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3 years ago

What is one downside to competition in a free-enterprise system?

2 answers:

6 0

You can make monopolies. You don't have to lower your prices because nobody is offering lower prices. You can sell bad stuff for high prices. But monopolies do tend to disappear.

sergejj [24]3 years ago

4 0

A) Consumers must be knowledgeable.

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Which is an example of marketing function for a business? 1.) Preparing an income statement

Tom [10]

Answer:

Explanation:

because the marketing function is all about advertising the business.

3 0

2 years ago

What is financial literacy and why is it important.

FromTheMoon [43]

Answer:

Financial literacy is a set of skills and knowledge that allows one to make effective decisions with their financial resources.

Explanation:

Why is it important? Well, being financially literate ensures financial stability and security. It also allows you to have a variety of different financial skills; such as creating a budget, understanding how credit works, being able to save for retirement, and becoming wiser with how to manage your money.

Hope this helps! Have an amazing day! :D

8 0

2 years ago

enterprise project management software is also known as a tool of project management software.low-end mid range high-end baselin

aleksandrvk [35]

Enterprise project management software is also known as high-end tools of project management software. Thus, option C is correct.

<h3>What is management? </h3>

Management can be defined as the way that a person tries and coordinate with different people in different departments.

Enterprise project management also known as EPM defines that there will be coordination between the department and the means that it ensures that the expectation and the goal are being met according to the standards.

High-end product development solutions are frequently referred to as corporate software for managing projects. Therefore, option C is the correct option.

Learn more about management, here:

brainly.com/question/14543866

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3 0

1 year ago

How much would you have to deposit today if you wanted to have $54,000 in five years? Annual interest rate is 8%. (PV of $1. FV

mestny [16]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A) How much would you have to deposit today if you wanted to have $54,000 in five years? The annual interest rate is 8%.

We need to use the following formula:

PV= FV/(1+i)^n

PV= 54,000/(1.08^5)= $36,751.49

B) Assume that you are saving up for a trip around the world when you graduate in two years. If you can earn 7% on your investments, how much would you have to deposit today to have $14,500 when you graduate?

PV= 14,500/1.07^2= $12,664.86

C) Calculate the future value of an investment of $643 for eleven years earning an interest of 8%.

FV= PV*(1+i)^n

FV= 643*1.08^11= $1,499.24

D) Would you rather have $643 now or $1,000 eleven years from now?

It depends on the interest rate. We will assume 8%.

PV= 1000/1.08^11= 428.88

It is better to have $643 today.

5 0

3 years ago

Ramsey Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 60,000 subsc

Alexxandr [17]

Answer:

The correct answer is B

Explanation:

The journal entry to record the sale of the subscription is as:

Cash A/c.............................................................Dr $600,000

To Unearned Subscription Revenue A/c..........Cr $600,000

As company made a sale of the subscription, so cash is received from sale therefore any increase in asset is debited. So, the cash account is debited. And the unearned subscription revenue is credited because cash is received against subscription sale.

8 0

3 years ago