The government has antitrust laws, which increase competition and offer patents which decrease competition. An antitrust law is a law that is bound by the federal and state government that is used to promote fair competition for consumer benefits. These laws came about so that different businesses couldn't make agreements with others to limit competition. A patent gives the rights to one person or company to be in charge of using or selling a specific item.
Calculating Effective Annual Yield
Y= (1+(r/n))^n-1
9.381% = 9.4%
Answer:
9.38%
Explanation:
effective annual yield = (1 + monthly rate)¹² - 1
where monthly rate = 9% / 12 = 0.0075
effective annual yield = (1 + 0.0075)¹² - 1 = 1.0938 - 1 = 0.0938 or 9.38%
The advantage of compound interest is that earned interest will earn more interest by itself.
Answer:
Whippet Bus lines should depreciate the bus $0.50 for every mile driven.
Explanation:
To determine the amount of money that Whippet Bus should depreciate for every mile driven, we first must find the total depreciable value of the bus:
depreciable value = purchase cost - salvage value = $101,000 - $8,000 = $93,000
Now we divide the depreciable value by the expected useful life of the bus measured in miles:
cost per unit of activity = $93,000 / 186,000 miles = $0.50 per mile
Answer:
Explanation:
When money is said to be accessible, it means that the owner can get to it quickly and easily. This means that the money is very liquid and so can be used in times of emergency.
Examples of accessible money include physical cash, short term investments and checkable deposits at banks. The owners can access these easily and quickly because they either have the money, can sell the investments pretty quickly to get money or can simply withdraw the money from their bank accounts.
Answer:
The answer is: B) He has used careless language.
Explanation:
The use of careless language is a major cause of legal problems for individuals and specially businesses.
In this case Charles admitted that some work areas were too dangerous. In case some employee has an accident in the factory, he can use the letter as proof that the working conditions were not appropriate and were dangerous for the workers.
competition
collusion
You and the other shoe store owners decide to fix your shoe prices at $60 a pair in order to maximize your profits. This is called collusion .
job qualifications.
job salaries.
health benefits.
Answer:
B
Explanation: