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irakobra [83]
3 years ago
12

Which statement best summarizes the role of businesses in the flow of

Business
2 answers:
liraira [26]3 years ago
7 0

Answer:

the answer is C

Nadya [2.5K]3 years ago
6 0
I think the answer is C
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Romona Company expects its November sales to be 20​% higher than its October sales of $ 240 comma 000. All sales are on credit a
kotykmax [81]

Answer:

The cash balance on November 30 amounts to $155,700

Explanation:

Cash balance on November 30 = Beginning balance + Collection of cash from October sales + Collection of cash from November sales - Payments for October Purchases - Payments for November Purchases

where

Beginning balance is $13,700

Collection of cash from October sales =  October Sales × % amount collected

                                                                = $240,000 × 70%

                                                                = $168,000

Collection of cash from November sales =  November Sales × % amount collected

                                                                = $240,000 × 1.20 × 25%

                                                                = $72,000

Payments for October Purchases = October Purchases × % amount paid

                                                        = $70,000 × 65%

                                                        = $45,500

Payments for November Purchases = November Purchases × % amount paid

                                                        = $150,000 × 35%

                                                        = $52,500

Putting the values in the above formula

Cash balance on November 30 = $13,700 + $168,000 + $72,000 - $45,500 - $52,500

= $155,700

4 0
3 years ago
A.R.C. is a large non-profit humanitarian aid organization that has been forced to pull out of several African markets in recent
irga5000 [103]

Answer:d

Explanation: Economic instability can include a volatile inflation rate and volatile rate of economic growth. It can involve higher unemployment and uncertainty about the economic cycle.

big fall in stock markets can trigger falls in consumer confidence and lead to a recession. The Wall Street crash of 1929 was a primary cause of the great depression. However, the stock market crash of 1987 did not cause an economic downturn. In fact, in the UK it was followed by an unprecedented economic boom. This was partly due to the way the government responded by cutting income tax and cutting interest rates. Interest rates are used as a tool in controlling inflation. However, they can also have an impact on consumer spending. Sometimes interest rates may have little impact; however, if they coincide with other factors they can cause a much bigger than expected fall in consumer spending. For example, in the UK, many homeowners have a variable mortgage. Therefore a small change in interest rates can have a big effect on disposable income. If an increase in interest rates was combined with another factor such as the slowing down of house price growth it may cause a big fall in spending. Number One priority to Target Economic growth and reduce unemployment. At the very least, economic growth needs to be close to long run trend rate 2.5%; it actually needs to be higher to catch up with lost spare capacity. Strong growth will help boost tax revenues and reduce unemployment. It is only in this climate you can successfully reduce the deficit. There is supply-side unemployment, especially in Europe, which has seen prolonged structural unemployment in past two decades. But, the fundamental cause is lack of aggregate demand

8 0
3 years ago
If the fed wants to _______ the money supply, it discourages bank loans.
scoray [572]
<span>This would be a way to lower the money supply. By discouraging bank loans, there becomes fewer overall dollars in the hands of the general public. Fewer dollars held by people overall equals a smaller overall money supply. Bank loans to the public would be a way of increasing the money supply, in the opposite instance.</span>
5 0
3 years ago
Reliability is the probability that a product or system will function when activated. True or False
GenaCL600 [577]

Answer:

True

Explanation:

The term reliability is associated with consistency in performance that can be proven through statistical analysis. Reliability means dependability. It is the assurance that a system, equipment, or apparatus will perform its functions as expected with many instances of failure.

Reliability is the high probability that a system or equipment will operate without failure. Reliability means that performance results can be verified. The probability of producing such results in the future is high.

4 0
3 years ago
When you send someone a birthday card because she or he sent you one, you are complying with the norm of:?
andrew11 [14]
You are complying with the norm of reciprocity. The norm of reciprocity is a type of social norm that requires a person to understand the need to respond other person's favor by returning the benefits given from that favor. This type of norm is being studied by the organization. The organization uses the perceived organizational support and perceived psychological contract violation for the measuring tool<span>.</span>
4 0
3 years ago
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