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2 years ago

What is the economic theory that is the opposite of capitalism? Answer command economy market economy socialism competition

1 answer:

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A command economy would be an economic system that is the opposite of capitalism. A command economy could exist in a socialist system as well, whereby the state controls major businesses in an economy and provides close economic planning for a country's industries rather than allowing private ownership and free markets under capitalism.

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What are the positive feedbacks for NEWS ANCHORS?

Alisiya [41]

Answer:

Excellent verbal, written, improvisational, and interviewing skills are imperative. Add to those qualities persistence and objectivity, physical stamina, being a team player, projecting a professional image, and having a knowledge of social media. News anchors also need to be able to think on their feet.

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2 years ago

Country A had a population of 2,000, of whom 1,300 worked an average of 8 hours a day and had a productivity of 5. Country B had

SpyIntel [72]

Answer:

Country

c. B had the higher level of real GDP and Country A had the higher level of real GDP per person

Explanation:

Country A's population 2,000, worked 1,300 with 8 hours a day with a productivity of 5 = 52,000 units of something produced. GDP per capita = 52,000 / 2,000 = 26 per capita

Country B's population 2,500, worked 1,700 with 8 hours a day with a productivity of 4 = 54,400 units of something produced. GDP per capita = 54,400 / 2,500 = 21.76 per capita

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2 years ago

The following is the ending balances of accounts at December 31, 2018 for the Weismuller Publishing Company.

Crazy boy [7]

Answer:

Weismuller Publishing Company

A Classified Balance Sheet at December 31, 2018

Assets:

Current Assets:

Cash $77,000

Accounts Receivable 172,000

less allowance 22,000 150,000

Investments 152,000

Inventories 291,000

Prepaid Expenses 94,000 $764,000

Long-term Assets:

Prepaid Expenses 66,000

Machinery & Equipment 332,000

less Accumulated Depr. 116,000 216,000 $282,000

Total Assets $1,046,000

Current Liabilities:

Accounts payable $66,000

Interest payable 26,000

Deferred revenue 86,000

Taxes payable 36,000

Notes payable:

Six months 46,000

One year 26,000 72,000 $286,000

Long-term Liabilities:

Notes payable:

Two or more years 52,000

Six years 106,000 $158,000

Total Liabilities $444,000

Equity:

Authorized Common Stock, 700,000 shares

Issued Common Stock $406,000

Retained Earnings 196,000 $602,000

Total Liabilities + Equity $1,046,000

Explanation:

a) Prepaid Expenses are classified as follows:

Current Assets: $160,000 - $66,000 = $94,000

Long-Term Assets = $66,000 ($132,000/2)

Since a year's lease is due in the next year.

b) Investments are classified as current because they include treasury bills maturing on January 30, 2019, and marketable securities saleable next year.

c) Deferred Revenue is a current liability.

d) The classifications of notes payable are indicated in the balance sheet.

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2 years ago

Why is it important to not let slides distract from you

Art [367]

Answer:

because they are fun and if you get distracted you don't want to finish what you are doing

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2 years ago

Read 2 more answers

In what accounts should the following items be classified? (a) Coins and currency. (b) U.S. Treasury (government) bonds. (c) Cer

Dimas [21]

Answer:

Explanation:

Cash: generally classify cash as a cuffent asset Cash conststs of coins, currency, and available on deposit at the bank Cash the most liquid of as*ts, is standard medium of exchange and fre basis for meas_wtng and accountmg for all other items

Cash quivalents: cash equivalents are short-term, highly liquid investments that are both readily convertible to known amount of cash.

Accounts Receivable: Receivables are clams held against customers and others for money, goods, or services

Short term investments: Investments for one year or less called as short-tem investments

Long-term assets: Long-term means more than one accounting cycle period

Items Accounts

a) Coins and currency Cash

b) U S treasury (government) bonds Cash equivalent

c) Certificate of deposit (matures in 5 months) Short term investment

d) Cash in a bank that is in receivership Account receivable.

e1) NSF check ( Returned with bank statement)(if uncollectible) A loss if uncollectible

e2) NSF check ( Returned with bank statement)(if collectible) Accounts receivables

f1) Deposited in foreign bank (exchangeability limited )(if not expendable) Other assets, if not expendable.

f2) Deposited in foreign bank (exchangeability limited )(if expendable) Cash if expendable for goods and services in a foreign country

g1) Postdated checks (if collection expected within one year) Short term investments

g2) Postdated checks (if collection expected within beyond year) long term investments

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2 years ago