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marishachu [46]
3 years ago
11

Which of the following generational groups is most likely to represent the present owners of cottages surrounding Witmer Lake?A)

Baby Boomers.
B) Echo Boomers.
C) Gen Xers.
D) Lost Generation.
E) Millennials.
Business
1 answer:
yawa3891 [41]3 years ago
8 0
I think it’s d but try to search it D
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Studying business ethics will not necessarily
Serga [27]

Business ethics will never tell you exactly what to do in all decisions. The study of business ethics is designed to help you understand the importance of your decisions, inform you of impacts, describe the ethical decision-making process, and help you recognize ethical issues, but it will not tell you what to do. It will simply give you the tools necessary to make a decision.

7 0
3 years ago
Which of the following is NOT a basic assumption of perfect​ competition? A. Production is characterized by significant economie
Alex17521 [72]

Answer: Production is characterized by significant economies of scale is not an assumption of perfect competition (A)

Explanation:

A perfect competition is a form of market structure that has many buyers and may sellers. In a perfect competition, there is a free entry and exit for producers as there is no barrier.

Also, firms are price takers as no producer can influence the price of the goods in the market unlike in an imperfect competition which is a price maker as producers can influence price. Firms also sell identical products that are the same in quality, size etc.

In a perfect competition, production is not characterized by significant economies of scale. That is an assumption that can be found in monopoly.

Therefore, option A is the right answer.

7 0
3 years ago
Use the following balance sheet data for the First National Bank to answer the next question. Assets Liabilities Net Worth Reser
DiKsa [7]

Answer:

Reserves & Checkable deposits will equal to $36,000 and $106,000

Explanation:

The amount of checkable deposits is given $120,000 on the liabilities side. So, the withdrawal and clearance of check worth $14,000 will lead to a decline in the number of checkable deposits by $14,000. As a result, the remaining amount of checkable deposits will equal to $106,000 ($120,000 - $14,000).

To maintain the balance on asset & liabilities side of the balance sheet, the asset side will also reduce by $14,000. $14,000 will be deducted from the reserves of the bank. As a result, the remaining amount of reserves is equal to $36,000 ($50,000 - $14,000).

7 0
3 years ago
One of the largest expense categories for most businesses is:__________A) advertisingB) research and developmentC) payrollD) pro
kiruha [24]

Answer:

C) payroll.

Explanation:

Expenses can be defined as the amount of cost that is being incurred in the generation of revenue and smooth operations or running of a business by an organization or business firm. There are basically two (2) types of expenses associated with business and these are; operating and non-operating expenses.

One of the largest expense categories for most businesses is payroll. A payroll can be defined as a comprehensive list of employees working for an organization and are eligible to receive wages, as well as the amount of money that they are entitled to receive. It constitutes about 70% of an organization's total expense or overhead.

4 0
3 years ago
Steve Company purchased a tractor at a cost of $180,000. The tractor has an estimated salvage value of $20,000 and an estimated
Ghella [55]

Answer:

Steve Company

Entries to record the sale of the tractor will show:

Debit Cash Account with $70,000

Credit Sale of Tractor with $70,000

To record the sale

Debit Accumulated Depreciation with $72,000

Credit Sale of Tractor with $72,000

To record the transfer of accumulated depreciation.

Debit Sale of Tractor with $180,000

Credit Tractor Account with $180,000

To record the transfer of Tractor account.

Debit Loss on Sale of Tractor with $38,000

Credit Sale of Tractor with $38,000

To record the loss on sale of tractor.

Explanation:

1. Depreciation Expense for:

2019 = ($180,000 - 20,000)/10,000 x 2,400 = $38,400

2020 = ($180,000 - 20,000)/10,000 x 2,100 = $33,600

2. Accumulated Depreciation balance = $72,000 ($38,400 + 33,600)

3. Tractor account will be equal to $180,000 and this is transferred out to Sale of Tractor to account for the transaction.

4. Loss on Sale of Tractor =  $38,000 ($180,000 - 72,000 - 70,000).  The tractor was sold for less than its book value.  The book value is the Tractor book value minus the accumulated depreciation.

3 0
3 years ago
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