All categories

3 years ago

Explain the four basic elements of all economic systems.

Business

1 answer:

Alekssandra [29.7K]3 years ago

6 0

Answer: They are personal consumption, business investment, government spending, and net exports.

Explanation:

You might be interested in

Developing nations currently account for ________ of FDI in the form of cross-border mergers and acquisitions. Group of answer c

jarptica [38.1K]

Answer: B

Explanation: About one third or less

3 0

2 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)

6 0

3 years ago

The current sections of Buffalo Corp.’s balance sheets at December 31, 2016 and 2017, are presented here. Buffalo Corp.’s net in

Triss [41]

Answer and Explanation:

The preparation of the cash flow from operating activities is presented below:

Cash Flows from Operating Activities

Net income $155,448

Adjustments

Add: Depreciation Expense $27,432

Add: Decrease in Accounts receivable $9,144 (81,280 - 90,424)

Add: Decrease in Inventory $4,064 (170,688 - 174,752)

Less: Increase in Prepaid expenses -$5,080 (27,432 - 22,352)

Add: Increase in Accrued expenses payable $10,160 (15,240 - 5,080)

Less : Decrease in Accounts payable -$7,112 (86,360 - 93,472)

Total of adjustments $38,608

Net Cash Provided by Operating Activities $194,056

The outflow of cash represents in negative sign and the positive sign reflects the inflow of cash

6 0

3 years ago

The __________ phase is probably the single most important determinant of shareholder value creation in mergers and acquisitions

BARSIC [14]

Answer: Post acquisition integration (B)

Explanation:

Post acquisition integration is a complex process of rearranging and combining businesses to materialize the potential efficiencies and synergies which usually motivate acquisitions and mergers.

The process, is usually lengthy and resource intensive. The importance of post acquisition integration cannot be understated, as it allows an acquiror to acquire the long-term value that he or she seeks from the transaction. It is a vital determinant on value creation for the shareholders in acquisitions and mergers.

6 0

3 years ago

Read 2 more answers

U.S. GDPa. includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign co

LuckyWell [14K]

Answer:

The correct answer is letter "A": includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign countries.

Explanation:

The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces. The GDP measures the size of the economy and it is determined by the following formula:

GDP = C+ G + I + NX

Where:

C = Private consumption

G = Government spending

I = Businesses' capital spending

NX = Net exports (exports-imports)

Labor is part of the GDP as well. It could be included in government spending or capital spending. <em>A nation's labor productivity is the sum of all the labor force production within the country regardless of the nationality of the workers</em>. <em>Citizen's productivity working abroad will be included in the GDP of the country where they work</em>.

3 0

2 years ago