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RideAnS [48]
3 years ago
10

Lena and Joe are two of the partners in a business Lena makes $3 in profits for every $4 that Joe makes if Joe makes $60 profit

on the first item they sell how much profit does Lena make?
Business
1 answer:
melomori [17]3 years ago
7 0
Lena makes $45 profit.

Extra information:

The amount of profit Lena makes is 3/4th of the profit Joe makes, seeing as when Joe makes $4 profit, Lena makes $3 and $3 is 3/4th of $4. Therefore, when Joe makes a profit of $60, Lena makes a profit of (60 x 3/4) $45.
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Suppose the government misjudges the natural rate of unemployment to be much lower than it actually is, and thus undertakes expa
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Answer:

2. in the short run, as aggregate demand increases, unemployment is reduced.

Explanation:

The government misjudging the natural rate of unemployment to be much lower than it actually is, and thus undertaking expansionary fiscal and monetary policies to try to achieve the lower rate. These policies might at first succeed because in the short run, as aggregate demand increases, unemployment is reduced due to the expansionary policies.

5 0
3 years ago
Read 2 more answers
The following changes took place last year in Pavolik Company’s balance sheet accounts:
irinina [24]

Answer:

1. $260

2. $103

Explanation:

1. Calculation to determine the net cash provided by operating activities for the year

PAVOLIK COMPANY

STATEMENT OF CASH FLOWS PARTIAL (USING INDIRECT METHOD)

FOR THE YEAR ENDED

Particulars Amount

Cash flow from operating activities

Net Income $100

Adjustments to reconcile net income to net cash provided by operating activities

Adjustment for non cash effects

Depreciation $82

Loss on sale of land $21

Gain on sale of investments -$25

Change in operating assets & liabilities

Increase in accounts receivable -$24

Decrease in inventory $58

Increase in prepaid expenses -$19

Increase in accounts payable $62

Decrease in accrued liabilities -$24

Increase in income taxes payable $29

Net cash flow from operating activities (a) $260

Therefore Using the indirect method the net cash provided by operating activities for the year is $260

2. Preparation of a statement of cash flows for the year

PAVOLIK COMPANY

STATEMENT OF CASH FLOWS (USING INDIRECT METHOD)

FOR THE YEAR ENDED

Particulars Amount

$

Cash flow from operating activities (a) $260

Cash Flow from Investing activities

Property,plant and equipment purchased -$395

Long term investment sold $46

Land sold $24

Net cash Flow from Investing activities (b) -$325

(-$395+$46+$24)

Cash Flow from Financing activities

Cash dividends paid -$18

Common stock purchased -$96

Bonds issued $204

Net cash Flow from Financing activities (c) $90

(+$204-$18-$96)

Net Change in cash c=a+b+c -$25

Beginning cash balance $128

Closing cash balance $103

($128-$25)

Therefore the statement of cash flows for the year is $103

4 0
2 years ago
The unemployment that is caused by changes in the​ economy, such as shifts in manufacturing​ techniques, increased use of comput
slava [35]

Answer:

D. structural unemployment.

Explanation:

D

Structural unemployment is caused by changes in the​ economy, such as shifts in manufacturing​ techniques, increased use of computers and electronic​ machines, and increases in the production of services instead of​ goods.

Structural unemployment is caused by technological change.

Cyclical unemployment is caused by business cycles. In down turns, unemployment rises and falls during a boom.

Frictional unemployment is the period between when Labour leaves his job and gets another one.

3 0
3 years ago
Question 9 of 10<br> 2 Points<br> A personal skill is ____
ss7ja [257]

Answer:

A personal skill is something that you have learned or aquired over your time of working or something you're specifically good at.

Explanation:

Hope this helps :))

3 0
2 years ago
The larger a given sector's contribution to a country's GDP is, the larger the impact of a shock to that sector on GDP is.
Nikitich [7]

Answer: True

Explanation:

When a sector contributes a significant amount to GDP suffers a shock, the GDP of the nation will be shocked as well. Proportionally it goes that the greater the shock to the sector, the greater the shock to the GDP.

For instance, Agriculture contributes a significant amount to GDP. If a drought were to hit that reduced harvests by 50%, the GDP will suffer a huge shock as well because the contribution from Agriculture will be significantly less.

6 0
3 years ago
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