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3 years ago

What are five basic principles found in a free enterprise system?

1 answer:

3 0

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 <span>
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TravelLite and FareLine compete as online travel agencies. Historically, TravelLite has focused more on flights, whereas FareLin

DENIUS [597]

Answer:

16.80% and 39.43%

Explanation:

The formula to compute the net profit margin is shown below:

Net profit margin = Net income ÷ Total revenues × 100

For Travel lite, the net profit margin is

= $1,080 ÷ $6,430 × 100

= 16.80%

And, for fare line, the net profit margin is

= $3,020 ÷ $7,660 × 100

= 39.43%

By dividing the net income or net profit by the total revenues we can get the net profit margin or we can say it is profit percentage that is earned by the company

It is always expressed in percentage

6 0

4 years ago

Reggie, a resident of South Dakota, has an accident with Toby, a resident of Utah, while driving through that state. Toby files

Tanya [424]

Answer: in personam jurisdiction

Explanation: The “long-arm statute,” is a law in majority of states that explains when a court can have in personam jurisdiction over parties who do not reside in that state. Certain conditions must be met for the court to have this jurisdiction. In general, the cause of action should have occurred in the state where the case is being filed; the defendant was personally served with the court papers in the state; or the defendant has a minimum contact with the state.

In personam jurisdiction is defined as a court's jurisdiction over the parties in a lawsuit, that is, it has both the authority to rule on the law and evidences of a suit and the power to enforce its decision upon all parties to the suit.

7 0

3 years ago

Penn Station is saving money to build a new loading platform. Two years ago, they set aside $24,000 for this purpose. Today, tha

vekshin1

Answer:

0,087792106 = rate

Explanation:

We need to calculate the interest of the investment

principal x (1 + rate)^time = value

replacing with the know values

24,000 x (1+rate)^2 = 28,399

28,399/24,000 = (1 + rate)^2

sqrt (28,399/24,000) -1 = rate

now we solve for the unknown value

0,087792106 = rate

4 0

3 years ago

Manhattan Swim Club is planning for the coming year. Investors would like to earn a 10% return on the company's $36,000,000 of a

prisoha [69]

Answer:

$2,200,000

Explanation:

Fixed cost = $12,500,000

Variable cost = 525,000 * $12 = 6,300,000

Total cost = Fixed cost + Variable cost = $12,500,000 + $6,300,000 = $18,800,000

Total revenue = 525,000 * $40 = $21,000,000

Profit = Total revenue - Total cost = $21,000,000 - $18,800,000 = $2,200,000

Therefore, the profit it will earn in terms of dollars is $2,200,000.

3 0

3 years ago

.If a grower wishes to work in wholesale floriculture, which of the following will prove most broadly helpful when determining w

garik1379 [7]

The correct option for this question is D. A schedule indicating preferred products through the year.

Organizations often foster production schedules before they start their assembling processes. This is significant in light of the fact that it helps organizations:

Decide the cost of producing a specific item, including production and work costs.

Distribute an adequate number of monetary assets to each phase of production.

Guarantee that an item arrives at the buyer market rapidly and proficiently.

Decide how long they might expect to finish production and transport their item to merchants.

Guarantee the production of the right measure of an asset.

to know more about the asset click here:

brainly.com/question/25746199

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6 0

1 year ago