Which of the following factors acts as a motivator for business owners in a capitalist economy?
A. Guaranteed profits for privately owned enterprises
B. The right to spendafter-tax income however one sees fit
C. Social and economic equality in society
D. Government welfare programs
Answer: B
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Which system calculates materials, subassemblies, and components required for end item production?
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Grove Corp. has revenues of $1,500,000 resulting in an operating income of $105,000. Average invested assets total $750,000. If sales increase by 10% and the investment level remains constant, what is the investment turnover?
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