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3 years ago

In a free market system, market prices are determined by (choose all that apply.)

1 answer:

6 0

In a free market system, market prices are determined by:
- Competition
- Self-Interest
- Government

Competition will affect how the producers sell their product to obtain the maximum amount of customers The more competition usually lead to lower price.
Self-interest will determine the interest for a certain product in the market. The more people interested in a product, the higher the price would be.
Government will influence product's price thorugh taxation

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Explain the teams and conflict in organization

zzz [600]

$\: \: \: \: \: \: \:$

<h2>arise when there are disagreements over their goals, methods or needs of the team. </h2>

So when the conflicts are in between the team members they arise, addressing these disagreements and coming to a mutual understanding it allows everyone to collaborate harmoniously and productively.

<h2>hope it helps</h2>

7 0

2 years ago

Gross Inc. signs a five-year licensing agreement with Maiger Company. Gross Inc. will pay Maiger annual installment payments of

olganol [36]

Answer:

$4,500

Explanation:

First, calculate the total Installment

Total Installment payment = Annual Installment x Numbers of annual

Where

Annual Installment = $10,500 per year

Numbers of annual = 5 years

Installment payment = $10,500 per year x 5 years

Installment payment = $52,500

Now use the following formula to calculate the Interest payent

Interest payment = Installment Payment - Fair value of contract

Where

Installment Payment = $52,500

Fair value of contract = $48,000

Placing values in the formula

Interest payment = $52,500 - $48,000

Interest payment = $4,500

7 0

3 years ago

Hinck Corporation reported net cash provided by operating activities of $361,200, net cash used by investing activities of $150,

PolarNik [594]

Answer:

$28,300

Explanation:

Missing word: "Calculate free cash flow."

Free cash flow = Operating cash flow - Capital expenditures - Dividends

Free cash flow = $361,200 - $206,000 - $126,900

Free cash flow = $28,300

So, the Free cash flow of Hinck Corporation is $28,300.

6 0

3 years ago

The multiplier applies to Group of answer choices investment, net exports, and government spending. increases in spending but no

olga2289 [7]

The multiplier applies to the investment, net exports and government spending.

<h3>What is a multiplier?</h3>

This refers to an economic factor that of increased, it can causes an increases in many other related economic variables.

Hence, in economics, its applies to the investment, net exports and government spending.

Therefore, the Option A is correct.

Read more about multiplier

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3 0

2 years ago

Assume that on February 1, Procter & Gamble (P&G) paid $729,600 in advance for 2 years’ insurance coverage. Prepare P&am

Readme [11.4K]

Answer:

Journal entry on February 1:

Debit Prepaid Insurance $729,600

Credit Cash $729,600

Annual adjusting entry on June 30:

Debit Insurance Expense $152,000

Credits Prepaid Insurance $152,000

Explanation:

On February 1, Procter & Gamble (P&G) paid $729,600 in advance for 2 years’ insurance coverage. The company records the insurance as the prepaid Insurance:

Debit Prepaid Insurance $729,600

Credit Cash $729,600

On Jun 30, the last day of the following 5 months, the company records an adjusting entry that Credits Prepaid Insurance for $152,000 ($729,600 divided by 24 months times the 5 months that will be prepaid as of Jun 30) and Debits Insurance Expense for $152,000

Debit Insurance Expense $152,000

Credits Prepaid Insurance $152,000

7 0

3 years ago