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3 years ago

Travel by bus and pawn-shop services would be expected to be examples of

Business

2 answers:

drek231 [11]3 years ago

4 0

An example of inferior goods

Shalnov [3]3 years ago

4 0

An inferior good is a type of good that declines in demand when income rises. These could be items such as generic foods, off-brand electronics, and discount store clothing. In contrast to inferior goods are normal goods. A normal good acts just the opposite of an inferior good; demand increases when income increases.

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What is the conditions will maximize the amount of interest you earn?

schepotkina [342]

The condition will boost the measure of premium you procure is high-financing cost and long era. To win however much enthusiasm as could be expected you ought to open an investment account that procures accruing funds and has the most noteworthy financing cost.

3 0

3 years ago

The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed long-term debt of $1.87 million, and the 2018 balance sheet showed

jeka57 [31]

Answer:

$1,290,000

Explanation:

Given that,

Cash flow to creditors = -$85,000

Cash flow to stockholders = $170,000

Firm’s net capital spending for 2018 = $1,250,000

Firm reduced its net working capital investment by $45,000

Cash Flow from Assets:

= Cash Flow to Creditor + Cash Flow to Stockholders

= -$85,000 + $170,000

= $85,000

Cash Flow from Assets = OCF - Net Capital Spending - Change in Net Working Capital

$85,000 = OCF - $1,250,000 - (-$45,000)

OCF = $85,000 + $1,250,000 - $45,000

= $1,290,000

3 0

3 years ago

Contribution Margin Molly Company sells 37,000 units at $19 per unit. Variable costs are $11.59 per unit, and fixed costs are $1

yarga [219]

Answer:

(a) Contribution margin ratio = 0.39, or 39%

(b) the unit contribution margin = $7.4 per unit

Explanation:

Total revenue = 37,000 × $19 = $703,000

Total variable cost = 37,000 × $11.59 = $428,830

Margin = $703,000 - $428,830 = $274,170

(a) the contribution margin ratio

Contribution margin ratio = $274,170/$703,000 = 0.39, or 39%

(b) the unit contribution margin

Unit contribution margin = $19 - $11.59 = $7.4 per unit

(c) income from operations

Income from operations = $274,170 - $109,700 = $164,470

5 0

2 years ago

Identifying Financial Statement Line Items and Accounts Several line items and account titles are listed below. For each, indica

Anni [7]

Answer:

Explanation: Financial Statement

the financial statement is an annual statement stating the financial position of an organisation

Under the financial statement we have:

1. Income Statement: Expenses, Net Income

2. Balanced Sheet: Cash Asset, Non cash Asset, Retained Earnings

3. Statement of stockholders equity: Contributed Capital, cash inflow for stock issued, cash outflow for dividends

4. Statement of cash flow: cash flow for capital expenditures

8 0

2 years ago

Intensity pertains to the amount of effort being invested in an activity. Group startsTrue or False

mixas84 [53]

Answer:

true

Explanation:

7 0

2 years ago