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2 years ago

Question 1

Business

1 answer:

Alex73 [517]2 years ago

4 0

Answer:

Command

Explanation:

In the command economic model, the government determines the level of economic productions in the country. It decides what will be produced, its quantity, and the cost price. A central authority or the government owns all the factors of production.

The command economy is also the planned economy. The government plans and produces all goods and services. The private sector is not present in the command economy.

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Capital budgeting is the process of planning and controlling investments in assets that are expected to produce cash flows for o

sergij07 [2.7K]

Answer:

false

Explanation:

Capital budgeting is the process taken to evaluate and determine the profitability of an investment. capital budgeting can be done for projects that have cash flows of more than one year

capital budgeting methods include :

Net present value

internal rate of return

accounting rate of return

payback period

6 0

3 years ago

A process cost system would be used for all of the following products except computer chips. motion pictures. chemicals. soft dr

denpristay [2]

One thing that a process cost system cannot be used for from the given options is Motion pictures.

<h3>What is process costing?</h3>

This is a method of allocating cost that is based on the same item being mass-produced such that there is no discernable difference between the goods that were produced.

Motion pictures cannot be mass produced which is why they cannot use process costing, Every motion picture is unique and so something more specific is needed to apportion their cost.

Find out more on process costing at brainly.com/question/17129908

#SPJ1

5 0

1 year ago

if the interest rate on a savings account is 0.018%, approximately how much money do you need to keep in this account for 1 year

scZoUnD [109]

A = $9.99, the amount needed after 1 year
r = 0.018% = 0.00018, interest rate
n = 12, compoundings per year
t = 1, one year duration

Let P = required balance at the beginning of the year.
Then
$P(1+ \frac{r}{n} )^{nt} = A$
P(1 + 0.00018/12)¹² = 9.99
1.00018P = 9.99
P = $9.988 ≈ $9.99

Answer: $9.99

7 0

3 years ago

Audreys free-throw percentage so far this season is .875. If she makes only 13 of her next 20 free throws, her percentage will d

otez555 [7]

Answer:

245 free throws

Explanation:

x will be number of times Audreys makes a shot, and let y be total number of the shots.

x/y = .875

(x+13)/(y+20) = .860

Let solve for x in equation 1

x = .875y

We will plug the for x in the equation 2

(.875y+13)/(y+20)

= .860

.875y + 13

= .860y + 17.2

.015y = 4.2

y = 280

Audreys has taken 280 shots.

We will Plug that back into the equation 1 in order to find out how many Audreys made.

x/280 = .875

x = 245

Hence :

Audreys made 245 free throws

6 0

3 years ago

As of December 31, Plush has not recorded any insurance expense for the year. The only insurance policy it owns is the one purch

konstantin123 [22]

Answer:

Debit Insurance expense $10,000

Credit Prepaid Insurance $10,000

Being entries to recognize insurance expense for the period (August to December).

Explanation:

Given;

Insurance policy was purchased on July 10 to run for 3 years.

Cost of policy = $72,000

Start date is August 1st. As at 31 December, the policy should have been amortized for 5 months (August to December)

Monthly depreciation = $72,000/(3 × 12)

= $2,000

Total amortization between August and December = 5 × $2,000

= $10,000

Journal entries

Debit Insurance expense $10,000

Credit Prepaid Insurance $10,000

Being entries to recognize insurance expense for the period (August to December).

7 0

2 years ago