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1 year ago

Which point of the business cycle represents a peak? b c d e

Business

1 answer:

Nina [5.8K]1 year ago

5 0

The correct answer is A. Consumption reaches its highest point, and then supply begins to fall.

Various economic indicators reach their highest point in the peak month, which is followed by a sharp fall in economic activity. Similar events occur when economic activity reaches a low point and then gradually picks up again. The final month before numerous important economic indicators, such as employment and new housing starts, start to decline, is referred to be the cycle's peak. Real GDP spending is now at its highest position in the economy. Approximately or roughly at the same time as the economy, coincident indicators move or change (i.e. these indicators rise as aggregate economic activity rises and fall as aggregate economic activity falls). The economy enters the peak phase when it reaches its highest level of output, which marks the end of the growth.

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Omega Corp. has entered into a transaction with Lively Inc. Omega Corp will give its equipment to Lively Inc. in exchange for Li

Nadusha1986 [10]

Answer:

Explanation:

Equipment-from Lively $260,000

Accumulated Depreciation Dr.$80,000

Equipment-old Cr. $250,000

Cash Cr.$30,000

Gain on Exchange Cr.$60,000

Equipment-from Lively (212,000-35,000) Dr.$177,000

Accumulated Depreciation Dr.$80,000

Loss on exchange (balancing figure) Dr.$23,000

Equipment old Cr.$250,000

Cash Cr.$30,000

7 0

3 years ago

Dannon Co. reported its expenses of $35,200 on the cash basis. Corporate records revealed the following information: Beginning p

Elena-2011 [213]

Answer:

Explanation:

The computation of expense amount is shown below:

= Expenses - adjusted prepaid expense + adjusted accrued expense

= $35,200 - $500 - $450

= $34,250

The adjusted prepaid expense is computed by

= Ending balance of prepaid expense - beginning balance of prepaid expense

= $1,800 - $1,300

= $500

And, the The adjusted accrued expense is computed by

= Ending balance of accrued expense - beginning balance of accrued expense

= $1,200 - $1,650

= -$450

8 0

3 years ago

You need a 35-year, fixed-rate mortgage to buy a new home for $340,000. Your mortgage bank will lend you the money at an APR of

cluponka [151]

Answer:

$338,712

Explanation:

we must first calculate the monthly payment using the present value of an annuity formula:

present value = monthly payment x annuity factor

present value = $340,000

PV annuity factor, 0.529167%, 420 periods = 168.38268

monthly payment = $340,000 / 168.38268 = $2,019.21

Since the monthly payment was actually higher than $1,800, the balloon payment will be almost $340,000

I prepared an amortization schedule using an excel spreadsheet. During the first years, the principal is only decreasing by $1 each month

Download pdf

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3 years ago

â€‹________ is the degree to which employees believe the organization values their contribution and cares about theirâ€‹ well-be

shtirl [24]

Answer:

Organizational commitment

Explanation:

Organizational loyalty or commitment refers to the relationship of the bond that workers share with their organization. Overall, workers who are engaged in their organization usually feel connected to the organization, these workers assume that they suit in and make sure that they comprehend the organization's objectives.

Such workers ' economic value would be that they appear to become more motivated in their job, demonstrate fairly high efficiency, and are much more assertive in providing support.

8 0

3 years ago

Receive 1 million in cash gift do i have to file taxes

Ierofanga [76]

Answer:

Gift tax is not an issue for most people

Explanation:

The person gifting files the gift tax return, if necessary, and pays any tax. If someone gives you more than the annual gift tax exclusion amount ($15,000 in 2020), the giver must file a gift tax return.

8 0

3 years ago