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Katyanochek1 [597]
3 years ago
10

Even if prices are fixed and competition is restricted by the government, the invisible hand will still work in the economy and

lead to economic efficiency.True/false
Business
1 answer:
photoshop1234 [79]3 years ago
8 0

Answer:

FALSE

Explanation:

If rates are not set and the government does not limit trade, the invisible hand will continue to function in the market and will result in economic output.

  • Government plays an important role in controlling prices and distribution in order to sustain a stable economy in the country.
  • To protect consumer interest, the policy has to fix the price of goods that is generally lower than the equilibrium level.

Therefore this statement is incorrect.

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The completion of separate depreciation schedules for each of the alternative depreciation methods is as follows:

<h3>a. Straight-line Method:</h3>

Year          Cost         Annual Depreciation     Accumulated      Net Book

                                                                         Depreciation          Value

Year 1     $20,000             $4,455                       $4,455            $15,545

Year 2    $20,000             $4,455                          8,910              11,090

Year 3    $20,000             $4,455                        13,365              6,535

Year 4    $20,000            $4,455                        17,820               2,180

<h3>b. Units-of-production Method:</h3>

Year          Cost         Annual Depreciation     Accumulated      Net Book

                                                                         Depreciation          Value

Year 1     $20,000             $7,128                         $7,128            $12,872

Year 2    $20,000            $5,346                         12,474               7,526

Year 3    $20,000            $3,564                        16,038               3,962

Year 4    $20,000            $1,782                         17,820               2,180

<h3>c. Double-declining-balance Method:</h3>

Year          Cost         Annual Depreciation     Accumulated      Net Book

                                                                         Depreciation          Value

Year 1     $20,000             $10,000                       $10,000         $10,000

Year 2    $20,000              $5,000                          15,000            5,000

Year 3    $20,000             $2,500                           17,500            2,500

Year 4    $20,000                $320                           17,820             2,180

<h3>Data and Calculations:</h3>

Cost of asset = $20,000

Residual value = $2,180

Depreciable amount = $17,820 ($20,000 - $2,180)

Estimated productive life = 4 years or 9,900 hours

<h3>Annual depreciation rates:</h3>

Straight-line method = $4,455 ($17,820/4)

Units-of-production Method per unit = $1.8 ($17,820/9,900)

Double-declining-balance Method rate = 50% (100/4 x 2)

Learn more about depreciation methods at brainly.com/question/25806993

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Explanation:

Expected Dividend can be found out by solving the following equation attached in the image.

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Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.  

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Which of the following choices is not an example of a common payroll deduction?
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C

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