All categories

3 years ago

In command economy, who makes production decisions?

Business

1 answer:

earnstyle [38]3 years ago

8 0

I think the most appropriate answer would be C.

I hope it helped you!

You might be interested in

The before-tax income for Ivanhoe Co. for 2020 was $104,000 and $81,200 for 2021. However, the accountant noted that the followi

Brilliant_brown [7]

Answer:

Corrected Income for 2020 is $ 86540 and for 2021 is $160,610

Explanation:

Ivanhoe Co.

Correction of Income for 2020 2021

The before-tax income $104,000 $81,200

1) Sales (39,000) 39000

2) Inventory (9,400) 9,400

3) Entry wrongly made 14,400 14,400

4) Correct Entry 15,680 15,680

5) Add Depreciation 860 930

Corrected Income $ 86540 $ 160,610

1) Sales are included when the purchaser gets the title . They are the liability of the seller so they will be deducted from 2020 sales and added to 2021.

2) Ending inventory is deducted from COGS as it is understated it will be deducted from 2020 income and added to the 2021 income when it becomes the opening inventory.

3) Interest was received not given so the it will be treated as revenue not expense and added to the income statement.

4) Actual interest received was ($ 240,000- $16,000)* 7% = $ 15680. So an entry for actual interest will be made.

5) Additional amount of depreciation was charged to 2020 and 2021 income statement which will be added back. 10 % of $ 8600= $ 860 for 2020 and 10% of $ 9,300= $ 930 for 2021

5 0

3 years ago

The value of an investment increases by 0.05 % each day. by what percent does it increase in a year?

iVinArrow [24]

18.25%

0.05% x 365 (days in a year)

5 0

3 years ago

Identify and describe the basic elements of a safety program

lys-0071 [83]

Hope it helps! ///////////

7 0

4 years ago

2. A fancy steakhouse in a shopping mall offers a 20% discount to employees of other stores in the mall, provided that they eat

krok68 [10]

Answer:

Different aspects to be considered:

First of all, the steakhouse probably has the most clients between 6 to 8 PM, that is why discounts are not offered during that time.

Second, the discount is offered to only a certain group, employees of other stores, because it is a promotional strategy aimed at increasing the number of clients during slow hours. Since this is a fancy place, it is probably expensive also. Most employees would not actually eat there except on a special event, e.g. birthday or anniversary dinner. Even with the 20% discount, not many of them will actually eat there.

This is something nice to offer, since a shopping mall is a close environment where a lot of different people work together, even if very few will actually take the offer. It is normal that different stores have distinct promotions for the employees that work there. It is similar to offering perks that help create a better working environment between the employees of different stores.

8 0

3 years ago

The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historic

Dmitriy789 [7]

Answer:

d) 420

Explanation:

In three-year weighted moving average with weights of 0.5, 0.3, and 0.2, the forecast can be calculated using the following formula

Forecast(This year) = 0.5*Demand(last year) + 0.3*Demand(2 years ago) + 0.2*Demand(3 years ago)

Forecast(This year) = 0.5*300 + 0.3*500 + 0.2*600

Forecast(This year) = 150 + 150 + 120

Forecast(This year) = 420

6 0

3 years ago