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Law Incorporation [45]
3 years ago
12

What are some benefits to private ownership? Select three answers.Private ownership provides offices for government workers.Priv

ate ownership provides land or goods for all citizens to use.Private ownership can make it possible for a business to earn money.Private ownership might help a person move to another economic class.Private ownership allows a person to own goods that may increase in value.
Business
2 answers:
neonofarm [45]3 years ago
8 0

Answer:

3) Private ownership can make it possible for a business to earn money.

4) Private ownership might help a person move to another economic class.

5) Private ownership allows a person to own goods that may increase in value.

This is correct I'm sure:)))))

goldenfox [79]3 years ago
7 0

Answer:

Private ownership can make it possible for a business to earn money

Private ownership might help a person move to another economic class

Private ownership allows a person to own goods that may increase in value.

Explanation:

Private ownership is a type of system that allocates objects and things to a particular individuals to use and manage as they please, to the exclusion of others and to the exclusion of any detailed control by society. Legally, private ownership refers to the ownership of property by non-governmental legal entities. Financial benefits or loss,that may arise from the ownership of the property is left to the owner alone to manage.

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Using a perpetual inventory system, the seller’s journal entry to record the sale of merchandise on account includes a:_________
alexandr1967 [171]

Answer:

D. Debit to Accounts Receivable

Explanation:

Transaction of sale in Perpetual Inventory system will be recorded as follow:

                                          Dr.    Cr.

Account Receivable         xxx

Sales                                          xxx

Cost of Goods Sold          xxx

Merchandise Inventory            xxx

There is no entry to purchases, cost of goods sold is debited and inventory is credited. So, the only correct option which is dealt in above transactions.

5 0
3 years ago
Toggle Company reported sales of $310,000 and cost of goods sold of $180,000 for 20X2. During 20X2, Toggle’s accounts receivable
kiruha [24]

Answer:

Cash Received from customers = $293,000

Cash payments to suppliers = $167,000

Cash flows from operating activities = $460,000

Explanation:

<u>Cash Received from customers is calculated as follows :</u>

Sales                                                      $310,000

Less Increase in accounts receivable  ($17,000)

Cash Received from customers         $293,000

<u>Cash payments to suppliers  is calculated as follows :</u>

Cost of goods sold                              $180,000

Decrease in Inventory                            $8,000

Decrease in Payable                            ($21,000)

Cash payments to suppliers                $167,000

<u>Cash flows from operating activities is calculated as follows :</u>

Cash Received from customers         $293,000

Cash payments to suppliers                $167,000

Cash flows from operating activities  $460,000

7 0
3 years ago
How can you value our farmers in your own simple way​
SOVA2 [1]

Answer:

By helping them

Explanation:

We need to cooperate

3 0
3 years ago
d (i). Suppose that ZX Inc. is currently selling at $50 per share. You buy 200 shares, using $5,000 of your own money and borrow
strojnjashka [21]

Answer:

-21%

Explanation:

Initial share price = $50

Share price after 1 year = $46

net return = (200 x $46) - $10,000 - ($5,000 x 5%) = $9,200 - $10,000 - $250 = -$1,050

rate of return of margined position = -$1,050 / $5,000 = -0.21 = -21%

when you operate on the margin, your earnings can increase or decrease dramatically. In this case, an 8% price decrease resulted in a 215 lose.

8 0
3 years ago
The two types of distribution channels are direct and ________________.
Umnica [9.8K]
The answer is (Indirect).
8 0
3 years ago
Read 2 more answers
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