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Lerok [7]
4 years ago
11

Joe is an 18 year old high school student. If there is a sharp rise in interest rates, which situation BEST reflects how Joe's l

ife might be impacted?
A)He might not be able to eat fast food as often.B)He might have to purchase a less-expensive car.C)He might not go out with his friends every Saturday.D)He might need to make his clothes last a little longer.​
Business
1 answer:
Sever21 [200]4 years ago
8 0

Answer: The correct answer is B) He might have to purchase a less-expensive car.

Explanation:

Increasing interest rates make the process of borrowing money less desirable. Since people usually borrow money for major purchases, the correct answer would be that <em>Joe might have to purchase a less-expensive car.</em> People often use credit to buy a car, and since all of the other options involve much less-expensive situations, we can determine that this is the correct answer.

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Novak Corp. reported net income of $1.20 million in 2022. Depreciation for the year was $192,000, accounts receivable decreased
Kay [80]

Answer:

$1,476,000

Explanation:

According to the scenario, computation of the given data are as follows:-  

Statement of The Cash Flow 31 December,2022

Particular                               Amount        Total Amount

Net Income                                                  $1,200,000

Depreciation                                $192,000  

Accounts receivable Decrease   $420,000  

Accounts payable Decrease       ($336,000)  

                                                                 $276,000

Net cash provided by operating activities        $1,476,000

6 0
3 years ago
BuyMart Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and
Juliette [100K]

Answer:

economies of scale.

Explanation:

Economies of scale -

It refers to the edge over the cost of the company , which is due to the very efficient production rate , is refer to as economies of scale .

Economies of scale can be both external and internal .

This process can be done by increasing the production of the goods and services , and thereby reducing the overall cost of the product , and more number of consumers will try to grab the product , and hence ,

The profit of the company will increasers .

Hence , from the given scenario of the question ,

The correct answer is economies of scale .

5 0
3 years ago
Which fact supports the idea that renting is a good
kipiarov [429]

The fact that support the idea that renting is a good is Landlords take care of most maintenance.

<h3>What is renting?</h3>

Renting refers to an agreement where a payment is made for the temporary use of a good, service or property owned by another.

It is obtaining a owner's property, in return for regular payments.

Hence, the fact that support the idea that renting is a good is Landlords take care of most maintenance.

Learn more about renting here : brainly.com/question/13393299

#SPJ1

3 0
2 years ago
Which of the following theories argues that organizations try to minimize their reliance on other organizations for the supply o
aleksklad [387]

Answer: The answer is C.

Explanation: The Resource dependence theory is based on the principle that organizations, must engage in transactions with other organizations in their environment in order to acquire the resources needed for their daily operations.

Although such transactions may be advantageous, they may also create dependencies that are not, and so organization A may want to rely less on organization B, in their quest to influence the environment to make resources available.

This theory actually originated in the 1970s with the publication of The External Control of Organizations: A Resource Dependence Perspective by Jeffrey Pfeffer and Gerald R. Salancik.

The theory is based on the idea that resources are vital for organisational success and that access and control over resources forms the basis of power.

4 0
3 years ago
Read 2 more answers
You purchased five August 13 futures contracts on soybeans at a price quote of 1056′6. Each contract is for 5,000 bushels with t
stira [4]

Answer:

B) $1,187.50

Explanation:

The computation of the total profit or loss on this investment is given below:

Expiration price = 1061'4  = 1061 + 4 ÷ 8 = 1061.50

Quoted price = 1056'6 = 1056 + 6 ÷ 8 = 1056.75

Now the profit is

= (1061.50 - 1056.75) × 5000 × 5

= $1,187.50

Hence, the profit on this investment is $1,187.50

3 0
3 years ago
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