Read this outline for an argumentative essay about the free enterprise system. 1. The free enterprise system is helpful because it allows for freedom.
A. The free enterprise system is the best economic system because it
allows individuals to make their own economic decisions.

2. The choices of producers and consumers rule the free enterprise system.
A. Individuals have the freedom to become entrepreneurs.
B. Supply and demand determine their success or failure.
C. Some people say without government support only wealthy people
can succeed.
D. More government interference would restrict freedom and limit the
chance for success.

3. The free enterprise system is helpful, not harmful, because it allows people to determine their own economic fate.

The underlined sentence in the outline is the

claim.
conclusion.
counterclaim.
evidence.

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e. g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)