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2 years ago

which of the following is the guiding economic philosophy of the free enterprise system? socialism communism marxism capitalism

2 answers:

8 0

I believe the answer is: Capitalism

In capitalism, the economy is designed in a way to give as much freedom as it can to the private sectors in term of resource allocation and market competition. In this system, the government's role limited to maintaining regulation that prevent private organizations from cheating off one another.

babymother [125]2 years ago

4 0

I think the correct answer from the choices listed above is the last option. Capitalism is the guiding economic philosophy of the free enterprise system. It is based on private property and free enterprise. Hope this answers the question. Have a nice day.

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Zero Corp. is an investment company authorized to issue only common stock. During the last half of the current year, Edwards own

Vinil7 [7]

Answer:

the answer its A) An state where Edwards is the beneficiary

Explanation:

why? zero corp is a investment company where any shareholders who wants to be part of it they could, every investment is personal , it means a exchange where you invest money for shares, and it doesn't affect your business.

7 0

2 years ago

Calistoga Produce estimates bad debt expense at 0.50% of credit sales. The company reported accounts receivable and allowance fo

AveGali [126]

Answer:

$1,345

Explanation:

Calculation to determine what Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2021, is

First step is to calculate the Expense amount

Expense=Credit sales $315,000* .5%

Expense=$1,575

Second step is to calculate the Allowance

Allowance 12/31/2020 $1,650

Less Write-offs(1,880)

Allowance ($ 230)debit

Now let calculate the final balance in its allowance for uncollectible accounts

December 31, 2021 allowance for uncollectible accounts= ($230) + $1,575

December 31, 2021 allowance for uncollectible accounts=$1,345

Therefore Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2021, is $1,345

7 0

2 years ago

What is the main problem that sellers suffering from marketing myopia face?

Tanya [424]

The answer is "They focus more on products than the customer's underlying need.".

Marketing Myopia is marketing term as it shows by its name, referred to short-sighted and inward looking way to deal with promoting that spotlights on the requirements of the organization as opposed to characterizing the organization and its items as far as the clients' needs. It brings about the inability to check and accommodates to the quick changes in their business sectors or markets.

8 0

2 years ago

Read 2 more answers

A company borrowed $500,000 cash from a bank and used it to purchase $500,000 of new manufacturing equipment. Which of the follo

bogdanovich [222]

Answer:

Lets see what are the double entries of borrowings and purchase of new manufacturing equipment and their implications:

Double Entry for borrowings:

Dr Bank $500,000

Cr Notes Payable $500,000

The above double entry shows that the total assets and Notes Payable are increased due to this transaction. Furthermore, in the Statement of Cash flow we see an increase in Cash from Financing activities and decrease in the Cash from investing activities.

The second transaction is purchase of new manufacturing equipment. It must be accounted for as under:

Dr Manufacturing Equipment $500,000

Cr Bank $500,000

This transaction shows that net impact on the total assets is same as one asset has been increased by spending the other asset. This transaction also has no impact on Cash for financing, inventories and notes payable balances. However, their is increased negative balance in cash from investing activities.

5 0

3 years ago

________ psychology is a discipline interested in how relationships among employees affect those employees and the performance o

JulijaS [17]

ORGANIZATIONAL psychology is a discipline interested in how relationships among employees affect those employees and the performance of a business. industrial human factors work organizational

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2 years ago