The term "mixed economy" refers to an economy: A. which engages in both domestic and international trade. B. which is comprised of both product and resource markets. C. which functions primarily on the basis of custom and tradition. D. which has elements of both command and pure market economies.
Answers: 2
Business, 22.06.2019 08:30, BigDough9090
Acompany recorded a check in its accounting records as $87. however, the check was actually written for $78 and it cleared the bank as $78. what adjustment is needed to the personal statement? a. decrease by $9 b. increase by $9 c. decrease by $18 d. increase by $9
Answers: 2
Business, 22.06.2019 21:40, mackenziemelton26
Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.
Answers: 3
Business, 23.06.2019 00:40, sportie59
On june 3, teal company sold to chester company merchandise having a sale price of $2,600 with terms of 2/10, n/60, f. o.b. shipping point. an invoice totaling $91, terms n/30, was received by chester on june 8 from john booth transport service for the freight cost. on june 12, the company received a check for the balance due from chester company. prepare journal entries on the teal company books to record all the events noted above under each of the following bases. (1) sales and receivables are entered at gross selling price. (2) sales and receivables are entered at net of cash discounts.
Answers: 3
The term "mixed economy" refers to an economy: A. which engages in both domestic and international t...
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