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QveST [7]
3 years ago
13

Item 5Item 5Chet Bowes owns his own landscaping business, including all the land on which the company grows its plants, and all

the equipment. Chet's son Josh has just graduated from college with an architectural landscaping degree. Chet hopes to retire in a few years and turn the business over to Josh, and Josh will inherit the business when Chet dies. This is an example of the ______________ in a capitalist system.
Business
1 answer:
grigory [225]3 years ago
6 0

Answer:

right to private property and inheritance

Explanation:

The capitalistic system states that individuals are allowed to own their and enjoy their own personal property. In each country laws generally subordinate the right to private property to the well being of society.  

The right to inheritance refers to the right that an individual has to decide who will own his/her properties after they pass away. Unless stated otherwise, a person's offsprings are generally entitled to inherit the person's properties.

In this case, Chet is entitled to own his landscaping business (private property) and when he passes away his son, Josh, will inherit it.

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Elite Stationary employs 20 fulltime employees and 10 trainees. Direct and indirect costs are applied on a professional laborhou
sergejj [24]

Answer:

$114,338

Explanation:

The computation of the amount that should be billed when 1,400 professional labor hours used

But before that determine the actual per hour salary and budgeted indirect cost per hour

Actual per hour salary

= Total actual salary ÷ Total actual professional hours

= ($110,000 × $20 + $30,000× 10) ÷ (60,000)

= ($2,200,000 + $300,000) ÷ (60,000)

= $41.67

And, the budgeted indirect cost per hour is

= $200,000 ÷ $50,000

= $40

Now the amount that should be billed is

= 1,400 hours × ($41.67 + $40)

= $114,338

4 0
3 years ago
The balance in the finished goods inventory account on july 1, 2006, was
11111nata11111 [884]

there really isntt an answer


4 0
3 years ago
Imprudential, Inc., has an unfunded pension liability of $800 million that must be paid in 21 years. To assess the value of the
Sunny_sXe [5.5K]

Answer:

PV= $259.89 million

Explanation:

Giving the following information:

Future Value= $800 million

Number of periods= 21 years

Relevant discount rate= 5.5 percent

<u>To calculate the present value, we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 800/1.055^21

PV= $259.89 million

5 0
3 years ago
According to the new approaches to determining the success of an expatriate's assignment, the assessment of an expatriate's succ
aev [14]

Answer:

should be Globally acceptable with Flexibility, Leadership and Patience also with almost extreme Cultural Adaptability andLanguage Skills

5 0
3 years ago
Brown Company manufactures luggage sets. Brown sells its luggage sets to department stores. Brown expects to sel 1,700 luggage s
Svetradugi [14.3K]

Answer:

sales budget for January and February are given below

Explanation:

given data

luggage sets = 1700

sell =  $180 each

luggage sets = 2050

sell = $180

to find out

sales budget for January and February

solution

                                           Sales Budget  

                                                             January                      February  

Budgeted luggage sets to be sold 1,700                         2,050  

Sales price per unit                           180                            180  

total sales                                      306000                    369000

here sale is sold Budgeted luggage × Sales price

3 0
2 years ago
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