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3 years ago

The circular flow model of a mixed economy shows _____.

1 answer:

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In economics, a circular flow model is a diagram that is used to represent the monetary transactions in aneconomy. ... The factor owners spend the income on goods which leads to the circular flow of payments .Circular flow of goods income. The circular flow model shows the flow of payments between households and firms

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The meaning of saving and investment Classify each of the following based on the macroeconomic definitions of saving and investm

kondor19780726 [428]

Answer:

All the options given are examples of investment.

Explanation:

Savings are what an individual has left after their spending has been deducted from their disposable income. Savings can increase income by investing the money saved. Investment is an item or asset gotten with aim of generating income. An investment simply means buying goods that are not for immediate consumption but generation of income.

All the options provided are investment examples. A certificate of deposit is given by the bank to an individual after a certain amount of money has been deposited and it generates interest. Also building a cabin , a laboratory and buying stock are investments.

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2 years ago

Exercise 8-5 The ledger of Costello Company at the end of the current year shows Accounts Receivable $110,000; Sales Revenue $84

Nina [5.8K]

Answer:

Journal entries are shown below:

Explanation:

The journal entries are as follows

a. Bad debt expense $1,400

To Account receivable $1,400

(Being the bad debt expense is recorded)

b. Bad debt expense $8,900

To Allowance for doubtful accounts $8,900

(Being the bad debt expense is recorded)

The computation is shown below:

= $110,000 × 10% - $2,100

= $11,000 - $2,100

= $8,900

c. Bad debt expense $6,800

To Allowance for doubtful accounts $6,800

(Being the bad debt expense is recorded)

The computation is shown below:

= $110,000 × 6% + $200

= $6,600 + $200

= $6,800

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3 years ago

2. List at least three things you would consider when choosing a bank and account type. (1-3 sentences. 3.0 points)

larisa [96]

Well that depends on the person. The three things that someone would do when considering to choose a bank is to have trust, convenience, and account features. They would have to trust the bank, and it would have to be well-known and established. Bank accounts are case-sensitive, so it takes extra time for them to further secure their account.

I am joyous to assist you anytime.

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3 years ago

A business impact analysis (BIA) identifies threats, vulnerabilities, and potential attacks to determine what controls can prote

Anna11 [10]

Answer:

The correct answer is: False.

Explanation:

To begin with, the name of "Business Impact Analysis" or BIA, in the field of business, refers to the strategy or process that focus on the analysis of the organization when an emergency happens and to see how that surprise event has affected the company's operations. So that is why that this method determines and evaluates all the potential effects that the disaster had on the structure of the organization and how that impact could be resolve by the managers and the whole crew of employees.

7 0

2 years ago

In the context of labor markets, _____ consists of all persons who are actually evaluated for selection.

zvonat [6]

Answer: a. the applicant pool

Explanation:

When a job is announced, people are told to apply for it and send in their resumes so that the company hiring can look through them.

The applicant pool refers to everyone that applied for that job and so sent in their resume. They will all be evaluated for the position in question to see if they fit and the better qualified or preferred candidates will then be called in for an interview.

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2 years ago