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navik [9.2K]
3 years ago
10

Why is it important to understand business and economics?

Business
1 answer:
artcher [175]3 years ago
7 0
Because in the future you will need to learn that especially if you want to have your own business
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A partial listing of costs incurred at Gilhooly Corporation during September appears below: Direct materials $ 162,000 Utilities
sergejj [24]

Answer:

Manufacturing overhead=  $96,000

Explanation:

Giving the following information:

Utilities, factory $ 11,000

Indirect labor $ 30,000

Depreciation of production equipment $ 51,000

<u>The manufacturing overhead includes all indirect costs regarding production. </u>

<u></u>

Manufacturing overhead= 11,000 + 30,000 + 51,000

Manufacturing overhead=  $96,000

8 0
3 years ago
Large loans for shopping centers are most likely to be made by
Nuetrik [128]

Large loans for shopping centers are most likely to be made by the bank funding the shopping center. When a person or the city/town decides to add a shopping center, the contract is drawn up and there is a bank funding the large loans. These loans are issued by the bank to help fund large projects to the city/town.

3 0
3 years ago
Jai Li just lost her job, and she has not yet started looking for a new one. The Bureau of Labor Statistics counts Jai Li as Gro
zysi [14]

Answer:

neither in the labor force nor unemployed

Explanation:

Since in the question it is mentioned that the  Jai Li  lost her job and neither she has not yet started looking for a new job

So according to the Bureau of Labor Statistics she counted as a neither in the labor force nor unemployed because labor force includes the combination of employed people + unemployed people

She does not qualify any of the above criteria

Hence, the last option is correct

4 0
3 years ago
Telecom company is preparing its annual cash budget. what is the best place to locate the amounts for the purchase of a new buil
RSB [31]
<span>Telecom company is preparing its annual cash budget. What is the best place to locate the amounts for the purchase of a new building? Capital expenditures budget. When a company is wanting to upgrade asset such as property and equipment they usually have money set aside for when the time comes. The money set aside is located in the capital expenditures budget. Capital expenditures budget is also known as CapEx.</span>
5 0
3 years ago
The following are the transactions of Morrell Corporation: Morrell Corporation disposed of two computers at the end of their use
coldgirl [10]

Answer:

journal entries are given below

Explanation:

given data

computers cost = $4,740

Accumulated Depreciation = $4,740

disposal = $3,480

solution

journal entries are

S.No.                    Accounting Titles                        Debit                   Credit

a.                         Accumulated depreciation          4,740  

                           Computer                                                                   4,740

b.                         Accumulated depreciation          3,480  

                           Loss on disposal                           1,260  

                           Computers                                                                  4,740

3 0
3 years ago
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