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3 years ago

Give one advantage and one disadvantage for a Command Economy.

Business

1 answer:

Pie3 years ago

5 0

Answer:

Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.

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Net loss can be thought of as a __________ to the Capital account. Debit Credit

xz_007 [3.2K]

Answer:

The answer is Credit.

Explanation:

Net loss can be thought of as a Credit to the Capital account.

6 0

2 years ago

Kijijo Auctions runs an online auction company. Its end-of-year financial statements indicate the following results. Total asset

katrin [286]

Answer:

40%

Explanation:

Total assets. $240,000

Less total liabilities ($130,000)

$110,000

Less common stock ($24,000)

Retained earnings at end $86,0000

Less Retained earnings at the beginning ($29,000)

Addition to retained earnings $57,000

Add dividends $6,400

Net profit earned $63,400

Add expenses $94,000

Revenue. $157,400

Therefore, company's net profit margin expressed as a percentage = Net profit earned / Revenue

= (63,400/157,400) × 100

= 40%

6 0

4 years ago

Of the types of U.S. compliance laws, there are a number of laws that are designed to provide confidence in the markets. _______

Gala2k [10]

Answer:

The correct word for the blank space is: Shareholders.

Explanation:

A Shareholder is a person company or other entity that owns at least one share of company stock. Another word for shareholder is stockholder. When a shareholder buys a company stock provide them with funds to run and grow a business. The government is in charge of providing regulations to promote a safe environment in the market to promote investments from stockholders.

5 0

3 years ago

Franklin Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b

OlgaM077 [116]

Answer:

$14,837

Explanation:

Calculation for what The adjusted cash balance should be

Bank balance$14,237

Add Deposit in transit$4,500

Less Outstanding checks ($3,900)

Adjusted bank balance$14,837

($14,237+$4,500-$3,900)

Book balance$13,162

Less Bank service fees ($50)

Add Note collected $1,725

Adjusted book balance$14,837

($13,162-$50+$1,725)

Therefore The adjusted cash balance should be:

$14,837

8 0

3 years ago

Blue Corporation has a deficit in accumulated E & P of $300,000 and has current E & P of $225,000. On July 1, Blue distr

Rufina [12.5K]

Answer:

Sam's dividend income is $225,000 and has a reduction of stock basis of $27,500

Explanation:

From the example ,

Given that,

Sam stock is =$52.500

Blue corporation has deficit in accumulated E and P which is =$300,000

Blue corporation has current E and P of = $225,000

Blue distributes $250,000 to its shareholder on July 1st

Therefore,

Blue corporation has a current E & P of $225,000, to an extent, Sam has a taxable dividend. The remaining $25,000 reduces his basis stock.

Sam has an income dividend of $225,000 and reduces his stock basis to $27,500.

6 0

4 years ago

Read 2 more answers