1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
velikii [3]
3 years ago
13

B) Answer the following questions.

Business
1 answer:
lana [24]3 years ago
6 0

Answer:

Yes, agree, business transactions are economic transactions. Two reasons why:

  • Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.
  • Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.

You might be interested in
On Mar 3, Lyons Company paid dividends of $1,000. Use your knowledge of what a correct journal entry should look like to identif
uysha [10]

Answer:

Debit : Dividend $1,000

Credit : Cash $1,000

Explanation:

The Journal entry to record dividend payment include a Debit to Dividend Account and a Credit to Cash Account to depict the outflow of cash.

8 0
3 years ago
Why does the family have such a powerful impact as an agent of socialization?
lakkis [162]
Because the offsprings spends nearly 30% of their life around them especially in the early stages
7 0
3 years ago
After graduating from high school, Shawn took out a loan to help pay for college. Now, four years later, Shawn has graduated fro
Serhud [2]

Answer:

D. Student loan repayments will not cost as much in real dollars

Explanation:

Inflation refers to the general increase in price of goods and decrease in the purchasing power of money. During inflation, the value of money usually fall, that is because for instance,  what $100 can buy before inflation, $100 will not be able to buy it again during inflation. Thus, the student loan that was given to Shawn was of more value than the money he will repay during the inflation. 

4 0
3 years ago
Read 2 more answers
A Work Breakdown Structure (WBS) identifies deliverables, activities, and tasks. Which statement describes a task? Work performe
Ede4ka [16]

Answer:

The correct option is;

Work performed to complete or manage the deliverables for a project

Explanation:

In other to manage project tasks, and make them easier to perform and approachable, it is a common methodology to split the entire tasks into smaller units that are easily managed

Work Breakdown Structure (WBS) is a project tool that is used to sort the project goal into smaller required activities, deliverables and tasks of the project

Project task is the work unit that brings about progress or advancement of the aims of the project that has a due date for completion.

4 0
3 years ago
Consumer surplus is equal to the a. Value to buyers - Amount paid by buyers. b. Amount paid by buyers - Costs of sellers. c. Val
Jet001 [13]

Answer:

a. Value to buyers - Amount paid by buyers

Explanation:

Consumer surplus is the area above the price and below the demand curve.  It is the difference of value to the buyers and actual amount paid by the buyers.

7 0
4 years ago
Other questions:
  • Tyler purchased a home eight months ago for $160,000. The assessed value of his home is $120,000 and the appraised level current
    9·1 answer
  • As of December 31, 2010, the assets listed on the balance sheet of Bank A were: $1.5 million in cash reserves, and $6 million in
    5·1 answer
  • What options are available to individuals who wish to invest in stocks?
    10·1 answer
  • A product has a demand of 4000 units per year. Ordering cost is $20, and holding cost is $4 per unit per year. The TC (total cos
    15·1 answer
  • Currently you purchase ten frozen pizza per month. You will graduate from college in December, and you will start a new (high-pa
    15·1 answer
  • Consider a T-bill with a rate of return of 5 percent and the following risky securities:
    7·1 answer
  • Mr. Ballard retired in 2018 at age 69 and made his first withdrawal of $35,000 from his traditional IRA. At year-end, the IRA ba
    11·1 answer
  • True or false are babies born to connect with other humans true or false are
    14·1 answer
  • Caterpillar Inc. (CAT) pays an annual dividend of $4.45. The company is expected to continue paying this dividend with no future
    13·1 answer
  • Career class question
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!