Here are the five basic principles found in a free enterprise system:
1) Governments have no control over the buying & selling of products & services.
2) The "invisible hand" of market supply and demand occurs
3) Governments may only be involved with to provide education, the army, and public health services (and other merit goods)
4) Governments may only provide public goods (such as lampposts) which bring no profit for sales people, as you cannot stop people from using those items.
5) Usually, there's a great difference in the distribution of wealth
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Appendixes p. 690
<span>Assistance Performance, Restoration. </span> breathing (mechanical ventilation) circulating the blood (dialysis), or restoring the natural rhythm of the heart
This part of the section is really important in order to restore the root of physiological function on the patient which will remove them from life-threatening situation
Answer:
$7,776,899
Explanation:
Calculation to determine what interest expense would it recognize in its 2021 income statement
Interest expense= $388,844,955 * 8% * (3 months/12 months)
Interest expense= $31,107,596.4 * 3/12
Interest expense= $7,776,899
Therefore the interest expense that would be recognize in its 2021 income statement is $7,776,899
Answer:
The answer is: B) Did not terminate.
Explanation:
S corporations (small business corporation) are corporations that choose to pass corporate income, losses, deductions, and credits through to their shareholders for taxation purposes.
In order for an S Corporation to terminate, stockholders owning more than 50% of the corporation's stock must file a revocation statement.
Dart Corp has 100,000 common stocks outstanding, so to file a revocation statement, stockholders owning at least 50,001 stocks must approve it. In this case only stockholders owning 35,000 stocks approved the revocation statement.