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Bond [772]
3 years ago
8

Sweetland is a nation that publicly supports a free market economy with private ownership of businesses. Over time, the governme

nt of Sweetland has developed policies designed to help the needy and reduce the level of income inequality. It pays for these programs by levying relatively high taxes on businesses and workers. These arrangements suggest that the economy of Sweetland is best classified as a mixed economyA. True B. False
Business
1 answer:
VLD [36.1K]3 years ago
7 0

Answer:

B. False

Explanation:

It is false at least because 3 reasons: Sweetland is not intervening in the economy by executing economic activities, all are based on private effort. Sweetland is not changing the regulatory framework to change the rules of the economy, so market forces command prices and levels of supply and demand. Sweetland is using a well recognized public function (taxes) to improve a social outcome (income inequality), that is not related to economy

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ash Flows from Investing Activities During the year, Murray Company sold equipment with a book value of $125,000 for $175,000 (o
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Answer:

Investing cash flow from current year = -$250,750. This means that the company invested $250,750 in purchasing new equipment and land during the year.

Explanation:

cash flow from investing activities = money received from the sale of assets - money spent purchasing new assets

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  • money spent purchasing new equipment = plant & equipment year 20x1 - plant & equipment year 20x2 + cost of old equipment = $1,000,000 - $1,025,000 + $225,000 = $200,000
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2 years ago
Students all year at State College, located at 11100 College Boulevard, Your City, Your State. During the year, Anthony paid $5,
valentina_108 [34]

Answer:

The answer is "$1000 and $2450"

Explanation:

In point a:

Credit of American Refundable Chance:

when 20 \% deduction is upto \$100 \ or\  40\% credit upto  \$1000i s refundable  

\to AOLC_{Anthony} =\$5000 \times 20\% = \$1000\\\\\to AOLC_{Nicole} =\$3800 \times 20\% = \$760

                                             = \$1760 \ upto \  max \ $1000

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100 \%  deduction for first \$2000 \ then  \ 25\% deduction max upto \$2500

\to AOLC_{Anthony} =\$2000 +(5000 -2000) \times 0.25 = 2750 \\\\\to AOLC_{Nicole} =\$2000 +(3800 -2000) \times 0.25 = \$2450

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