Answer:
These stores sell inferior goods and services.
Explanation:
An inferior good or service is a good or service whose demand decreases as the income of their consumers increases, i.e. if the consumers are earning more money, they will consume less of them.
On the other hand, when their consumers' income decreases, their demand increases.
Both McDonald's and Dollar General are business that sell cheap goods and services, so when the financial crisis decrease American households' incomes, they more people purchased their goods and services.
Answer:
$3,300,000
Explanation:
Calculation for the amount that Irkalla should report as current liabilities at December 31, year 8
CURRENT LIABILITIES will include the addition of the following:
Trade accounts payable of $200,000
Short-term borrowings of $100,000
Current portion of the long-term loan $100,000
Short-term loan of $1,000,000
TOTAL $1,400,000
ADD Bank loan $2,000,000
CURRENT LIABILITIES $3,300,000
Therefore the amount that Irkalla should report as current liabilities at December 31, year 8 will be $3,300,000
The formula for calculating the debt-to-equity ratio is to take a company's total liabilities and divide them by its total shareholders' equity. A good debt-to-equity ratio is generally below 2.0 for most companies and industries.
<h3>What type of ratio is debt-to-equity?</h3><h3>leverage</h3>
The debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
<h3>What does a debt-to-equity ratio of 2 mean? </h3>
A debt-to-equity ratio of 2 means a company relies twice as much on debt to drive growth than it does on equity, and that creditors, therefore, own two-thirds of the company's assets.
Learn more about debt-to-equity here:
<h3>
brainly.com/question/11556132</h3><h3 /><h3>#SPJ4</h3>
Answer:
Success cannot be determined by one single level, characteristic or mental attribute. If it were that simple, then everyone could be successful and there could be no use for the piece or thought mapping. Alternatively, success is quite a finely mixed mix of qualities, characteristics, and traits that if balanced in the right combinations can help you achieve the pinnacles of accomplishment.
Charisma is one of the most important traits of a successful individual. the one quality all successful people have is charisma. In order to aspire to such heights, it’s crucial to see why charisma is indeed essential for success. Charisma is not something you can learn somebody and not something someone will only get along this way.
Successful people are attentive. They pay attention to those things that many others are not focusing on. Imagine Warren Buffet buying a particular stock when every other person is selling. To be successful, you have to focus on the details with a keen eye. Stare at those opportunities that every other person is ignoring. The noun here is used in a positive context because it takes fierce passion to succeed. You must want it more than others do.
Another quality successful people have in common is their incredible willpower. It’s a quality that enabled them to successfully reach their goals. These highly successful individual recognize that success comes in all shapes and sizes.
The quality that runs consistent is that every successful person got where they are, by starting where they were. They played the hand that was dealt to them.
Answer:
C. $11,498.73.
Explanation:
Solving this question, we will have to make use of this formula:
The Adjusted Bank Balance = Unadjusted Balance as per Bank Statement as at Oct 31, 2015 - Checks Outstanding
= $12,956.73 - $2,112.19 = $10,844.54
Now,
Before the adjustment on the 31st of October, 2015,
The Cash account Balance = Adjusted Bank Balance + insufficient funds checks
= $10,844.54 - $654.19 = $11,498.73
Hence third option in the question is the correct answer.
