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4 years ago

During a decline in the economy, a limited number of jobs will motivate a growing number of ______ to start new businesses.

Business

1 answer:

Rudik [331]4 years ago

6 0

Answer:

Experienced but unemployed people

Explanation:

In times of economic slowdown such as a recession, the rate of employment goes up. Many qualified workers seeking employment will not be hired. Experienced workers lose their jobs as a result of a decline in production.

The experienced worker who fails in securing new jobs ends up starting their businesses. These experienced workers already have knowledge on how to run a business, and would probably have some saving. With their qualification and experience, managing a new business is not very challenging for them.

The 2008 financial crises resulted in the establishment of many new startup businesses.

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A 12-year capital lease specifies equal minimum annual lease payments. Part of this payment represents interest and part represe

Andre45 [30]

Answer:

More than in year 8

Explanation:

A capital lease is a type of lease in which the lesser financed only the asset and all other ownership rights would be transferred to the lessee

In the given situation, the 12-year capital lease is equivalent to the annual lease payment at minimum cost

This payment involves the interest and the reduction amount

Now in the year 10 the reduction made to the lease liability should be more than in the year 8

6 0

3 years ago

Kevin, a real estate broker, sold a property and received a 6-1/2% commission. Kevin gave the listings broker 30% of the commiss

Mama L [17]

Answer:

the selling price of the property is $183,333

Explanation:

The computation of the selling price of the property is as follows:

= (Price ÷ commission percentage) ÷ ( commission percentage)

= ($3,575 ÷ 30%) ÷ (6.5%)

= $183,333.

Hence, the selling price of the property is $183,333

We simply applied the above formula so that the correct value could come

4 0

3 years ago

If a firm's average total cost is less than price where MR = MC,

bekas [8.4K]

Answer:

C. the firm should produce if its price exceeds average variable cost.

Explanation:

WHen average total cost is less that price, this means you are making a profit, and since they are in the equilibrium sate with Margina revenue being equal to marginal cost, they are in the sweet spot of production, so the only thing left for them is producing if its price exceeds average variable cost, and that would maximize their profits.

3 0

3 years ago

Julie is looking to sell her flower shop. She should hire a(n) _____ to help her find a buyer and negotiate the sale.

Alchen [17]

Answer:

B is the answer for the question

8 0

3 years ago

Concord Industries purchased $9,100 of merchandise on February 1, 2020, subject to a trade discount of 10% and with credit terms

marishachu [46]

Answer:

Explanation:

The journal entries are shown below:

a. Merchandise Inventory A/c $8,190

To Accounts payable A/c $8,190

(Being goods purchased on credit)

The computation after applying discount is shown below:

= Purchase amount - purchase amount × trade discount percentage

= $9,100 - $9,100 × 10%

= $9,100 - $910

= $8,190

b. Accounts payable A/c $2,610

To Merchandise Inventory A/c $2,610

(Being goods returned is recorded)

The computation after applying discount is shown below:

= Purchase amount - purchase amount × trade discount percentage

= $2,900 - $2,900 × 10%

= $2,900 - $290

= $2,610

c. Accounts payable A/c Dr $5,580 ($8,190 - $2,610)

To Cash A/c $5,412.60

To Merchandise Inventory A/c $167.40 ($8,190 - $2,610) × 3%

(Being due amount is paid and remaining balance is credited to the cash account)

3 0

4 years ago