Answer:
Cost of service to provide one haircut is $ 11.04
Explanation:
Hair saloon expense: $500
Building rent expense: $1,458
Utilities expense: $200
Depreciation expense --- Equipment: $50
Total operating cost = Hair saloon expense + Building rent expense + Utilities expense + Depreciation expense
= $500 + $1,458 + $200 + $50
= $ 2,208
Total hair cuts = 200
Therefore, cost per hair cut = Total operating cost ÷ Total hair cuts
= $2,208 ÷ $200
= $ 11.04
Answer: The Business Cycle Dating Committee of the National Bureau of Economic Research.
Explanation:
The Business Cycle Dating Committee under the National Bureau of Economic Research are tasked with declaring the beginnings and the endings of the Business cycle. They do this by reviewing Economic wide measures especially GDP to see if prevailing conditions are still ongoing.
To declare a Recession, the Economy would have to be experiencing a significant downward trend in widespread economic activity reduction over more than a couple of months but for a Recession to be declared as over and back to a Peak, it might take longer than that.
Answer:Advantages of installment payment for your big-ticket spending
Installment allows you to spend smart. If you have the funds, you can always purchase and pay in full. ...
You can make unexpected purchases or payments without putting a dent on your budget. ...
You get to track your finances better. ...
It enables you to stretch the cost of your purchases over a manageable period of time
Explanation:
