Answer:
$2,000
Explanation:
Calculation to determine What amount would the company report for operating cash flows in the statement of cash flows
Using this formula
Operating cash flows=Services to customers for cash-Employees' salaries -Utilities
Let plug in the formula
Operating cash flows= $4,500 − $1,500 − $1,000 Operating cash flows=$2,000
Therefore The Amount that the company would report for operating cash flows in the statement of cash flows is $2,000
Answer:
Free-enterprise; government.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Basically, there are four (4) main types of economy and these are;
I. Mixed economy.
II. Command economy.
III. Traditional economy.
IV. Free-enterprise economy.
A free-enterprise system also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise system is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.
Hence, in a free-enterprise system, supply and demand forces affect the production and consumption decisions. There is little to no government control in such a system.
OOEP and Malay Petroleum are using the cost minimization management approach.
Explanation:
Cost minimization is a technique used in pharmaco economics to evaluate care prices, whether the therapeutic efficacy of different therapies is demonstrably comparable.
The investigator undertaking the research needs to appeal to the medical equivalence and should have done so before prices are that.
Costs management is a primary concept used by manufacturers to evaluate the lowest cost production ratio of labor and capital.
In other words, what will be the most efficient way of providing goods and services although maintaining the optimal quality level.
Answer:
Increased foreign wealth and income
Explanation:
ADVANTEGES
While there are several advantages to a traditional economy, these economies are not without their disadvantages. Because these economies rely on hunting, fishing, gathering, and the land in the form of farming, when the weather changes, the economy becomes jeopardized The advantages and disadvantages of the traditional economy are quite unique. There is little waste produced within this economy type because people work to produce what they need. That is also a disadvantage, because if there is no way to fulfill production needs, the population group may starve.
disadvantages
Traditional economies produce no industrial pollution, and keep their living environment clean. Traditional economies only produce and take what they need, so there is no waste or inefficiencies involved in producing the goods required to survive as a community It isolates the people within that economy Large outside economies can overwhelm a traditional economy It offers few choices There may be a lower overall quality of life It creates specific health risks Unpredictability creates survival uncertainties absence or deprivation of advantage or equality. the state or an instance of being in an unfavorable circumstance or condition: to be at a disadvantage. something that puts one in an unfavorable position or condition: His bad temper is a disadvantage.