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4 years ago

Why is United States described as a mixed economy?

Business

1 answer:

Triss [41]4 years ago

4 0

Answer:

The Role of the Market. The United States is said to have a mixed economy because privately owned businesses and government both play important roles. When economic forces are unfettered, The Americans believe that the supply and demand determine the prices of goods and services.

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Wildhorse Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures we

bija089 [108]

Answer:

10.63%

Explanation:

Weighted average interest rate for interest capitalization purposes.

10%, 5-year, $2,227,300 note payable

11%, 4-year, $3,799,000 note payable.

Principal

$2,227,300

$3,799,000

Total $6,026,300

Interest

10% × $2,227,300 =$222,730

11% ×$3,799,000 =$417,890

Total $640,620

Weighted average interest rate

$640,620/$6,026,300

=10.63%

Weighted average interest rate for interest capitalization purposes.

Expenditures

March 1 $1,812,000

June 1 $1,212,000

December 31 $3,007,840

Total $6,031,840

Capitalization period ×Expenditure =Weighted average accumulated period

10/12 ×$1,812,000 =$1,510,000

7/12×$1,212,000=$707,000

Total $2,217,000

Therefore the weighted-average interest rate for interest capitalization purpose is 10.63%

7 0

4 years ago

Joan is on trial for first-degree murder. It is a jury trial in which she is pleading not guilty. Presently, the plaintiff's att

Eduardwww [97]

Answer:

The correct answer is letter "B": direct examination.

Explanation:

In a trial, both the plaintiff and the defendant are right to bring eyewitnesses to the court who can testify on their favor. When the plaintiff's attorney calls one of the defendant's eyewitnesses to provide his or her version of the facts regarding the case, a direct examination takes place. The plaintiff's attorney makes a series of questions relevant to the decision the judge could take of the case and further evidence can be presented.

3 0

4 years ago

At August 31, Sheridan Company has a cash balance per books of $10,100 and the following additional data from the bank statement

LUCKY_DIMON [66]

Answer:

$9,045

Explanation:

Sheridan Company

Bank Reconciliation Statement

August 31

Particulars $ $

Cash balance per books 10,100

Add: Earned interest on checking account 40 10,140

Less: Check printing fee (35)

Outstanding checks (1,060) (1,095)

Adjusted cash balance per books 9,045

Notes:

1. Since Sheridan company does not know the information of interest earned, that is why the company have to add "Interest earned" with the cash balance.

2. Again, as the printing charge has been deducted by the bank, therefore, the company should deduct it from the cash book balance. Usually, outstanding checks deducts from the cash book balance.

7 0

4 years ago

What is the purpose of DSM-5?

Ludmilka [50]

Answer:

manual for assessment and diagnosis of mental disorders and does not include information or guidelines

6 0

3 years ago

A company has $1,378 in inventory, $4,827 in net fixed assets, $664 in accounts receivable, $298 in cash, $626 in accounts payab

Nata [24]

Answer:

$7,167

Explanation:

Assets are resources held by an entity as a result of a past event, for which future economic benefits will flow to the entity. it is further classified as current and non-current.

Examples include inventory, cash, accounts receivable, Fixed assets or Property plant and Equipment.

Given

Inventory = $1,378

Net fixed asset = $4,827

Accounts receivable = $664

Cash = $298

Total assets = $1,378 + $4,827 + $664 + $298

= $7,167

4 0

3 years ago