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4 years ago

What is the difference between a traditional economy and a market economy?

Business

1 answer:

Triss [41]4 years ago

8 0

Answer:

Explanation:

A traditional economy is one which doesn't operate under a profit motive.

Instead, it emphasizes the trading and bartering of products and services that enable participants to subsist in a specific region, community and/or culture. Largely, traditional economies are a way of life in underdeveloped countries that rely more on old-fashioned economic models like farming or hunting than on newer-age modes like industry and technology.

Capitalist

Historically, these societies leverage market forces, such as supply and demand, with a strong motivation to earn a profit, to shape their economic models.

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Kaiwan, Inc., a calendar year S corporation, is partly owned by Sharrod, whose beginning stock basis is $107,500. During the yea

Anton [14]

Answer: a)$59,125 (loss)

b) $5,913 (loss)

c) $0

Explanation:

a. In calculating Sharrod's deductible loss, we can use the following formula,

= Beginning Stock + Long Term Capital Gain - Cash distribution

Calculated that would be,

= 107,500 + 16,125 - 64,500

= $59,125

Sharrod's deductible loss is $59,125

b. For Sharrod's suspended loss, the formula we will use is like in a but with an added subtraction.

= Beginning Stock + Long Term Capital Gain - Cash distribution - ordinary loss

= 107,500 + 16,125 - 64,500 - 65,038

= -$5,913

Sharrod's suspended loss is therefore $5,913

c) Sharrod's new basis is now therefore 0.

If you need any more information, do comment. Cheers.

8 0

4 years ago

Which of the following activities of the design for six sigma (DFSS) seeks to refine designs to identify and eliminate potential

s2008m [1.1K]

Answer: (B) Design optimization

Explanation:

The design optimization is the process of the design methodology in which we using the various types of optimal design for solving the designing related problems and issues in the system.

According to the given situation, the design optimization is one of the type of activity for designing the six sigma and it basically helps in achieving the high reliability and also ensure all the design are easily assembled and manufactured properly.

Therefore, Option (B) is correct.

3 0

3 years ago

In 1999, the bureau of labor statistics reported that ? died from electrocutions at work, accounting for almost ? of all on-the-

castortr0y [4]

The correct answer would be 278 and 5 percent, respectively. <span>In 1999, the bureau of labor statistics reported that 278 died from electrocutions at work, accounting for almost 5 percent of all on-the-job fatalities that year. Hope this answers the question. Have a nice day.</span>

7 0

3 years ago

The realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the

Svetach [21]

The realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the concept of (A) value co-creation.

<h3>What is value co-creation?</h3>

Simply said, value creation is the process of converting resources (whether physical such as materials, or non-physical such as time) into something of perceived value.
Car manufacturers creating vehicles, farmers planting and harvesting crops, and banks providing mortgage loans are all examples of value production.

<h3>What is value internalization?</h3>

Internalization is a term used in sociology and other social sciences to describe an individual's acceptance of a system of standards and values through socialization.

<h3>What is value integration?</h3>

Through synergistic innovation across the nexus economy, integrated value is the simultaneous construction of several 'non-financial' capitals (particularly infrastructural, technological, social, ecological, and human capital).

<h3>Solution -</h3>

As the definition of value co-creation states that value creation is the process of converting resources into something of perceived value.

Therefore, the realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the concept of (A) value co-creation.

Know more about value internalization here:

brainly.com/question/26330420

#SPJ4

4 0

2 years ago

Prepare a check stub and check using the information given here:

posledela

Answer:

Answer is explained in the explanation section below.

Explanation:

Note: This question is incomplete and lacks the figure of check to which we have to fill the requirements. However, I have found a similar check on the internet and will be solving this question accordingly.

Date: 11/05/20xx (Put current year in this, whatever it is)

To: Naples Supply

For: Supply of Goods.

Balance Brought Forward = $ 11,060.00

Amount deposited = $ 3,484.00 (is made on the Dec, 05, 20xx, as we don't know the current year)

Sub Total= $ 14,544.00 (Balance Brought Forward + Amount deposited)

Others ,

Check dishonored plus fees= $ 150.00 + $25.00 = $175.00

Sub Total= $ 14,369.00 ($14,544 - $175)

Amount issued to Naples Supply = $160.00

Balance carried Forward= $ 14,209.00 ($14,369 - $160)

Similarly,

Date: 11/05/20xx (Put current year whatever it is)

Pay to the order of: Naples Supply

Amount in words : One hundred and sixty dollars only.

For the purpose of : Supply of goods

Finally,

A sign, on the check.

4 0

3 years ago