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Veronika [31]
3 years ago
15

Which element of a business does the following statement represent?

Business
1 answer:
jeyben [28]3 years ago
7 0

Answer:

Objective

Explanation:

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Business at Korey's Comics has been good, and Korey expects the same business next month. However, due to an increase in busines
Bezzdna [24]

Answer:

ADDITIONAL REVENUE & ADDITIONAL COST

Explanation:

If Korey has made the decision to bring on an extra hand to help run the store in the afternoons and the new employee will make $435 per month; then there are 2 changes that will happen to the monthly net income

1. Increased Revenue: Since the new employee will be bringing in additional revenue of $435, then the direct impact of that is an increment in the revenue line of the income statement

2. Increased Costs: Secondly, this change will affect Korey's monthly net income in the area of cost because he has to pay the extra hand some sort of monthly salaries which will have a reducing effect on profit.

7 0
3 years ago
At your new job, the human resources department ask you to bring two forms of identification before you can start working. Which
Karolina [17]

Answer:

the answer is b

Explanation:

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3 years ago
Population growth is highest in which countries answers apex
Umnica [9.8K]
Countries with little money (apex) earth scince [sem2]
6 0
3 years ago
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Riverboat Adventures pays $450,000 plus $5,000 in closing costs to buy out a competitor. The real estate consists of land apprai
kkurt [141]

Answer:

$150,150

Explanation:

Total fair value of all assets:

= Land + Building + Paddleboats

= $67,200 + $158,400 + $254,400

= $480,000

Building accounted for:

= Fair value of building ÷ Total fair value

= $158,400 ÷ $480,000

= 33%

Therefore, the building is 33% of the total fair value of assets.

Cost of acquisition of assets:

= Amount paid + Closing cost to buy out a competitor

= 450,000 + 5,000

= $455,000

Cost to be allocated to the building:

= Cost of acquisition of assets × Percent share in total fair value

= $455,000 × 33%

= $150,150

8 0
3 years ago
Consider a 30-year 8 percent bond, paying coupon semi-annually, and selling for $896.81 today (note that the yield is 9 percent)
Lemur [1.5K]

Answer: See explanation

Explanation:

Based on the information given, we should note that the bond will trade at par at $1000 after six month

The holding period return will be:

= [ P1 - P0] / P0

= [ 1000 - 896.81 ] / 896.81

= 103.19 / 896.81

= 0.1151

= 11.51%

Then, the Annualized rate will be:

= HPR at 6 Months / 6/12

= HPR × 12 / 6

= 11.51% × 12 / 6

= 11.51% × 2

= 23.01%

Annualized Rate = 23.01%

7 0
3 years ago
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