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3 years ago

An extended recessionary period is indicative of

Business

2 answers:

Irina18 [472]3 years ago

6 0

Answer:

start of depression

Explanation:

An extended recessionary period is indicative of. A: An extended recessionary period is indicative of depression.

shtirl [24]3 years ago

6 0

Answer:

B) depression is the correct answer

Explanation:

Recession refers to a vital drop in economic activity.

Recession period causes financial loss while some of the companies become ruined.

During the recession period, the unemployment rate is high which is indicative of depression and people suffer from financial crises and gross domestic product decline.

In the recession period, there is a decline in the income, sales, GDP, employment and manufacturing

Thus An extended recessionary period is indicative of a start of depression"

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Answer:

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Explanation:

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3 years ago

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3 years ago

White Company acquires a new machine for $75,000 and uses it in White's manufacturing operations. A few months after White place

Katena32 [7]

Answer:

Tax status = Ordinary Asset
Gain = $60,000

Explanation:

As the company expensed the asset fully in the year of purchase instead of capitalizing it, the asset is an ordinary asset not a capital one which is capitalized. That is the tax status.

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3 years ago

Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $100,000 in sales during the seco

nydimaria [60]

Answer:

c) $20,000.

Explanation:

The computation of the estimated ending inventory is shown below:

We know that

Cost of goods sold = Beginning inventory + purchase made - ending inventory

And, the

Sales - gross profit = Cost of goods sold

$100,000 - $100,000 × 30% = Cost of goods sold

So, cost of goods sold would be

= $100,000 - $30,000

= $70,000

Now the ending inventory would be

$70,000 = $18,000 + $72,000 - ending inventory

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5 0

3 years ago

a camera manufacturer spends $1,800 each day for overhead expenses plus $9 per camera for labor and materials. the cameras sell

poizon [28]

Amount of money spent per day = $1800
Cost of overhead expenses per day <span>for labor and materials </span>= $9
Selling price of each camera = $18
a. Let us assume the number of cameras manufactured per day = x dollars
Then
Cost of cameras sold in 1 day = 18x
So
18x = 1800 + 9x
18x - 9x = 1800
9x = 1800
x = 200
From the above deduction, we can conclude that the number cameras sold per day is 200
b. Daily selling amount of 250 cameras = 250 * 18
= 4500 dollars
Daily manufacturing price of 250 cameras = 1800 + (9 * 250)
= 4050 dollars
Then
Daily profit = 4500 - 4050
= 450 dollars

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3 years ago