Justify the establishment of a state-owned company

Answers

Answer 1

Answer: State-owned companies are usually found to have control over something that is necessary for the well-being of the state. For example, a road building company will often be found in various states as a state owned enterprise because it can build all roads throughout the state and create a standard that is never different. This prevents private companies from monopolizing with toll prices, or from stealing, making lower quality roads, and similar.

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Whats the importance of an organized workstation

Answers

Having an organized workplace allows you to know where things are, and helps you with other jobs. If you can be organized in one job, then you can be organized in another one. Overall it helps with your, memory, organizational skills, and neatness.

What is Six Sigma quality?

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Six Sigma is a discipline, data-driven approach and methodology for eliminating defects in any process

I hope that's help !

why do private sector firms seeking profit will allocate scarce resources to the production of goods and services and will it be able to make good quality products for consumers?

Answers

Answer:

Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.

Explanation:

Hope this helped.. ;)

As Prepaid Rent is used, the asset becomes a/ana. liability.
b. expense.
c. contra-asset.
d. revenue.

Answers

As prepaid rent is used, the asset becomes a liability.
Liability because it becomes the responsibility of someone who uses the prepaid. Since the prepaid rent was used, it needs money to be able to pay them. It becomes the responsibility for someone to be able to use his money to pay the prepaid rent that was used.

The correct answer is the letter B. Expense

What is the main advantage of using e-mail to complain about a service or product?

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Unlike conventional mail, email can send your complaint within minutes or seconds to the company. This is the reason why use of email has become popular. The reaction to act on the complaint will depend on the company. Sending an email does not guarantee that they will act on it right away.

Answer:

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Explanation:

Sam traded a parcel of land for a tractor and a car. He had purchased the land five years earlier for $16,000. The market value of the car and tractor is $20,000. What is the amount of gross income resulting from this transaction?

Answers

Answer:

$4,000

Explanation:

Sam's gross income from this transaction can be calculated by subtracting the price of the car and the tractor from the cost basis of the land.

Sam's gross income = cost basis of land - price of car and tractor = $20,000 - $16,000 = $4,000

In this case Sam's gain should be considered capital gains since it is a gain made from the selling investments that are held for more than 1 year.

Final answer:

The gross income from the transaction where Sam traded his land (originally bought for $16,000) for a tractor and car (worth $20,000) would be $4,000. This is calculated by subtracting the initial purchase price of the land from the market value of items received in return.

Explanation:

Based on the information given in your question, it seems like we're trying to calculate the gross income that resulted from Sam's sale of land. Gross income is essentially the net sales minus the cost of goods sold; in this case, the 'goods' are the land. So, you simply subtract Sam's original purchase price of the land ($16,000) from the later sale price (or market value) of the car and tractor he got in exchange ($20,000)

So, you calculate it as follows:

First, recognize the market value of the goods received in return for the land - in this case, the car and tractor, which amount to $20,000.
Then, subtract the initial purchase cost of the land - the $16,000 that Sam paid for it five years ago.
This leaves us with $20,000 - $16,000 = $4,000.

Therefore, Sam's gross income from this whole transaction is $4,000.

Learn more about Gross Income here:

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