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timofeeve [1]
3 years ago
11

A system of __________

Business
1 answer:
lakkis [162]3 years ago
8 0

Answer:

B. Free enterprise and voluntary exchange

Explanation:

If I had to take I guess I would choose free enterprise tbh

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The modern enterprises reported all assets in the accounts at current market value. This action is a violation of:
maw [93]

This action is a violation of Cost Principle or Historical Cost Concept.

<h3>What is Historical Cost Concept?</h3>

The historical cost principle states that a company or business must account for and record all assets at the original cost or purchase price on their balance sheet and not at its market price.

The historical cost principle forms the foundation for an ongoing trade-off between usefulness and reliability of an asset.

Thus, if the modern enterprises reported all assets in the accounts at current market value. This action is a violation of Cost Principle or Historical Cost Concept.

Learn more about Historical Cost Concept here,

brainly.com/question/27622433

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4 0
2 years ago
A deep sea diving bell is being lowered at a constant rate. After 12 ​minutes, the bell is at a depth of 400 ft. After 50 minute
ella [17]

Answer: After 50 minutes the bell is at a depth of 2000 ft so we can find the average rate by

2000/50 =40 ft per minute.

We ignore the 400 ft in 12 minutes because that is included when we take out the average at 50 minutes and adding it in would be an error of doubly entry.

Explanation:

6 0
4 years ago
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 10,000
zmey [24]

Answer:

20.50 times

Explanation:

Cash coverage ratio = (EBIT + Depreciation) / Interest paid

Cash coverage ratio = ($1,640+$410) / $100

Cash coverage ratio = $2,050 / $100

Cash coverage ratio = 20.50 times

So, the cash coverage ratio for 2017 is 20.50 times

5 0
4 years ago
Selling is the direct, personal communication with prospective customers to assess their needs.
user100 [1]

False, forgot the payment or goods exchange part.

7 0
3 years ago
An individual operating on the reality principle seeks ________.
butalik [34]
<span>This individual seeks a rational way to achieve personal gratification. In this Freudian principle it is generally thought that the ego is able to control the pleasure seeking part of the human component (known as the id). This control enables the human to live within reality in a rational way; to meet the needs and demands of the surrounding world.</span>
3 0
4 years ago
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