Which of the following is correct regarding Karl Marx, Adam Smith, and their beliefs on economic systems? Select one: a. Karl Marx favored a command based system while Adam Smith favored a free market system. b. They both were in favor of a free market economy. c. They both were in favor of a centrally planned economy, or command based system. d. Karl Marx favored a free market system while Adam Smith favored a command based system.

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be:

Imprudential, inc., has an unfunded pension liability of $572 million that must be paid in 25 years. to assess the value of the firm’s stock, financial analysts want to discount this liability back to the present. if the relevant discount rate is 6.5 percent, what is the present value of this liability? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e. g., 1,234,567.89)