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Dovator [93]
3 years ago
10

Define each of the following terms:

Business
1 answer:
kaheart [24]3 years ago
3 0

Answer: See explanation

Explanation:

Contraction: Contraction, is a phase of the business cycle that simply occurs gene there's decline in the economy. At this phase, the demand for goods and services reduces and there's decline in growth.

Business cycle: The business cycle shows the movement of the GDP which can either be upward or downward. It shows how the economy's doing.

Trough: The trough is a phase in the business cycle whereby the gross domestic product for a particular economy has stopped reducing and the economy has started to rise.

Disposable income: This is the income that is left with an individual after personal income tax has been removed from the personal income of such individual.

Net domestic product: Net domestic product is when depreciation is subtracted from the gross domestic product.

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Could someone help with the answer please
marshall27 [118]

Answer:

Explanation idea generation

4 0
3 years ago
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ransfers real estate worth $180,000 (basis of $40,000) andservices (worth $20,000) rendered in organizing the corporation. Each
MrRissso [65]

Answer:

Emily has a basis of $60,000 in the shares of Red Corporation.

Explanation:

Emily's basis for Red Corporation's stock = real estate ($40,000)  + service ($20,000) = $60,000

Sarah's basis for Red Corporation's stock = computers ($80,000) = $80,000

Even though both Emily and Sarah received 600 shares each, the basis for her tax calculations are different.

3 0
3 years ago
Consider the labor market for computer programmers. During the late 1990s, the value of the marginal product of all computer pro
katovenus [111]

Answer:

increased

Explanation:

The correct answer is that the equilibrium wage increased as the equilibrium quantity of labor increased.

7 0
2 years ago
Calaveras Tire exchanged equipment for two pickup trucks. The book value and fair value of the equipment given up were $34,000 (
MrRissso [65]

Answer:

1. $51,000

2.$11,000 Gain

Explanation:

(1) Calculation to determine At what amount will Calaveras value the pickup trucks

Using this formula

Trucks value =Fair value + Cash paid

Let plug in the formula

Trucks value=$45,000+$6,000

Trucks value=$51,000

Therefore Calaveras value the pickup trucks at $51,000

(2) Calculation to determine How much gain or loss will the company recognize on the exchange

Using this formula

Gain or loss on exchange =Fair value - Book value

Let plug in the formula

Gain or loss on exchange=$45,000-$34,000

Gain or loss on exchange=$11,000 Gain

Therefore the company will $11,000 GAIN recognize on the exchange

6 0
2 years ago
The board of directors of Capstone Inc. declared a $0.90 per share cash dividend on its $2 par common stock. On the date of decl
Bas_tet [7]

Answer:

A. Dividends 11,700 Dividends Payable 11,700

Explanation:

The journal entry to record the dividend declared is shown below:

Dividend A/c Dr $11,700

     To Dividend payable $11,700

(Being the dividend is declared)

The computation is shown below:

= (Number of shares issued - treasury stock) × cash dividend per share

= (20,000 shares - 7,000 shares) × $0.90

= 13,000 shares × $0.90

= $11,700

6 0
3 years ago
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