1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RoseWind [281]
3 years ago
14

In a socialist economic system, the government

Business
1 answer:
NNADVOKAT [17]3 years ago
4 0

Answer:

owns and controls many of the resources

Explanation:

Socialism, or the command system, is an economic system where the government owns and controls most of the factors of production. It decides on the allocation of resources and what products and services to avail in the market place.

The proponents of socialism advocate for,

1. Collective ownership of the factors of production through an elected central   government.

2.Social equity by eradicating citizen's economic classification.

3. Central planning of the economy.

You might be interested in
How closely should the brand and corporate image usually be related?
Kay [80]
They should be extremely close, since corporate image is what people think of your brand :)
6 0
3 years ago
Read 2 more answers
In a 1960s movie, an heiress sends out thousands of letters to shareholders in an attempt to have them vote for her and for the
Vitek1552 [10]

Answer:

The kind of corporate takeover technique implemented in the film is proxy fight.

Explanation:

A proxy fight is termed as a technique where two corporate factions ask the stakeholders for the proxy votes such that the right of voting is transferred.

In this case both the parties, the heiress as well as the opponent is asking for the right of vote from  stakeholders so that they can decide the corporate future. This is the key feature of the proxy fight and thus this is the correct option.

6 0
3 years ago
How are dividends and dividends payable reported in the financial statements prepared at december 31
Agata [3.3K]

Answer:

1. Dividends are deducted from the Statement of Retained Earnings as dividend expenses.

2. Dividends payable are reported in the Balance Sheet as current liabilities.

Explanation:

Dividends are distributions to the shareholders from earnings (income) after all expenses and taxes have been deducted from the revenue for the period.  Dividends payable are unpaid dividends, which are reported as current liabilities until they are paid for in the next accounting period.

4 0
3 years ago
John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would e
jeka94
Since their is no choices he shouldn’t never touch the money and keep adding cash it increase it over time.
8 0
3 years ago
You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments wi
polet [3.4K]

Answer:

Present value= $3,642,651.54

Explanation:

Giving the following information:

You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments will increase by 4 percent per year. The appropriate discount rate is 10 percent.

First, we need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment= 530,000

i= 0.04 + 0.10= 0.14

n= 25

FV= {530,000*[(1.14^25)-1]}/0.14

FV= 96,391,538.43

Now, we can calculate the present value:

PV= FV/(1+i)^n

PV= 96,391,538.43/ (1.14^25)

PV= $3,642,651.54

7 0
4 years ago
Other questions:
  • Manny, a calendar-year taxpayer, uses the cash method of accounting for his sole proprietorship. In late December he performed $
    11·1 answer
  • Clarence lives in Maine, which has a sales tax of 5%. He just bought a digital camera whose full price was $725, but after sendi
    7·1 answer
  • What name is given to the principal means of controlling the availability and cost of financial resources?
    8·1 answer
  • Mariah is single and has a monthly disposable income of $3,200. Her monthly cash outflow is approximately $2,800. Mariah include
    12·1 answer
  • An equipment costing $60,000 is being evaluated for a production process at Don Jones Co. The expected benefits per year is $4,5
    6·1 answer
  • Mockingbird Company expects to sell 5,200 bird perches in January and 9,500 in February for $3 each. What will be the total sale
    14·1 answer
  • A fast-food restaurant serves the student community within a university campus. The restaurant newly introduces pocket-friendly
    6·1 answer
  • Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Ama
    7·1 answer
  • Adamson Corporation is considering four average-risk projects with the following costs and rates of return:
    15·1 answer
  • Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased fr
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!