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3 years ago

Which of the following circumstances usually comes before a period of economic contraction?

Business

1 answer:

erik [133]3 years ago

8 0

C
A low GDP for two or more consecutive quarters is usually followed by economic contraction.

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Which of the following is a drawback of a push strategy?

Gnom [1K]

Answer:

i think it would most like;y be c

Explanation:

3 0

3 years ago

Suppose a retail store was offering 10% off all prices on all goods. The incentive to take advantage of the 10% savings is:_____

STALIN [3.7K]

Answer:Directly related to the list price of the good

Explanation:

6 0

3 years ago

The budget director for Kanosh Cleaning Services prepared the following list of expected selling and administrative expenses. Al

Harrizon [31]

Answer:

Kanosh Cleaning Services

a. Schedule of Cash Payments for S&A Expenses

October November December

Equipment lease expense $7,500 $7,500 $7,500

Prior month’s salary expense, 100% 0 8,200 8,700

Cleaning supplies 2,800 2,730 3,066

Insurance premium 7,200 0 0

Depreciation on computer 0 0 0

Rent 1,700 1,700 1,700

Miscellaneous expenses 700 700 700

Total disbursements for operating expenses $19,900 $20,830 $21,666

b. Salaries payable = $9,000

c. Prepaid insurance = $3,600

Explanation:

a) Data and Calculations:

October November December

Budgeted S&A Expenses

Equipment lease expense $7,500 $7,500 $7,500

Salary expense 8,200 8,700 9,000

Cleaning supplies 2,800 2,730 3,066

Insurance expense 1,200 1,200 1,200

Depreciation on computer 1,800 1,800 1,800

Rent 1,700 1,700 1,700

Miscellaneous expenses 700 700 700

Total operating expenses $23,900 $24,330 $24,966

Schedule of Cash Payments for S&A Expenses

October November December

Equipment lease expense $7,500 $7,500 $7,500

Prior month’s salary expense, 100% 0 8,200 8,700

Cleaning supplies 2,800 2,730 3,066

Insurance premium 7,200 0 0

Depreciation on computer 0 0 0

Rent 1,700 1,700 1,700

Miscellaneous expenses 700 700 700

Total disbursements for operating expenses $19,900 $20,830 $21,666

b. Salaries payable = $9,000

c. Prepaid insurance = $3,600 ($7,200 - $3,600)

6 0

2 years ago

At Ava's second birthday, her grandparents wanted to pool their money to buy U.S. Treasury bonds that would ultimately provide $

Lelu [443]

Answer:

They would need to buy $64,068.981 in U.S treasury bonds on Ava's second birthday to ultimately provide $120,000 for college expenses in 16 years.

Explanation:

The initial amount to be invested in order to yield $120,000 after 16 years can be expressed as;

F.V=P.V(1+R)^n

where;

F.V=future value of investment

P.V=present value of investment

R=annual interest rate

n=number of years

In our case;

F.V=$120,000

P.V=unknown

R=4%=4/100=0.04

n=16 years

replacing;

120,000=P.V(1+0.04)^(16)

120,000=P.V(1.04)^16

120,000=1.873 P.V

P.V=120,000/1.873

P.V=$64,068.981

They would need to buy $64,068.981 in U.S treasury bonds on Ava's second birthday to ultimately provide $120,000 for college expenses in 16 years.

4 0

3 years ago

Expenses, such as depreciation on buildings are also known as variable expenses. t or f?

SSSSS [86.1K]

The statement “Expenses, such as depreciation on buildings are also known as variable expenses.”, is false, due to the fact that depreciation is a fixed cost since throughout its useful life as an asset, it reoccurs in the same amount per period, and thus, depreciation cannot be considered a variable cost. Nevertheless, as with all things, there is an exception. The depreciation will be sustained in a pattern that is more consistent with a variable expense, only if a business recruits a usage-based depreciation methodology.

To add, the corporate expense that alters with the company’s production output is called the variable cost.

8 0

3 years ago