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2 years ago

What is the primary initiatives of a free enterprise system

Business

1 answer:

Leno4ka [110]2 years ago

7 0

Answer:

the freedom for individuals to choose businesses, the right to private property, profits as an incentive, competition, and consumer sovereignty.

Explanation:

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The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases. false true

anyanavicka [17]

The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases.

FALSE

6 0

3 years ago

refers to the process of developing a working replica of the system or some aspect of the system. a. Use case modeling b. Protot

Bumek [7]

b. Prototyping refers to the process of developing a working replica of the system or some aspect of the system.

Explanation:

A prototype is a sample used by the system analysts or users to evaluate the new design or build to determine its precision. A prototype is a trial product or software that is widely used in software programming and electronics.

The accuracy of the newly developed product can be checked with the help of prototype. Prototype is the replica of the real product. It helps in correcting design error before its production. Consumer gets easily attracted by seeing the prototype before the release of the original product.

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3 years ago

The average do-it-yourself bedroom makeover costs $475 with a standard deviation of $86 (fictional data). tanya redoes her daugh

irinina [24]

Given with $475 as the previous cost of the do-it-yourself bedroom makeover, $602 as the cost when she redoes her daughter's room, and $86 as the standard deviation. The percent of bedroom makeovers cost less than Tanya spent, that is rounded to two decimal places is 93.06%.

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3 years ago

Describe the opportunity cost of attending a four-year college (assuming a full-time schedule, living on-campus). Given these op

Olegator [25]

Answer:

Opportunity Cost refers to loss of potential gain which could've resulted from other non chosen alternatives when one opts for an alternative. It's also defined as the next best alternative.

The Opportunity Cost of attending a 4 year college with full time schedule & living on campus would be the foregone income another student earns who works in an organization for those same number of hours for the same duration of 4 years and also the fees paid for those 4 years at the college which if would've been banked or invested would've yielded a return.

The reason for choosing a four year college experience over above mentioned alternatives could be the in the form of expected higher income once an individual avails a degree.

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3 years ago

The following transactions occur for Cardinal Music Academy during the month of October: Provide music lessons to students for $

Masteriza [31]

Answer:

a. Journal entry to record music lesson

Date Account title and Explanation Debit Credit

October Cash $12,500

Service revenue $12,500

(To record music lesson for cash)

b. Journal entry to record prepaid insurance purchase

Date Account title and Explanation Debit Credit

October Prepaid insurance $3,660

Cash $3,660

(To record prepaid insurance paid for next year)

c. Journal entry to record musical equipment purchased

Date Account title and Explanation Debit Credit

October Equipment $15,500

Cash $15,500

(To record musical equipment purchase for cash)

d. Journal entry to record

Date Account title and Explanation Debit Credit

October Cash $21,000

Notes payable $21,000

(To record loan taken by signing a note)

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3 years ago