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3 years ago

In a command economy, which group is most responsible for producing the

Business

1 answer:

ElenaW [278]3 years ago

5 0

It is the goverment agencies

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At a price of _____, books will be both supplied and demanded. $10 $20 $30

dezoksy [38]

well if im right it should be 20$.

4 0

3 years ago

Gray is a 50% partner in Fabco Partnership. Gray's tax basis in Fabco on January 1, year 4, was $5,000. Fabco made no distributi

arsen [322]

Answer:

$21000

Explanation:

To determine Gray’s tax basis for a 50% interest in the Fabco Partnership, The interest is increased by the partner’s distributive share of all partnership items of income and decreased by the partner’s distributive share of all loss and deduction items.

Gray’s beginning basis = $5,000

Gray’s 50% distributive share of ordinary income = 50% × $20000 = $10000

Gray’s 50% tax-exempt income= 50% × $8000 = $4,000 and

portfolio income = 50% × $4000 = $2,000

Therefore, the ending basis of Gray’s Fabco partnership interest = $5000 + $10000 + $4000 + $2000 = $21000

6 0

3 years ago

Acme Home Builders, Inc., has build 24 houses so far this year at a total cost to the company of $4.80 million. If the company b

Dmitry_Shevchenko [17]

Answer:

25th house's Marginal cost is $250,000.

Explanation:

Given:

Total cost of 24 houses = $4,800,000

Total cost of 25 houses = $5,050,000

Marginal cost = ?

Computation of marginal cost:

Marginal cost = Change in total cost

Marginal cost = Total cost of 25 houses - Total cost of 24 houses

Marginal cost = $5,050,000 - $4,800,000

Marginal cost = $250,000

So, we say that 25th house's marginal cost will be $250,000 .

5 0

3 years ago

Lake Co. receives nonrefundable advance payments with special orders for containers constructed to customer specifications. Rela

klasskru [66]

Solution :

We calculate the advances form the customer to be reported as the current liability as on Dec. 31, 2009 in the balance sheet as follows :

Particulars Amount ($)

Customer advances the balance Dec 31, 2008 110

Add : advances that is received with 2009 orders is 195

Less : advances applicable to the orders in 2009 -180

Less : advances from orders that are canceled in 2009 -45

Advances from the customers liability Dec. 31, 2009 80

Therefore, the advance from the customer to be reported in the balance sheet as the current liability is $80.

6 0

3 years ago

Q-mart failed to include inventory that was kept in a separate warehouse in its 12/31 end-of-the-period inventory count. Consequ

Sindrei [870]

Answer:

Total assets and Total equity will be this year's understated.

3 0

3 years ago