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Leona [35]
3 years ago
10

What drives american free enterprise? the desire for economic equality the need to own a home the need to make a living the desi

re for profit description?
Business
2 answers:
Akimi4 [234]3 years ago
5 0

Answer:

the desire for profit

Explanation:

gradpoint

Feliz [49]3 years ago
3 0
The American enterprise is driven by the desire for profit. <span>The desire for profit is what fuels free enterprise and capitalism.
</span>Basic  principles of the free enterprise are profit motive (t<span>he force that encourages people and organizations to improve their material well-being)</span>, open opportunity (the concept that everyone can compete in the marketplace)<span> and economic rights.
</span>
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Question ObjectivesTest side bar expand button Q 3.2: According to the historical cost principle, if an asset costs $50,000 when
harkovskaia [24]

Answer:

A.

Explanation:

The cost principle means that in accounting, any transaction is recorded at the historical purchase price.

A fair value is the amount at which an asset could be exchanged in an arm´s length transaction between knowledgeable and willing parties.

Revaluation of fixed assets is not allowed for GAAP.

An appreciated value is an increase in the value of an asset over time.

A market value is the price at which a product or service could be sold in a competitive, open market.

3 0
3 years ago
McConnell Corporation has bonds on the market with 15.5 years to maturity, a YTM of 6.2 percent, a par value of $1,000, and a cu
VLD [36.1K]

Answer:

Coupon rate is 6.4%

Explanation:

The coupon payment on a bond can be computed from a formula of current price of a bond

current price of a bond=coupon amount/yield to maturity

coupon amount=current price *yield to maturity

current price is $1039

yield to maturity is 6.2%

coupon rate =$1039*6.2%

                    =$64.42

Coupon rate=coupon amount/par value of bond

coupon amount $64.42

par value of bond=$1000

coupon rate =$64.42/$1000

                     =6.4%

7 0
3 years ago
Which of the terms below is often used in addition to the words "writing" and "record", and thus recognizes that UCC contracts a
hoa [83]

Answer:

<em>An electronic record</em>

Explanation:

An electronic record is data <em>that is or is being generated by a desktop. It is obtained when an agency or individual activity is initiated, conducted or completed.</em>

Instances of digital records include: email messages, handwritten documentation, electronic spreadsheets, digital photos, and databases.

6 0
3 years ago
What does the new york stock exchange (nyse) do?
Sauron [17]
Hey there,
It is located on Wall street new lower Manhattan and it is the world's largest stock exchange<span> by market capitalization of listed companies.

Hope this helps :))

~Top
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8 0
2 years ago
Read 2 more answers
The difference between the economic surplus when the market is at its competitive equilibrium and the economic surplus when the
Zarrin [17]

Answer:

Deadweight loss

Explanation:

Deadweight loss can be defined as the lost economic surplus when a market is not allowed to adjust to its competitive equilibrium. The deadweight loss includes losses in both supplier and consumer surplus.

A deadweight loss happens when the equilibrium price for a good or a service cannot achieved usually due to external factors, e.g. price ceilings like rent control, specific taxes, etc.  

4 0
3 years ago
Read 2 more answers
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