_______ is a place where children typically go to school before they enter kindergarten.

In a free market system, ____. A. central planning determines supply B. government forces primarily determine prices C. most ne

natka813 [3]

Answer: Option E

Explanation: In a free market system the prices of goods and services produced are determined by the market forces of demand and supply. This are also known as open market.

The intervention of govt. in regulating such markets is very minimal. Thus, the control in such markets stands in hands of private owners. Therefore, the private owners produce with the single aim of profit maximization in such economies.

Hence we can conclude that the right option is E.

4 0

3 years ago

Competition in a market system denotes a condition where A. the diffusion of economic power limits its potential abuse. B. any g

iragen [17]

Answer:

The answer is: A) the diffusion of economic power limits its potential abuse.

Explanation:

Ina market system, producers will be willing to offer what consumers are willing to pay. That means that consumers are "kings" if competition exists in a market. Consumers should be able to choose what product suits them best and satisfies their needs. A large number of suppliers guarantees more consumer satisfaction.

Problems start when competition starts to vanish and monopolies appear.

7 0

3 years ago

The financial statements for Castile Products, Inc., are given below: Castile Products, Inc. Balance Sheet December 31 Assets Cu

Delicious77 [7]

Answer and Explanation:

The computation is shown below;

1.

Working capital = Current Asset - Current Liabilities

= $569,000 - $280,000

= $289,000

2.

Current ratio = Current Asset ÷ Current Liability

= $569,000 ÷ $280,000

= 2.03

3.

Acid-test (quick) ratio = {(Current Asset - Inventory - prepaid expense) ÷ Current Liabilities }

= {{$569,000- $320,000 - $8,000) ÷ ($280,000)}

= 0.86 times

4.

Debt-Equity ratio = Total Liability ÷ Shareholders' Equity

= $670,000 ÷ $759,000

= 0.88 times

5.

Times interest earned = EBIT ÷ Interest Charges

= ($1,224,000 + $35,100) ÷ ($35,100)

= 35.87 times

6.

Average collection period

= 365 ÷ ($3,010,00 ÷ $215,000)

= 26 days

The $215,000 comes from

= ($210,000 + $220,000) ÷ 2

= $215,000

7. The average sales period is

= 365 ÷ ($1,110,000 ÷ $300,000)

= 99 days

The $300,000 comes from

= ($280,000 + $320,000) ÷ 2

= $300,000

8. The operating cycle is

= 99 days - 26 days

= 73 days

3 0

3 years ago

Problem location and definition is the first step toward finding a solution to a marketing problem or launching a research study

Lina20 [59]

Problem location and definition is the first step toward finding a solution to a marketing problem or launching a research study. The sign of a problem is usually a departure from some normal functions, for instance, failure to attain objectives.

5 0

3 years ago

Joe is a new broker. how often will he be required to reconcile his escrow account(s)?

storchak [24]

Joe is a new broker. He will be required to reconcile his escrow account monthly.

<h3>Who is a broker?</h3>

In order to earn a commission after the trade is completed, brokers organize transactions between buyers and sellers.
Brokers that take on dual roles as buyers or sellers are considered primary parties to the transaction.
Neither function should be mistaken with that of an agent, who represents the principal party in a transaction.
An impartial party whose services are often used in several businesses is a broker.
The main duty of a broker is to connect buyers and sellers; as a result, the broker acts as a neutral intermediary between a buyer and a seller.
A real estate or stockbroker who helps in the sale of a property would be an example.

To learn more about broker with the given link

brainly.com/question/14094023

#SPJ4

6 0

2 years ago