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In-s [12.5K]
3 years ago
8

Which situation would most likely take place in a command economy?

Business
1 answer:
Rudiy273 years ago
8 0

Answer:

1.) C. two car companies compete to make the cheapest electric car

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Travis borrowed $10,000 four years ago at an annual interest rate of 7 percent. The loan term is six years. Since he borrowed th
likoan [24]

Answer:

The answer is A

Explanation:

The loan is an interest only loan since he is only paying the interest potion of 7%

Interest only loan is when the borrower pays only the interest for some or all the term of the loan with no changes in the borrowed amount

5 0
3 years ago
_____ are all sponsored domain name extensions.<br> .com<br> .mobi<br> .gov<br> .edu
alexgriva [62]
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3 years ago
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The depreciation deduction for year 11 of an asset with a 20-year useful life is $4,000. If the salvage value of the asset was e
PtichkaEL [24]

Answer:

The answer is $80,000

Explanation:

The formula for straight-line depreciation is:

[Cost of asset - salvage value(if any)] ÷ useful life of the asset

Depreciation = $4,000

Cost of asset= ? (represented by y)

Useful life of the asset = 20 years

$4,000 = y ÷ 20 years

y is $4,000 x 20 years

y = $80,000

Therefore, the initial cost of the asset was $80,000

7 0
3 years ago
Having recently found sources of oil on their own land, the newly established nation of Brotherton enacted a tariff on imported
Sunny_sXe [5.5K]

Answer:

revenue tariff

Explanation:

A revenue tariff is a tax levied on imported goods or services whose main purpose is to increase government revenue. It differs from other types of tariffs whose goal is to protect domestic products. E.g. a flat tariff levied on all types of imported goods.

8 0
3 years ago
On October 1, year 1, Kirby Corp. purchased equipment for $100,000. The equipment has a useful life of 5 years with no residual
NNADVOKAT [17]

Answer:

5000 partial depreciation

Explanation:

straight line formula is = <u>cost  - scrape value</u>

                                          useful life in years

since there is no residual value (scrape value) therefore, we divide <u>100,000 </u>

                                                                                                                     5        

the answer we get 20000 per year depreciation. but the equipment is bought on 1st oct, and if assume that the year ends on Dec, 31 so  it is measure for 3 month depreciation which is 5000.                                                                                                                                                                                                                                                                                            

4 0
3 years ago
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