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3 years ago

Michael mixed three colors of paint and came up with black. this is an example of

1 answer:

5 0

<span>Michael mixed three colors of paint and came up with black. this is an example of subtractive color mixing. When you mix together subtractive colors eventually the light is subtracted from them giving off a black color tone. These colors change with the light but can cancel each other out easily. </span>

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Will the government extend student loan forbearance.

viva [34]

No Decision have been made

5 0

2 years ago

The business cycle affects output and employment in capital and durable goods industries more severely than in industries produc

Virty [35]

Answer:

During a recession business investment in new capital goods and consumer spending on new durable goods can be postponed

Explanation:

The business cycle are simply cycles or series of cycles of economic expansion and contraction.

An Economic expansion is simply defined as an increase in the level of economic activity, goods and services available. It is a period of economic growth usually measured by a rise in real GDP.

Economic growth

Economic growth is an increase in the capacity of an economy to produce goods and services, usuallycompared from one period of time to another time.

The four phases of the business cycle are;

1. Peak

2.Recession

3. Trough

4. Expansion

The length of a complete cycle usually varies from 2-3 years to 15 years.

6 0

2 years ago

Roth Service Co. experienced the following transactions for 2018, its first year of operations: Provided $80,000 of services on

Stels [109]

Answer and Explanation:

a. The preparation of income statement is shown below:-

Income Statement

Service revenue $80,000

operating expenses

Salary expenses $28,000

Uncollectible accounts

expense $3,273

Total operating expense $31,273

Net income $48,727

Working Note :-

Days Amount Percentage Allowance balance

Current $16,800 0.01 $168

0-30 $5,100 0.05 $255

31-60 $4,000 0.10 $400

61-90 $2,000 0.30 $600

Over 90

days $3,700 0.50 $1,850

Total $31,600 $3,273

b. The computation of net realizable value of the accounts receivable is shown below:-

Net realizable value = Accounts receivable - Allowance for doubtful accounts

= ($80,000 - $48,400) - $3,273

= $31,600 - $3,273

= $28,327

4 0

3 years ago

Use the following data to determine the total amount of working capital from the Banner Auto Supplies Balance Sheet for December

Komok [63]

Answer:

b. 240,000

Explanation:

Calculation to determine the total amount of working capital

First step is to calculate the Current assets

Using this formula

Current assets = Cash + Accounts receivable + Inventory + Prepaid insurance

Let plug in the formula

Current assets= $70,000 + 100,000 + 140,000 + 80,000

Current assets= $390000

Second step is to calculate the Current liabilities using this formula

Current liabilities = Accounts payable + Salaries and wages payable

Let plug in the formula

Current liabilities= $130,000 + 20,000

Current liabilities= $75,000

Now let calculate the working capital using this formula

Working capital = Current assets - Current liabilities

Let plug in the formula

Working capital = $390,000 - 150,000

Working capital = $240,000

Therefore the Working capital is $240,000

4 0

2 years ago

Kwan wants to open a new business in his own country, Singapore. He has decided on a form of licensing that will provide him wit

Sidana [21]

Answer:

Explanation:

Direct sales

3 0

3 years ago