Free enterprise is when people enjoy many economic freedoms. Having this in mind, the situation that best reflects the concept of free enterprise is the first choice - consumers have a choice between two bakeries in a single city block.
Answer:
Professional Communication: The term professional communication refers to the different forms of speaking, listening, gestures and writing to and fro in the workplace. It can be either in person or through emails or any other electronic communication.
Example: Listening carefully while someone is giving speech. Mobile on silent mode while in meeting.
Unprofessional Communication: The term unprofessional communication refers to the different forms of speaking, listening, writing and gestures in a casual manner which seems to be rude and not up to the mark.
Example: Verbally interrupting is an unprofessional method of not listening. Mobile phone rang in a meeting.
Answer:
Cost of goods sold = $244,000
Explanation:
We will calculate the manufacturing overhead underapplied or over applied
Manufacturing overhead underapplied= Incurred overhead- Overhead applied
Manufacturing overhead underapplied= 84,000- 80,000
Manufacturing overhead underapplied= $4,000
Cost of goods sold= Start finished good inventory- Ending finished good inventory + cost of good manufactured + overhead underapplied
Cost of goods sold= 50,000 - 46,000 + 236,000 + 4,000
Cost of goods sold = $244,000
Answer:
Explanation:
As we know that time interest earned ratio = Income before interest and taxes / interest expense.
Sales = 546000
less: cost of goods sold = (<u>244410</u>)
Gross profit 301590
Less: <u>expenses</u>
Depreciation expense =( <u>61900 </u>)
Profit before interest and taxes 239690
Less: tax
(239690 * 23%) = (<u>55128</u>)
Profit 184562
Profit - Retained earning Addition = Interest
184562 - 74300 = 110262.
Interest earned ratio = 239690 / 110262 = 2.17 times
Answer:
Like the title of the article states, all economy relayed choices are the results of an incentive or disincentive a potential polluter faces. He gave the example of the Lake Erie, stating that is highly reasonable (although highly unethical) it is polluted, as it is financially efficient to simply dump garbage in the lake, rather than invest in a recycling or waste management system. He also added, that since the lake is a public good, no one will look at the pollution as a serious concern, since it isn't owned by anybody.
All of this implies that a structured, incentive system has to be created in order to curb pollution.
