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4 years ago

The recession of 2007minus 2009 began in , with the end of the economic expansion that had begun in .

1 answer:

4 0

<span>The recession of 2007minus 2009 began in December 2007, with the end of the economic expansion that had begun in November 2001. The employment decline experienced during the December 2007 June 2009 recession was greater than that of any recession of recent decades. 47 months after the start of the most recent recession (November 2011), employment was still over 4 percent lower than when the recession began.</span>

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Which of the following best explains why the taxes on discontinued operations are reported separately from taxes on continuing o

Inessa05 [86]

Answer:

The statement that best explains why the taxes on discontinued operations are reported separately from taxes on continuing operations is:

The taxes on discontinued operations are not expected to recur in future years.

Explanation:

Discontinued operations refer to the cessation of some business activities or segments. They are usually reported as a separate line item. Therefore, all the gains and losses for that discontinued division must be reported separately on the company's income statement. The purpose is to distinguish them from those of continuing operations.

4 0

3 years ago

May 31, 2018 June 30, 2018Total Assets $211,000 $209,000Total Liabilities 133,000 99,000Begin by identifying the accounting equa

daser333 [38]

Answer:

a. $7,000

b. $39,500

c. $19,000

Explanation:

a. The computation of the net income or net loss is shown below:

= (June 30,2018 assets - June 30,2018 liabilities - contribution) - (May 31,2018 assets - May 31,2018 liabilities)

= ($209,000 - $99,000 - $25,000) - ($211,000 - $133,000)

= $85,000 - $78,000

= $7,000

b. The computation of the net income or net loss is shown below:

= (June 30,2018 assets - June 30,2018 liabilities + cash withdrawn) - (May 31,2018 assets - May 31,2018 liabilities)

= ($209,000 - $99,000 + $7,500) - ($211,000 - $133,000)

= $117,500 - $78,000

= $39,500

c. The computation of the net income or net loss is shown below:

= (June 30,2018 assets - June 30,2018 liabilities + cash withdrawn - contribution) - (May 31,2018 assets - May 31,2018 liabilities)

= ($209,000 - $99,000 + $22,000 - $35,000) - ($211,000 - $133,000)

= $97,000 - $78,000

= $19,000

6 0

3 years ago

Which explains why the price indicated by p2 on the graph is lower than the equilibrium price?

Vsevolod [243]

According to economic principles, as prices fall, quantity demanded goes up.

What is equilibrium price?

The market price at which the amount of goods supplied and the amount of goods sought are equal is referred to as the "equilibrium price."

The demand and supply model's reasoning is straightforward. For instance, when sugar prices are lower, the market's demand is automatically increased.

Excess demand is depicted in the graph. The price is less than the equilibrium price, as shown by p2 on the graph, since as the price decreases, the quantity demanded increases.

As a result, option (a) As prices fall, quantity demanded goes up is correct.

Learn more about on equilibrium price, here:

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6 0

2 years ago

If a firm's forecasted sales are $280,000 and its break-even sales are $198,800, the margin of safety (in dollars) is:

Vinvika [58]

$280000 - 198800 = 81200$

5 0

4 years ago

In 1990 ____ of new product development projects were next generation, break through products and by 2004 ___ were next generati

Ksju [112]

Answer:

In 1990, 20 percent (20%) of new product development projects were next generation, break through products and by 2004 , 12 percent (12%) were next generation, break through products according to Professor Cooper.

Explanation:

According to Professor Cooper, In 1990, 20 percent (20%) of new product development projects were next generation, break through products and by 2004 , 12 percent (12%) were next generation, break through products according to Professor Cooper.

7 0

3 years ago

Read 2 more answers

The recession of 2007minus 2009 began in​ ________, with the end of the economic expansion that had begun in​ ________.

The recession of 2007minus 2009 began in , with the end of the economic expansion that had begun in .