Give a definition of laissez faire economics
Give a definition of “laissez faire” economics. (An economic doctrine that opposes government regulation of or interference in commerce.) Why do you think this was the dominant political and legal view in the 1800s and early 1900s?
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whats the advantages & disadvantages of staring your own business as a sole proprietorship, partnership, and corporation.
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The following information was taken from the 2010 income statement of Cobra Company: Pretax income, $12,000; Total operating expenses (not including income taxes), $20,000; Sales revenue, $120,000. Compute cost of goods sold.
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suppose that a new machine tool having a useful life of only one year costs $80,000. suppose, also, that the net additional revenue resulting from buying this tool is expected to be $96,000. what is the expected rate of return on this tool ?
What is Marty's basis in his partnership interest? WHat basis does the partnership take in the property transferred by Marty?
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