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Step2247 [10]
3 years ago
12

________ is/are an example of a recession-sensitive industry, while ________ is/are an example of a recession-proof industry.

Business
1 answer:
frozen [14]3 years ago
4 0
Air travel  is/are an example of a recession-sensitive industry, while toiletries is<span>/are an example of a recession-proof industry.
A product could be  considered as a recession-proof indutry if people keep wanting to buy it every time, such as foods, clothings, Housing, and school/teaching</span>
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The following errors took place in journalizing and posting transactions:
kirill115 [55]

Answer: See explanation

Explanation:

The journal entry to correct the errors is given below:

a. Dr Cash $8400

Cr Account receivable $8400

b. Dr Supplies $2500

Cr Office equipment $2500

Dr Supplies $2500

Cr Account Payable $2500

Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.

6 0
3 years ago
Eastern electric currently pays a dividend of about $1.64 per share and sells for $27 a share.
EastWind [94]

Answer:

The investors should expect to 9.26% of Return.

Explanation:

The Dividend Discount Model for Constant Growth should be used here.

DDM = Current Price = Dividend of Year 1 / (Required Return - Growth Rate)

Dividend of Year 1 = 1.64 (1.03) = 1.6892.

Re-arrange the above model for Required Return and put values:

Required Return = (1.6892 / 27) + .03 = .0926 OR 9.26%.

Thanks!  

6 0
3 years ago
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Please help a girl out. I will award brainliest.
SSSSS [86.1K]
The answer is C. “There is a major city 50 miles away from the region”.
7 0
3 years ago
If you own a small business, which of the following helps with your finances?
Montano1993 [528]

Answer:

C. Accountant

7 0
3 years ago
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15,000 units in a process that are 70% complete are referred to as:
KengaRu [80]

Answer:

(c) 10,500 equivalent units of production

Explanation:

Equivalent units of production helps manufacturing companies determine the average completed or finished products. Additionally, since there are many items in continuous production, without calculation of equivalent units, it would be difficult to determine how much money was incurred in production costs.

Using the formula

The number of partially completed units (15,000) x percentage of completion (70%) = equivalent units of production (10, 500)

5 0
3 years ago
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