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Sloan [31]
3 years ago
11

True or False - Taxation is the most obvious disruption to the circular flow free market model.

Business
1 answer:
aniked [119]3 years ago
8 0

Answer:

True

Explanation:

Because it is

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The following account balances were extracted from the accounting records of Thomas Corporation at the end of the year:
Savatey [412]

Answer: $1,063,000

Explanation:

Net realizable value is the value of an asset that a company will get when the asset is sold minus the cost that came with the asset sales.

The net realizable value of the accounts receivable will be the accounts receivable of $1,100,000 minus the allowance for uncollectible accounts which was given as $37,000.

= $1,100,000 - $37,000

= $1,063,000

7 0
3 years ago
On April 1st, Bob the Builder entered into a contract of one-month duration to build a barn for Nolan. Bob is guaranteed to rece
hichkok12 [17]

Answer:

a) What is the expected transaction price with variable consideration estimated as the expected value?

  • original cost $5,800 if job is finished in one month (15% probability)
  • bonus price for finishing 2 weeks earlier $5,800 x 1.25 = $7,250 (25% probability)
  • bonus price for finishing 1 week earlier $5,800 x 1.15 = $6,670 (60% probability)

expected transaction price = ($5,800 x 15%) + ($7,250 x 25%) + ($6,670 x 60%) = $6,684.50

b) What is the expected transaction price with variable consideration as the most likely amount?

$6,670, since it has a 60% probability

3 0
3 years ago
An overgrown lawn is manicured by mowing it with a lawn mower is an example of
Marta_Voda [28]

An overgrown lawn is manicured by mowing it with a lawn mower is an example of physical change. Physical change is a change that affects the physical form of the substance or environment but not its chemical composition. In this example, the lawn is manicured by mowing it, so the physical form would be changed. But, the chemical composition of the lawn was maintained and was not change. So,<span> this is clearly a physical change.</span> 

<span> </span>

4 0
3 years ago
L.
Maksim231197 [3]

The approach is best demonstrated by Free Enterprise

Let understand that Free Enterprise is a system where there are full freedom for individuals and businesses. This system brings economic growth because its encourages entrepreneurs to start new businesses and take risks.

A laissez-faire economy system, notable a theory developed by the French creates the philosophy of giving businesses more autonomy from government rules and regulations

  • This economy system makes its easier for companies to take risks and invest in the economy.

Learn more about laissez-faire

<em>brainly.com/question/18499612</em>

3 0
3 years ago
In the context of purchasing systems involved in the traditional transaction processing systems, when a(n) _____ arrives from a
Degger [83]

Answer:

Product

Explanation:

  • In a purchase system the involvement of the traditional transactions takes place as when the product or item arrives to form a supplier its matched to the original order of the referring report which is then sent to the department for checking the content and the report generated is in the inventory  
  • Of the list of items the vendor dispatches and later on checks the consistency of the product. An assessment report is made for the system and the result is compiled in the database management system.
7 0
3 years ago
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