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Molodets [167]
3 years ago
5

An economy is created by the interactions between which two groups of people? (Select the best answer.)

Business
2 answers:
Veronika [31]3 years ago
8 0
<span>An economy is created by the interactions between producers and consumers.</span>
marishachu [46]3 years ago
8 0

Answer: Producers and consumers

Explanation:

 An economy is the term which refers to the system of the production, distribution, trade and the consumption different types of services and the product in the specific area.

Economy is basically created by the producers and the consumers interactions. In most of the economics, the money of the services the different types of products are paid by the consumers.

 As, the consumer is the person that buys the services and the product to run its company and organization. The producer is the person who produces the different types of products and services.

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Answer: FIFO

Explanation:

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Why should people who are moving in together consider creating a roommate agreement?
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Answer:

The correct answer is letter "B": It formalizes the logistics agreed upon by the roommates in the case of a dispute.  

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It is January 2nd. Senior management of Digby meets to determine their investment plan for the year. They decide to fully fund a
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3 years ago
Read 2 more answers
Flitter reported net income of $25,500 for the past year. at the beginning of the year the company had $216,000 in assets and $6
Brut [27]

Answer:

There are two ways in which Return on Assets can be calculated depending on whether we consider Total assets at year-end or average total assets.

Return on Assets = \frac{Net Income}{Total Assets at year end}   1

                                                          or

Return on Assets = \frac{Net Income}{Average Assets}       2

Substituting the values in equation 1 we get,

Return on Assets = \frac{25500}{316000}

Return on Assets = \frac{25500}{316000}

Return on Assets = 0.080696203  or 8.07%

Substituting values in equation 2 we get,

Return on Assets = \frac{Net Income}{Average Assets}

Return on Assets = \frac{Net Income}{\frac{Assets at beginning + Assets at year end}{2}}

Return on Assets = \frac{25500}{\frac{216000 + 316000}{2}}

Return on Assets = \frac{25500}{266000}

Return on Assets = 0.095864662 or 9.58%

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