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3 years ago

In which system is private property found?

2 answers:

5 0

I believe the correct answer from the choices listed above is option C. It is in a free enterprise system that a private property is found. It is a type of economy where products, prices, and services are determined by the market, not the government. Hope this answers the question.

Hunter-Best [27]3 years ago

4 0

The answer is C. free enterprise

I know this because...

freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance.

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Motors is a chain of car dealerships. Sales in the fourth quarter of last year were $4,600,000. Suppose management projects that

MariettaO [177]

Answer:

Budgeted Income Statement for each of the four quarters and for the entire year

Quarter 1st 2nd 3rd 4th

Sales $4,738,000 $5,069,660 $5,323,143 $5,536,069

Cost of Sales ($2,132,100) ($2,281,347) ($2,395,414) ($2,491,231)

Gross Profit $2,605,900 $2,788,313 $2,927,729 $3,044,838

Operating Costs ($1,421,400) ($1,520,898) ($1,330,786) ($1,107,214)

Operating Profit $1,184,500 $1,267,415 $1,596,943 $1,937,624

Explanation:

Pay attention to the calculation of the following amounts :

Sales - These are based on increments per quarter
Cost of Sales - The Cost for quarter is at 45% of Revenue
Operating Costs - Based on Sales amounts ( 30 % in the first two quarters , 25% in third and 20% in the 4th quarter.)

6 0

3 years ago

Q Co. prepares monthly income statements. A physical inventory is taken only at year end; hence, month-end inventories must be e

Dmitriy789 [7]

Answer:

$14,000

Explanation:

Sale made = Accounts Receivable on 30 June + Collections of accounts - Accounts Receivable on 1 June

= $15,000 + $25,000 - $10,000

= $30,000

Cost of goods sold = Sales made ÷ rate of mark-up on cost

= $30,000 ÷ 150% × 100%

= $20,000

Estimated cost of the June 30 inventory = Inventory Balance on June 1 + Purchases made during June - Cost of goods sold

= $18,000 + $16,000 - $20,000

= $34,000 - $20,000

= $14,000

5 0

3 years ago

If a firm has a monopoly in the market in its country, what happens to that monopoly when that country becomes part of a trade b

const2013 [10]

Uh nope cant anwserthis one lol

3 0

3 years ago

A major lottery advertises that it pays the winner $10 million. However, this prize money is paid at the rate of $ 500,000 each

My name is Ann [436]

Answer:

We have to discount these payments to find the present value

500,000

500,000/1.1

500,000/1.1^2

500,000/1.1^3

We keep on doing this until we reach 500,000/1.1^19

After that we add all the payments and get the value. A less time consuming way of doing it is using a financial calculator

Pv=?

N=19

FV=0

PMT=500,000

=4,182,460.05 we add 500,000 to this because the first payment was not discounted=4,682,460.05= Present Value.

Explanation:

8 0

3 years ago

Caplico Company has prepared the following sales budget:

hichkok12 [17]

Answer:

1.b 2.a

Explanation:

7 0

3 years ago

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