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3 years ago

A characteristic of centrally planned economies is that:

Business

1 answer:

photoshop1234 [79]3 years ago

4 0

Answer:

The correct answer is letter "B": the price is relatively unimportant in allocating resources.

Explanation:

Centrally planned economies or command economies are those managed by the government that dictates production quotas and distribution levels and determines prices. Private ownership is null in centrally planned economies since the government is the owner and distributor of land, labor, and capital.

Allocation price is irrelevant when it comes to command economies since only those vital goods such as staples are paid attention.

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Mansee Patel is doing research before opening a store specializing in traditional Indian clothing. In order to locate her target

Damm [24]

The busiest place in india so her bussiness can go all the way up in stock and in growth of money and development

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3 years ago

Read 2 more answers

Brief Exercise 10-18 Presented below is the partial bond discount amortization schedule for Whispering Winds Corp., which uses t

Anettt [7]

Answer:

interest expense 74,250 debit

discount on bonds payable 3,350 credit

cash 70,900 credit

Explanation:

Adjustment to a better display of the data:

Paid Expense Amortization Unarmotized Carrying Value

Issue Date 67,991‬ 1,356,709

1 70,900 74,250 3,350 64,641 1,353,359

2 70,900 74,435 3,535 61,106 1,349,824

To record the payment of interest and discount we will debit the interst expense

and credit the cash given along with the discount on Bonds Payble for the difference

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4 years ago

During the current year, the company had the following summarized activities:

scoray [572]

Answer:

Explanation:

4 0

3 years ago

Hagelin Co. wants to issue new 15-year bonds for some much-needed expansion projects. The company currently has 8 percent coupon

Natasha2012 [34]

Answer:

YTM 7.02%

Explanation:

we will calcualte the YTM of the current bonds to know the market rate.

Issuing the bonds at this rate will put them at par value.

The YTM is the one which mades the future coupon payment and maturity equal to the market price.

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

Coupon payment: 1,000 x 8%/2 = 40

time 30 (15 years x 2 payment)

$40 \times \frac{1-(1+r)^{-30} }{r} = PV\\$

PV coupon

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 30.00

$\frac{1000}{(1 + r)^{30} } = PV$

PV maturity 355.24

PV coupon + PV maturity = 1,090

For maths reason the only way to solve for rate is with trial and error

we can, however use excel to do it more quickly than by hand:

we write on A1 cell 0.1

en on B1 cell: =PV(A1,30,40)

on C1 cell= 1,000/power(1+A1;1/30)

on D1 =B1+C1

What we are doing is expressing the formulas on excel

then we use goal seek on D1

w e want it on 1090 cahnging the cell A1 which is the rate

this give us the semiannual rate of :

0.035100422

we multiply by 2 to get the annual rate:

0.070200843

YTM = 7.02%

we need to issue the bond at this rate.

8 0

4 years ago

All societies face a trade-off between equality and efficiency.If the United States government lowers the income taxes on the we

xenn [34]

Answer: Decrease in efficiency and decrease in equality in the united states.

Explanation: In economics the situation in which one thing cannot be improved without the other thing being hurt is called efficiency. Decreasing tax on wealthy and decreasing welfare payments will both result in decrease in efficiency in the economy as well as decreasing the equality as the wealthy will have more to save and consume and the poor ones living standard will decline further.

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4 years ago