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timofeeve [1]
4 years ago
10

Joy has been saving her earnings to make a down payment on a new car. which loan terms will result in highest total cost for the

loan? 2.5 percent loan for 24 months 3.5 percent loan for 36 months 4.5 percent loan for 48 months 5.5 percent loan for 60 months
Business
1 answer:
wariber [46]4 years ago
4 0
5.5 percent loan for 60 months
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Rusty Hardware makes only cash sales. It began 2021 with a credit balance of $33,400 in the refund liability account. Sales duri
kompoz [17]

Answer:

$54,400

Explanation:

The balance in the refund liability account would be calculated as;

Ending balance of sales return allowance = Opening balance of allowance + Expected sales return - Actual sales return

Given that;

Opening balance = $33,400

Expected return = $740,000 × 7% = $51,800

Actual return = $30,800

Therefore,

Ending balance of sales returns = $33,400 +$51,800 - $30,800 = $54,400

The balance in the refund liability account at the end of 2021 is $54,400

5 0
3 years ago
The Internal Revenue Code and Treasury regulations are two major sources of federal tax law. Differentiate between the Code and
inysia [295]

Answer:

The Internal Revenue Code is federal statutory law while treasury regulations can not stand as laws on their own.

Explanation:

The Internal Revenue Code is federal statutory law passed into law by Congress and automatically becomes a law after the President has assented to it. This implies that the two arms of the government must be involved in it before before it becomes a law, otherwise it is null and void.

Treasury regulation is only meant to give interpretations and explanations to the Internal Revenue Code, law or statue, and it is not really a law by itself. The Treasury usually receives authority from the Congress to write regulations that will serve as the official interpretation of statutory law.

However, this does not mean that the regulations does not have appreciably authoritative weight, but it is just that the weight of authority of the regulation is less than the weight of the Internal Revenue Code.

6 0
3 years ago
Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in rea
hoa [83]

Answer:

1.) Business cycle/ True

2.) True

3.) The unemployment rate declined

    Total real income increase

Explanation:

Business cycle can be explained as the rise and fall in production output of goods and services in an economy. Business cycle are generally measured using the rise and fall in the gross domestic product(GDP), either nominal or adjusted for inflation. Business cycle is closely related to the economic cycle and trade cycle.

Every nation's economy fluctuates between periods of expansion and contraction. These changes are caused by levels of employment, productivity, and the total demand for and supply of the nation's goods and services. In the short-run, these changes lead to periods of expansion and recession. But in the long-run, economic growth can occur, allowing a nation to increase its potential level of output over time.

In 1950, during the experience in increase in real GDP, U.S had about 8.7% increase in growth, a declined rate of unemployment to about 4.3% with the inflation rate of 5.9% , this era was considered to be expansion and korean war.

6 0
3 years ago
A play that respects the demands of performance (the requirements for stage-business, an actor's need to breathe, etc.) might be
mafiozo [28]

Answer:

Stageable

Explanation:

In a play, stageable is something that is capable of or suitable for being staged. A play that cannot be stage is unstageable. The best way in which a playwright to adapt source work for the stage is to rework it's material to enhance is stageability. Respecting the demands of the performance like doing the necessary things for a play to come out fine is also a way of making a play stageable.

4 0
4 years ago
How can practicing proper etiquette impact you your life
Andre45 [30]

Etiquette provides personal security. It protects the feelings of others. It makes communication clearer. It will enhance your status at work and it makes good first impressions.


4 0
3 years ago
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