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3 years ago

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:

Explanation:

You might be interested in

Identify the types of goods or services that indigenous(informal) bookkeeping they provide to their customers?

MArishka [77]

Informal or indigenous bookkeeping system is defined as the system where a user makes only one entry to enter a business financial transaction. This is regarded as a “single entry system”. The type of services they rovide include a daily summary of cash receipts and a monthly record of receipts and expenses.

3 0

4 years ago

Acquiring Company is considering the acquisition of Target Company in a stock for stock transaction in which Target Company woul

ad-work [718]

Answer:

1) 0.8333

2) 16,666

3) 2.33

4) 56.40

5) 2.2

Explanation:

Share Exchange Ratio = Price per share for Target Company / Market price per share for Acquiring Company = $50 / $60 = 0.8333

New shares issued by Acquiring Company = Shares of Target Company x Exchange ratio (20,000 x 0.8333) = 16,666

Total shares outstanding of the combined companies = 60,000 + 16,666 = 76,666

Post-merger EPS of the combined companies = ($150,000 + $30,000)/ 76,666 = $2.35

Pre-merger EPS of Acquiring Company = $150,000 / 60,000 = $2.50

Post-merger share price = $2.35 x 24 (pre-merger P/E = $60.00/$2.50) = $56.40

Purchase price = 50 * 20,000 = 1,000,000

Interest expense = 1,000,000 * 8% = 80,000

Post-merger earnings = 150,000 + 30,000 – 80,000 * (1-0.4) = 132,000

Therefore, Post-merger EPS of the combined companies = 132,000/60,000 = 2.2

6 0

4 years ago

Consider Frankâ€™s decision to go to college. If he goes to college, he will spend $21,000 on tuition, $1,800 on books, and $11,

alex41 [277]

Answer:

b. $42,600

Explanation:

First, we calculate the total cost of college:

$21000+1800+11000=33800$

Now, we calculate the net income she would receive, if she didn't go to the college:

$16000-7200=8800$

Finally, the opportunity cost of going to college is the result of adding the total cost of college plus the net income that she would receive if she works instead of going to college.

$33800+8800=42600$

7 0

3 years ago

After earning $30 million in net income, Rolatrim Industries distributed $5 million in dividends to their stockholders. The boar

ValentinkaMS [17]

Answer:

retained earnings

Explanation:

In simple words, Retained earnings refers to the amount from net profits left available to the company after the owners have taken out dividends. The determination to maintain the profits or disperse them to the owners is typically left mostly to administration of the company.

Although this is done by the declaration of income, the net benefit is still included both in the income statement as well as the cash flow statements. This are not paid to shareholders as dividends but are rather used for new funding back into the company..

8 0

4 years ago

Item 5Item 5 Jackson owns a condominium in Las Vegas, Nevada, and he rents it to Joanne for $1,500 per month, payable on the 1st

zloy xaker [14]

Answer:

$ 1,500

Explanation:

Expenses paid by tenants on behalf of the landlords ( taxpayer), are considered as part of the rental income. Many tenants will normally deduct the expense from their monthly rent. Landlords should declare the full amount of rent as the rental income.

The income that Jackson should report will be.

Repairs paid by Joane = $ 1,350

Rent balance paid by Joane = $150

Jackson should report =$ 1350+ $ 150

=$ 1,500

7 0

3 years ago