Alternating periods of economic expansion and recession are known as the:______

Most art and antiques are _____, and the transaction costs are ____ compared to those of financial assets.

iVinArrow [24]

Most art and antiques are illiquid and the transaction costs are high compared to those of financial assets.

"in addition to online services and SERPs, it's far feasible to find out how a great deal your antiques are worth by means of simply asking a vintage dealer or an appraiser at a public sale house, for example," Martin says.

In quick, vintage is a hundred years older, while antique is younger, although commonly nonetheless prior to 1999. it's a rather easy difference, but not necessarily as important as you watched it might be. The age of a chunk doesn'tdirectly correlates to price.

A real leather-based jacket from the Nineteen Forties could be taken into consideration as antique garb. Dictionary.com offers several definitions of the phrase antique: “of or belonging to the beyond; now not modern;” “relationship from a long ago;” and “noting or bearing on cars about 25 years vintage or more.”

Learn more about antique here brainly.com/question/1475385

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5 0

2 years ago

8. Which of the following will cause a movement along the supply curve for oil? a. New technology to drill underwater in the Gul

mash [69]

Answer:

The correct answer is letter "B": A change in the price of oil.

Explanation:

The supply curve for any good or service responds in front of changes in price. According to the supply law, if the price of a good or service increases so will the quantity supplied moving the supply law to the right. If the price of the good decreases so will the quantity supplied moving the supply curve to the left. The price-quantity supplied relationship is directly proportional.

5 0

3 years ago

Qs 3-2 computing accrual and cash income lo c1 in its first year of operations, roma co. earned $64,000 in revenues and received

zmey [24]

Answer:

$17,600 ; $29,000

Explanation:

The computation of the net income is shown below:

Based on Cash basis

= Received cash - Expenses incurred in cash - prepaid expenses

= $56,000 - $26,900 - $11,500

= $17,600

Based on Accrual basis

= Revenue earned - expenses incurred

= $64,000 - $35,000

= $29,000

The cash expenses incurred is

= $35,000 - $8,100

= $26,900

5 0

3 years ago

A company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. the present value of an annuity fa

Anna [14]

The present value (PV) of an annuity of P equal periodic payments for n years at r% is given by:

$PV=Pa_{n\rceil r}$

where $a_{n\rceil r}$ is the present value of an annuity factor for n years at r%.

Given that a company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest and that the present value of an annuity factor for 6 years at 7% is 4.7665.

Then

$40000=4.7665P \\ \\ P= \frac{40000}{4.7665} =8,391.90$

Therefore, the annual annuity payments equals $8,391.90

6 0

3 years ago

Fern Co. has net income, before taxes, of $200,000, including $20,000 interest revenue from municipal bonds and $10,000 paid for

exis [7]

Answer:

Effective tax rate =28.50 %

Explanation:

given data

Net Income before taxes = $2,00,000

Interest revenue = $20,000

Life insurance Premium = $10,000

tax rate = 30%

to find out

Fern's effective tax rate

solution

first we get here Taxable Income that is express as

Taxable Income = Net Income before taxes + Life insurance Premium - Interest revenue ........................1

put here value we get

Taxable Income = $2,00,000 + $10,000 - $20,000

Taxable Income = $190000

so

Income tax Liability will be

Income tax Liability = Taxable Income × Tax rate .....................2

Income tax Liability = $190000 × 30%

so Effective tax rate will be

Effective tax rate = $\frac{Income\ tax\ Liability}{Net\ Income}$

Effective tax rate = $\frac{57000}{200000}$

Effective tax rate =28.50 %

3 0

3 years ago

Alternating periods of economic expansion and recession are known as the:_______.