Answer:
The answer is: C. The trend toward mostly capitalist nations to move toward socialism.
Explanation:
Capitalism is an idea that favors free markets, but 100% pure capitalism will never exist. The same happens to socialism, no country is 100% socialist. All the countries in the world are mixed between capitalism and socialism but on different percentages.
For example, in a true capitalistic nation no government could exist since no taxation would be allowed. Governments function with the money of their citizens collected through taxes, but theoretically in a free market taxes don't exist. Currently the US and China are involved in a "trade war" which includes import tariffs, which should not exist according to capitalism.
I'm not sure, but I believe there are no pure socialist countries in the world and they probably have never existed either. Not even the Soviet Union was a pure socialist country and China has become the biggest defender of capitalism in the world.
Answer:
1. a) Small Appliance Division, Average total operating assets = $6,934,000
b) Margin = 8.00%
c) Turnover = 6.00 times
d) ROI = 48.00%
2. a) Cleaning products division, Average total operating assets = $5,800,000
b) Margin = 3.00%
c) Turnover = 4.00 times
d) ROI = 12.00%
3. See explanation section.
Explanation:
See the following images to get the proper explanation. As all the answers are round figure, therefore, I did not use 16.00%, instead I used 16%. (16% is an example).
The answer is: D. it has a broad sample, including people who know nothing about the industry.
Any industry consist of three players. The producers, the consumers, and the regulators. Consumers are the one that made the most purchase for the industry and can influence it, but they tend to know nothing or very little with the industry, which is why such sample is needed.
Answer:
$3.75
Explanation:
As we already know that
Direct materials quantity variance = (Budged pounds of direct material - Actual pounds of direct material) × Standard rate
$1,500 unfavorable = (4,400 pounds - 4,800 pounds) × Standard rate
$1,500 unfavorable = 400 × Standard rate
So, standard rate is
= $1,500 ÷ $400
= $3.75
We simply applied the above formula
Answer:
C. Individuals
Explanation:
Indivudals do not own the factors of production.
