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Nikitich [7]
2 years ago
10

Which firm is likely to see its profits reduced the most in a recession: an automobile producer, a manufacturer of boots and sho

es, or a janitorial service? Which is likely to see its profits reduced the least? Explain.
Business
1 answer:
ryzh [129]2 years ago
3 0

Automobile producer would see profit reduced the most and janitorial services would be least affected.

<u>Explanation:</u>

Recession is one of the phases of the trade cycle. In this phase of the trade cycle, there is downfall in the production, consumption, investment and saving in the economy. The growth rate of the economy sees a downfall in this phase.

Among the examples given here, automobile producer is the firm which would be one of the most affected company during the time of recession because it is not something essential but luxury.

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he income statement columns in the end-of-period spreadsheet show that debits are equal to $26,754 and credits are $68,142. what
neonofarm [45]

The information that the statement columns in the end-of-period spreadsheet mean to the accountant is the accounts have not been updated and a net income of $41,388. The correct option is b and c.

<h3>Who is an accountant?</h3>

An accountant is a person who manages and calculates the accounts or finance of a company, a firm, or a person. He calculates the capital of the person, manage taxes and give advice about the finance of the person.

Given that, debits are $26,754 and credits are $68,142. If we subtract the debit from the credit. We see a net income of $41,388.

Thus, the correct option is b. the accounts have not been updated. c, net income of $41,388.

To learn more about accountants, refer to the link:

brainly.com/question/13341312

#SPJ4

4 0
1 year ago
In many larger U.S. based firms the __________ matches the overall strategy of the firm and reinforces the __________ emerging f
dimulka [17.4K]

Answer:

reward system; culture

Explanation:

  • Reward systems in an organization provide evidence of the culture practices of that organization. Reward schemes represent the values ​​and norms of the company that people follow or promote.
  • Culture is regarded as an expression of organizational values ​​that guide the organization and groups to advance in positions of power. The concept of performance standards and reward planning (key elements of the reward system) comes from the organizational culture.
  • Many researchers and practitioners have observed the interdependence between organizational culture and reward systems. The reward system develops from the cultural changes that take place in the everyday events of organizational life.
6 0
3 years ago
Which of the following is the most profitable investment for a game shop earning 2 profit from every game sold
stira [4]

Answer:  3 profit

Explanation:

6 0
3 years ago
In their evaluation of his performance as a trainer in the sales department of Pharmex, Heath's supervisors look at such factors
belka [17]

Answer: B. Job performance

Explanation:

Job performance simply means the level to which the job responsibilities of an employee is being successfully fulfilled by the person.

Since the factors being evaluated are the amount of time that the trainer spends with each of his trainees, the coverage of key points, his success rate in turning out trained salespeople within the amount of time allotted etc, then it can be infer that his job performance is being evaluated.

3 0
2 years ago
Suppose that the cross price elasticity of demand between movie tickets and popcorn is −0.10. What would you expect to happen to
Murljashka [212]

Answer:

fall

3%

Explanation:

3 0
2 years ago
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