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solmaris [256]
3 years ago
12

The American economy is based on both capitalism and free enterprise. What does this mean?

Business
1 answer:
choli [55]3 years ago
3 0
Capitalism is when a country's industry is controlled by individual owners, not by the state. Free enterprise is an economic system where businesses compete without much state control. Hope this helps!
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____ refers to how the organization meets goals and deals with outsiders
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External adaptation, hope that helps!
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3 years ago
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Activities and Cost Drivers For each of the following activities, select the most appropriate cost driver. Each cost driver may
rjkz [21]

<u>Activities</u>

- Pay Vendors

- Evaluate Vendors

- Inspect raw materials

- Plan for purchases of raw materials

<u>Cost Drivers:</u>

a) Number of different kinds of raw materials

b) Number of classes offered

c) Number of tables

d) Number of employees

What is Cost Drivers ?

A cost driver causes a change in an activity's cost. The idea is most frequently applied to allocate overhead expenses to the quantity of produced units. In order to reduce the cost of overhead, it can also be utilized in activity-based costing analysis to identify the causes of overhead. An activity-based costing system may employ a variety of cost drivers. Just one cost driver should be employed if a company just cares about adhering to the minimum accounting standards to allocate overhead to produced items. Cost drivers include things like the amount of customer interactions, engineering change orders, machine hours consumed, and product returns, as well as the number of direct labor hours performed.

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8 0
1 year ago
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A 10-year corporate bond has an annual coupon of 9%. The bond is currently selling at par ($1,000). Which of the following state
iVinArrow [24]

Answer:

a. The bond’s expected capital gains yield is zero.

Explanation:

Since the bonds are issued at par so capital gains yield is zero.

5 0
3 years ago
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Which level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assuranc
Neko [114]

The level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assurance regarding the accuracy of the information would be low only.

In the given scenario we are given that there is no way to reassure ourselves that the information is accurate about the lemons in the existing market.

So we can not be a hundred percent sure that the information regarding the lemons existing in the market is correct.

As a result, if there was no method to verify the authenticity of the information, only low-quality information would eventually be available in the market for lemons.

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3 0
1 year ago
Quantitative Problem: Jenna is a single taxpayer with no dependents so she qualifies for one personal exemption. During 2013, sh
Margaret [11]

Answer:

$26,898.25

Explanation:

Jenna'a taxable ordinary income = $126,000 - $6,100 (standard deduction) - $3,900 (personal exemption) = $116,000

ordinary income taxes = $17,891.25 + [($116,000 - $87,850) x 28%] = $25,773.25

capital gains taxes = $7,500 x 15% = $1,125

total tax liability = $25,773.25 + $1,125 = $26,898.25

8 0
3 years ago
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