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Andrews [41]
3 years ago
11

What do socialism and communism have in common? Economics

Business
2 answers:
dedylja [7]3 years ago
8 0

Answer:

Both socialism and communism are essentially economic philosophies advocating public rather than private ownership, especially of the means of production, distribution and exchange of goods (i.e., making money) in a society.

elena-14-01-66 [18.8K]3 years ago
4 0

Answer:

Both socialism and communism are essentially economic philosophies advocating public rather than private ownership, especially of the means of production, distribution and exchange of goods (i.e., making money) in a society.

Explanation:

You might be interested in
If you're a manufacturer, and you want to showcase your product in a store that has a narrow but deep selection of merchandise a
lara31 [8.8K]

Answer:

specialty store

Explanation:

Based on the scenario being described within the question it can be said that for this you would most likely choose a specialty store. This refers to a retail business that focuses on very unique and specific product categories, in which everything revolves around that category. This category may be unique but offer a wide variety of product offering within it.

8 0
4 years ago
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage
Shtirlitz [24]

Answer:

a. Year 6 Forecast = 3,775

b. Mean Absolute Deviation (MAD) = 108.3

c. Year 6 Forecast = 3,780

Explanation:

Given

The miles driven during the past 5 years are as​ follows

Year 1 -- 3,100

Year 2 --- 4,050

Year 3 --- 3,450

Year 4 ---- 3,750

Year 5 --- 3,800

a. The forecast for year 6 is calculated as follows;

Using a 2 year moving average

Forecast = ½(Year 4 + Year 5)

Forecast = ½(3750 + 3800)

Forecast = ½ * 7550

Forecast = 3,775

b. Calculating the Mean Absolute Deviation (MAD), if two years moving average is used.

------------------------------2 year difference ----- Difference

Year 1 -- 3,100 ------------------------------------------

Year 2 --- 4,050 -----------------------------------------

Year 3 --- 3,450 ---- 3,575 -------- 125

Year 4 ---- 3,750 ---- 3,750 ------ 0

Year 5 --- 3,800 ----- 3,600 ------ 200

The 2-year difference column is calculated using.

Summation of previous 2 years forecast * ½

Year 1 and 2 are empty because they don't have previous 2 years.

For year 3;

2 year difference = ½ (year 1 + year 2)

= ½(3,100 + 4,050)

= ½ (7,150)

= 3,575

For year 4

2 year difference = ½ (year 2 + year 3)

= ½(4,050 + 3,750)

= ½ (7,500)

= 3,750

For year 5:

2 year difference = ½ (year 3 + year 4)

= ½(3,750 + 3,450)

= ½ (7,200)

= 3,600

Mean Absolute Deviation (MAD) = (Summation of Difference)/3

Mean Absolute Deviation (MAD) = (125 + 0 + 200)

Mean Absolute Deviation (MAD) = 325/3

Mean Absolute Deviation (MAD) = 108.3

c. for year 6 using a weighted​ 2-year moving average with weights of 0.40 and 0.60

For year 5:

Forecast = 0.4 * year 4 + 0.6 * year 5

= 0.4(3,750) + 0.6(3,800)

= 3,780

5 0
4 years ago
Natalie and Curtis have been experiencing great demand for their cookies and muffins. As a result, they are now thinking about b
lukranit [14]

Answer:

Cookie & Coffee Creations Inc.

a) Current Portion of Note Payable:

= $4,000

b) Long-term Portion of Note Payable:

= $6,000

Explanation:

Data and Calculations:

Date of Note Payable = November 1, 2017

Period = 3 years

Interest rate = 5%

Terms of payment:

Fixed principal payments = $2,000

Payment dates = May 1 and November 1

Each year's principal repayment = $4,000 ($2,000 x 2)

From November 1, 2017 to October 31, 2018 = $4,000

At October 31, 2018, Payment made = $2,000 on May 1

Remaining Note payable = $10,000 ($12,000 - $2,000)

Current Portion = $4,000 ($2,000 x 2)

Long-term Portion = $6,000

b) The current portion of $4,000 will be payable on November 1, 2018 and May 1, 2019.  The current portion represents the short-term portion of the note payable, which is the portion that will be settled within a 12-months' period.  Since Cookie & Coffee Creations Inc. had already paid $2,000 on May 1, 2018, the long-term portion will only remain $6,000 ($12,000 - $2,000 - $4,000), which is the difference between the total note payable, the portion paid on May 1, 2018, and the current portion of $4,000 that will be payable within one year.

5 0
3 years ago
Roy dies and is survived by his wife, Marge. Under Roy’s will, all of his otherwise uncommitted assets pass to Marge. Based on t
tatiyna

Answer:

Explanation:

a.) R, M and M's sister A claims equivalent tenure in timberland worth $1.2 million. Despite the fact that A completed the first price tag, military conclusion is constrained to the degree of R's offer in Timberland. So military reasoning is $0.4 million (1/3 of $1.2 million)

Therefore, R's martial deduction is $0.4 million.

b.) Living arrangement worth $900,000 is claimed by R and M as occupants by the sum with right of survivor-ship. Despite the fact that R outfitted unique buy $450,000 ($900,000/2) will be remembered for Roy's gross domain and this sum speaks to the property that is given to M for reason for martial deduction.

In this way, R's martial deduction is $450,000

c.) Insurance policy on R's life is claimed by M and payable to her as the assigned recipient. It won't be remembered for net bequest of R and arrangement measure of $1 million isn't qualified for martial deduction. This is on the grounds that, martial deduction is permitted distinctly for property that is remembered for the perished companion's gross bequest.

Therefore, R's martial deduction is $0 million

d.)Insurance policy on R's life worth $500,000 possessed by R and M as the recipient. Despite the fact that the assigned recipient for protection arrangement on R's life is M (Roy's significant other), the sum is to be remembered for R's gross domain as it is possessed by R. This sum speaks to the property that is given to M for motivations behind martial deduction

Therefore, R's martial deduction is $500 million

e.) Dissemination from qualified pension plan of $1.6 million. Whole measure of $1.6 million will be moved to R's better half and it will be qualified for martial deduction

Therefore, R's martial deduction is $1.6 million

6 0
3 years ago
The difference between situational interviews and behavioral description interviews is that: a. behavioral description interview
Sindrei [870]

Answer:

C) Situational interviews focus on hypothetical incidents rather on actual work incidents

Explanation:

situational interview give rooms to individual that is going through interview from interviewer to pass across his/ her expertise, talent as well as skills that could be used in overcoming any challenges that come with the job.

Behavior Description Interview on other hand utilize premise which goes that behavior of the past can be use in predicting the future, it uses a techniques that finds out what applicant has done in a kind similar situation in the past. It should be noted that one main difference between situational interviews and behavioral description interviews is that Situational interviews focus on hypothetical incidents rather on actual work incidents

8 0
3 years ago
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