Communism is a type of political and social system. Under the Communism system, all the business has public ownership and the government has control over the businesses and the overall market. Due to the government regulation and rare private involvements under this system, there is a very little incentive to work or to produce quality goods and services.
Hence the answer is <u>Communism</u>
Answer:
$15 per backpack
Explanation:
The average variable cost per of producing a backpack by using the high low method is shown below:
Variable cost per backpack = (High total cost - low total cost) ÷ (High backpack produced - low backpack produced )
= ($110,000- $87,500) ÷ (4,000 backpack produced - 2,500 backpack produced )
= $22,500 ÷ 1,500 backpack produced
= $15 per backpack
<span>Constructive criticism encourages growth and learning by being positive and encouraging, offering solutions to problems, targeting specific areas for improvement and by being expressed only in private.</span>
Answer:
A. 6,86%
Explanation:
We use the formula present value to future value and we clear the interest:
Present value(PV)=future value (FV)/ (1+interest(i))^number of periods(n)
PV=FV/(1+i)^n
(1+i)^n=FV/PV
(1+i)=(FV/PV)^(1/n)
i=((FV/PV)^(1/n))-1
For this problem:
i=(($17,000/$10,000)^(1/8))-1
i=0,6857
i= 6,86%
Answer:
c. protect lessees against lessors who abuse leased assets.
Explanation:
The residual value guarantee may be defined as a guarantee that is made to the lessor where the value of an underlying asset will become at least some specified amount at the end of the lease. The guarantee is given by the party unrelated to a lessor.
The residual value guarantee provides to protect the lessor against the lessees who tries to abuse the leased assets. It does not protect the lessees against the lessors.