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SCORPION-xisa [38]
4 years ago
6

16. Which of the following is the correct heading for the trial balance? A. B. C. D. Platt Hardware Store May 31, 20— Trial Bala

nce Trial Balance May 31, 20— Platt Hardware Store Platt Hardware Store Trial Balance For the period ending May 31, 20— Platt Hardware Store Trial Balance As of May 31, 20—

Business
1 answer:
inysia [295]4 years ago
8 0

D. Platt Hardware Store Trial Balance As of May 31, 20

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During a recessionary period, which of the following economic behavior would be expected? Consumer would switch from premium bra
Kisachek [45]

Answer:

Consumer would switch from premium brands to lower-priced ones

Explanation:

On recession the income lowers.

Based on the lower income, the consumers will switch from normal goods to inferior goods. Thus, the inferior goods demand increase as the income lower's.

The taxes won't increase as, the lower income will decrease the tax collected.

The property value will decrease, not increase as there is less demand for real state.

If if this discretionary income then, it is assigned to none. It will be asigned to anything the consumer wants to.

6 0
4 years ago
Revenue or income, minus departmental expenses and undistributed expenses equals:
mixer [17]
Departmental income can be considered the contribution of revenues to profits because it is computed after deducting the direct costs of providing the service or product. Subtracting all of the undistributed operating expenses from total revenues results in gross operating profit per available room (GOPPAR).
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4 years ago
Which of the following is NOT something that can be gleaned from a company's SWOT? How to improve a company's strategy by using
sesenic [268]

Answer: The following is NOT something that can be gleaned from a company's SWOT:

  • How to turn a core competence into a distinctive competence .

Explanation:

The SWOT (comes from <em><u>Weaknesses, Threats, Strengths and Opportunities)</u></em> is a<em> tool </em>that allows any business to have the reality of your company, brand or product <em>to make future decisions</em>.

It can be the <em>beginning</em> of our business history and <em>helps us </em>define the best <em>strategies</em> to make the business viable and work.

Core competence is a business competition that is <em>essentia</em>l or central to its performance and overall success.

A distinctive competence is any competition that <u><em>distinguishes a company from its competitors.</em></u> While this may be any competition, fundamental or otherwise, it is a fundamental competence that distinguishes a company from the competition.    

5 0
3 years ago
On June 2nd, SEAkayak had the following details for its common stock: 1,000,000 shares authorized, 400,000 shares issued, and 40
kompoz [17]

Answer:

The authorized common stock shares remain 1,000,000 shares.

Explanation:

The authorized shares are not affected by movements in the shares, like issue of shares, repurchase, and resale of treasury stock shares.  The authorized shares, therefore, represent the number of shares that the company is legally bound to issue without exceeding.  The implication is that the company is free to issue shares less than or equal to the authorized shares, but it may not issue more than the authorized until it obtains a new authorization.

The movements are accounted for in separate accounts called Issued Common Stock Account and Treasury Stock Account.  The treasury stock account is a contra account to the Common Stock.

3 0
3 years ago
Slick's Used Cars sells pre-owned cars on the installment basis and carries its own notes because its customers typically cannot
taurus [48]

Answer:

All these methods will work

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