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Alexxx [7]
3 years ago
15

All of the following are economic indicators EXCEPT

Business
2 answers:
mamaluj [8]3 years ago
8 0
The correct option is C, RETAIL SALES.
The income taxes, the GDP and the stock market can be used to gauge the economic status of a particular country, they are economic tools which are used to monitor the economy. 
Retail sales refers to the activity of using cash register to monitor the financial transactions that are happening in a company, this is not an indication for what is happening in an economy.<span />
natta225 [31]3 years ago
7 0

Answer:

RETAIL SALES

Explanation:

༼ つ ◕_◕ ༽つ

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8 0
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At an auction sale, the buyer is the party making the offer, or bid. <br> a. True <br> b. False
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A. true the buyer is the party making the offer
8 0
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Read 2 more answers
Sharp Screen Films, Inc., is developing its annual financial statements at December 31, current year. The statements are complet
Aloiza [94]

Answer and Explanation:

The preparation of the cash flow statement using the indirect method is as follows:

Cash flow from operating activities

Net income $44,450

Add: depreciation expense $14,450

Add: decrease in account receivable ($18,150 - $24,750) $6,600

Less: Increase in merchandise inventory ($24,750 - $19,200) $5,550

LesS: decrease in accounts payable ($11,800 - $21,900) $10,100

Less Decrease in wages payable ($4,500 - $5,100) -$600

Net cash provided from operating activities $49,250

Cash flow from investing activities

Equipment purchased -$59,650

Cash flow used by investing activities -$59,650

Cash flow from financing activities

Cash payment made for long term note payable -$12,100

Issuance of the new shares $35,000

Dividend paid -$11,450

Cash flow from financing activities $11,450

Net increase in cash $1,050

Add: opening cash balance $65,500

Closing cash balance $66,550

7 0
2 years ago
Financial statement data for years ending December 31, 2019 and 2018, for Edison Company follow: 2019 2018 Sales $513,500 $480,0
madam [21]

Answer:

The answer is

For 2018 - 1.5

For 2019 - 1.3

Explanation:

Asset turnover ratio=Net sales/average total assets

For 2018:

Sales - $480,000

Beginning asset - 360,000

Ending asset -360,000

Average total asset:

($280,000 + $360,000)/2

=$320,000

Therefore, asset turnover for 2018 is:

$480,000/$320,000

=1.5

For 2019:

Sales - $513,500

Beginning asset - $360,000

Ending asset - $430,000

Average total asset:

($360,000 + $430,000)/2

=$395,000

Therefore, asset turnover for 2019 is:

$513,500/$395,000

=1.3

5 0
3 years ago
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