Answer:
a job i hate becasue they pay well
Explanation:
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
On January 1, 2021, the Excel Delivery Company purchased a delivery van for $153,000. At the end of its five-year service life, it is estimated that the van will be worth $15,600.
Annual depreciation= 2*[(book value)/estimated life (years)]
Year 1= (153,000/5)*2= 61,200
Year 2= [(153,000 - 61,200)/5]*2= 36,720
Year 3= (55,080/5)*2= 22,032
Year 4= 13,219
Year 5= 7,932
Total= $141,103
Answer:
Mixed economic system
Explanation:
A mixed economy is an economy systems that combine both the attributes of capitalism and socialism. That is some of enterprises of the economy are owned and controlled by the government while the rest are left in the hands of private individuals. In some instances, both of them participate in a sector of the economy. For example, in the Nigeria's electricity sector, the federal government generates electricity while private individuals distribute it.
Further explanation for a better understanding:
Basically, there three types of economic system: capitalism, socialism and mixed economy.
Capitalism is an economic system in which the control of trade and industry is in the hands of private individuals. That is, these private individuals are the owners of means of production and the profit that may be derived from them. It believes that the government should not have any hand in running the economy but just concentrate on politics. The main characteristic of the system is that price is used in allocating the resources of the economy.
Socialism is an economic system in which the control of trade and industry of country is left in the hand of the community as a whole which is the government. That is, the means of production, distribution, and exchange are owned and controlled by the government. The main characteristic of the system is that government determines how resources are allocated in the economy.
A mixed economy combines both capitalism and socialism as explained above.
I wish you all the best.
Answer:
A is the correct option.
Explanation:
Lease payment is similar to rent which is dictated under the contract between the two parties, which grants participants the legal right for using the real estate holding computers, software and other assets for a specified period of time. The time period for paying lease payment can range a monthly basis to long lengths of 100 years or more. The lease payment is decided by factors such as assets' value, discount rates, and the lessee's credit score.
