Find each percent of $45.00 and complete the statements,

Cooper's native country of Evensplitia was much different from the United States. In addition to its higher tax rates, the gover

ra1l [238]

Answer:Evensplitia operated SOCIALISM

Explanation:

Socialism is a political and economic system where every individual in the society controls the factors of production, it's means and distribution eg machinery, tools, factories used to produce goods to directly satisfy human wants and needs.

Here, ownership is acquired either through a democratically elected government or through a cooperative or a public corporation and everyone has shares.

Distribution decisions are made by the government or public corporation and individuals depend on the state for every basic thing. The government determines the output and pricing levels of these goods and services for the benefit of the community.

8 0

2 years ago

Type the correct answer in the box. Spell all words correctly. Fabian got into an accident on his way to work. He had multiple f

jeka57 [31]

Savings account is what would go in the blank.

7 0

2 years ago

On June 2, 2021, Tabitha Co. purchased a franchise for $586,000 by signing a five-year contract. At the end of the five years, t

Usimov [2.4K]

Answer:

Tabitha Co.

The gain recorded on the sale of the patent is:

= $7,933

Explanation:

a) Data and Calculations:

June 2, 2021, Purchase of Franchise for $586,000

Period of franchise = 5 years

September 1, 2023, Sale of Franchise for $340,000

Annual amortization expense = $117,200 ($586,000/5)

Amortization Schedule:

June 2, 2021 to December 31, 2021 = $58,600 ($117,200/2)

Jan. 1, 2022 to December 31, 2021 = $117,200

Jan. 1, 2023 to September 1, 2023 = $78,133 ($117,200 * 8/12)

Total amortization during the period = $253,933

Initial cost = $586,000

Accumulated amortization = $253,933

Reduced book value = $332,067

Sales proceed = $340,000

Gain from sales = $7,933 ($340,000 - $332,067)

6 0

1 year ago

Maddie is the CEO of Stevenson, Ross, and Warner (SRW), a regional accounting firm. SRW offers services in most areas of account

Strike441 [17]

Answer:

Assets = Liabilities + Owners' Equity

Explanation:

The reason is that it is the basic accounting equation that forms the basics of the double entry. It is main equation from which all the Gernally Accepted Accounting Principles and International Accounting Standards had originated. This helps us to understand a big picture of an entity either it is by record keeping, financial statement analysis, uncovering frauds, provision of system of check and balance and many more. This is the reason why the basic accounting equation has immense importance in Sarbanes Oxley Act, Companies Act, etc.

4 0

2 years ago

Larry wants to purchase a gift for a colleague whose home he will be visiting. He decides to bring luxury chocolates, as he know

kotykmax [81]

Answer: B brand awareness

Explanation:

This is extent to which consumers are intimate with the qualities or image of a particular brand of goods or services. Coca-Cola and Google are good example of brand awareness , they still run advert on Tv's, ànd radio stations and they are accepted.

3 0

2 years ago