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3 years ago

For what purpose are goods and services produced in a socialist economy?

Business

2 answers:

TEA [102]3 years ago

7 0

the answer is d. to meet all consumer needs!!

hope this helps!

gizmo_the_mogwai [7]3 years ago

6 0

Answer:

Explanation:

their usefulness.

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The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Calvin, Inc., a leadi

solong [7]

Answer:

ASSETS

NON -CURRENT ASSETS

Buildings and improvements 195

Land and improvements 15

Other intangibles 1,359

Machinery, equipment, and software 418

Tools, dies, and molds 71

Accumulated depreciation (417)

Goodwill 469

Accumulated amortization (other intangibles) (819)

TOTAL NON -CURRENT ASSETS 1,291

CURRENT ASSETS

Inventories 300

Prepaid expenses and other current assets 165

Allowance for doubtful accounts (39)

Accounts receivable 641

Other noncurrent assets 210

Cash and cash equivalents 636

TOTAL CURRENT ASSETS 1,613

TOTAL ASSETS 2,904

Explanation:

Non-current assets are assets of a long term nature ,exceeding period of 12 months.

Current assets are assets of a short term nature, not exceeding a period of 12 months.

8 0

3 years ago

Many organizations are moving away from ______ because too much of it can lead to bored employees with narrow skill sets.

konstantin123 [22]

Many organizations are moving away from Specialization because too much of it can lead to bored employees with narrow skill sets.

Specialization refers to individuals and groups focusing on the restricted variety of manufacturing responsibilities they perform great. This specialization requires employees to give up performing other responsibilities at which they're not as professional, leaving those jobs to others who are higher appropriate for them.

The system of focusing one's occupational attention on a specific location of understanding. An increase in process specialization among employees can make them much less bendy because it has a tendency to lessen their capability to carry out other sorts of work inside the enterprise that fall outdoor their specific specialty. +3 -2.

An organizational structure defines how activity duties are formally divided, grouped, and coordinated. The shape of an organization normally features six exclusive factors: work specialization.

Learn more about the organization here: brainly.com/question/24448358

#SPJ4

8 0

2 years ago

Since bonds are generally considered among the safest investments, you would expect that they would _____. have low interest rat

coldgirl [10]

Since bonds are generally considered among the safest investments, you would expect that they would have lower interest rates. A bond is considered one of the safest types of investments but surprisingly even so, the interest rate to have a decent return on your investment are very good considering the safeness of the investment to begin with. Bonds are common for family and family members to give and pass down to family members to see how the money grows overtime.

5 0

4 years ago

Read 2 more answers

Difference between accounts receivable and payable

Elina [12.6K]

When a company buys something on credit it increases account payable, and when a company sells on credit it will increase their account receivable.

7 0

3 years ago

Instead of investing a lump of sum of $25000,Brittany Royer decides to svae the money in a vault for 2years. Assuming the inflat

Ipatiy [6.2K]

Answer:

$1265.63

Explanation:

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect

Loss in purchasing value = future value of the amount saved - amount saved

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value

P = Present value

R = interest rate

N = number of years

$25000 (1.025)² = $26.265.625

Amount lost = $26.265.625 - $25,000 = $1265.63

7 0

3 years ago