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2 years ago

What did economic liberalism stand for

Business

1 answer:

Juliette [100K]2 years ago

5 0

Answer:

Economic liberalism is a political and economic philosophy based on strong support for a market economy and private property in the means of production. Historically, economic liberalism arose in response to mercantilism and feudalism.

Explanation:

Economic liberalism is most often associated with support for free markets and private ownership of capital assets. It contrasts with protectionism because of its support for free trade and open markets. Historically, economic liberalism arose in response to mercantilism and feudalism. Today, economic liberalism is also generally considered to be opposed to non-capitalist economic systems, such as socialism and planned economies.

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On September 1, 2015, Select Company borrowed $600,000 from a bank and signed a 12%, six-month note payable, with interest on th

notsponge [240]

Answer:

B. $624,000

Explanation:

Calculation to determine The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2015

Current liability=$600,000 + ($600,000 *12% *4/12)

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(September 1 2015 to December 31 2015=4 months)

Therefore The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2015 is $624,000

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2 years ago

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Answer:

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Explanation:

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2 years ago

Xugo hit tht new rank ;0<br> good job bby

Ne4ueva [31]

Hello!

Um, Okay...

Good Job, for you bby hit a new rank...

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2 years ago

On December 31, year 3, Byte Co. had capitalized software costs of $600,000 with an economic life of four years. Sales for year

Ratling [72]

Answer:

net capitalized cost is = $450000

so correct option is b. $450,000

Explanation:

given data

capitalized software costs = $600,000

expected total sales = 10%

sale = 4 year

net realizable value = $480,000

solution

we find out net capitalized cost of computer software that is

net capitalized cost of computer software is = Year 1 balance - Year 2 amortization ........................1

here we get first Year 2 amortization that is

Year 2 amortization is = capitalized software costs ÷ total projected sale ..............2

put here value

Year 2 amortization = $\frac{600000}{4}$

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so correct option is b. $450,000

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3 years ago

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Arlecino [84]

Answer:

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Explanation:

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3 years ago

What did economic liberalism stand for​

What did economic liberalism stand for