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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?
how has internet played a role in expanding international operations and what affect has it had on jobs in this
The Polk stock was purchased for $5 per share. Market value was $10 per share on the declaration date and $11 per share on the distribution date. What is the amount of the dividend?
on january 1 2013 avondale lumber adopted the dollar-value lifo inventory method. the inventory value for its one
The current assets and current liabilities sections of the balance sheet of Allessandro Scarlatti Company appear as follows.
Explain why an organization should establish and enforce policies for its IT systems in the following areas regarding the use of passwords for login
For tax purposes, the corporation has elected to take advantage of the maximum benefit for expensing organizational costs. No additional book/tax differences exist. For the year ended December 31, Year 1, Dale Corporation's taxable income was:
pakuna corporation has issued and outstanding 100000 shares of its 1 par value common stock. this stock was issued at
Wilma is a widow, age 80 and blind, who is claimed as a dependent by her son. During 2010, she received $4,800 in Social Security benefits, $2,200 in bank interest, and $1,800 in cash dividends from stocks. Wilma's taxable income is:
jurvin enterprises recorded the following transactions for the just completed month. the companynbsphad no beginning
an employee earns 6050 per month working for an employer. the fica tax rate for social security is 6.2 and the fica tax
a board of directors has formal governance responsibilities
1. in a competitive market the industry demand and supply curves are p 200 - .2qd and p 100 .3qs respectively.a. find
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