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3 years ago

Consumption occurs when income is exchanged for goods or services

Business

2 answers:

BabaBlast [244]3 years ago

8 0

Answer: the anwser is c

disposable income is spent on consumer goods and services.

Explanation:

Nonamiya [84]3 years ago

4 0

Answer:

The correct answer is when income is exchanged for goods or services.

Explanation:

When we earn income, a portion of it goes to savings, and the balance income is called the disposable income. This disposable income can be used in various ways. You can invest it in income generating assets such as stocks, real estate, or you can exchange that for goods and services which is called the consumption.

Generally, the rate of consumption grows when the income grows.

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Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing meth

Sedbober [7]

Answer:

Number = 1,490

Cost of goods available for sale = $75,200

Explanation:

Computing the number as:

Number = (Beginning inventory + Purchases + Purchases) - Sales

Number = (1,220 + 310 + 270) - 310

Number = 1,800 - 310

Number = 1,490

Computing the cost of goods available for sale as:

Cost of goods available for sale = Total cost of beginning inventory + Total Cost of purchase + Total Cost of purchase

Cost of goods available for sale = $17,600 + $27,900 + $29,700

Cost of goods available for sale = $75,200

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4 years ago

You buy a lottery ticket to a lottery that costs $10 per ticket. there are only 100 tickets available to be sold in this lottery

zaharov [31]

You must look first for the probability of the 4 prizes which are $500, $100, $25, and no prize.
P ($500 prize) = 1/100 or 0.01
P ($100 prize) = 2/100 or 0.02
P ($25 prize) = 4/100 or 0.04
P (No prize) = 100/100 – 1+2+4/100 =93/100 .93

Expected gain or loss is computed by: (P(x)* n)

E= (500-10)*.01 + (100-10)*0.02 + (25-10)* 0.04 + (-10)*.93
= 4.90 + 1.80 + 0.6 – 9.3
E = -2

There is a loss of $2.

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3 years ago

A goal in conveying unfavorable news in writing should be to make the receiver call or write back to clarify the message; this w

Gnoma [55]

True it’s true because i said so

6 0

3 years ago

Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold

stepan [7]

Answer:

Net increase in cash = $650

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.

Also note: See the attached excel file for the statement of cash flows using the indirect method.

From the attached excel file, we have:

Net cash flow from operating activities = $830

Net cash flow from investing activities = $30

Net cash from financing activities = -$210

Net increase in cash = $650

Download xlsx

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3 years ago

A contractual disagreement led to a seller’s reducing the contract price by $1000. this agreement would be

miskamm [114]

A situation in which a contractual agreement led and resulted in a seller's reducing the original contract to a lesser contract value with a price difference of $1000. During this agreement, the seller or a builder agreed to have and accept a lesser consideration. The builder adjusted his agreement contract amount just to please the customer and chose their company over the other.

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3 years ago