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2 years ago

Which statement best describes one way businesses participate in the

Business

2 answers:

likoan [24]2 years ago

8 0

Answer:

C. Businesses create goods for product markets to sell.

Explanation:

k0ka [10]2 years ago

7 0

Answer:

Businesses create goods for product markets to sell.

Explanation:

You might be interested in

River City Recycling just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend grow

Tasya [4]

Answer:

10.34

Explanation:

This question refers to Dividend Growth Rate with respect to Stock valuation

The model estimates the dividends over a defined period based on an assumed growth rate to determine the future value of the stock.

The formular to calculating the expected value is as follows

$\frac{Dividend Amount(1+Rate)^{Years} }{Expected Return - Rate}$

Please note:

Expected return and Rate are expressed in percentage i.e divided by 100.

Fitting into the formular:

$\frac{1.15(1+0.0075)^{5} }{0.123 - 0.0075}$

The resulting answer = 10.34

6 0

2 years ago

Merck & Company reported the following from its 2016 financial statements. $ millions 2013 2014 2015 2016 Accounts receivabl

kherson [118]

Answer:

a. Compute accounts receivable gross for each year.

2013 $7,330
2014 $6,779
2015 $6,649
2016 $7,213

b. Determine the percentage of allowance to gross account receivables for each year.

2013 1.99%
2014 2.26%
2015 2.48%
2016 2.70%

c. 2013 2014 2015 2016

adjusted allowance for $173 $160 $157 $170

doubtful accounts

Balance sheet adjustments:

allowance for doubtful accounts $27 $7 -$8 -$25

accounts receivable net $7,157 $6,633 $6,476 $6,993

deferred tax liability -$9.45 -$2.45 $2.8 $8.75

retained earnings $9.45 $2.45 -$2.8 -$8.75

Income statement adjustments:

bad debt expense $27 $7 -$8 -$25

income tax expense -$9.45 -$2.45 $2.8 $8.75

net income $9.45 $2.45 -$2.8 -$8.75

Explanation:

2013 2014 2015 2016

Accounts receivable, net $7,184 $6,626 $6,484 $7,018

Allowance for doubtful accounts $146 $153 $165 $195

four year average of allowance for doubtful accounts = (1.99 + 2.26 + 2.48 + 2.7) / 4 = 2.36%

8 0

2 years ago

A dozen eggs cost $0.88 in january 1980 and $2.11 in january 2015.

Lera25 [3.4K]

Initial price = $0.88 (Jan. 1980)
Final price = $2.11 (Jan. 2015)

Change in price = $2.11 - $0.88 = $1.23
Percentage rise in price = 100(1.23/0.88) = 139.8% ≈ 140%
The average yearly rise in price = 139.8/(2015-1980) ≈ 4%

Answer:
Total percent rise in price = 140%
Average yearly rise in price = 4%

6 0

2 years ago

Ticket prices to a Kanye West concert increase from $40 to $60. As a result, ticket sales decrease from 50,000 to 40,000. The el

kramer

Answer:

Inelastic

Explanation:

Elasticity of Demand = |%Change in Demand / %Change in Price|

%Change in Demand= |(40,000 - 50,000)/50,000| = 20%

%Change in Price = |(60 - 40)/40| = 50%

Elasticity of Demand = .2/.5 = .4 or 40%

.4 < 1 so Demand is Inelastic

4 0

1 year ago

If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the s

son4ous [18]

Answer:

False.

Explanation:

The concept of "Nash equilibrium" is been by economist and also by "gamers" in game theory. Nash equilibrium is so good for making decisions and the determination of strategies.

In playing this game, the players or participants can use the pure strategy or the mixed strategy. The mixed strategy is the use of different strategies randomly.

"If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the same as the payoff from using any of the pure strategies in it".

The statement given above is FALSE because the PAYOFF WILL INCREASE IF WE ARE TO PLAY A MIXED STRATEGY.

For instance if we have a head of 1 and -1, and a tail of -1 and 1, the payoff for pure strategy is likely one or minus one but for a mixed strategy it could be zero.

8 0

2 years ago