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The Making the Connection argues that a key difference between market economies and centrally planned economies, like that of the former Soviet Union, is as follows: In market economies, decisions about which investments to make and which technologies to adopt are made by entrepreneurs and managers with their own money on the line. In the Soviet system, these decisions were usually made by salaried bureaucrats trying to fulfill a plan formulated in Moscow. But in large corporations, investment decisions are often made by salaried managers who do not have their own money on the line. These managers are spending the money of the firm's shareholders rather than their own money. Why, then, do the investment decisions of salaried managers in the United States tend to be better for the long-term growth of the economy than were the decisions of salaried bureaucrats in the Soviet Union?
from the balance sheetcash............................................................. 30000
What are the total indirect costs? (Enter the whole number for your answer, not millions (e.g., 1,234,567). Round your answer to the nearest whole number (e.g., 1,234,567).)
beverage products llc manufactures metal beverage containers. the division that manufactures soft-drink beverage cans
Calculate the value of the inventory under both IFRS and US GAAP.
the company is planning to acquire a new machines at a total cost of 600000. the machines estimated useful life is 7
the converting department of soft n dry towel and tissue company had 920 units in work in process at the beginning of
Flint Hills Company's most recent financial statements showed dismal performance. There was a net loss of $10,000 and the Statement of Cash Flows showed a net cash decrease in all categories. The company president called all the managers together ..
If Sally can invest money at a 10% rate of return, what is the present value of her winnings? Did she really win a million dollars? Explain.
which of the businesses is most likely to use process costing? answer chemical plant architectural firm dentists office
Shott Farm Supplies Corporation purchased 800 shares of General Motors stock at $50 per share and paid a brokerage fee of $1,200.
What procedures are usually included in a typical payroll accounting system?
if the initial value book values and fair values of net assets acquired are all equal using the partial equity method
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