Answer:
<u>e. All of the above.</u>
Explanation:
Interestingly, all the above-listed options could serve as a possible reason why Amazon allows products sold by others to appear on its site.
<em>Remember, </em>Amazon is a marketplace;<em> </em>since the definition of a market involves dealings with several entities, it thus logical to expect Amazon to allow people (other sellers) to transact on its platform.
Answer:
Milton Friedman.
Explanation:
Milton Friedman is an American economist born on the 31st of July, 1912 in New York, United States of America. Milton is a Nobel laureate for his notable work on monetary history and theory, consumption analysis and the complexity of stabilization policy.
The idea that the mission of business is to produce goods and services at a profit, thus maximizing its contribution to society is associated with Milton Friedman.
This ultimately implies that, most business firms have a mission of producing goods and services that meets the need or requirements of the consumer, as well as generating profit to the business firm.
Lowest because to show how scarce it is it will have to be low
Answer:
The journal entries relating to the conversion of preferred stock to common stock are highlighted below:
Dr Preferred stock $45,000
Dr Paid-in capital in excess of par $9,900
Cr Common stock $18,000
Cr Paid-in capital in excess(balancing figure) $36,900
Explanation:
Find in the attached the detailed computations of the amounts above.
