Am I correct??

1 answer:

8 0

I personally would go with Pay off credit card balances in full each month because then you don't have to worry about it next month.

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Will feckless unexpectedly inherits $10,000 from a rich uncle. he is observed to consume fewer hamburgers than he used to.

daser333 [38]

<span>This would show that Will does not have a homothetic preference for hamburgers. Such preferences are shown to not be effected by income or scale, and since Will has changed his eating preferences based upon this new source of income, such a description would not fit this good.</span>

3 0

3 years ago

Your firm's last three years of sales have been $1 million, $2 million, and $3 million (oldest to most recent). Year-end invento

Nitella [24]

Answer:

we will save 500,000 dollars worth of inventory.

Explanation:

If sales are 4,000,000 then the expected inventory will be 1,000,000

Giving an inventory turnover of:

4,000,000 / 1,000,000 = 4

IF we double the inventory turnover then:

4,000,000/inventory = 8

So the inventory will be of: 4,000,000/8 = 500,000

the difference is for 500,000

6 0

3 years ago

Produced goods used as inputs for the production of other goods comprise the resource known as:.

Mashcka [7]

Capital.

Capital goods are those goods that are used for further production of other commodities. They are used in the future for purpose of productivity. These goods have derived demand and helped in raising the productive capacity of the business.

3 0

2 years ago

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The depreciation method that produces larger depreciation expense during the early years of an asset's life and smaller expense

ss7ja [257]

Answer:

Accelerated depreciation method

Explanation:

Accelerated depreciation is a method of depreciation in which the assets lost his purchase price or book value at the speedy rate as compared with the straight-line method.

And it generates a larger amount of expenses during the early period and the smaller amount of expenses in the later year so that it can be decreased the taxable income

6 0

3 years ago

After John worked at a job for 10 years, his salary doubled. If he started at $x, his salary after 10 years is _____.

arlik [135]

What does it mean that his salary doubled?

this means that for example, if it was 1000 dollars, it would be 2000 dollars now, and it if was 2000 dollars, it would be 4000 dollars now.

This can be written down as $2x where x is the initial salary. (so if x=1000, the new salary is 2x=2*1000=2000

8 0

3 years ago

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