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4 years ago

Luxury items in a budget come from _____. A. an income B. a deficit C. fixed expenses D. savings

Business

2 answers:

Elis [28]4 years ago

7 0

Thank you. That was very helpful

Scrat [10]4 years ago

3 0

Luxury items in a budget come from : D. Saving

People tend to buy luxury items after the other crucial needs are met, which means that it will be most likely that the budget came from the income that is intended for saving

hope this helps

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Find the present value of the following stream of a firm's cash flows, assuming that the firm's opportunity cost is 9 percent.

alex41 [277]

Answer:

The total Present value of the stream of the firm cash flow is $79,348

Explanation:

Complete Question is as follows "Find the present value of the following stream of cash flows assuming that the firms opportunity costs is 9 percent.

1-5 years - $10,000 - Annual

6-10 years - $16,000 - Annual

Year Cash flow$ PVF at 9% Present Value$

[ 1/ (1+0.09)^n ]

1 10000 0.9174 9174

2 10000 0.8417 8417

3 10000 0.7722 7722

4 10000 0.7084 7084

5 10000 0.6499 6499

6 16000 0.5963 9540.8

7 16000 0.547 8752

8 16000 0.5019 8030.4

9 16000 0.4604 7366.4

10 16000 0.4224 <u>6758.4 </u>

Total <u>$79,348</u>

3 0

3 years ago

What type of tort action requires proof of fault?

AleksandrR [38]

Answer:

C Negligence

Explanation:

Negligence is the most common basis for a civil tort claim. It alleges the fault of the defendant based on four elements: duty, breach of duty, causation and damages.

4 0

3 years ago

is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a

aleksandrvk [35]

Answer:

is personally responsible for all partnership debts

Explanation:

COMPLETE QUESTION

A general partner:

is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a limited partner does not. has a maximum loss equal to his or her equity investment. receives a salary in lieu of a portion of the profits.

EXPLANATION

A general partner can be regarded as a person that joins with another person or join with more than one other person to form a business. A general partner is responsible for the actions that is been taken in the business, He or she is liable personally for all the debts as well as obligations in the business and can bind the business legally. It should be noted that A general partner is personally responsible for all partnership debts.

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3 years ago

Suppose that weekly output is worth $1000, and labor and materials costs are $300 and $200,respectively. What is the multifactor

Georgia [21]

Answer:

c. 2

Explanation:

The multifactor productivity ratio can be determined using the below mentioned formula:

Multi factor productivity=Output worth/cost of material+cost of labor

In the given question:

Output worth=$1,000

cost of material+cost of labor=$300+$200=$500

Multifactor productivity=$1,000/$500=2

So based on the above calculation, the answer is c. 2

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4 years ago

Finding both parties to a trade who have something the other party wishes to trade for is called a

inn [45]

Answer:

Double coincidence of wants

Explanation:

In a barter system, there has to be double coincidence of wants. This means that both parties to a trade who have something the other party wishes.

For example, if I have fish and I want cereals which i don't have. you want fish but you don't have it but you have cereals. I could give you my fish and you can give me your cereals

8 0

3 years ago