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2 years ago

What is the difference of communism and socialism?

1 answer:

4 0

Communism there is No private ownership,central government,No class Distinction, Production for basic needs.

For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .

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A ________ is made up of a company, its suppliers, distributors, and, ultimately, customers who "partner" with each other to imp

nevsk [136]

The answer to this question is the term Value delivery network. A Value delivery network is a system that is made up of the participants like the company, suppliers, distributors that are all involved in the marketing, distributing, production, and even the customer service of the goods and services in a specific or geographic area / market. This team partners together for a common goal, to provide good service.

4 0

3 years ago

Domino's Pizza was 50 years old in 2010. Visit the company's business-related website (www.dominosbiz) and read the company prof

RUDIKE [14]

Answer:

Consider the following paragraph I wrote

Explanation:

I think the firm focuses on the economic perspective in describing its competitive advantage. In the economic perspective, a firm focuses on how much economic value it creates through its competitive advantage.

In the company profile, Domino's focuses on how much economic value it creates for its sub-franchisees, franchisees and the parent company. It focuses more on the chain which creates economic value for the entire Domino's ecosystem consisting of the parent company, franchisees, and the sub-franchisees. So, I think the firm focuses on economic perspective in describing its competitive advantage.

4 0

3 years ago

Mark Johnson saves a fixed percentage of his salary at the end of each year. This year he saved $2,000. For each of the next 5 y

adell [148]

Answer:

The correct answer is:

$17,437.28

Explanation:

First of all, let us lay out the particulars that will aid us in our calculations:

Amount saved in year 1 = $2000

Number of years saved in total = 6 years

annual rate of savings increase = 10% increase on the amount for that year to the next year

Annual return on investment = 13%.

Next, let us calculate the 10% increase in savings from years 2 to 6.

Year 1 investment = $ 2000

Year 2 investment = Year 1 saving + 10% of year one saving

hence, investment 2 saving = 2000 + (10/100 × 2000) = 2000 + (0.1 × 2000)

Year 2 investment = 2000 +200 = $2,200.

Year 3 investment = year 2 saving + (0.1 × year 2 saving) = 2200 + (0.1 × 2200)

year 3 investment = 2200 + 220 = $2,420

Year 4 investment = 2420 + (0.1 × 2420) = 2420 + 242 = $2,662

Year 5 investment = 2662 + (0.1 × 2662) = 2662 + 266.2 = $2928.2

Year 6 investment = 2928.2 + (0.1 × 2928.2) = 2928.2 + 292.82 = $3,221.02

Next, let us create a table to show the total amount for each year.

Note, to determine the 13% annual investment return on each year:

13% = 13/100 = 0.13. So, we will multiply the investment for each year with 0.13 to get the annual investment. It is shown hence:

Year Investment (I) ($) Annual return (AR) ($) Total amount (I + AR) ($)

1 2000 260 2260

2 2200 286 2486

3 2420 314.6 2734.6

4 2662 346.06 3008.06

5 2928.2 380.67 3308.87

6 3221.02 418.73 3639.75

Total 17,437.28

Therefore, at the end of 6 years mark would have $17,437.28 (approx. $17,437)

3 0

3 years ago

The Accounts Receivable balance for Lake, Inc. at December 31, 2017, was $ 20 comma 000. During 2018, Lake earned revenue of

elena-s [515]

Answer:

The required journals are:

Debit Bad debt expense $10,070

Credit Allowance for doubtful accounts $10,070

(To record bad debt for the year)

Explanation:

To understand the effects of the transactions, we need to journalize as follows:

Debit Accounts receivable $454,000

Credit Sales revenue $454,000

(To record sales transaction on account)

Debit Cash $325,000

Credit Accounts receivable $325,000

(To record collections on account)

Debit Allowance for doubtful accounts $5,600

Credit Accounts receivable $5,600

(To record write-off of accounts receivable)

With the above journals, the balance in accounts receivable will be: $20,000 + $454,000 - $325,000 - $5,600 = $143,400. The 5% of $143,400 will be $7,170.

The effect of the write-off was to throw the unadjusted allowance for doubtful account into debit as $2,700 - $5,600 = $2,900. The required bad debt expense will $10,070 ($7,170 + $2,900).

3 0

3 years ago

Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) N

Margaret [11]

Answer:

Note Contract Date Principal Interest Rate Period of Note (Term)

1 March 7 $12,000 5 % 60 days

2. May 21 $18,000 7% 90 days

3. October 26 $ 14,000 4% 45 days

1. Maturity date = 6 May

Interest expenses = $12,000*5%*60/360

Interest expenses = $100

2. Maturity date = 19 August

Interest expenses = $18,000*7%*90/360

Interest expenses = $315

3. Maturity date = 10 December

Interest expenses = $14,000*4%*45/360

Interest expenses = $70

7 0

2 years ago

What is the difference of communism and socialism?​

What is the difference of communism and socialism?