The Stockturn Rate is: Group of answer choices The difference between net sales and cost of goods sold. The firm's ability to meet its short-term financial obligations. The number of times the average inventory is sold in a year. The number of days that credit sales remains in receivable]

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?