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4 years ago

Define business cycle

Business

2 answers:

dmitriy555 [2]4 years ago

4 0

Answer:

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.

Explanation:

melisa1 [442]4 years ago

3 0

The business cycle is the fluctuation in economic activity

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In the context of the six sections of the Position Analysis Questionnaire (PAQ), _____ represent the reasoning, decision-making,

riadik2000 [5.3K]

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

The mental process define many different innovative methods such as logical assignments to assign a Process for the job, by this they get Information regarding job .

In the Position Analysis method such as Question related to job small assignments , authorities try Innovative methods to find Potential of an individual and their characteristics.

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3 years ago

Directions: After reading the texts, choose the best answer for the multiple-choice questions below and respond to

creativ13 [48]

Answer:

Their study of data from the Gallup-Healthways Well-Being Index found that while “life evaluations rise steadily with income,” emotional well-being drops off at about $75,000 a year. Beyond $75,000, money is important for life evaluation but does nothing for happiness, enjoyment, sadness, or stress.

Explanation:

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3 years ago

Read 2 more answers

The modern enterprises reported all assets in the accounts at current market value. This action is a violation of:

maw [93]

This action is a violation of Cost Principle or Historical Cost Concept.

<h3>What is Historical Cost Concept?</h3>

The historical cost principle states that a company or business must account for and record all assets at the original cost or purchase price on their balance sheet and not at its market price.

The historical cost principle forms the foundation for an ongoing trade-off between usefulness and reliability of an asset.

Thus, if the modern enterprises reported all assets in the accounts at current market value. This action is a violation of Cost Principle or Historical Cost Concept.

Learn more about Historical Cost Concept here,

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2 years ago

The most recent financial statements for Summer Tyme, Inc., are shown here:______.

inysia [295]

Answer: $‭1,448.75‬

Explanation:

Sales are to increase by 25% along with Assets, costs and current liabilities.

Sales (3,700 * 1.25) $‭4,625‬

Less: Costs ( 1,800 * 1.25) <u> $‭2,250‬</u>

Taxable Income $2,375

Tax (2,375 * 34%) <u> $807.50</u>

Net Income $1,567.50

Addition to retained earnings = Net Income - Dividends

= 1,567.50 - ( 1,567.50 * 50%)

= $‭783.75‬

Equity = 5,430 + 783.75 = $‭6,213.75‬

Assets = 9,900 * 1.25 = $‭12,375‬

Total Liability = Long term debt + Current liability

= 3,500 + (970 * 1.25)

= $‭4,712.5‬0

Assets = Liability + Equity

12,375 ≠ 4,712.50 + 6,213.75

External financing needed = 12,375 - 4,712.50 - 6,213.75

= $‭1,448.75‬

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3 years ago

Global Services is considering a promotional campaign that will increase annual credit sales by $570,000. The company will requi

klasskru [66]

Answer:

The investments in accounts receivable, inventory, and plant and equipment based on the turnover ratios would be the following:

Accounts receivable is $190,000

Inventory is $95,000

Plant and equipment is $570,000

The Total would be of $855,000

Explanation:

According to the given data we have the following:

Global Services is considering a promotional campaign that will increase annual credit sales by $570,000.

Therefore, in order to calculate the the investments in accounts receivable, inventory, and plant and equipment based on the turnover ratios we would have to make the following calculations:

Accounts receivable=$570,000/3=$190,000

Inventory=$570,000/6=$95,000

Plant and equipment=570,000/1=$570,000

Therefore, the Total would be of $855,000

6 0

3 years ago