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chubhunter [2.5K]
3 years ago
15

Michael is the owner of a restaurant in downtown Buffalo and recently signed a long-term lease with the building's owner. Since

Michael will be staying in his current location for the long-term, he decides to install new commercial ovens and dishwashers. These installations are examples of what...?
Business
1 answer:
Softa [21]3 years ago
8 0

Answer:

The correct answer to the following question is Trade fixtures.

Explanation:

The installations made by Michael ( who is the owner of restaurant in Buffalo, New York ) such as commercial ovens and dishwashers are example of trade fixtures. Trade fixtures are those type of property that a tenant (which Michael is in this case) attaches to the building or land that he or she has taken on lease, for purpose of conducting business on that property.

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. A business cycle is the a. period of time in which expansion and contraction of economic activity are equal. b. period of time
Mama L [17]

Answer:

c. recurring growth and decline in real GDP.

Explanation:

A business cycle is also called a economic cycle or trade cycle, and it is the fluctuation of GDP up and down along its long term growth trend. A business cycle consists of a period of boom and contraction in sequence.

It shows rise and fall in production of goods and services within a country including output from businesses, individuals, households, nonprofits, and government.

There are 4 stages that make up the business cycle that is peak, recession , trough, and expansion.

3 0
3 years ago
Product X-547 is one of the joint products in a joint manufacturing process. Management is considering whether to sell X-547 at
Sphinxa [80]

<u>Solution and Explanation:</u>

The correct answer is I, II, III, and IV

The reason behind is that joint cost is always related to the multifarious products.  Joint expense is the assembling cost brought about on a joint creation process which takes regular sources of info however at the same time delivers various items called joint-items, for example, preparing of raw petroleum at the same time yields gas, diesel, stream fuel, greases and different items.  

So, as to apportion expenses to such joint items, bookkeepers need to utilize an appropriate cost portion technique on a predictable premise. The joint cost alludes to that cost which is brought about before the split-off point on the creation or assembling of numerous items, by expending similar data sources or factors of creation.

5 0
2 years ago
What is the difference between having a co-signer and becoming an authorized user?
prohojiy [21]

Answer:

The correct answer is letter "D": As a co-signer, you open an account and an adult signs on with you; as an authorized user, you are added to someone’s existing account

Explanation:

Co-signers are individuals that could help others to open a credit card account in case that person does not meet specific credit history requirements but the credit card issuer. Co-signers must be 21 years old. Authorized users are added to the account to request information, change it, or make payments.

8 0
3 years ago
Read 2 more answers
A restaurant offers a catering service which costs $19.50 per person with a $91.75 service charge. For parties of 70 or more peo
Mariulka [41]

Answer:

1. T=19.5n+91.75, where n<70

2. T=15n+45, where n≥70

Explanation:

1. The first linear function can be expressed as;

Total cost of catering services=(Cost per person×number of people, n)+Service charge

where;

Total cost of catering services=T

Cost per person=$19.50

Number of people=n

Service charge=$91.75

Replacing;

T=(19.5×n)+91.75

T=19.5n+91.75

The first equation: T=19.5n+91.75, where n<70

2. The second linear function can be expressed as;

Total cost of catering services=(Cost per person×number of people, n)+Service charge

where;

Total cost of catering services=T

Cost per person=$15

Number of people=n

Service charge=$45

Replacing;

T=(15×n)+45

T=15n+45

The second equation: T=15n+45, where n≥70

4 0
3 years ago
Time to reach a financial goal You have $42,180.53 in a brokerage account, and you plan to deposit an additional $5,000 at the e
andrew11 [14]

Answer:

It take to reach your goal is 11 years

Explanation:

given data

initial fixed amount = $42,180.53

deposit additional = $5,000

account totals = $250,000

expect to earn r = 12%

solution

we will apply Future value of annuity that is express as

Future value of annuity = initial fixed amount ×  (1+r)^{t} + deposit additional  × \frac{(1+r)^t-1}{r}     ......................a

put here value and we get

250,000 = 42,180.53  \times (1+0.12)^{t} + 5,000 \times  \frac{(1+0.12)^t-1}{0.12}          

solve it we get

time t = 11

so it take to reach your goal is 11 years

6 0
3 years ago
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