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
Pepsi [2]
4 years ago
14

A pair of stylish sneakers could be considered a ----blank----because it is not a necessit

Business
1 answer:
Makovka662 [10]4 years ago
6 0
A pair of stylish sneakers could be considered a Luxury
You might be interested in
If an organization considers its IS organization as a game changer, then its strategy would be to use IS to achieve competitive
Bad White [126]

Answer:

The answer is false, letter B

Explanation:

Because to be a true statement the strategie would be to achieve competitive advantage by making IS investments that enable new prodcuts and services.

3 0
3 years ago
The 2014 balance sheet of Jordan’s Golf Shop, Inc., showed long-term debt of $2.7 million, and the 2015 balance sheet showed lon
Gwar [14]

Answer:

$1,311,000

Explanation:

The computation of the operating cash flow is shown below:

As we know that

Operating cash flow = Cash flow from assets + capital spending - change in net working capital

where,

Cashflow from Assets = Cashflow to Creditors + Cashflow to Stakeholders

Cashflow to Creditors = Interest paid - Change in long term debt

=  $140,000 - ($2,950,000 - $2,700,000)

=  -$110,000

Now  

Cashflow to Stakeholders

= Dividends paid - New issuance of the equity

= $500,000 - (($500,000 + $3,500,000) - ($460,000 + $3,200,000))

= $160,000

So,  

Cashflow from Assets is

= -$110,000 + $160,000

= $50,000

Now  

Operating cashflow is

= $50,000 + $1,320,000 + (-$59,000)

= $1,311,000

7 0
3 years ago
Crystal lives in the fictional country of Cuse, which raises government revenue by taxing everyone the same amount. The governme
Inessa05 [86]

Answer: $0; $0

Explanation:

New classical economists believe that any fiscal policy that the government embarks on is ineffective on the goods demanded by people.

If the government reduces taxes, Crystal (according to the New classical) will believe that the government will raise taxes in future to make up for the shortfall so she will send the $2,500 to savings so she can be able to pay off the future taxes.

If the government increases spending, Crystal will believe that this will be financed by future tax increases so she will still save the money to pay off future taxes.

5 0
3 years ago
Credit granted by retailers to consumers who purchase for personal or family use is referred to as answer
Irina-Kira [14]
I believe that would be Personal Credit.  Your contract is written between you and the store or chain.  Consumer credit is generally a reference to a national economic measurement.
3 0
3 years ago
On December 31, 2016, Marin Inc. borrowed $4,500,000 at 12% payable annually to finance the construction of a new building. In 2
denis23 [38]

Answer:

$274,500

Explanation:

*March 1 : Amount spent = 540,000;  Period = 10

Weighted average accumulated expenditure = (10/12)*540000= 450,000

*June 1: Amount spent = 900,000;  Period = 7

Weighted average accumulated expenditure = (7/12)*900000= 525,000

*July 1: Amount spent = 2,250,000;  Period = 6

Weighted average accumulated expenditure = (6/12)*2250000= 1,125,000

*December 1: Amount spent = 2,250,000;  Period = 1

Weighted average accumulated expenditure = (1/12)*2250000= 187,000  

Therefore total Weighted average accumulated expenditure = 2,287,500

Interest on weighted average = 12%  *  2,287,500  = 274,500 = Avoidable interest

Calculation of Actual interest on the instruments;

Bond: 13%*6,000,000= 780,000

Note: 10%*2,400,000= 240,000

Loan: 12%*4,500,000= 540,000

Actual interest = 1,560,000

According to GAAP; The least amount between Actual Interest and Avoidable interest can be capitalized.

Following the figures above, amount of interest to be capitalized in 2017 in relation to the construction of the building is $274,500

4 0
3 years ago
Other questions:
  • What is mean't by a focus group
    12·1 answer
  • Suppose the real risk-free rate is 4.20%, the average expected future inflation rate is 2.50%, and a maturity risk premium of 0.
    7·1 answer
  • On January 1, a company issues bonds dated January 1 with a par value of $340,000. The bonds mature in 5 years. The contract rat
    14·1 answer
  • Janice bought her house in 2008 for $395,000. since then, she has deducted $70,000 in depreciation associated with her home offi
    14·2 answers
  • Under the Fair Credit Reporting Act, credit bureaus are required to report information accurately and to remove or correct infor
    12·1 answer
  • Big Tommy Corporation is a local grocery store organized seven years ago as a corporation. The bookkeeper prepared the following
    14·1 answer
  • Tanner-UNF Corporation acquired as a long-term investment $200 million of 6.0% bonds, dated July 1, on July 1, 2021. Company man
    6·1 answer
  • What is knowledge of your own thought process and strategies?
    10·1 answer
  • Assume that you are nearing graduation and have applied for a job with a local bank. As part of the bank's evaluation process, y
    15·1 answer
  • When an enterprising individual pursues a lucrative opportunity, it is known as:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!