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1 year ago

10

High levels of unemployment combined with high levels of inflation could indicate that the business cycle has entered into a per

iod of —.

1 answer:

Alexxandr [17]1 year ago

5 0

Stagflation, it is an economic cycle characterized by slow growth and a high unemployment rate accompanied by inflation.

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Presented below is information related to Splish Company at December 31, 2020, the end of its first year of operations.

elena-s [515]

Answer:

a. $131,880

b. $167,310

c. $156,050

d. $151,390

Explanation:

(a) Income from operations

Income from Operations is Income resulting from Primary Trading Activities of the Company.

Income from Operations = Gross Profit + Operating Income - Operating Expenses

where,

Gross Profit = Sales - Cost of Goods Sold

= $334,910 - $149,030

= $185,880

thus,

Income from Operations = $185,880 - $54,000 = $131,880

(b) Net income

Income resulting from Primary and Secondary Trading Activities of the the Company.

Net income = Income from Operations + Non Operating Income - Non Operating Expenses

= $131,880 + $32,710 + $9,080 - $6,360

= $167,310

(c) Comprehensive income

Income from both Continuing and Non - Continuing Activities.

Comprehensive income = Net income + Non - Continuing Activities

= $167,310 - $11,260

= $156,050

(d) Retained earnings balance at December 31, 2020

The Income remaining after distributions to shareholders have been made.

Retained earnings = Comprehensive income - Dividends

= $156,050 - $4,660

= $151,390

8 0

3 years ago

The type of control system that only be succsseful in attining systrms' objective if we know with certinty the events that take

cricket20 [7]

Answer: Management control system

Explanation:

Management control system could be defined as a system that collects and uses information to analyze the performance of different organizational resources like human, physical, financial considering them all together in the light of organizational strategies pursued. It looks at comparing performances with the standards, plans or objective of the organization to determine if they are line with standards.

6 0

3 years ago

Maddie enjoys viewing the website for her favorite clothing store because part of the space lets customers post pictures wearing

Anika [276]

Answer:

Content.

Explanation:

Internet branding or marketiing is the process of advertising your business and services over the internet. This marketing strategy helps to attract customers, sales, etc.

The model of online marketing suggests 7C's of internet branding.

The one that is exemplified in the given instance is content.

Content is one of the 7C's of online marketing which helps to pace with the modernity of society. There are, now, many new ways of creating a creative content which helps to attract the customers. This may include to create content that consists of videos, infographics, images, etc.

<u>In the given instance, Maddie is viewing the website of her favorite clothing store. The pictures posted on that website helps Maddie to style her own clothing. This suggests that her favorite clothing store has created a creative content that helps it's customer to visualize the clothings as well.</u>

Thus the correct answer is content.

3 0

3 years ago

Brian is a manager at a clothing store. He spends most of his time in the store with his employees, making sure they work their

Sophie [7]

Answer:

First line manager

Explanation:

First line managers are the lowest forms of managers in an organizational structure. They are the managers that deals with employees directly. They operate their departments by assigning work to the employees and monitoring their actions. In this case, the activities of Brian which included making sure they work their scheduled hours, watching them interact with customers and so on indicates that he is a First-Level Manager.

8 0

3 years ago

On October 1, Black Company receives a 10% interest-bearing note from Reese Company to settle a $22,200 account receivable. The

lorasvet [3.4K]

Answer:

$555

Explanation:

The computation of the interest revenue is shown below:

= Account receivable × rate of interest × number of months ÷ (total number of months in a year)

= $22,200 × 10% × (3 months ÷ 12 months)

= $2,220 × (3 months ÷ 12 months)

= $555

The three month is calculated from October 1 to December 31. The six month period of note is ignored

4 0

3 years ago