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4 years ago

What eventually happens to non-market “command” economies?

Business

1 answer:

worty [1.4K]4 years ago

7 0

Answer:

From the historical references, we can say that the two leading command economies of the world, China and the Soviet Union both made the transition to the mixed economy.

Explanation:

A command economy refers to the economic system where all significant facets of the economy and economic production are controlled by the Government. In the command economy, it is the government that makes the decision of what to produce, how to produce, and how to distribute the manufactured products and services within the economy. It establishes a very dominant government which restricts the rights of its citizen to seek economic goals. It inevitably creates an environment in which governments will expand their influence over certain aspects of human life. Most command economies, including the Soviet Union, started making the transition to a mixed economy from the 1980s onward. This entailed a privatization process and price deregulation.

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Bhat and Cho do business as Data Security, a partnership. In most states, for the purposes of collecting judgments and having ac

AnnZ [28]

The fact that the business that Bhat and Cho do as Data Security, means that for the purpose of collecting judgements and having accounting performed, most states would treat the firm as an <u>independent entity.</u>

<h3>What is an independent entity?</h3><h3 />

An independent entity is one that does not get counted along with the assets of its owners or partners. In other words, it is independent of the affairs of its owners and is treated as having its own identity.

In this case, the Data Security partnership that Bhat and Cho have will be treated as a separate entity from them which makes it an independent entity.

This is purely for the purpose of collecting judgement and having proper accounting records kept. And even at that, not all states in the United States will require this.

In conclusion, this is an independent entity.

Find out more types of entities at brainly.com/question/9993254

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2 years ago

The following information pertains to Sunland Company. Assume that all balance sheet amounts represent average balance figures.

IrinaK [193]

Answer:

the Return On COmmon Stockholders Equity is 16.78%

Explanation:

The computation of the return on the common stockholder equity ratio is shown below;

Return On Common Stockholders Equity is

= (Net Income - Preferred Dividend ) ÷ Average Common Stockholders Equity

= ($29,500 - $7,600 ) ÷ 130,500

= 16.78%

Hence, the Return On COmmon Stockholders Equity is 16.78%

7 0

3 years ago

The value of checks that have been written and disbursed but have not been deducted from the account on which they are written i

Digiron [165]

The answer would be : <span>disbursement float.

Hope this helps !

Photon</span>

4 0

4 years ago

Pollution control equipment for a pulverized coal cyclone furnace is estimated to cost $190,000 two years from now and an additi

Troyanec [42]

Answer: $250,096

Explanation:

To find out the amount that should be invested today, one should find the present values of both figures and add them up:

Interest rate should be periodically adjusted so: 8% / 2 = 4% per semi annum

No of periods should be adjusted as well.

Amount to be invested today:

$= \frac{190,000}{(1 + 0.04)^{2 * 2 periods} } + \frac{120,000}{(1 + 0.04)^{4 * 2 periods} }\\\\= \frac{190,000}{(1 + 0.04)^{4} } + \frac{120,000}{(1 + 0.04)^{8} }\\\\= 250,095.62$

= $250,096

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3 years ago

You can buy a computer with your credit card and pay for it over the course of one year. With an interest rate of 16 percent, yo

iragen [17]

Answer:

you can save $522.48 by purchasing the computer with the credit card

Explanation:

total money paid to the credit card company = $181.46 x 12 = $2,177.52

total money paid for renting the computer = $200 x 12 = $2,400, plus the final payment = $2,400 + $300 = $2,700

money saved by using the credit card = $2,700 - $2,177.52 = $522.48

6 0

3 years ago