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s344n2d4d5 [400]
3 years ago
8

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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Three Torque Inc., a U.S.-based multinational company, allows its managers to make facilitating payments in host countries to ex
Goryan [66]

Answer:

Cultural Relativism

Explanation:

Cultural relativism basically implies that other people's values, norms and morals should be understood and respected, rather than judged, usually from the viewpoint of another culture, as the saying goes when in Rome, act like the Romans.

Therefore, Three Torque Inc. has demonstrated Cultural Relativism in deciding to respect the ethics of countries that prohibit facilitating payments.

6 0
3 years ago
Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The two companies are exactly alike
ANEK [815]

Quick ratio is 1.47.

Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The quick ratio is an indicator of a company’s short-term liquidity position and measures a company’s ability to meet its short-term obligations with its most liquid assets.

Gross Profit 72000 67000

Operating expenses and interest expense 56000 53000,

Pretax Income 2200014000

Income Tax 3000 4000

Net Income 14000 10000

Balance sheet Year? Year

cash 4000 7000

Accounts Receive ab 114000 18000

Taventory 40000 34000,

Property & Equipment 45000 36000

Total Assets 302000 97000

Current Liabilities ‘i6000 4.7000

Long term Liabilities 5000 45000

Common stock 30000 30000

Retained Earnings 1120005000

Total Liabilities & Stock holders equity 10300037000,

L. Current Ratio = Current Assets / Current Liabilities

Year? Year

Current Ratio 36347

2.Quick Ratio

‘Current Assets - Inventory / Current Liabilities

Year? Year

Quick Ratio is 1.47

2.Profit Margin = Net profit /Sales

Year? Year

Profit Margin 737% 5.99%

Learn more about quick Ratio here

brainly.com/question/25894261

#SPJ4

4 0
1 year ago
It is still customary in u.s. society for a bride to accept her husband's last name and for the bride's family to pay for the we
Ksivusya [100]
<span>The customs of a bride taking her husband's last name and her family paying for the wedding represents a patriarchal line of authority. In a patriarchal line of authority, the man is considered the head of a family and descendants trace their heritage back through his line.</span>
6 0
2 years ago
Suppose Tim spends his entire income on hot dogs and hamburgers and consumes at least some of both. Now suppose that the price o
natali 33 [55]

Answer:

D. Tim consumes more hamburgers and fewer hot dogs.

Explanation:

For his utility to remain constant, Tim will neither consume more goods in total, nor spend more money than before.

Therefore, because the price of hot dogs has risen, while the price of hamburger has remained the same, he will now buy more hamburgers and less hot dogs, because eating more hamburgers and less hot dogs will not decrease his satisfaction, it will remain the same. We can also conclude from that both fast food products are perfect substitutes for Tim.

7 0
3 years ago
Any opinion that kitkats are very good. please answer with deatal.
daser333 [38]
KitKats are probably the best candy bars ever, their crunch with the sweetness of the chocolate will leave your mouth in awe in wanting more, plus in Japan they have many more flavors than the normal American ones such as, green apple, wasabi, and strawberry.
5 0
3 years ago
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