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Tom [10]
3 years ago
13

How did you feel while you were discussing your inventories with your family members

Business
1 answer:
Law Incorporation [45]3 years ago
5 0
Felt pretty alright yo 
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Suppose that Abdul opens a coffee shop. He receives a loan from a bank for $100,000. He withdraws $50,000 from his personal savi
Mars2501 [29]

Answer:

The correct answer is $1,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

Receives a loan = $100,000

Withdraws = $50,000

Interest rate = 2%

So, we can calculate the implicit cost by using following formula:

Implicit cost = Withdrawal amount × Tax rate

By putting the value, we get

Implicit cost = $50,000 × 2%

= $1,000

7 0
3 years ago
Other things the same, a decrease in the price level makes consumers feel a. more wealthy, so the quantity of goods and services
nordsb [41]

Answer:

more wealthy, so the quantity of goods and services demanded rises. 

Explanation:

If price level falls, the same basket of goods and services purchased by consumers would cost less. Consumers feel more wealthy and the quantity demanded of goods and services increases .

For example, if I spend $100 on clothes and the price of clothes falls to $50, I would buy clothes for $50 and still have extra $50. I can use the $50 to buy more clothes.

I hope my answer helps you.

3 0
3 years ago
Property taxes and fines represent which of the following classes of nonexchange transactions for government units? Group of ans
zepelin [54]

Answer:

B. Imposed Non Exchange Transactions

Explanation:

A non exchange transaction is a form of transaction whereby a party or a group or an individual receives something of value without directly giving value back in exchange. In non exchange transactions, a party gives value to another without directly receiving approximate value in exchanges. Grants, taxes, special assessments, fines and so on are all parts of non exchange transactions. However, taxes and fines are imposed non exchange transactions because they are assessed and not derived from transactions.

6 0
3 years ago
Two methods of estimating uncollectible receivables are? ________.
miskamm [114]
The answer is an aging-of-accounts-receivable method and the percent-of-sales method. More often than not, when a credit alteration is gone into the Allowance account, a relating charge sum is gone into Bad Debts Expense. The maturing technique happens by sorting an organization's records receivable as per the dates of these unpaid solicitations.
4 0
3 years ago
Jenna owns a film production company that produces television commercials and short documentaries. she has only a few permanent
dimaraw [331]

The type of organizational structure that is being described above is virtual organization. This is a kind of organization in which is composed of separated or disperse entities in which they are to associate informational technology in order for their work and communication to be supported and to work.

8 0
3 years ago
Read 2 more answers
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