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Georgia [21]
3 years ago
14

Henry lives in a country where the government gives many incentives to produce military goods and few incentives to produce cons

umer goods. Henry knows a more efficient way to finish his task at work and feels like sharing it with his boss. However, he has no incentive to share it. Which type of economy does Henry most likely live in?
Business
2 answers:
Afina-wow [57]3 years ago
8 0
C) mixed economy. Hope this helps
Dafna1 [17]3 years ago
8 0

Answer:

The correct answer is:  Command Economy.

Explanation:

A Command Economy is one where the government controls the economy, acting as a central planner, dictating production quotas and distribution levels, and setting prices. Such economies exist in communist or socialist states as China, North Korea, or the former Soviet Union. These economies have low to none incentives for individual planners and government workers.

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The account balances of Sentinel Travel Service for the year ended August 31, 2019, are listed below:
Yanka [14]

Answer:

Explanation:

The preparation of the report form balance sheet as of August 31, 2019 is presented below:

                                      Sentinel Travel Service

                                 Report form balance sheet

                              For the year ended August 31, 2019

Assets

Cash                                             $143,125

Account receivable                     $54,240

Supplies                                       $9,300      

Land                                             $248,000

Total assets                                 $454,665

Liabilities

Account payable                        $19,370

Owner equity

Ending capital                            $435,295

Total liabilities

And owners equity                    $454,665

The net income would be

= Fees earned - Office expense - Miscellaneous expense - Wages expense

= $774,800 - $178,205- $15,495 - $371,905

= $209,195

And, the ending capital would be

= Opening capital - withdrawn amount + net income - additional cpiatl

= $209,000 - $29,400 + $209,195 + $46,500

= $435,295

7 0
3 years ago
• Compare and contrast the characteristics of the academic and practitioners research communities and explain which audience you
Natalka [10]

Answer:

The research is aimed to reach the academics audience because the terminology, the structure of the research report and the analisys of the findings should reach academic standards, being a starting point for developing practical strategies to bring together practical inconsistancies

7 0
3 years ago
2. Chico Co. sold $4 million of 10-year bonds on December 31, 2015, with interest payable June 30 and December 31 at an annual r
Aleonysh [2.5K]

Answer:

The requirement of the question is provided below:

a.  What were the proceeds received by Chico upon the sale of the bonds?  

b.  Prepare the entry made by Chico to record the sale of the bonds on December 31, 2015.

The proceeds from the issue is $4,498,488.41

The entries are:

Dr Cash                     $4,498,488.41

Cr Bonds payable                              $4,000,000

Cr Premium on bonds payable           $498,488.41

Explanation:

The first task here is to determine the proceeds from the issue, which can be done using the present value formula in excel.

=pv(rate,nper,pmt,fv)

rate is the effective rate of 10% divided by 2,since coupon is paid twice a year.

nper is the time to maturity of 10 years multiplied by 2

pmt is the coupon payment paid twice a year, that is :12%/2*$4000,000=$240,000

fv is the value expected by investors upon redemption that is $4 million

=-pv(5%,20,240000,4000000)

pv=$4,498,488.41

5 0
3 years ago
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While business plans are designed to change, a company’s mission statement should remain the same.
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Answer:

I believe that the answer would be true

Explanation:

4 0
3 years ago
__________ buy raw materials and parts that they reprocess into the finished goods they sell. Retailers Wholesalers Manufacturer
Luda [366]
Adepression is aperiod of slow economic activity n busineses decrease production
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