Answer:
Mixed economic system
Explanation:
A mixed economic system is a mix between the command and market economy. In a mixed economy, the government is in charge of major means of production and in charge of regulation to ensure fairness while other businesses are privately owned.
In a command economy, it is the government that owns all the means of production.
In a free market economy, there's no government intervention and the private sector is in charge of all production decisions.
The advantages of a mixed market economy:
1. Limited government intervention in the market ensures the economy runs more efficiently.
2. Government regulation ensures that the market runs fairly.
3. Consumers have more choices on products to buy.
Answer:
$18,783
Explanation:
Ann Price loaned to Joe Kiger × Rate of Interest
Ann Price loaned to Joe Kiger$187,825
Rate of Interest 10%
Hence;
$187,825 × .10
= $18,783
Therefore amount of interest income should Ms. Price recognize in 2020 will be
$18,783
Answer:
"$224,000" is the correct solution.
Explanation:
The given values are:
Corporation purchased percentage,
= 25%
Original investment,
= $210,000
Short's net income,
= $80,000
Paid cash dividend,
= $24,000
Now,
The share of net income will be:
=
=
= ($)
The cash dividend will be:
=
=
= ($)
hence,
On December 31, 2021, the balance will be:
=
=
=
= ($)
Answer:
religion
race
Explanation:
Diversity in the workplace is a deliberate attempt to incorporate a wide range of different workers. It is an appreciation that each person or group of people is unique and has diverse characteristics. Workplace diversity results in the organization being accommodative to diverse cultures and different identities.
Workplace diversity embraces race, gender, age, sexual orientation, ethnic groups, religion, sexual orientation, and physical conditions. It also includes other unique differences between people.
As an accountant, the bill of $100 for supplied bought from Walmart shall be verified, and a journal entry shall be made where the Supplies and Inventories shall be debited, and cash shall be credited.
<h3>What is a journal entry?</h3>
A systematic manner of recording the financial transactions of an organization in a chronological way, for the purpose of maintenance of accounting records, is known as a journal entry.
In case when an organization purchases inventories or supplies for cash payment, it is an expense for them, and thus it supplies balance is debited and cash balance will be credited.
Hence, the significance of journal entry for the given transaction shall be made in the manner as given above.
Learn more about a journal entry here:
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