of the combined knowledge, experience, skills, and capabilities of employees

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3 years ago

Beckett, Inc., has no debt outstanding and a total market value of $200,000. Earnings before interest and taxes, EBIT, are proje

FrozenT [24]

Answer:

Beckett, Inc.

Earnings Per Share:

a-1. Earnings Per Share:

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Earnings per share:

Recession = $24,000/8,000 $3.00

Normal = $30,000/8,000 $3.75

Expansion = $35,400/8,000 $4.43

a-2. Percentage changes in EPS:

Recession = -$0.75/$3.75 x 100 = -20%

Expansion = $0.68/$3.75 x 100 = 18.13%

b-1. EPS after recapitalization:

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Interest at 8% $8,000 $8,000 $8,000

Earnings after interest $22,000 $27,400 $16,000

Earnings per share:

Recession = $16,000/8,000 $2.00

Normal = $22,000/8,000 $2.75

Expansion = $27,400/8,000 $3.43

b-2. Percentage changes in EPS:

Recession: -$0.75/$2.75 x 100 = -27.27%

Expansion: $0.68/$2.75 x 100 = 24.73%

Explanation:

1. Data:

Market Value = $200,000

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Issue of debt for $75,000 with 8% interest

Proceeds to repurchase shares of stock.

Outstanding shares = 8,000

Ignore taxes

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3 years ago

A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied;

GarryVolchara [31]

...... conversely, especially good weather would shift the SUPPLY CURVE TO THE RIGHT. Supply curve shifting to the right means that productivity is increased. An increase in agricultural productivity will leads to increase in supply of agricultural products which in turn will results in decrease in price for the products.

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3 years ago