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3 years ago

Consumers affect which goods and services are produced because they

1 answer:

8 0

Consumers affect which goods and services are produced because they are the primary purpose why businesses offer goods and services in the first place. The market is difficult to estimate because it is highly dependent on the whims of the consumers. So, if the trend suggests that a certain type of goods is not anymore socially famous, then consumers would stop patronizing them. In the end, businesses would have to find more ways to innovate so as to keep up with the consumers' interests.

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Michael has written an e-mail to his employees that describes a new product special that will be introduced to the customers nex

lutik1710 [3]

Answer:

Effective Communication

Explanation:

The goal of effective communication is understanding between sender and receiver. In other words, when the message is understood as intended, effective communication happens.

Michael is taking care of the words he uses, his arguments, and the format, and these actions will help him achieve the goal of effective communication.

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4 years ago

Crazy Mountain Outfitters Co., an outfitter store for fishing treks, prepared the following unadjusted trial balance at the end

german

Answer:

1. Journalize the adjusting entries necessary on April 30. 2019.

Dr Supplies expense 5,820

Cr Supplies 5,820

Dr Accounts receivable 3,900

Cr Earned fees 3,900

Dr Depreciation expense 3,000

Cr Accumulated depreciation 3,000

Dr Wages expense 2,475

Cr Wages payable 2,475

2. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters before the adjusting entries.

unadjusted income statement

Fees Earned $305,800

Wages Expense ($157,800 )

Rent Expense ($55,000 )

Utilities Expense ($42,000 )

Miscellaneous Expense ($7,000)

Net income $44,000

3. Determine the revenues, expense, and net income of Crazy Mountain Outfitters after the adjusting entries.

adjusted income statement

Fees Earned $309,700

Wages Expense ($160,275 )

Rent Expense ($55,000 )

Utilities Expense ($42,000 )

Depreciation expense ($3,000)

Miscellaneous Expense ($12,820)

Net income $36,605

4. Determine the effect of the adjusting entries on Retained Earnings.

Since net income decreases after the adjusting entries, retained earnings will also decrease. Retained earnings are increased by the amount of net income.

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4 years ago

Once April has the photo in her document, she wants to make several changes to it. What DTP feature is the best tool for April t

ICE Princess25 [194]

Her best bet would be to use the MODIFY IMAGE MENU. Hope this helps.

8 0

3 years ago

Read 2 more answers

When a securities firm acts as a(n) ____, it makes a market in specific securities by maintaining an inventory of those securiti

Goryan [66]

Answer:

The correct approach is "dealer".

Explanation:

Dealers would provide money supply to financial products whilst also trying to establishing a working capital of those that have been exchanged at a small concentration. By mobilizing savings, dealers generate more money out of the expansion respectively bids and start questioning for quotes.
To make profits, individuals consider purchasing lesser at either the contract offer, as well as take revenue at either the request and then, have a high turnover.

4 0

3 years ago

Heather owns a two-story building. The building is used 40% for business use and 60% for personal use. During 2020, a fire cause

Sonbull [250]

Answer:

Explanation:

cost of building = $800,000

business = $800,000 x 40% = $320,000 - $100,000 (depreciation) = $220,000

personal use = $800,000 x 60% = $480,000

adjusted basis:

business = $220,000

personal use = $480,000

decline in FMV:

business = $700,000 x 40% = $280,000

personal use = $700,000 x 60% = $420,000

loss on building (lesser of basis of decline in FMV):

business = $220,000

personal use = $420,000

recovery from insurance company $600,000

business = $600,000 x 40% = $240,000

personal use = $600,000 x 60% = $360,000

gain/loss on building:

business = $175,000 - $220,000 = -$45,000 (loss)

personal use = $360,000 - $420,000 = -$60,000 (loss)

gain/loss on contents:

business = $240,000 - $220,000 = $20,000 (loss)

personal use = $65,000 - $50,000 = $15,000 (gain)

AGI before the fire = $100,000

+ business gain on building $20,000

- business loss on contents ($45,000)

- personal loss on building up to personal gain ($15,000)

+ personal gain on contents $15,000

heather's AGI after the fire = $75,000

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4 years ago