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3 years ago

Who benefits from the free market economy

1 answer:

6 0

A free market economy has two key advantages. First, it allows for individuals to innovate. Individuals have the freedom to create new ideas, new products, and new services to sell for profit. They are not required to only produce what the government tells them to produce.

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Type the correct answer in the box. Which marketing-related concept is described in the following scenario? The booming Industri

DanielleElmas [232]

<u>Answer: </u>Production concept

<u>Explanation:</u>

Production concept is based on concentrating on the efficiency of the production and manufacturing. The basis of production concept is to make the goods available to the consumer at affordable prices. By producing in mass quantities the companies believed they can reduce the cost of production.

Also that supply can be increased when the cost of production is lower. Economies of scale can be achieved by the company when they reduce cost of production they can increase their profit earning capacity.

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3 years ago

Which of the following statements is NOT CORRECT? a. An important step in applying the corporate valuation model is forecasting

KIM [24]

Answer:

E. The corporate valuation model discounts free cash flows by the required return on equity.

4 0

3 years ago

Thorkfeld Company incurred depreciation expenses of $28,900 last year. The sales were $755,000 and the addition to retained earn

blondinia [14]

Answer:

Cost of Goods Sold is = $697213.44

Explanation:

given data

depreciation expenses = $28,900

sales = $755,000

retained earnings = $10,200

paid interest = $6,200

dividends = $5,000

tax rate = 33 percent

solution

first we get here EBIT that is express as here

EBIT = Earnings for equity holders + Tax + Interest ...............1

Earnings for equity holders = Dividend Paid + retained earnings

Earnings for equity holders = $5,000 + $10,200 = $15200

here Tax is = $\frac{15200}{67}$ × 33 = 7486.56

so here EBIT = $15200 + $7486.56 + $6,200

EBIT = $28886.56

so Cost of Goods Sold is = sales - depreciation - EBIT ..................2

Cost of Goods Sold is = $755,000 - $28,900 - $28886.56

Cost of Goods Sold is = $697213.44

3 0

3 years ago

Debt-to-equity ratio is:

babymother [125]

The D/E ratio indicates how much debt a company is using to finance its assets relative to the value of shareholders' equity

5 0

3 years ago

A ________economy usually stresses the equality of all citizens. A________ economy aims to be self-sufficient. A ________economy

Alja [10]

Answer:

Command economy

Closed Economy

Traditional Economy

Mixed Market Economy

Explanation:

A command Economy stresses the equality of all citizens.e. g Cuba and North Korea

A closed economy aims to be self sufficient with all activities confined to its economy.e.g Brazil's economy.

A traditional economy being the oldest form of economy upholds culture and history and as such relies more on bartering than money. It is mostly common in emerging markets and developing countries.

A mixed economy encourages private businesses with a degree of state monopoly.Example is the USA's economy.

5 0

3 years ago

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Who benefits from the free market economy ​

Who benefits from the free market economy