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3 years ago

Which of the following is true about planned economies?

Business

1 answer:

daser333 [38]3 years ago

3 0

Answer:a) In a planned economy, the state owns all means of production.

Explanation:

What is a planned economy ?

A planned economy refers to a system of economy in which every power to govern the economy of the state lies on one authority mostly the government who takes decision on how the manufacturing and distribution of all teh goods and services is run within the state.

It is an opposite of market economy which is based on the decisions being takes by businesses and customers .

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A local bank sponsors a charity run that raises funds for a non-profit building wells and schools in Mali, Africa. How would the

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Answer:

The use of the bank's funds for this fundraiser would be justified when the bank's goal is to maximize profit by:

giving the bank public relations boost, thereby improving its public image.

Explanation:

The creation of publicity opportunities through this fundraiser enhances the bank's activities. Awareness of its services is created through the sponsorship. People perceive the bank as a charity-supporting organization, which cares for the welfare of the less-privileged. The fundraiser creates huge goodwill. Public relation is, therefore, critical in helping the bank to engage its diverse publics across various platforms, including the accruing intangible benefits that derivable from the seemingly unprofitable effort.

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3 years ago

Swimmers Co. operates a set of water parks with leisure facilities for families in Aqualandia. During January 20X1, Swimmers acq

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The Swimmers Co.'s Boat's value in use (net present value) is Eur 321,221.

Data and Calculations:

Pre-tax discount rate = 5% p.a., excluding inflation

Inflation rate = 2% p.a.

Inflated discount rate = 7% (5% + 2%)

Salvage value = Eur 20,000

<u>Projected cash inflows:</u>

Year Cash Inflows Discount Factor Discounted Cash flows

20X4 Eur 72,000 0.935 $67,320

20X5 Eur 69,000 0.873 60,237

20X6 Eur 64,000 0.816 52,224

20X7 Eur 59,000 0.763 45,017

20X8 Eur 52,000 0.666 34,632

20X9 Eur 45,000 0.623 28,035

20X10 Eur 38,000 0.582 22,116

20X10 Eur 20,000 0.582 11,640

Total discounted cash flows Eur 321,221

Thus, the Swimmers Co. will calculate the boat's value in use as Eur 321,221, taking into account all the discounted cash inflows.

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2 years ago

Question 38 All of the following statements regarding flextime are true EXCEPT it gives employees more personal control over tim

Vladimir79 [104]

Task conflict and interpersonal conflict are the two basic categories of intragroup conflict. Relationship conflicts entail challenges pertaining to individual ideas, attitudes, beliefs, and personality qualities, whereas task conflicts are caused by divergent objectives or an inability to satisfy the standards of the group.

Any sort of dispute involving two or more persons is referred to as interpersonal conflict. Contrasted with an intrapersonal conflict, which is an internal conflict with yourself, this is not the same thing. Interpersonal conflict, whether mild or severe, is a typical result of human contact. The conflict in a tale, which serves as the opposing force, typically falls into one of four categories: conflict with one's own nature, conflict with people, confrontation with the environment, or conflict with supernatural forces. The affiliation, connection, contact, and link between two or more individuals are all considered to constitute interpersonal relationships. There are several varieties of connections. This section emphasizes four different kinds of connections.

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1 year ago

Blanche Corporation adds materials at the end of the process in the injection department, which is the second of two stages of i

inn [45]

Answer:

The material cost of the work in process at March 31 is d. $0

Explanation:

Note: Equivalent unit of Work in process of Material is 0 as material are added at the end of process which leads to total cost of material of work in proccess = 0.

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3 years ago

The bank statement contained two bank memoranda:1. A credit of $2,242.00 for the collection for Bogalusa Company of an electroni

serious [3.7K]

Answer:

Cash 2,157 debit

bank service expense 85 debit

account receivables 2,242 credit

Explanation:

To record the bank memorand:

The collection in behalf of the firm will increase cash

The new print the checks will be considered either miscellaneuos expense or bank service expense either way, will decrease cash.

Net cash variation: 2,242 - 85 = 2,157

For the Company errors another entry will be made looking for errors between our numebrs and the bank.

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3 years ago