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kobusy [5.1K]
3 years ago
13

If you live in an area where the cost of living is increasing, the area you live in is likely experiencing:

Business
1 answer:
Citrus2011 [14]3 years ago
8 0

Answer:

B Inflation

Explanation:

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The public debt for the economy is
Paraphin [41]
The public debt is the amount of money that a government owes to outside debtors. Public debt allows governments to raise funds to grow their economy or pay for services. Politicians prefer to raise public debt rather than raise taxes. When public debt reaches 77% of GDP or higher, the debt begins to slow growth.
4 0
3 years ago
Internal Environmental Analysis
Wittaler [7]

The analysis that you have been asked to examine is called SWOT Analysis. See the categorization below.

<h3>What is SWOT Analysis?</h3>

This is simply a situational analysis that considers the strengths, weaknesses, opportunities, and threats that a company might face in the execution of its business strategy.

,

Strength

• Adequate Financial Resources

• Proven Management Skills

• Ahead of the Experience Curve

• Diversify into Related Products

• Enter New Markets or Segments

• Proprietary Technology

• Vertical Integration

• Product Innovation Skills

• Well Thought of by Buyers

Weaknesses

• Too Narrow a Product Line

• Unable to Finance Needed Strategy Changes

• Falling Behind in R & D

• Vulnerability to Recession & Business Cycle

• Poor Track Record in Implementing Strategy

• Higher Overall Unit Costs than Competitors

Opportunities

• Complacency Among Rival Firms

• Falling Trade Barriers in Attractive Foreign Markets

• Serve Additional Customer Groups



Threats

• Rising Sales of Substitute Products

• Issues Costly Regulatory Requirements

Learn more about SWOT at;
brainly.com/question/20350382
#SPJ1

6 0
2 years ago
Chris made a $6925 purchase on his credit card that has an annual interest rate of 18% that compounds continuously. If he does n
stealth61 [152]

Answer:

$11,883.35

Explanation:

The formula for calculating continuous compounding is given below

F=p*e^it

In this question:

F=future value of the amount borrowed today=?

p=amount borrowed today/Purchases made by chris through credit card=$6,925

e=mathematical constant=2.7183

i=interest per annum=18% per annum

t=number of years=3 in this case

F=6,925*e^18%*3

F=$11,883.35

6 0
3 years ago
Milbank Repairs &amp; Service, an electronics repair store, prepared the following unadjusted trial balance at the end of its fi
DIA [1.3K]

Answer:

a. Journalize the adjusting entries necessary on June 30, 2019.

Fees earned but unbilled on June 30 were $9,070.

Dr Accounts receivable 9,070

    Cr Fees earned 9,070

Supplies on hand on June 30 were $7,410.

Dr Supplies expense 12,630

    Cr Supplies 12,630

The depreciation of equipment was estimated to be $12,530 for the year.

Dr Depreciation expense - equipment 12,530

    Cr Accumulated depreciation - equipment 12,530

The balance in unearned fees represented the June 1 receipt in advance for services to be provided. During June $17,420 of the services was provided.

Dr Unearned fees 17,420

    Cr Fees earned 17,420

Unpaid wages accrued on June 30 were $1,600.

Dr Wages expense 1,600

    Cr Wages payable 1,600

b. Determine the revenues, expenses, and net income of Milbank Repairs& Service before the adjusting entries.

Fees Earned $501,120

- Wages Expense $116,260

- Rent Expense $88,700

- Utilities Expense $63,640

<u>- Miscellaneous Expense $10,020</u>

Net income $222,500

c. Determine the revenues, expenses, and net income of Milbank Repairs & Service after the adjusting entries.

Fees Earned $527,610  

- Wages Expense $117,860

- Rent Expense $88,700

- Utilities Expense $63,640

- Depreciation expense $12,530

<u>- Miscellaneous Expense (including supplies) $22,650</u>

Net income $222,230

d. Determine the effect of the adjusting entries on Nancy Townes, Capital.

Nancy Townes is the owner of Milbank Repairs & Service, and since this is a sole proprietorship (she is the sole owner), the retained earnings account does not exist. So any profits or losses will increase or decrease her capital account respectively. Since after the adjustments the net income decreased by $270, her capital account will also decrease by $270.

5 0
3 years ago
Scenario 2: You’ve been eager to buy a new cell phone for months, and now you’re ready to make it happen. You use your credit ca
Fed [463]
It goes up because you are paying your payments therefore building credit by showing you are trustworthy..
5 0
3 years ago
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