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KATRIN_1 [288]
3 years ago
11

The resources used to create wealth are collectively referred to as

Business
1 answer:
vlada-n [284]3 years ago
4 0

Answer:

profit potential

Explanation:

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Harry, Hermione, and Ron formed an S corporation called Bumblebore. Harry and Hermione both contributed cash of $29,400 to get t
Anna007 [38]

Answer:

$29,400; $29,400 and $18,400

Explanation:

Value of parcel of land = $69,800 with a basis = $58,800

Harry's basis is equal to cash contributed which is $29,400

Hermione's basis is equal to cash contributed which is $29,400

Ron's basis = Basis of parcel of land - Mortgage value

                   = $58,800 - $40,400

                   = $18,400

6 0
2 years ago
How can you differentiate between various economic systems that exist
liubo4ka [24]

Answer:

An economic system is defined by the way scarce resources are distributed in an economy.

There are 4 types of major economic systems which are following;

  1. A mixed economy is an economic system, like its name is a mix of elements of planned economies, free markets with intervention of the state and public enterprises.
  2. A command economy is a system where the government is key decision maker of what goods and services will be produced and introduced by the economy.
  3. A market economy is the one in which the investment, production and distribution are dictated by the forces of demand and supply.
  4. A traditional economic system is a result of customs, history and cultural norms which include the rules and manner of their distribution as well.
3 0
3 years ago
I got 100k for the balance of the investment when I did the math so how is it 98k?
ioda

Answer:

because you spend 1k or more

6 0
2 years ago
A customer owns 100 shares of an NYSE listed preferred stock and notices that the typical daily trading volume in the issue is l
Bingel [31]

Answer:

The broker should respond that the Specialist (DMM) on the NYSE flooris obligated to buy the stock at the current market.

Explanation:

Now under the NYSE rules, to make a nonstop market in the assigned stock. A customer is will always be guaranteed that the trade will be executed - on the other hand, the price at which the trade is effected is constantly subject to various market conditions.

So the best response from the broker is that the Specialist (DMM) on the NYSE floors is required to buy the stock at the current market.

8 0
3 years ago
Cragmont has beginning equity of $277,000, net income of $63,000, withdrawals of $25,000 and no additional investments by owners
MatroZZZ [7]
The ending equity is $315,000 This is just a matter of adding income and subtracting withdraws. So let's do it. "Cragmont has beginning equity of $277,000," x = $277000 "net income of $63,000" x = $277000 + $63000 = $340000 "withdrawals of $25,000" x = $340000 - $25000 = $315000
3 0
3 years ago
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