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Hoochie [10]
4 years ago
11

Sean bought a rare stamp for $15.he was told that it would increase in value by $11 each year.what will the stamps value be afte

r 4 years
Business
1 answer:
Lynna [10]4 years ago
8 0
The answer is 59$. it's mental math dude just multiply 11 by 4 and then add it to 15
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Which of the following statements about depreciation is correct? When depreciation expense is incurred, cash balances are reduce
Ksju [112]

Answer:

The correct answer is letter "B": Depreciation reduces the book value of assets .

Explanation:

Depreciation shows how much and the value of the assets was used up. This also aims to balance an asset's cost to the revenue that the asset has helped the business gain. Used as an income tax deduction, depreciation calculations offer businesses an annual allowance for the use and deterioration of tangible (physical) assets.

<em>Depreciation reduces the book value of assets because, after the depreciation calculation is done, the amount computed decreases the current value of the asset it represents.</em>

6 0
3 years ago
n the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsidi
schepotkina [342]

Answer:

lower prices for consumers and higher prices for producers 

Explanation:

the options to this question wasn't provided . Here are the options:

higher prices for consumers and producers lower prices for consumers and producers higher prices for consumers and lower prices for producers

lower prices for consumers and higher prices for producers 

A subsidy is when the government pays an individual or a firm directly or indirectly. It could be in the form of direct cash payment, tax breaks or grants. Subsidies are usually given to encourage the production of goods and services.

Subsidy on agricultural goods reduces the price paid for agricultural goods and increases supply of goods. It would increase the price earned by producers.

I hope my answer helps you

7 0
4 years ago
What were the main factors in both the North and South for the abandonment of Reconstruction?
OverLord2011 [107]
Social effects were bringing families back together, the Emancipation act, and churches and schools being available to former slaves. What were the main factors, in both the North and South, for the abandonment of Reconstruction?- Land, jobs, and establishing the Bureau were the main factors for both.
8 0
3 years ago
Sheridan Company sells its product for $7100 per unit. Variable costs per unit are: manufacturing, $4400, and selling and admini
Minchanka [31]

Answer:

                 Sheridan Company

                  Income Statement

  For the year ended December 31, 202x

Sales revenue                                $170,400

Cost of goods sold                      <u>($129,600)</u>

Gross profit                                     $40,800

Period costs                                  <u>($24,000)</u>

Operating income                           $16,800

cost of goods manufactured 2019 (or 2020, it is the same)= (20 x $4,500) + $18,000 = $108,000 / 20 = $5,400 per unit

COGS 2020 = 24 x $5,400 = $129,600

sales revenue = 24 x $7,100 = $170,400

4 0
3 years ago
American Express has a long history of working for the good of the community. In 1885, it engaged its employees to help raise mo
exis [7]

Answer:

The answer is: E) Social responsibility goals

Explanation:

Corporate social responsibility (CSR) incorporates sustainable development into a company's business model. It should have positive impact on the general public, the environment  and the economy.

By helping restore, preserve and revitalize historical sites in NYC, American Express is creating a positive impact by:

  • helping the people that live in NYC (better buildings or infrastructure)
  • is injecting money into the city´s economy (hiring contractors, buying materials, etc)
  • natural resources (i.e. trees) found at those historical sites will also be taken care of

6 0
4 years ago
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