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Julli [10]
3 years ago
13

Select the account classification that matches with the description.

Business
1 answer:
Trava [24]3 years ago
5 0

Answer:

E. Revenues

Explanation:

The sale of products or services brings about revenue to the business.

The revenue according to the accrual concept is recognized when an entity has performed its obligation of delivering goods or rendering services to its customers.

Sale revenue has the expenses deducted from it in a bid to ascertain the company's profitability or the bottomline

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Using a budget is a good way to what?
belka [17]

Answer: A. stay outta debt

8 0
3 years ago
Read 2 more answers
Joan grows pumpkins. If Joan plants no seeds on her farm, she gets no harvest. If she plants 1 bag of seeds, she gets 500 pumpki
valkas [14]

Answer: Option (B) is correct.

Explanation:

Correct option: Decreasing marginal product.

Marginal product is the change in the level of output, when there will be an extra input employed in the production of a certain commodity.

So, Marginal Product = \frac{change\ in\ Q}{Change\ in\ I}

Where,

Q = Output

I = Input

Marginal product of 1st bag = 500

Marginal product of 2nd bag =  \frac{800-500}{2-1} = 300

Marginal product of 3rd bag =  \frac{900-800}{3-2} = 100

∴ From the above calculations, we can seen that as we employed one more bag of seeds as a result marginal product goes on diminishing.

Hence, Joan's production function exhibits decreasing marginal product.

3 0
3 years ago
You expect to receive year-end bonuses of $8,000 at the end of this year, $16,000 at the end of year 4, $20,000 at the end of ye
yulyashka [42]

Answer:

Total PV= $46,728.79

Explanation:

Giving the following information:

Cash flow:

Cf1= $8,000

Cf4= $16,000

Cf8= $20,000

Cf10= $25,000

Discount rate= 6%

To calculate the present value, we need to use the following formula on each cash flow:

PV= FV/(1+i)^n

Cf1= 8,000/(1.06^1)= 7,547.17

Cf4= 16,000/(1.06^4)= 12,673.50

Cf8= 20,000/(1.06^8)= 12,548.25

Cf10= 25,000/(1.06^10)= 13,959.87

Total PV= $46,728.79

7 0
3 years ago
Type the correct answer in the box. Spell all words correctly. What are the handheld devices that serve as personal information
asambeis [7]

Answer: Personal Digital Assistants

Explanation:

Personal Digital Assistants are a range of small handheld mobile devices that used to be very popular with working class people as they provide computing and storage uses which are very important in the business world for purposes such as keeping schedules and address books. They were like mini-computers that had small keyboards and sometimes a sensitive pad that could be written on.

Usually termed the 'first Smartphones', PDAs were immensely popular in the 90s and the early 2000s but have since been largely replaced by Smartphones which can perform all their duties and more.

4 0
3 years ago
_____ refer(s) to fiscal policy that is caused by the deliberate action by policy makers rather than rules. Please choose the co
Inessa05 [86]

Answer: Discretionary fiscal policy

Explanation: Discretionary fiscal policy is a tool of fiscal policy used by the government to expand or shrink the economy as per the need. While performing such policy the government  changes the level of tax collection or the amount of expenditure done on the economy.

It is a deliberate action by the policy makers and do not automatically accelerates while during inflation or deflation.

5 0
3 years ago
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