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bija089 [108]
3 years ago
5

Which of the following goals does the government pursue in a socialist economic system

Business
1 answer:
kumpel [21]3 years ago
8 0

Answer:Equity

Explanation:

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On January 1, 2017, Hannigan Company issued bonds with a face value of $600,000. The bonds carry a stated interest of 7% payable
mart [117]

Answer:

Explanation:

The journal entries are shown below:

Cash A/c Dr $582,000            ($600,000 × 0.97)

Discount on Bonds Payable A/c Dr $18,000

       To Bonds payable A/c    $600,000

(Being the issuance of the bond is recorded and the remaining balance is debited to the discount on bond payable account)

Cash A/c Dr $612,000            ($600,000 × 1.02)

       To Bonds payable A/c    $600,000

       To Premium on bonds payable A/c $12,000

(Being the issuance of the bond is recorded and the remaining balance is credited to the premium on bond payable account)

6 0
3 years ago
A company purchased equipment and signed a 7-year installment loan at 9% annual interest. The annual payments equal $9,000. The
konstantin123 [22]

Answer:

<u>The present value of the loan is $45,297</u>

Explanation:

Instalment (A)= $9,000.00

PV factor (B)= 5.033

Present value of loan (A x B)

=$ 45,297

5 0
3 years ago
An auto insurance company is implementing a new bonus system. In each month, if a policyholder does not have an accident, they w
andrey2020 [161]

Answer:

50,400

Explanation:

Using application of total expectation, E;

N= Number of policy holders who have zero accidents in one month

P= Probability

N|Low = 400

N|High=600

P|Low=0.9

P|High=0.8

Therefore E = (N|Low*P|Low)+(N|High*P|High)

E=(400*0.9)+(600*0.8)

E=360+480

E=840

Then Total bonus for the year B

B= E*12*5

B=840*12*5

B=50,400

7 0
3 years ago
A company forecasts sales of $91,500 for the quarter ended December 31. Its gross profit rate is 18% of sales, and its September
nlexa [21]

Answer:

Purchases=  $57,530

Explanation:

Giving the following formula:

Production= 91,500*(1 - 0.18)= $75,030

Beginning inventory= $25,000

Desired ending inventory= $7,500

<u>To calculate the budgeted purchases, we need to use the following formula:</u>

<u></u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 75,030 + 7,500 - 25,000

Purchases=  $57,530

6 0
3 years ago
Increased customization in products and services generally requires _____ resources and effort.
dem82 [27]

Increased customization in products and services generally requires <u>more </u>resources and effort.

Customization requires a corporation to shift its marketing version from vendor-orientated to buyer-orientated. The goal is to assist clients higher becoming aware of what they want. Customization allows organizations to have the capacity to evolve personalization and one-to-one advertising projects for the digital advertising environment.

Mass customization in advertising refers to the motion of altering products or services to create custom studies for customers. Many industries use this approach, from retail corporations to software designers or monetary companies to modular home construction.

We have recognized four strategies for customization, which we name collaborative, adaptive, cosmetic, and transparent. While designing or remodeling a product, system, or business unit, managers must examine each of the procedures for possible insights into how nice to serve their customers.

Learn more about advertising here brainly.com/question/14227079

#SPJ4

5 0
1 year ago
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