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4 years ago

What is an economic factor on a business

Business

1 answer:

blsea [12.9K]4 years ago

8 0

Hi there!

Information:

First, allow us to observe what an "economic factor is".

- An economic factor is data taken out of market and economy.

- Economic factor may include certain costs. And these costs well be in our answer.

Problem-Solving / Answer

Now, we figure out what economic factors we can find.

Tax rates - tax rates can include an Economic factor.

Laws - Laws are a known economic factor.

Unemployment - Big one, at this time due to COVID-19, unemployment rates are flying off the charts. This is an example of an economic factor.

Important Keywords;

- Data ; Data can be information taken from a place, for example, you have taken data from a chart.

Learn more:

Push factors: brainly.com/question/13553564

Economic growth: brainly.com/question/13023127

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Collection of a $1,000 Accounts Receivable A. decreases a liability $1,000; increases stockholders' equity $1,000. B. has no eff

DerKrebs [107]

Answer:

B. has no effect on total assets.

Explanation:

Both cash and accounts receivable are assets. When a sale is made on credit, the entries required are debit accounts receivable and credit revenue.

On receipt of cash, debit cash and credit accounts receivable.

Hence the collection of a $1,000 Accounts Receivable will have no effect on total assets as one asset was credited ( a reduction) while the other was debited(an increase) by the same amount.

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3 years ago

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Suppose that Matthew set up a system to measure the performance of his company. He investigates any process variations that caus

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Answer:nonfinancial ethical performance.

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Nonfinancial ethical performance is therefore the performance not related to financial aspects of buisness but can affect a company's structure in the short end long run.

It is necessary to consider the nonfinancial ethical performance for investment purposes. Nonfinancial ethical performance arises from compliance of legislation, standard best practices, welfare of staff, relationship with clients which are important for internal decision making. When all these performance s are not met they may affect a buisness in the short and long run.

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3 years ago

Which statement describes an hourly wage job? a. Each paycheck is the exact same regardless of number of hours worked. b. Each p

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Answer:

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Explanation:

The salaried worker gives his workforce to another person, who pays him a salary in exchange. It can be said that an employee is an employee of a company or entity, unlike independent or autonomous workers.

Being a salaried worker means having to respect a series of rules and face duties such as meeting the established schedules, respecting their peers and superiors, performing the tasks they have been assigned.

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3 years ago

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Answer and Explanation:

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Hence, the equilibrium quantity is 6

b. Now if all the buyers are free to ride so the quantity supplied by private sellers is 0 as the minimum accepted price is more than the willingness price as producers is not able to produced

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4 years ago

Powers Corporation has provided the following information for its most recent month of operation: sales $16,000; ending inventor

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Answer:

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Plugging in the available figures in the formula,

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3 years ago