In free enterprise when businesses can complete against each to sell their goods and services to buyers.
<h3>What is
free enterprise?</h3>
Free enterprise, can be described as the free market or capitalism, which is an economic system driven by supply and demand.
In this case, it should be noted that In free enterprise when businesses can complete against each to sell their goods and services to buyers.
We can conclude that in a free Enterprise, the economy is been driven by the demand and the control of the market is with the businesses as well as the consumer and in this type of market, there is no invention of the government and they do not hold any central plan.
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There may be a number of minor actions
that you should take, but the major action would be to review and modify the
security settings for the database and the server and ensure that they will
prevent hackers from unauthorized access.
NWC = 1,410 = Current Assets – Current Liabilities = CA - 5,810
=> CA = 1,410 + 5810 = 7,220
Current Ratio = Current Assets/Current Liabilities
= 7,220/ 5,810 = 1.24
Quick Ratio = (Current Assets – Inventory) / Current Liabilities
= (7,220 – 1,315)/ 5,810 = 1.02
Current ratio is 1.67
Quick ratio = 0.88
In general, an appropriate current ratio is one that is comparable to the industry norm or just a little bit higher. The likelihood of distress or default may be increased by a current ratio that is lower than the industry average.
In a similar vein, if a company's current ratio is significantly higher than that of its peer group, it suggests that management might not be making the most use of its resources.
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