1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zzz [600]
3 years ago
14

When voluntary exchanges in the markets determine decisions on production and consumption?

Business
1 answer:
Vesnalui [34]3 years ago
3 0
The definition you provided defines the term market economy
You might be interested in
Career fulfillment means
ANTONII [103]

Answer:

enjoying your work and being well compensated

Explanation:

6 0
3 years ago
Douglas County sought bids for a construction project. Robert Taggart wanted to submit a bid but knew the project needed rock. H
Jet001 [13]

Answer:

No, there is no contract between the two parties because of withdrawal of offer (Revocation) before the acceptance of the other party.

Explanation:

When one party offers another party and after some time the offer maker withdraws the offer by communicating that they had revoked then the offer is no more available to the other party and is often termed as Revocation. So when the offer maker revokes before the acceptance of the offer by the other party then their is no offer at consideration to the other party, which means if there is no offer then their can not be an acceptance of an offer and of course when there is no acceptance then there is no contract.

The communication of revocation was held before the acceptance of the offer of the other party which agains says that the contract was not actually formed.

4 0
4 years ago
Howe Corporation calculates inventory and cost of goods sold one time at the end of every accounting period. In contrast, Kelty
Mariana [72]

The difference is only in the strategy the company wants to use. For some market segments calculating the cost of goods sold by the permanent or periodic method may be more advantageous and allow a better monitoring of business efficiency and profitability. Companies often choose the method that best fits their organizational strategy. The periodic method, for example, as used by Kelty Industries, can be useful for greater input and output control, process optimization, consumer behavior assessment, and other advantages. But if Howe and Kelty wanted to change the calculation method, it would not affect anything, as the result would be the same regardless of the calculation, periodic or daily.

3 0
4 years ago
Get master dude . Its worth it just answer the question by saying <br><br> MASTER
Brums [2.3K]

Answer:

MASTER

Explanation:

Apparently it says to write it so that's is what I did is there anything wrong about that bye

8 0
4 years ago
Read 2 more answers
Cash generated by the regular operations of a business; usually computed as net income plus or minus the effects of other curren
Oliga [24]

Cash generated by the regular operations of a business; usually computed as net income plus or minus the effects of other current assets and current liabilities on cash flows, plus noncash expenses deducted in arriving at net income, minus noncash revenues included, less certain gains and plus any losses that are included in the total proceeds received from sale of fixed assets is given below

Explanation:

  • Cash flows from operating activities show the net amount of cash received or disbursed during a given period for items that normally appear on the income statement. You can calculate these cash flows using either the direct or indirect method.
  • The direct method deducts from cash sales only those operating expenses that consumed cash. This method converts each item on the income statement directly to a cash basis.
  • Alternatively, the indirect method starts with accrual basis net income and indirectly adjusts net income for items that affected reported net income but did not involve cash.
  • The Statement of Financial Accounting Standards No. 95 encourages use of the direct method but permits use of the indirect method.
  • Whenever given a choice between the indirect and direct methods in similar situations, accountants choose the indirect method almost exclusively. The American Institute of Certified Public Accountants reports that approximately 98% of all companies choose the indirect method of cash flows.
  • The direct method converts each item on the income statement to a cash basis.
  • The indirect method adjusts net income (rather than adjusting individual items in the income statement) for (1) changes in current assets (other than cash) and current liabilities, and (2) items that were included in net income but did not affect cash.
  • The most common example of an operating expense that does not affect cash is depreciation expense.
5 0
3 years ago
Other questions:
  • Some people have proposed establishing legal standards and regulations to govern safety-critical computer-based systems.
    6·1 answer
  • Zero Calories Company has 16,000 shares of cumulative preferred 1% stock, $40 par and 80,000 shares of $150 par common stock. Th
    14·1 answer
  • This is a tax on imported goods designed to prevent domestic companies from having to compete with foreign goods of lower price
    11·2 answers
  • In southern California, there are banana plantations. These plantations cannot produce all the bananas consumed by persons in th
    12·1 answer
  • Analyzing and Computing Accrued Warranty Liability and Expense Waymire Company sells a motor that carries a 60-day unconditional
    11·1 answer
  • Below are several amounts reported at the end of the year.
    5·1 answer
  • Explain whether the Statement of Cash Flows is able to illustrate the ‘liquidity’ of an entity to its users and provide ONE reco
    10·1 answer
  • Suppose Sam's Shoe Co. makes only one kind of shoe, which sells for $50 a pair. If they sold 500,000 pairs of shoes, and had a t
    11·1 answer
  • Consider the following situations for Shocker:
    6·1 answer
  • A relevant cost ______. Multiple select question. differs between alternatives is always an opportunity cost pertains to the fut
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!