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LiRa [457]
2 years ago
13

Why is protection of private property important to free enterprise?

Business
1 answer:
siniylev [52]2 years ago
6 0

Answer:

In a pure free enterprise system, all property is owned by private citizens and businesses. ... Since private property allows ownership to be spread among a large number of people, power is also widely distributed. This reduces the danger of too much power being controlled by a few.

Explanation:

Hope it helps

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Vashon, a manager at a marketing research firm, is trying to determine if his firm was acting ethically when it conducted its la
shutvik [7]
The step involves identification of ethical issues.
4 0
3 years ago
For the month of September, Florida, Inc., incurs a direct materials cost of $12,000 for 7,500 gallons of strawberry lemonade pr
Blizzard [7]

Answer:

The difference in the direct materials cost per equivalent unit between the two months is $0.70.

Explanation:

First calculate the direct cost per equivalent unit in September

Direct cost per equivalent unit  = Total Cost / Total Equivalent units

                                                    = $12,000 / 7,500

                                                    = $1.60

<u>Difference between the two months.</u>

September   =  $1.60

Less August = ($0.90)

Difference      = $0.70

8 0
2 years ago
Fitch Supply Services received $1,000 cash from a customer; the amount was owed to the business from the previous month. What is
Solnce55 [7]

Answer:

Decrease the accounts receivable account in assets section of balance sheet by $1,000

Increase the cash account in assets section of balance sheet by $1,000

Explanation:

The Accounting equation for any entity is represented by the following equation:

Assets= Equity + Liability

When the entity receive any amount from customer in respect of the any credit sale made to him, the account receivable in the asset section will be decreased by the that amount and the cash section in the asset section will be increased by that amount.

In this case, Fitch supply services shall

Decrease the accounts receivable account in assets section of balance sheet by $1,000

Increase the cash account in assets section of balance sheet by $1,000

7 0
3 years ago
Sawaya Co., Ltd, of Japan, is a manufacturing company whose total factory overhead costs fluctuate considerably from year to yea
coldgirl [10]

Answer:

Explanation:

1. Indirect Material variable cost Per Direct Labor HR 5000000/50000=100

Indirect Material (variable) 100*75000 =7500000

Rent Fixed 6000000

Hence total Maintenace Fixed =17625000-7500000-600000= 4125000

2.

                   Low            High      Change

Cost 3250000 4125000 875000 [4125000-3250000]

Activities 50000          75000   25000

variable Portion of Maitencance cost =875000/25000= 35.00

Fixed cost=4125000-75000*35=1500000

Variable cost=35

cost formula for maintenance= 1500000+35b

3.

Indirect Material (variable) 100*70000 = 7000000

Rent Fixed                      6000000

Maintenance cost = 1500000+35*70000=3950000

5 0
2 years ago
Sadie owns a hair salon. She gives her hairdressers two options for using her​ facility, equipment, and salon​ products: Option​
Sonja [21]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Option​ 1: they can pay Sadie​ $5 per haircut plus​ 20% of their revenue.

Option​ 2: they can pay a flat chair rental of​ $1,000 per month.

The hairdressers charge their customers ​$40 per haircut.

Option1= 5*cut + 8*cut= $13 per cut

Option 2= $1000

1000= 13x

77=x

77 haircuts.

8 0
2 years ago
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