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DerKrebs [107]
3 years ago
5

The permanent income hypothesis suggests that consumer:

Business
1 answer:
zimovet [89]3 years ago
5 0

Answer: d. spending depends on income people expect over the long term, rather than on current income.

Explanation:

The permanent income hypothesis states that people will spend money at a level equal to their permanent income which is their expected long-term average income.

The consumption function states that consumption is equal to autonomous consumption and consumption is dependent on disposable income.

The savings function shows the relationship between savings and income.

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The district director of 5 mortgage origination offices staffed by bank associates who cold call potential customers in an attem
Artist 52 [7]

Answer:

Revenue Centre

Explanation:

Revenue Centre is that division or department of the firm which generate or create revenue through sale of the goods and the services. The district director who is managing the 5 mortgage origination offices that is staffed by the bank associates. So, most likely responsible for a revenue centre of the business. And who works for revenue centre is only responsible or accountable for the revenue only.

4 0
3 years ago
Heather Oak is trying to prepare a personal budget and has identified the following list of monthly costs. Identify each cost as
worty [1.4K]

Answer:

Cost                     Nature            Cost driver

Rent                     Fixed                Area per ft

Utilities                 Variable             Units used per activity

Car Payment        Variable             Km. run

Cell phone bill      Variable             Charges peer min of usage

Gasoline               Variable             Usage per in ltr.

Cable Bill              Fixed                 Number of connected devices

Groceries             Variable               Usage per day

Dining Out            Variable              Number of days dined out

7 0
3 years ago
Madison Company issued an interest-bearing note payable with a face amount of $30,000 and a stated interest rate of 8% to the Me
kondaur [170]

Answer:

zero

Explanation:

It will be Zero. Because its not an operating activity. It will come under Finance activity in the cash flow of Madison company .

5 0
3 years ago
In the former Soviet Union, producers were paid for meeting output targets, not for selling products. Under those circumstances,
Firlakuza [10]

Answer:

The economic incentive was to produce enough to meet the output target, without regard for quality or cost.

Explanation:

As the only condition for the payment to the producers is linked with the output thus there is no constraint for the quality and the sales of the product. This indicated that the producer will get the reward irrespective whether the quality or cost of the product is feasible or not.

8 0
3 years ago
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Pina Colada Furniture factors $670000 of receivables to Sheffield Factors, Inc. Sheffield Factors assesses a 2% service charge o
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Answer and Explanation:

The journal entry is shown below;

Cash $656,600

Factoring charges (2% of $670,000)  $13,400

            To Trade Receivables $670,000

(Being recording these receivables)

Here cash and factory charges is debited as it increased the assets and expense while the trade receivable is credited as decreased the assets

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3 years ago
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