Capitalism Also Is Referred to as a Private Enterprise System

question 82

True/False

Capitalism also is referred to as a private enterprise system.

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Definitions:

Cash Equals

Refers to the value of assets within a company that are in liquid form and can be readily converted to cash.

Share Income

Income earned by shareholders from their investments in a company, often referred to as dividends.

Capital Balances

The amount of money that each partner in a partnership has contributed and retains in the business.

Noncash Assets

Assets that are physical or intangible properties owned by a business, which are not in the form of cash or easily convertible to cash.