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8_murik_8 [283]
3 years ago
11

Since the beginning of the twentieth century, the United States has experienced _________ recessions. Of those, ______ have occu

rred since 1970.
Business
1 answer:
faltersainse [42]3 years ago
5 0

Answer: 22; 7

Explanation;

A Recession refers to the economy of a country contracting for at least 2 quarters.

Since the the beginning of the twentieth century, the United States has experienced<u> 22 recessions </u>with the worst being the Great Depression of 1929 and the Great Recession of 2008.

Of those,<u> 7 have occurred since 1970</u> with the 7th ongoing as a result of the Corona virus pandemic.

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Abby received requests from three families to babysit a toddler for four hours on Friday night. She can only babysit for one of
Sidana [21]

Answer:

The correct answer to the following question is $30 .

Explanation:

Opportunity cost can be described as the benefits that a person ( who can be an investor or individual or even a company  ) is missing out on , if he or she chooses one alternative over the other. This cost is not shown in financial statements but it is important for a owner or manager to understand what potential opportunity he or she is missing out on if chooses one over the other.

In the given question Abby chooses to work for Lewis who are giving her $40 to watch their toddler, so here the next best alternative that she is missing on is $30 that Gilbert's would have given her.

7 0
3 years ago
Which of the following statements is true with regard to the departmental overhead rate method? a. It is logical to use this met
baherus [9]

Answer:

b. It is logical to use this method when overhead resources are consumed by various products in substantially different ways throughout multiple departments.

Explanation:

The departmental overhead rate method -

It refers to the expense rate charged for the specific department of the factory for the goods and services produced , is referred to as the departmental overhead rate method.

It is a type of some standard charge imposed for the particular activity produced, for each and every step of the production of the goods and service, until the final product is produced, at various level a specific rate is applied, i.e. , the departmental overhead rate method.

Hence, from the given information of the question,

The correct answer is b.

6 0
3 years ago
In its most recent annual report, Appalachian Beverages reported current assets of $54,000 and a current ratio of 1.80. Assume t
svetlana [45]

Answer:

Current Ratio - Transaction 1 = 1.6666  rounded off to 1.67

Current Ratio - Transaction 2 = 1.6388  rounded off to 1.64

Explanation:

The current ratio is a measure of liquidity which measures the amount of current assets a business has to pay off each $1 of current liability. It is calculated as follows,

Current Ratio = Current Assets / Current Liabilities

We know the initial current ratio and current assets. The initial current liabilities will be,

1.8 = 54000 / Current Liabilities

Current Liabilities = 54000 / 1.8

Current Liabilities = $30000

Transaction 1

The result of transaction 1 will be that the current assets will increase by $6000 as inventory increases and the current liabilities will also increase by $6000 as accounts payable are increasing. The new current ratio will be,

Current Ratio - Transaction 1 = (54000 + 6000)  /  (30000 + 6000)

Current Ratio - Transaction 1 = 1.6666 rounded off to 1.67

Transaction 2

The result of transaction 2 will be that the current assets will decrease by $1000 as payment for truck which is a fixed asset is made partly by cash and the current liabilities will not increase as the note signed for the remaining payment of the truck is due after 2 years thus it is a non current liability. The new current ratio will be,

Current Ratio - Transaction 2 = (54000 + 6000 -1000)  /  (30000 + 6000)

Current Ratio - Transaction 2 = 1.6388  rounded off to 1.64

5 0
3 years ago
In 2013, Natural Selection, a nationwide computer dating service, had $500 million of assets and $200 million of liabilities. Ea
Allisa [31]

Answer and Explanation:

The computation is shown below:

a)  Liabilities to equity ratio is

= $200 ÷ ($500 - $200)

= 0.667

Times interest earned ratio is

= EBIT ÷ Interest expense

= $120 ÷ $28

= 4.285

Times burden covered is

= EBIT ÷  (Interest +Principal repayment ÷ ( 1 -tax rate))

= 120 ÷ (28+24 ÷ (1-0.4))

= 1.764

b)

Interest paying requirements  

= ($128 - $20) ÷ 120

= 76.7%

Principal and interest requirements  

= [$120 - ($28 + $24 ÷ (1-0.4))] ÷ 120

= 0.433 or 43.3%

Principal, Interest and Common dividend payments -

= [$120 - ($28 + (($24 + 0.3 × 20) ÷ (1 - 0.4))] ÷ 120

= 0.35 or 35%

3 0
3 years ago
According to Lewin's Change Model, an organization must deliberately change old habits, learn new work methods, and accept the n
Tpy6a [65]

Answer:

True

Explanation:

To understand the new working environment, and the changes in the overall market structure; it is very important to learn new methods and change old habits that is exactly what Lewin change model explains. This model emphasises on the importance of a change as part of a job to cope with the new era of globalisation.

7 0
3 years ago
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