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3 years ago

What constitutional guarantees underlie the American free enterprise system?. .

1 answer:

8 0

<span>The Bill of Rights guarantees certain individual freedoms, such as freedom of speech and freedom of religion. The Constitution also guarantees important rights that allow people to engage in business activities. Property Rights – This is the most important of the rights. It is part of the 5th Amendment Rights. 14th Amendment allowed for due process – the government cannot take your property except if there is a public reason. Even under those circumstances, the government must pay you fair value for your property. Taxes Taxation – There are basic rules for taxation that are outlined in the Constitution. The government can only tax the way the Constitution allows it to. Direct taxes have to be apportioned by population so that everyone will pay he same amount. Constitution allows people and businesses to make binding contracts. </span>

You might be interested in

When the overall level of goods and services available remains constant?

MAXImum [283]

It is called economic stability.

8 0

3 years ago

1. describe a buying situation in which you were successfully cross-sold and a situation in which you were ""traded up.""

geniusboy [140]

To Cross-sold means a sales tactic used to get a customer to spend more by purchasing a product that's related to what had been bought already. Read below about trade up.

<h3>What does it mean to be traded up?</h3>

To be traded up means to have added a higher-priced, higher-quality version of a product to the range, generally to increase sales of the lower-priced model through consumer association of its image with the more prestigious model.

Therefore, the correct answer is as given above.

learn more about trading up: brainly.com/question/13760478

#SPJ11

3 0

2 years ago

Speedy Print Shop bought a new photocopier to offer customers the opportunity to make high-quality copies out of their digital p

Brilliant_brown [7]

Answer:

Option (D) is correct.

Explanation:

The payback period is the amount of time required to get your investment back.

Shorter the payback period, the better it is for the investor.

Given that,

Useful life = 6 years

Copier cost = $7,740

Generate annual cash inflows = $2,150

Therefore,

Payback period = Initial investment ÷ Annual cash inflow

payback period = $7,740 ÷ $2,150

= 3.60 years

8 0

4 years ago

On January 1, 2014, Fishbone Corporation sold a building that cost $260,300 and that had accumulated depreciation of $105,700 on

Drupady [299]

Answer:

1. The amount of gain should be reported: $37,983

2. The answer is $291,131

Explanation:

The actual consideration's receipt is the present value of the cash flow from the note which is calculated as 249,400 / ( 1+9%)^3 = $192,582.5599

The Net book value of asset = Original cost - accumulated depreciation = 260,300 - 105,700 = $154,600

=> Gain on sales = $192,582.5599 - $154,600 = $37,983

To determine the amount needs to paid out for the purchase, determine the price per stock first.

The stock price will be determined as the present value of cash flows from bonds, discounted at yield to maturity.

We have: Annual coupon payment = 1,000 x 9% = $90

=> Stock price = (90/11%) x ( 1 - 1.11^-10) + 1,000/1.11^10 = 882.21536

=> Amount need to be paid for the purchase = stock price x bond purchased = 882.21536 x 330 = $291,131

6 0

3 years ago

Tamarisk, Inc. reported net income of $194,700 for 2020. Tamarisk also reported depreciation expense of $47,700 and a loss of $4

Rina8888 [55]

Answer:

$292,300

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is presented below:

Cash flow from Operating activities

Net income $194,700

Add: Depreciation expense $47,700

Add: Loss on the disposal of plant assets $4,900

Add: Decrease in accounts receivable $19,900

Add: Increase in accounts payable $21,900

Add: Decrease in prepaid expenses $3,200

Net Cash flow from Operating activities $292,300

5 0

3 years ago