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3 years ago

11B: ? John manages a toy factory that

Business

1 answer:

Murljashka [212]3 years ago

4 0

Answer:

Command economy

Explanation:

John is probably a public officer employed by the government to manage the factory. As an employee, John has to follow his employer's directives, who happens to be the government.

In a command economy, the government controls and owns production activities in the country. It determines the goods to be produced, their quantities, and price. All the factors of production belong to the government.

This scenario describes a command economy where the government controls the production activities.

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Microhard has issued a bond with the following characteristics:

Aleks [24]

Answer:

At Yield to maturity = 11%

Price = $1,000

Explanation:

As for the provided information we have:

Par value = $1,000

Interest each year = $1,000 $\times$ 11% = $110

Effective interest rate semiannually = 11%/2 = 5.5% = 0.055

Since it is paid semiannually, interest for each single payment = $110 $\times$ 0.5 = $55 for each payment.

Time = 8 years, again for this since payments are semi annual, effective duration = 16

Price of the bond = $C \times \frac{(1 - \frac{1}{(1+i^n)}) }{i} + \frac{M}{(1 + i)^n}$

Here, C = Coupon payment = $55

i = 0.055

n = Time period = 16

M = Maturity value = Par value = $1,000

Therefore, if yield to maturity = 11% then,

P = $55 \times \frac{1 - \frac{1}{(1 + 0.055)^1^6} }{0.55} + \frac{1,000}{(1 + 0.55)^1^6}$

= $1,000

7 0

3 years ago

The company shipped merchandise valued at $100,000 F.O.B. destination on December 28, Year 3, and recorded the sale and relief o

kondor19780726 [428]

Answer:

The company must not make any adjustment entries in year x3 since the FOB means "Free on board" and at the moment the buyer delivers the goods at the port of shipment, at that time the risks of loss or damage of merchandise are transferred to the buyer from the seller

When this happens, the sale is made since the seller no longer owns the merchandise.

n this case, the seller does not own the merchandise since December 28 and has already made the corresponding records. so he should not make any adjustments.

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3 years ago

Mesia has come to you for help. For the third time this month, she has recorded a cash receipt twice. She wants you to record a

gayaneshka [121]

Answer:

Any adjustment section in the Accounts ought to be assessed and ought to be endorsed by the controller before posting it. The supporting clear archive to be delivered and held with the voucher for review reason.

Here, the case is money receipt is recorded twice, and requirements to book revising passage. Necessities to examine about the section, and need to cross check with money equalization and deals balance, Cash receipt number etc.to ensure this is a real case and ensure no fraud is occurring.

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4 years ago

Which set of changes is definitely predicted to lower real gdp in the short run?

Tatiana [17]

D. foreign real national income falls and wages rates rise.

3 0

4 years ago

An agreement that may be rejected by one of the parties for a legally acceptable reason is

Katena32 [7]

The answer is a voidable contract

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4 years ago