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3 years ago

Production decision are part of what economic system ?

Business

2 answers:

Elena L [17]3 years ago

4 0

Explanation:

Its part of the command economy

labwork [276]3 years ago

3 0

Answer:

command economy

Explanation:

Production decisons are used in the command economy.I hope this helped you.

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Flanders Company purchased an asset on January 1, 2021 for $60,000. The asset has an estimated salvage value of $3,000. Its esti

emmasim [6.3K]

Answer:

$14,250

Explanation:

Annual depreciation = (Cost - Salvage value) / Useful Life

Annual depreciation = ($60,000 - $3,000) / 8

Annual depreciation = $57,000 / 8

Annual depreciation = $7,125

Accumulated dep. at December 31, 2022 = $7,125 * 2

Accumulated dep. at December 31, 2022 = $14,250

So, the balance in accumulated depreciation using the straight-line method at December 31, 2022 is $14,250.

7 0

3 years ago

g Which of the following are the three factors used to determine a company's credit rating? Its current ratio, its debt-to-equit

NISA [10]

The three factors used to determine a company’s credit rating are its current ratio, its debt-to-equity ratio, and its interest coverage ratio.

<u>Explanation:</u>

A credit rating comes in the list of the company’s annual performance targets. It helps to decide the company’s current year progress.
A company’s debt-to-equity ratio is used to know the debt of a company as compared to the total equity. If this ratio is high, the company is taking on much debt.
The current ratio marks a way to compute the liquidity of the company. It shows how well a firm is placed to meet the short term obligations. Broadly, a 2-1 ratio is considered a good ratio.
The interest coverage ratio tells how well the company may pay its future loan payments. If the ratio is higher than 3-to-1, it suggests that the company is in a good position to make future payments.

8 0

2 years ago

If a firm has a cash cycle of 30 days and an operating cycle of 64 days, what is its average payment period

elixir [45]

Answer: 34 days

Explanation:

The average payment period is a measure that is used to show the time the firm takes on average to pay its creditors.

The formula is:

Cash cycle = Operating cycle - Average payment period

30 = 64 - APP

APP + 30 = 64

APP = 64 - 30

APP = 34 days

5 0

3 years ago

Answer you are told that metal x is a better reducing agent than metal y. this must mean that:

natta225 [31]

Metal X can dispose of unwanted materials quicker and is therefore a better reactant. Please mark Brainliest!!!

5 0

3 years ago

Owen Company makes a product that sells for $61 per unit. The company pays $37 per unit for the varlable costs of the product an

DerKrebs [107]

Answer:

25%

Explanation:

the formula for the margin of safety is as follows

margin = current sales level -breakeven point/ current sales level x 100

expected sales unit = 20,000 units

the break-even point is fixed costs/contribution margin

fixed costs= $360,000

contribution margin = sales price- variable costs

=61-37

=24

breakeven point = $360,000/ 24

=15000

the margin of safety = 20,000-15,000/20,000 x 100

=5000/20000 x 100

=25%

7 0

3 years ago