C. Especially art is what they look for
Answer:
The nature of business is a statement about a company's offering to its clients, its industry, legal structure, or any other distinctive qualities of the business. For example, if you say a company in the “private sector”, you evaluate the nature of the company based on its nature to earn profits.
Explanation:
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Answer:
B. They make choices based on their self-interests.
Explanation:
A market economy can be defined as the economy of a country where by the government has a minimal influence or intervention on how the market operates.
A market economy is regulated by the individuals that owns the businesses in that economy. These individuals have the ability to direct resources that they need from production to their firms and businesses.
A market economy is largely or greatly influenced and regulated by the rate of supply and demand. Consumers in a market economy have to sometimes paid a high price for the goods and services that they require. Consumers make financial decisions in a market economy by making their choices based on self interests.
A market economy is a very competitive economy because
a. the demand of goods and services by consumers have increased therefore this results in an increase in production of goods and services.
b. The producers tend to high innovative when producing this goods and services required by the consumers.
In a market economy, businesses and firms tend to have an increased of a very high rate of efficiency when producing goods and services such that they minimise or lower the cost of production while ensuring that they make high or huge amounts of profits.
Answer:
$2,300,000
Explanation:
The formula to compute the operating cash flow is shown below:
= EBIT + Depreciation - Income tax expense
where,
EBIT = Sales - operating expenses - depreciation expense
= $7,000,000 - $4,000,000 - $1,000,000
= $2,000,000
And, the income tax expense is
= $2,000,000 × 0.35
= $700,000
So, the value would equal to
= $2,000,000 + $1,000,000 - $700,000
= $2,300,000
We simply applied the above formula
