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Mamont248 [21]
4 years ago
11

Unlimited wants + limited resources = what is the answer?

Business
1 answer:
denis-greek [22]4 years ago
3 0

Answer:

People never get enough of what they want or need

Explanation:

Unlimited wants and needs are one half of the basic troubles of scarcity that has troubled humanity since the beginning of time. The other half of the scarcity problem is limited resources. The reason why we always want something is because our brains are actually made to be attracted to novelty. So, we always seek ti learn new things and experiences.

(I hope this was accurate and helpful)

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How are a startup's financing requirements estimated
Flauer [41]

Answer:

How are Startups Financing Requirements Estimated?

1. Make Use of a Startup Work Sheet to be Able to Plan the Initial Financing.

2.  Focus on the Expenses versus Assets. Another way for startups to estimate their financing requirements is by means of focusing on the expenses versus assets.

3. Similar Articles.

4. Cash Balance Prior to the Starting Date.

Explanation:

8 0
3 years ago
The maximum amount you should pay towards housing costs each month in relation to your realized income
MissTica
The maximum amount is 28%
8 0
4 years ago
A study has been conducted to determine if Product A should be dropped. Sales of the product total $500,000; variable expenses t
Elina [12.6K]

Answer:

(A) ($10,000)

Explanation:

This is the actual situation with the product A on production.

500.000,00  Sales of the product total

-340.000,00  variable expenses total

-210.000,00  Fixed expenses charged to the product total  

-50.000,00  Income

If the product A is dropped the company not loose anymore the ($50,000) of income but the company must pay the $60,000 of fixed expenses, so the company will have a disadvantage of ($10,000).

7 0
4 years ago
Pick the false statement from below. Multiple Choice Expectations of lower inflation rates in the future tend to lower the slope
bixtya [17]

Answer: The term structure of interest rates and the time to maturity are always directly related.

Explanation:

The term structure of interest rates shows the relationship between interest rates and the different maturity periods of bonds. Normally, these move in the same direction i.e., the higher the maturity period, the higher the interest rate.

This however is not a given. It might be expected for instance that interest rates might drop in future. In such a situation, the interest might reduce with a longer maturity period which would depict an inverse relationship instead of a direct one.

8 0
3 years ago
In 2021, DFS Medical Supply collected rent revenue for 2022 tenant occupancy. For income tax reporting, the rent is taxed when c
lara31 [8.8K]

Answer:

Deferred Tax Asset:

The amount of taxes that is paid or carried forward but not yet identified in the income statement is referred as deferred tax asset

Journal Entries:

Debit: Income Tax Expense (balancing amount) = 812,500  

Debit: Deferred Tax Asset = 87,500  

Credit: Income Tax Payable = 900,000

  • Income tax expense reduces the stockholders. equity. Hence, debit income tax expense with $812,500 .
  • Deferred tax asset is an asset and is increased by $87,500. Therefore, debit deferred tax asset account with $87,500.
  • Income tax payable increases the liability by $900,000. Therefore, credit Income tax payable account with $900.000.

Working note:

Determine the amount of deferred tax asset.

Deferred tax asset = Rent collected in 2021 × Enacted tax rate

Deferred tax asset = $350,000 × 25%

Deferred tax asset = $87,500

 

Determine the amount of income tax expense.

Income tax expense = Income tax payable — Deferred tax asset  

Income tax expense = $900,000 = $87,500

Income tax expense = $812,500

5 0
3 years ago
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