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Orlov [11]
3 years ago
11

TIMED QUIZ PLS HELP!!! 10 POINTS

Business
1 answer:
madam [21]3 years ago
4 0

Answer:

$3,750

Explanation:

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Eduardo owns a farm in a country where taxes are very high and where the government openly considers the possibility of taking o
Artemon [7]

The major thing which <em>Eduardo's behavior demonstrates </em>is that:

  • The freedom to own property and keep the profits from work is necessary for the survival of an economy.

<h3>What is Freedom to own property?</h3>

This refers to the individual right which every human where he is able to buy and own land or inherit it from someone, or even get it as a gift and keep it.

With this in mind, we can see that Eduardo is staying in an oppressive country where the tax rates are very high and there are no freedom to own property so he begins to stop investing in the farm and focus on subsistence agriculture.

Read more about property ownership here:
brainly.com/question/8107760

8 0
2 years ago
The inventory system employing accounting records that continuously disclose the amount of inventory is called a.retail b.period
omeli [17]

Answer:

The correct option is D

Explanation:

Perpetual inventory is a method of accounting for inventory that records the sale of inventory immediately by the use of computerised point of sale systems.

6 0
3 years ago
Historical Art is a new business. During its first year of operations, credit sales were $50,000 and collections from credit sal
Igoryamba

Answer: $1000

Explanation:

First, we calculate the amount if bad debt expense which will be:

= 3% × $50000

= $1500

Therefore, the balance of accounts receivable at the end of the first year will be:

= Amount of bad debts expense - Account written off

= $1500 - $500

= $1000

5 0
3 years ago
Cyclical unemployment:_________
STatiana [176]

Answer: Occurs only during a recession.

Explanation:

Cycling unemployment is a kind of unemployment where company lay-off workers because they can't meet up with their payments: as a result of a general drop in the demand for goods and services in the economy of country.

Cyclical unemployment are very common in recessions as companies then massively drop workers in their establishment due to general low economic activities.

8 0
3 years ago
Give two examples of mandatory payroll deductions
LuckyWell [14K]

Answer:

Payroll deductions include: Payroll tax withholdings such as fedral, state, and local income taxes, social security taxes, unemployment taxes; Voluntary deductions such as contributions to a pension plan, premium for group life.

3 0
3 years ago
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