Wher do we choose the communication planning and resource?
Answer:
<em>D. To allow consumers and producers to make their
</em>
<em>own decisions</em>
Explanation:
A <em>free-market system</em> is the market form determined by free market forces of demand and supply.
No government intervention takes place in this form of market as in a centrally planned economic system. This non- intervention of the government prevents <em>economic distortions</em> in the system, which is good for the market.
In a <em>free market system</em> the forces of demand and supply, decide the price of the goods and thereby the output adjustments. The consumers are free to decide the demand and producers are free to decide the product the supply of goods.
Hence, it can be said that <em>the purpose of a free-market system is to allow consumers and producers to make their own decisions.</em>
Answer:
In an Internal Service Fund, the expectation is that:_____.
A. Each year's revenues should equal each year's expenses because the revenues are simply an allocation of that year's expenses.
Explanation:
There are two proprietary funds used in governmental accounting. One is the internal service fund. The other one is the enterprise fund. The internal service fund tracks the goods or services rendered by a service department to other governmental departments. It is established on a cost reimbursement basis. This is why the expenses for the year are expected to equal the annual revenue.
The estimate of the price of Royal Ranch House stock at the end of the fifth year will be $23.45.
- Current price of the common stock = $18.11
- Growth rate = 5.30%
- Time = 5 years.
Therefore, the estimate the price of Royal Ranch House stock by the fifth year will be:
= Current price × (1 + 5.30%)⁵
= $18.11 × (1 + 0.053)⁵
= $23.45
Therefore, the correct option is $23.45.
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