Directions: Summarize the main ideas of the lesson by answering the questions below. Today, some politicians and economists are calling for a significantly reduced role of government in the economy.
They envision private businesses taking over some or most of the services provided by the government to its
citizens. These individuals believe that the profit motive will make provision of these services by private, for-profit
businesses far more efficient and thus less costly. What do you think? Which, if any, government services do you
think would be provided more cheaply and efficiently by a for-profit company? Explain your answer using
examples.

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection

What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage