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2 years ago

Patagonia’s mission includes a promise to help improve the environmental health of the planet.

Business

1 answer:

marishachu [46]2 years ago

7 0

Answer:

The correct answer is a) True.

Explanation:

The American Yvon Chouinard is an entrepreneur interested in ecology and developing strategies that help the environment; it is the founder of the Patagonia Inc. company, which began in 1973, which aims to promote sustainable trade.

Patagonia Inc. is responsible for marketing sports products and other products that people need but always using resources responsibly.

Through Patagonia Inc. Yvon Chouinard provides environmental groups with a percentage of his company's profits, and Mr. Chouinard also encourages other companies to join his campaign to protect and help the environment.

I hope this information can help you.

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Say that you purchase a house for $212,000 by getting a mortgage for $190,000 and paying a $22,000 down payment. If you get a 30

guapka [62]

Answer:

1) Monthly payments:

  $Payment=\$1,394.15$ 

2) Balance in ten years:

  $Balance=\$166,676.94$ 

Explanation:

1. What are the monthly payments?

The formula to compute the monthly payment of a loan is:

$Payment=Loan\times \dfrac{r(1+r)^n}{(1+r)^n-1}$

Where:

Payment is the monthly payment
r is the monthly interes rate: 8% / 12 = 0.08/12
n is the number of months: 12 × 30 = 360
Loan = $190,000

Substitute and compute:

$Payment=\$ 190,000\times \dfrac{r(1+(0.08/12))^{360}}{(1+(0.08/12))^{360}-1}$

$Payment=\$1,394.15$

2. What would the loan balance be in ten years?

There is a formula to calculate the balance in any number of years:

$Balance=Loan(1+r)^n-Payment\times \bigg[\dfrac{(1+r)^n-1}{r}\bigg]$

Substitute with n = 10 × 12 and compute:

$Balance=\$190,000(1+(0.08/12))^{(10\times 12)}-\$1,394.15\times \bigg[\dfrac{(1+(0.08/12))^{(10\times 12)}-1}{(0.08/12)}\bigg]$

$Balance=\$166,676.94$

3 0

2 years ago

Consider two neighboring island countries called Felicidad and Arcadia. They each have 4 million labor hours available per week

iragen [17]

Answer:

Felicidad 80 million Jean

Arcadie 32 million Rye

Explanation:

To know which is the best in Rye production we haveto pick the one with the least opportunity cost (the country which producing Rye decreases less the production of Jeans)

Felicidad Rye opportunity cost 20/5 = 4 Jeans

Arcadia Rye opportunity cost 16/8 = 2 jeas

Arcadie will be the country with comparative advantage for Rye as it renounce to less units of Jeans than Felicidad

The best country for jean production will be Felicidad

4m x 20 = 80m jean

The best country for Rye will be Arcadia

4m x 8 = 32m Rye

8 0

2 years ago

Northern purchased the entire business of Southern including all its assets and liabilities for $2,400,000 on December 31, 2021.

stich3 [128]

Answer:

$400,000

Explanation:

The computation of goodwill is shown below:-

Fair value of assets = $3,200,000

Fair value of liabilities = $1,200,000

Cash paid for southern = $2,400,000

Acquired Net assets = $2,000,000

Net assets acquired = Fair value of assets - Fair value of liabilities

= $3,200,000 - $1,200,000

= $2,000,000

Goodwill acquired = Cash paid for southern - Acquired Net assets

= $2,400,000 - $2,000,000

= $400,000

5 0

2 years ago

When comparing the three broad types of economic systems, it can be said that for a pure market economy to function efficiently,

Alexeev081 [22]

Answer:

These statements are correct:

In a command economy, state-owned enterprises have little incentive to control costs and be efficient.

In a command economy, the absence of competition means that state-owned enterprises do not have incentive to be efficient. This is because In command economies, these companies are most of the time monopolies who have a safer market to sell their products, because consumers lack choice.

Mixed economies were once uncommon throughout much of the world, although they are becoming more popular now.

Most economies now are mixed: in part free market economies, in part command economies. For example, in most developed countries, most sectors are left for private companies to compete, but a few areas are still directly controlled by the government, either fully or partially (for example: the healthcare sector, and education).

3 0

2 years ago

Crises that are caused by volatile international financial flows are in large part __________ advances in technology coupled wit

vekshin1

Crises that are caused by volatile international financial flows are in large part PAYMENT advances in technology coupled with GREATER openness in financial market. This is because, financial capital is very volatile and technological advances has enhanced this volatility. Lack of transparency and poor and corrupted governance can intensify the crises.

3 0

2 years ago