Answer:
B. is a particular set of institutional arrangements and a coordinating mechanism used to respond to the economizing problem.
Explanation:
Economic system -
It is the system that is responsible for the resource allocation , production and the distribution of the services and goods , is known as an Economic system .
Economic system includes - the institutions of decision-making , agencies .
It works to deal with the problem related to the economy of a country or society .
Hence , the correct option is ( b ) .
Answer:
$20,700
Explanation:
Data provided in the question:
Net Income = $25,100
Cash Provided by Operations = $32,500
Cash Sales = $64,600
Capital Expenditures = $9,600
Dividends Paid = $2,200
Now,
Swifty’ Free cash flow
= Cash Provided by Operations - Capital Expenditures - Dividends Paid
Thus,
Swifty’ Free cash flow = $32,500 - $9,600 - $2,200
or
Swifty’ Free cash flow = $20,700
The correct option is B.
In case of non repayment of loan, the lender can sell the collateral and used the proceeds to cover his losses. A collateral is always in form of properties which are substantial in value, it is often requested that borrowers provide collateral in order to reassure lenders that they will pay up.
Answer:
The answer is option (A) Dr 4,800
Explanation:
Solution
From the given question, the prepaid insurance normally is having a debit balance.
When it is brought forward to next year, this GH₵ 2,400 has to be cancelled once by debiting to suspense account.
Also. it want 2400 to credit the balance in prepaid insurance ledger, it need or require to be credited and debited to suspense account with 2400 balance.
Now, this combined debit to suspense account will result to 4800 (2400 +2400).
