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lakkis [162]
3 years ago
12

Which of the following is true when the economy is at full employment?

Business
1 answer:
Karolina [17]3 years ago
5 0

Answer:

I think the answer is E. The employment rate is 100%

Explanation:

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The concept of right-sizing euphemistically refers to ________.
notsponge [240]
Right-sizing is a euphemism for downsizing, firing, and is synonymous with reorganizing business. It is usually intended to cut costs of a company by firing people, but it is usually presented as a beneficial and a good thing.
4 0
3 years ago
Prior to 2021, John Inc. used sum-of-the-years'-digits depreciation on its store equipment. Beginning in 2021, John Inc. decided
TEA [102]

Answer:

Would report depreciation expense of $400,000 in its 2021 income statement

Explanation:

Calculation to determine what John will report as depreciation expense

First step is to calculate the Book value at 1/1/2021

Book value at 1/1/2021= $3,000,000 [(5/15 x $3,000,000) + (4/15 x $3,000,000)

Book value at 1/1/2021= $1,200,000

Now let calculate the New depreciation

New depreciation= $1,200,000 ÷3

New depreciation= $400,000 per year for 2021-2023

Therefore To account for the change in 2021, John Inc.:Would report depreciation expense of $400,000 in its 2021 income statement

4 0
3 years ago
Roberta santos, age 41, is single and lives at 120 sanborne avenue, springfield, il 60781. Her social security number is 123-45-
viktelen [127]

The divorce decree provides that roberta is to pay state income tax.

<h3>What is state income tax?</h3>

In addition to the federal income tax collected by the United States, the majority of individual states in the United States collect a state income tax. Some municipal governments also levy an income tax, which is frequently based on state income tax calculations. Individual income taxes are levied in 42 states and many localities around the United States.

The federal government collects federal income taxes, whereas individual states collect state income taxes where a taxpayer lives and generates income.

A state income tax is a direct tax imposed by a state on income produced within or outside of the jurisdiction. It may mean all of your money earned anywhere in your state of residence. Like federal tax, state income tax is self-assessed, which means taxpayers file required state tax returns

To know more about state income tax follow the link:

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5 0
1 year ago
Which of the following is a positive​ statement?
blsea [12.9K]

Answer:

Only Statements B and C are positive statements.

Explanation:

Here we are given a set of statements and we have to find out which all are positive statements,

Positive statements are objective statements that can be tested, amended or rejected by referring to the available evidence.

The first statement is just an opinion of some person and hence not a positive statement.

The second statement has solid evidence and can be considered as a positive statement.

The third statement is also positive statement.

The fourth is again an opinion and hence is not a positive statement.

4 0
2 years ago
Transactions Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equ
mart [117]

Answer:

The below details are missing from the question:

1. Paid rent for the month, $2,500.

3. Paid advertising expense, $675.  

5. Paid cash for supplies, $1,250.

6. Purchased office equipment on account, $9,500.

10. Received cash form customers on account, $16,550.

15. Paid creditor on the account, $3,180.

27. Paid cash for repairs to office equipment, $540.  

30. Paid telephones bill for the month, $375.

31. Fees earned and billed to customers for the month, $49,770.

31. Paid electricity bill for the month, $830

31. Paid dividends, $1750.

Since the question  details are already here, I would show the journal entries in the explanation section below:

Explanation:

1

Dr  Rent expense    $2,500

Cr Cash                                 $2,500

2

Dr Advertising expense      $675

Cr Cash                                         $675

3.

Dr Supplies                         $1,250

Cr Cash                                            $1,250

4.

Dr Equipment                   $9,500

Cr Accounts payable                    $9,500

5.

Dr  Cash                            $16,550

Cr Accounts receivable                $16,550

6.

Dr Accounts payable      $3,180

Cr Cash                                         $3,180

7

Dr Miscellaneous expenses      $540

Cr Cash                                                  $540

8

Dr  Utilities           $375

Cr Cash                              $375

9

Dr Accounts receivable        $49,770

Cr  Fees earned                                      $49,770

10

Dr Utilities                                $830

Cr Cash                                                $830

11

Dr Dividends                               $1,750

Cr Cash                                                      $1,750

The rationale for these postings is simply debit the receiving account and credit the giving account.

For instance in the payment of rent, rent expense account received and the cash account gave.

8 0
3 years ago
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