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dsp73
3 years ago
6

06.06 segment exam A period of economic stability began in the 1980s. In 2001, prices began to increase. In 2007, an economic cr

isis caused prices to fall. Which of these dates would be considered the peak of this cycle?
Business
1 answer:
Sophie [7]3 years ago
8 0

Answer:

Year 2006 would be consider the of this cycle.

Explanation:

A peak date in a given period  is the highest point between the end of an economic expansion and the start of a contraction. The peak of the cycle refers to the year month before several key economic indicators, such as employment and new housing starts, begin to fall and interest rates begin to rise/increase.

So in the above question 2006 is peak date as in 2007 economic contraction took place,

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What guidance identifies federal security controls.
pantera1 [17]

The Federal Information Security Management Act of 2002 is the guidance that identifies federal security controls.

<h3>What is the The Federal Information Security Management Act of 2002?</h3>

This is also known as the FISMA 2002. This guideline requires federal agencies to doe the following:

  • To document
  • To implement
  • To develop

Agency programs nationwide that  would help to support the operations of the agency.

Read more on federal agencies here:

brainly.com/question/8109105

3 0
2 years ago
Hernando lives in a county where everyone pays the same amount of taxes no matter their income. Which type of tax system is Her
Temka [501]

Answer: Proportional Tax System

Explanation:

7 0
3 years ago
You believe that the Non-Stick Gum Factory will pay a dividend of $2 on its common stock next year. Thereafter, you expect divid
yuradex [85]

Answer:

$16.67

Explanation:

Data provided in the question;

Dividend to be paid next year, D1 = $2

Expected growth rate of dividend, g = 4% = 0.04

Required rate of return on the investment = 16% = 0.16

Now,

Price to be paid for the stock = \frac{D1}{\textup{(r-g)}}

or

Price to be paid for the stock = \frac{\$2}{\textup{(0.16-0.04)}}

or

Price to be paid for the stock = $16.67

8 0
3 years ago
Spartan systems reported total sales of $430,000, at a price of $25 and per unit variable expenses of $16, for the sales of thei
jek_recluse [69]

We are told the company had total sales of $430,000 and sold each product for $25. We can conclude that they sold 17,200 units of their product by dividing 430000 by 25.

As we are selling a single product in the problem's text, and because we told both per-unit contribution margin and net operating income, we have enough information to build a contribution based income statement. In a contribution based (or internal) statement, Revenue - Total Variable Expenses = Contribution Margin and Contribution Margin - Total Fixed Expenses = Operating Income.

$430,000 Total Sales Revenue

<u>(275,200) Total Variable Expenses</u>

$154,800 Total Contribution Margin

<u>(113,000) Total Fixed Expenses</u>

$41,800 Net Income

Think of our above statement as the BEFORE. Now we are going to make the AFTER and increase the volume. Since the selling price is $25 and we sold 17,200 units, we multiply 17,200 times 20% to find the new units sold. 17200 * 20% is 3440 units. We add that to the 17.200 units to find our new sales volume, which is 20,640 units. Since each product sells for $25 each, we can calculate our new contribution margin.

$516,000 Sales Revenue AFTER 20% increase

<u>(330,240) Variable Expenses AFTER 20 % increase; 16 * 20640</u>

$185,760 Contribution Margin AFTER 20% increase


Thus the new contribution margin is $185,760.

3 0
3 years ago
The company paid cash of $1,500 on its account with one of its suppliers from whom it regularly purchases inventory. The invento
Vladimir79 [104]

Answer:

A) DEBIT to Accounts Payable for $1,500

Explanation:

The records that the company should make regarding the payment of the purchased merchandise is:

  • Debit record Accounts Payable account 1,500 (since Accounts Payable is a liability account, when it decreases it should be debited)
  • Credit record Cash account 1,500 (since Cash is an asset account, when it decreases it should be credited)

7 0
3 years ago
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