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RideAnS [48]
3 years ago
10

Which type of economy best represents individual preferences and a lack of government interference?

Business
1 answer:
goldenfox [79]3 years ago
5 0

Answer:

Market

Explanation:

A market economy also is known as a free economy

In a market economy,  individuals and businesses have the freedom to choose what they will buy or sell. They also determine the quantities, time, and the prices of the goods and services produced.  

In the market economy, the government and the market are separated. It means that the government does not interfere with the operations of the market. Self-interests drive Individuals' and firms' actions. The economy will have a  wide range of goods and services which offer customer options when buying.

Market economies are a hypothesis. No country in the world operates a pure market economy. The US economy, which gives buyers and sellers the freedom to choose, has some government interfere in the form of regulation.

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The cash effects of transactions that create revenues and expenses are
iren [92.7K]

Answer:

The cash effects of transactions that create revenues and expenses are operating activities.

Explanation:

Operating activities are useful to stable the business and they are mostly based on cash transactions. Business need cash for their daily operational activities.

6 0
3 years ago
Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $707,000, Interest expense = $58,000, and
ololo11 [35]

Answer:

$1.15 per share

Explanation:

The computation of the earning per share is shown below:

Earning per share = Net income ÷ common stock outstanding shares

where,

Net income is

= EBIT - interest expense - taxes

= $707,000 - $58,000 - $224,000

= $425,000

And, the common stock outstanding shares is 370,000

So, the earning per share

= $425,000 ÷ 370,000 shares

= $1.15 per share

8 0
3 years ago
The drawer is the help please
natali 33 [55]
The answer is not A or B or C. It should be D.
5 0
3 years ago
Which one of the following statements is true?A) The current yield on a par value bond will exceed the bond's yield to maturityB
Tems11 [23]

Answer:

E) A discount bond has a coupon rate that is less than the bond's yield to maturity

Explanation:

A discount bond has a coupon rate that is below the bond's YTM this means that the bonds coupons or payments are lower than the Interest rate.

4 0
3 years ago
The direct method of reporting operating cash flows: ________
nalin [4]

Answer:

e. Is not recommended by the FASB, but is commonly used.

Explanation:

A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.

The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;

1. Cash-flow from investing activities: it represents the cash flow from investment such as proceeds from the sale of plant, equipments etc.

2. Cash-flow from financing activities: it represents the cash flow from debt or equity. Typically, it's the costs used in a financing a business.

3. Cash-flow from operating activities: it represents cash-flow and transactions from operational business activities such as employee salary, sales of goods etc.

Generally, the statement of cash flows provides financial information about an organization's operating profitability and how it use its operating cash flow.

Financial accounting standards board (FASB) is a private, non-profit organization saddled with the responsibility of establishing and maintaining financial accounting and reporting standards for general guidance of individuals or capital providers such as investors, issuers and auditors.

In Financial accounting, the direct method of reporting operating cash flows uses actual cash inflows and outflows from the operating activities of a company by generating data from the income statement (cash receipts and cash disbursements/payments).

However, the direct method of reporting operating cash flows is not recommended by the FASB, but it's commonly used.

This ultimately implies that, it's a recommended accounting method, but it's not an accounting standard required by the financial accounting standards board (FASB).

7 0
3 years ago
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