Answer: the profit motive
Explanation:
The invisible hand refers to the indirect benefit that s society gets from the free market economy.
A free market economy is an economy whereby the decisions in the market are taken by the individuals and the firms and the main motive here is the profit.
Answer:
That is a personal choice depending on how the company is doing and how much you are likley to learn from dividends
Answer:
Loss= -$3,000
Explanation:
Giving the following information:
Selling price= $1,000
Purchase price= $12,000
Accumulated depreciation= $8,000
<u>First, we need to calculate the book value:</u>
Book value= 12,000 - 8,000= $4,000
<u>If the book value is higher than the selling price, the company loses from the sale:</u>
Gain/loss= selling price - book value
Gain/loss= 1,000 - 4,000
Loss= -$3,000
