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3 years ago

Low-income countries have cultures that value ________

1 answer:

8 0

Low-income countries have cultures that value economic survival. These type of countries do not have a lot of high paying jobs and the job market is very unstable, so citizens find it imperative to have enough income to survive. These types of countries do not have much in the way of entertainment culture or pop culture, due to people having so little extra money to spend on both.

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Steve's Outdoor Company purchased a new delivery van on January 1 for $45,000 plus $3,800 in sales tax. The company paid $12,800

gizmo_the_mogwai [7]

Answer:

a. Compute the acquisition cost of the van.

van's basis = $45,000 (the van) + $3,800 (sales tax) + $700 (logo) = $49,500

When you purchase an asset, its basis must include the cost of the asset, any freight costs, taxes associated with the sale, any applicable insurance expense, installation costs and or any modifications necessary.

b. Compute the depreciation expense to be reported for Year 1.

depreciable value = $49,500 - $4,500 = $45,000

depreciation expense per year = $45,000 / 5 = $9,000

December 31, 202x, depreciation expense

Dr Deprecation expense 9,000

Cr Accumulated depreciation: van 9,000

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3 years ago

When the output of the collective farms and private plots were compared?

-Dominant- [34]

The private plots were more productive
In collective farms, the land and the operations are mostly owned by the states.
This situation created lack of competition, which demotivates the farm's operators to increase the quality of the farms.
This will lead to private plots gaining more incentives to create a better output from their farms.

5 0

3 years ago

As the required skills sets are basically the same between workers and all levels of managers, a carefully designed set of inter

vagabundo [1.1K]

Answer:

The correct answer is letter "A": True.

Explanation:

Recruitment evaluations are typically designed to gauge the skills, knowledge, and expertise of applicants. Most of the time, they are created considering the different types of tasks employees have within the organization and their hierarchy in the firm.

However, if those evaluations are schemed to require the same set of skills for managers and lower hierarchy employees, the tests are likely to help evaluate applicants for different positions under the same parameters.

8 0

3 years ago

Discuss which financial management practices are least effective in creating and monitoring an operating budget?

insens350 [35]

The financial management practices which are least effective in creating and monitoring an operating budget include top down/bottom up budgets, poor inventorying, lack of control, over control, and lack of staff investment.

In business, financial management includes the practice of making a business plan and then ensuring that all departments which falls under it stay on track and work properly.

Creating and monitoring an operating budget for the national government involves four distinct processes which are, budget preparation, budget authorization, budget execution and accountability.

Hence, the operating budget helps in keeping track of the income and expenses in an organization.

To learn more about operating budget here:

brainly.com/question/8053842

#SPJ4

3 0

2 years ago

Lee is considering buying one of two newly-issued bonds. Bond A is a twenty-year, 7.5% coupon bond that is non-callable. Bond B

vova2212 [387]

Answer:

Multiple choices below are missing:

A) purchase Bond A

B) purchase Bond B

C) purchase neither A nor B at this time

D) negotiate a higher rate on Bond A

The correct option is A,purchase bond A.

Explanation:

By purchasing Bond A,Lee is assured interest payment of 7.5% for a period of twenty years,hence the issuer cannot call the bond if interest rate drops by 2% in order to issue a lower interest-bearing bond which would be cheaper cost-wise.

However, if Lee purchases Bond B with current coupon of 8.25%,the interest is only guaranteed for a period of two years,since the issuer has the prerogative of calling back the bond after two years should interest fall in order to issue another bond that commands lower interest rate.

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3 years ago