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3 years ago

Smithland is a nation with a traditional economy. economic decisions in smithland are based on

1 answer:

5 0

The answer is, <span>economic decisions in Smithland are based on "customs of the past".
</span>
Traditional economy refers to an original economic system or framework in which customs, traditions, and convictions help shape the merchandise and the administrations the economy produces, and additionally the principles and way of their circulation. Nations that utilize this kind of financial framework are often rural and farm-based.

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The Playa Company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). R

Zinaida [17]

Answer:

Explanation:

using the following formulars

Net purchase = (Gross Purchase) - (purchase return) - (purchase discount) + freight-in

Beginning inventory + Net purchases = cost of goods available for sales

Cost of goods sold = cost of goods available for sale - ending inventory

for 2013 we have that

beginning inventory = cost of goods available for sale - net purchases

Net purchases = 630 - 24 - 18 + 13 = 601

2013, beginning inventory = 876- 601 = 275

Ending inventory = 876 - 627 = 249

2014,

Begning inventory = closing inventory of 2013 = 249

Cost of goods available for sale = 621 + 225 = 846

Net purchase -Cost of goods available for sale - beginning inventory = 846 - 249 = 597

Gross purchase = 597 + 15 + 30 - 32 = 610

2015

Cost of good sold = 800 - 216 = 784

Net purchase = 800 - 225 = 575

purchase discount = 585 -575 - 14 + 16 = 12

4 0

3 years ago

Rick lost his job as a logistics and distribution coordinator nearly three years ago. after a long and failed search, rick fina

d1i1m1o1n [39]

<span>Rick's decision to suspend his job search causes the unemployment rate to decrease and the labor force participation rate to decrease.

In this situation the unemployment rate is decreasing because he stopped looking for a job. Only those actively seeking a job can be considered part of the unemployment rate because they have to want a job but can't find one. The labor force participation rate is also dropping because Rick is no longer employed. </span>

7 0

3 years ago

A client is trying to decide between a par value corporate bond carrying a coupon rate of 6.25% per year and a par value municip

lana66690 [7]

Answer:

Municipal bond

Explanation:

We can clearly find out which bond to select by finding their equivalent taxable yield.

DATA

Coupon rate (corporate bond) = 6.25%

Coupon rate (municipal bond) = 4.75%

Marginal income tax = 28%

Equivalent taxable yield of municipal bond = coupon / (1-tax rate)

Equivalent taxable yield of municipal bond = 4.75% / (1-0.28)

Equivalent taxable yield of municipal bond = 6.6%

Hence municipal bond must be selected having a higher equivalent taxable yield as compared to corporate bond.

4 0

3 years ago

Since 1999, which Central Asian country has been the world's largest producer of opium?

BigorU [14]

Answer:

The correct answer is: Afghanistan.

Explanation:

Afghanistan is considered the world's largest opium producer since the end of the twentieth century. Unfortunately, the proceeds of the production have mostly gone to illegal activities. It s estimated that over ninety percent (90%) of Afghanistan's opium crop goes to illicit heroin production worldwide.

5 0

4 years ago

In regards to Social Security benefits:

olga_2 [115]

Answer: c. Tax-free interest income must be included in the formula used to determine if Social Security is included in taxable income.

Explanation:

The portion of Social Security benefits that is taxed depends on how much Income the person has.

For instance, a person is charged up to 50 percent if their income is $25,000 to $34,000 for an individual.

So now how do we calculate the 'income' on which the taxation is based.

The IRS, for the purposes of determining how much you pay, treats income as a person's adjusted gross income plus NONTAXABLE INTEREST INCOME plus half of their Social Security benefits.

From the above we can see that option C is therfore correct.

6 0

3 years ago