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2 years ago

Which economic problem concerns you the most? Why?

Business

1 answer:

Brums [2.3K]2 years ago

3 0

Answer:

So, here's the big picture. The great economic problem is how to arrange our limited resources to satisfy as many of our wants as possible. Resources are not equally valuable in all uses, so we must choose where to allocate our resources in order to get the most value out of those resources.

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Supervisor: "He is going to rue missing today's training session." Why would he need to make up for missing today's training ses

sergejj [24]

Answer:

He would need to make up for missing today's training session because it is going to be a very important session that will help him a lot to improve his skills.

He would be mad about missing it because he would lose that valuable opportunity to improve his skills, as well as because he would have to make up for missing it.

He would regret missing the session for the same reason.

He tried missing today's session because he had other things on mind, more pressing tasks, the session is valuable but boring, etc.

6 0

3 years ago

Nico corporation has cost of goods sold of $300,000 and inventory of $30,000, then the inventory turnover is ________ and the av

Scrat [10]

<span>Given: -
Cost of goods sold = $300,000
Inventory = $30,000
We need to find:
1) Inventory turnover
2) Average age of inventory
Solution:
1) Inventory turnover = Cost of Goods Sold/inventory = 300,000/30,000 Inventory turnover = 10.
2) Average age of Inventory = (Inventory/Cost of Goods Sold) * 365 Average age of Inventory = (30,000/300,000) * 365 = 36.5</span>

4 0

4 years ago

You are working as a private math tutor to raise money during spring break. Assuming you want to earn as much money as possible,

maria [59]

Answer:

Assuming you want to earn as much money as possible, you should work longer hours so that you are paid more.

Explanation:

3 0

2 years ago

A company purchased a piece of equipment for $50,000 and the equipment has an expected useful life of five years. Its residual v

Simora [160]

Answer:

$12,000

Explanation:

Given that,

Cost of equipment = $50,000

Expected useful life = 5 years

Estimated residual value = $4,000

Depreciation refers to the fall in the value of fixed assets with the passage of time.

Here, we are using double-declining-balance depreciation method,

Firstly, we are calculating the straight line depreciation rate as follows:

= (100% ÷ useful life)

= (100% ÷ 5)

= 20%

So, the double-declining depreciation rate is calculated by multiplying the straight line depreciation rate by 2. It is calculated as follows:

= 2 × straight line depreciation rate

= 2 × 20%

= 40%

First year depreciation is calculated as follows:

= Double-declining depreciation rate × Cost of equipment

= 40% × $50,000

= $20,000

Therefore, the amount of depreciation expense for the second year is calculated as follows:

= Double-declining depreciation rate × (Cost of equipment - First year depreciation)

= 40% × ($50,000 - $20,000)

= 0.4 × $30,000

= $12,000

5 0

3 years ago

You are considering buying common stock in Grow On, Inc. The firm yesterday paid a dividend of $7.80. You have projected that di

Lina20 [59]

Answer:

The answer is $56.68

Explanation:

Solution

We recall that:

The firm paid a dividend of =$7.80

The projected growth of dividends is at a rate = 9.0%

The annual return = 24.0%

Now,

V = ($7.80 * (1.09)/(.24 - 0.9)

= (8.502)/(.24-0.9)

= (8.502) * (-0.66)

= $56.68

Therefore, this would be the most we would pay for the stock. If we paid less than that, our return would be above the 24%.

3 0

3 years ago