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Elenna [48]
3 years ago
7

Describe the economic cycle. Give specific details and examples

Business
1 answer:
Vitek1552 [10]3 years ago
8 0

Answer:

Economic cycles are identified as having four distinct economic stages: expansion, peak, contraction, and trough.expansion.

Explanation:

An expansion is characterized by increasing employment and economic growth, and inflation rises. The peak is when the economy is producing at the maximum allowable output. Contraction Happens when growth slows, employment declines, and subsides. Trough economy has hit a rock bottom, so the next stage is

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E-businesses use the physical rather than the virtual value chain
Olenka [21]

Answer:

trueee

Explanation:

5 0
2 years ago
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi
borishaifa [10]

Answer:

Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $330,000. During 2021, Halifax sold merchandise on account for $11,800,000. Halifax's merchandise costs is 70% of merchandise selling price. Also during the year, customers returned $345,000 in sales for credit, with $191,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year.

Explanation:

Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $330,000. During 2021, Halifax sold merchandise on account for $11,800,000. Halifax's merchandise costs is 70% of merchandise selling price. Also during the year, customers returned $345,000 in sales for credit, with $191,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 3% of sales, are recorded as an adjusting entry at the end of the year.

6 0
2 years ago
Compute the annual dollar changes and percent changes for each of the following accounts. (Round percent change to one decimal p
elixir [45]

Answer and Explanation:

The computation of annual dollar changes and percent changes for each of the following accounts is shown below:-

Particulars       2015         2014       Changes in dollar    Percent change

                           a             b               c = (a - b)                   d = c ÷ b

Short term    

investments $380,168   $239,377    $140,790                    58.82%

Accounts  

receivable  $102,276    $105,903      -$3,627                     -3.42%

Notes

payable        0                $93,973      -$93,973                    -100%

4 0
3 years ago
Q1. This organizational structure violates the unity of
KiRa [710]
<h2>Question:</h2>

Q1. This organizational structure violates the unity of command principles because of dual reporting relationship.

Q2. It is a collection of independent, mostly single function enterprises that collaborate on a good or service.

<h2>Answer:</h2>
  1. <u>C</u><u>.</u><u> </u><u>Matrix</u><u> </u><u>Organization</u><u> </u>
  2. <u>A</u><u>.</u><u> </u><u>Divisional</u><u> </u><u>Organization</u><u> </u>
<h2>Explanation:</h2>

That's my opinion and I hope it helps ^_^

<h2><u>#CARRYONLEARNING</u><u> </u></h2><h2><u>#STUDYWELL</u><u> </u></h2>
8 0
3 years ago
Wages of 8,000 are earned by workers but not paid as of december 31
arsen [322]

Answer:

huh i dont understand that question no choosing letter

8 0
2 years ago
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