Answer: The answer is given below
Explanation:
According to Gerzema, some of the changes that consumers are making when it comes to spending money or buying an item include the idea of using debit cards at the expense of credit cards. This implies that individuals are now paying for goods and services with the money that is already with them.
He also said individuals now go after the “liquid life”, where he said that individuals define success on liquidity and not on having things. He also said individuals look at organization's values and that they're always looking for ways to have value for things they buy. The cause of these are the fact that consumers are being empowered and also wants to improve their economy.
Answer:
C. a circular flow of influences
Explanation:
The free market system is an economic system in which the prices for products and services is decided by supply and demand without the intervention of the government. As this system is based in the supply and demand, this forces infuence each other which generates a circular flow of influence. According to this, the answer is that the free market is characterized by a circular flow of influences.
Answer:
Values
Explanation:
Values are defined as standards that people use to evaluate people, things, actions, and situations. Values include traits like honesty, beauty, generosity and so on.
So according to Lewis, Valentine, and Harrington when people are in a certain economic situation they will desire the same things and share the same values.
For example middle class citizens value savings to guarantee financial independence.
Answer: income statement and the statement of cash flows
Explanation:
Answer:
Free cash flow will be equal to $18513000
Explanation:
We have given cash provided for operating activities = $155793000
Capital expenditure = $132280000
Dividend paid = $5000000
We have to find the free cash flow
We know that free cash flow is given by
Free cash flow = cash provided for operating activities - capital expenditure - dividend paid = $155793000-$132280000-$5000000 = $18513000