i not sure but cyclical makes more sense.
The account cash overage is a type of revenue account. A
revenue account is where the revenues are considered to be the assets in which
is being earned by a particular person handling business activities or
operations in which an account cash overage is.
Answer:
John's estimated cost of owning and driving the car for three years is $17,500
Explanation:
The computation of the estimated cost for the three years is shown below:
= Purchase cost of Toyota + (annual cost of maintenance, registration, insurance, and gas × Number of years) - selling cost or scrap value
= $20,000 + ($1,500 × 3) - $10,000
= $20,000 + $7,500 - $10,000
= $27,500 - $10,000
= $17,500
The selling cost should be deducted so that accurate value can come and the annual cost is given for one year only but we have to compute for the three years so we multiply it by three years.
The <u>economy </u>is the sum total of business activity in an area.
<h3>What is the economy?</h3>
The economy of a country is its status in relation to the production and utilization of goods and services, as well as the supply of money.
This domain includes the:
- Production,
- Distribution, and
- Trading of products and services by various agents.
The economy is described broadly as a social domain emphasizing the activities, discourses, and material manifestations linked with the creation, use, and administration of scarce resources.
Learn more about the Economy here:
brainly.com/question/1690575