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3 years ago

The discovery of a large oil deposit off a nation's shores would be what type if economic variable?

Business

2 answers:

erastova [34]3 years ago

8 0

The answer is: positive external shocks

Positive external shocks refers to unpredictable factors in economy that provide monetary benefit for us.

Several examples of positive external shocks are: Discovery of expensive natural resources (such as oil), one citizens of the country invents unpredictable groundbreaking products that drastically improve the country's GDP, the leaders of another country decided to make contact with our country and propose a beneficial business agreement, etc.

Varvara68 [4.7K]3 years ago

6 0

The discovery of oil off a nation's coast would be if it wasunexpected, a surprise economic variable and a very beneficial one at that as long as it happened before the present concerns about climate change and the use of fossil fuels plus concerns over oil spills in the ocean after the Gulf of Mexico major oil spill a few years ago.

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On december 31, slugger batting cages company decides to trade in one of its batting cages for another one that has a cost of $5

alexira [117]

Answer:

The answer is A) $488 000

Explanation:

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The value of the boot is therefore the amount of batting cage acquired less the trade in value of $ 18000. We thus get to an amount of $ 488000

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3 years ago

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Which mission area includes restoring health and social services networks and returning economic and business activities to a he

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Answer:

The correct answer is letter "A": recovery.

Explanation:

The U.S. Federal Emergency Aid (FEMA) is an agency that aims to provide the necessary support needed in front of major events and natural disasters. The FEMA has five (5) mission areas: prevention, protection, mitigation, response, and recovery. FEMA's recovery mission is to put back on track communities affected by incidents. FEMA's core capabilities include planning, health and social services, infrastructure systems and economic recovery.

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4 years ago

An investor buys an 8% municipal bond in the secondary market on a 10% basis. The investor does not accrete the bond discount an

adell [148]

Answer: C

Explanation:

This is because although the coupon rate is devoid of federal income tax any market discount is taxed as interest income earned. So so if there is a way that they can be taxed without jeopardizing their basic Federal income tax-free status, why not? The discount can be accreted annually and tax paid, or the tax can be paid at maturity or sale date.

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3 years ago

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Makovka662 [10]

Answer: The Break-Even Point will reduce from $4,285.71 to $4,125

Explanation:

To get the Break-Even Point we can divide Fixed Assets by the Contribution margin.

The Contribution Margin is the Selling Price minus the Variable Cost.

For Scenario 1 the Break-Even Point will be,

= 15,000 / ( 6 - 2.50)

= $4,285.71

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= 16,500 / 6.5 -2.5

= $4,125

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3 years ago

At the end of the current year, Accounts Receivable has a balance of $675,000; Allowance for Doubtful Accounts has a debit balan

Bad White [126]

Answer and Explanation:

The computation is shown below:

The amount of the adjusting entry for bad debt expense should be

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= $50,400

The journal entry should be

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To Allowance for Doubtful Accounts Cr. 50,400

(Being the bad debt expense is recorded)

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Accounts Receivable 675,000

Less: Allowance for Doubtful Accounts (45,000)

Net realizable value of accounts receivable 630,000

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3 years ago