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3 years ago

Why has the modified free enterprise system emerged as the dominant economic system in the world today?

1 answer:

8 0

The modified free enterprise system has emerged as the dominant economic system in the world today because of the competitive market which creates room for creativity, freedom and profits along with friendly government regulations. The modified free enterprise system refers to a free enterprise economy system which offers government protection, provision and regulations.

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On Jan. 2, Callie Taylor invests $40,000 into the business in exchange for common stock. She journalize the transaction as follo

castortr0y [4]

Answer:

See explanation section.

Explanation:

The correct journal to record this transaction is -

Cash Debit $40,000

Common stock Credit $40,000

Note: As Callie Taylor invests the amount in exchange for common stock, An asset (cash) will be increased, and equity (common stock) will be increased. An increase in asset means debit, while an increase in equity means credit.

6 0

3 years ago

Shaila wants to add new tabs to her PowerPoint. She selects New Tab and renames it. She then starts adding the terms Bring Forwa

m_a_m_a [10]

I think the answer is D, but I may be wrong. The reason why is Shaila needs PowerPoint to check her grades to ease all the work.She may just add it into the main tabs.

5 0

4 years ago

Read 2 more answers

Nico is saving money for his college education. He invests some money at 99%, and $17001700 less than that amount at 4 %.4%. T

Rufina [12.5K]

Answer:

Nico invest $2500 at 9% interest rate and $800 at 4% interest rate.

Explanation:

He invests some money at 9%, and $1700 less than that amount at 4 %.

Let Nico invest $x at 9%.

It means he invest $( x-1700) at 4%.

The investments produced a total of $257 interest in 1 yr.

$x\times \frac{9}{100}+(x-1700)\times \frac{4}{100}=257$

$0.09x+(x-1700)0.04=257$

$0.09x+0.04x-68=257$

$0.13x-68=257$

Add 68 on both sides.

$0.13x=257+68$

$0.13x=325$

Divide both sides by 0.13.

$x=2500$

Nico invest $2500 at 9% interest rate.

$x-1700=2500-1700=800$

Nico invest $800 at 4% interest rate.

Therefore Nico invest $2500 at 9% interest rate and $800 at 4% interest rate.

5 0

3 years ago

A public good rev: 04_09_2018 Multiple Choice generally results in substantial negative externalities. can never be provided by

DochEvi [55]

Answer:

cannot be provided to one person without making it available to others as well.

Explanation:

A public good is a good that is non excludable and non rivalrous. It cannot be provided to one person without making it available to others as well. If one person is using it, it does not stop other people from using it also. An example of a public good is roads.

Public goods contrasts with club goods and private goods

A club good is a type of public good. It is excludable but non-rivalrous. For example paid streaming services are an example of a club good. Those who do not subscribe are excluded from using the service. But all subscribers have equal assess to the service

A private good is a good that is excludable and rivalrous.e.g. a privately owned car

6 0

3 years ago

The issuance of notes payable for borrowing is classified in the statement of cash flows as a(n): Multiple Choice Operating acti

Harman [31]

The transaction of the issuance of notes payable for borrowing will be classified in cash flows statement as a Financing activities.

Under the statement of Cash-flow, the financing activities section records all transactions that involves long-term liabilities, owner's equity etc.

Hence, the transaction of the issuance of notes payable for borrowing will be classified in cash flows statement as a Financing activities.

Therefore, the Option C is correct.