Business cycles b. follow a pattern of trough, expansion, peak, and recession.
<h3>What are business cycles?</h3>
Business cycles have different stages and follow a certain pattern for the most part.
This pattern includes going through a trough (depression) and then an expansion, a peak, and then a recession which will lead to the economy declining in productivity.
Find out more on business cycles at brainly.com/question/26086110
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Answer:
Financial statement effects template is attached in MS Excel file format with this answer to record these two transactions. Please find it
Explanation:
Journal Entries to record the transactions
January 1
Dr. Cash (6000 x 150) $1,500,000
Cr. Preferred Stock (6000 x 100) $600,000
Cr. Additional paid-in-capital Preferred Stock $900,000 (Balance)
March 1
Dr. *Treasury Stock $636,000
Cr. Cash $636,000
Working:
*Share repurchase = $106 x 6000 = $636,000
Cash received from issuance of preferred shares, so added in the cash assets and paid against repurchase of stock, so subtracted from the cash assets. Treasury stock is the repurchase its own issued stock and it is a contra equity account which has debit balance so its value is deducted from total equity value. Preferred stock is added to the contributed capital.
I believe it's D.
All of the above.
In complex selling situations, personal selling can be more effective than advertising because it is interpersonal.
It refers to something involving, or occurring among several people. Interpersonal skills refer to our ability to get along with others. Set of abilities enabling a person to interact positively and work effectively with others.
