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Irina-Kira [14]
2 years ago
8

In a market economy, who makes the decisions that guide most economic activity?.

Business
1 answer:
iragen [17]2 years ago
8 0

Answer:

A market economy is an economic system in which economic decisions and the pricing of goods and services are guided by the interactions of a country's individual citizens and businesses.

Explanation:

Please tell me if correct If so branliest would be nice

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Weiss Company purchased two identical inventory items. The first purchase cost $30 and the second cost $32. When the Company sol
zhuklara [117]

Answer:

a) FIFO

Explanation:

FIFO means first in, first out. It is an inventory system where the first purchased inventory is the first to be sold . The cost of goods sold is $30 which is equal to the price of the first purchased inventory . Therefore, the FIFO inventory system was used.

LIFO means last in, first out. It is an inventory system where the last purchased inventory is the first to be sold.

Weighted average is when the weighted price of inventory is used as the cost of goods sold.

I hope my answer helps you.

3 0
3 years ago
A financial ratio by itself tells us little about a company since financial ratios vary a great deal across industries. There ar
Sergio [31]

Answer:

When doing time trend analysis for financial ratios we can know how a company's ratio's have changed over time or if they have remained the same, so for example if a company's current ratio was less than 1 a year ago and is 3 now it means that the company was not very liquid a year ago but since then has made changes because of which it is liquid now, so we can see how a company has performed over a certain period of time.

On the other hand peer group analysis tells us how a company is performing compared to other companies in the same industry. For example if our cement company has a profit margin of 7% but the industry average is 15% we know that our company is doing something wrong  or different as compared to the industry and we can look into it.

Explanation:

3 0
3 years ago
What type of activity is the purchase of equipment for cash?
RSB [31]
<span>Acquisition or Procurement is the means on how equipment is bought for businesses and the military. However for peoples own personal use, shopping is the more common everyday word.</span>
6 0
3 years ago
Variations in each product a firm markets in its mix are referred to as the _____ of its product mix.
Allisa [31]
Answer:  "depth" .
____________________________________
3 0
3 years ago
How can you make money at 13 years old.​
irakobra [83]
You can clean peoples trash cans and recycling bins in you’re neighborhood. I do this and I’m 16. It’s super easy and you make so much, I charge 20 bucks for both bins and sometimes if ppl are nice, they’ll tip u extra ;). This is super creative and shows a lot about you to others in the neighborhood. All there is to it is spraying the hose in the bin with some dish soap, using some disinfectant spray on the inside, and using a fresh center spray in the bin to make it smell good :) people love this!!
3 0
3 years ago
Read 2 more answers
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