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bulgar [2K]
3 years ago
8

Liabilities are often created as a result of an expense incurred by a company. Which of the following liabilities is not the res

ult of an expense incurred by the company?A) Sales tax payable B) State unemployment tax payable C) Federal unemployment tax payable D) Estimated warranty payable
Business
1 answer:
Vladimir79 [104]3 years ago
4 0

Answer and Explanation:

C) Federal unemployment tax payable

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Wildcat Co. purchased, on open account, 4,000 pounds of direct materials at a total cost of $20,200. The standard cost of these
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Answer:

Explanation:

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3 0
3 years ago
For most normal goods the income effect and the substitution effect work in the same direction; so when the price of a good fall
bezimeni [28]

Answer:

The income effect and substitution effect work in opposite directions and income effect is dominant.

Explanation:

In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.  

The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.  

In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.  

A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.

8 0
3 years ago
A company is concerned about the number of customers that have to wait for service in their customer service department. Assume
uysha [10]

Answer:

E) None of these

Explanation:

Calculation to determine which of the following is the mean time between arrivals

Using this formula

Mean time between arrivals = 1/Arrival rate

Let plug in the formula

Mean time between arrivals= 1/12

Mean time between arrivals= 0.0833 hours or 5 minutes

Therefore the Mean time between arrivals will be 0.0833 hours or 5 minutes

4 0
3 years ago
JLK is a partnership that was formed two years ago for the purpose of creating new fad items and distributing them directly to c
arsen [322]

Answer:

The correct answer is E. Initial public offering.

Explanation:

An Initial Public Offering (IPO) is an equity offering where a <u>private company</u> or '<u>issuer</u>' decides to <em>go public for the first time</em>. This is a big step for companies to raise capital through public investors, get access to better and more credit and further grow a company. To go through with an IPO, a company must meet the requirements of the Securities and Exchange Comission (SEC).

The process is made with the help of one or more <u>investment banks</u> that act as <u>underwriters</u>. Underwriters take care of the offering from the beginning to the end of the IPO by preparing documentation, providing proposals on selling price, amount of shares & timeframe for the market offering, marketing campaigns and going through the issuing process.

5 0
3 years ago
Suppose you deposit ​$1 comma 700 cash into your checking account. By how much will the total money supply increase as a result
puteri [66]

Answer:

$17,000

Explanation:

Amount Deposited into checking account = $1,700 cash

Required reserve ratio = 0.10

Money multiplier = 1 ÷ Required reserve ratio

                            = 1 ÷ 0.10

                            = 10

Change in money supply = Amount deposited × Money multiplier

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Therefore, the increase in total money supply would be $17,000.

6 0
3 years ago
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