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3 years ago

Select the correct answer.

Business

1 answer:

Cerrena [4.2K]3 years ago

4 0

Answer:

They ensure that people and businesses can buy what they need.

Explanation:

Borrowing involves requesting and receiving a huge sum of money in a lump sum. Households and firms borrow from lenders to finance business expansion or domestic consumption.

In the economy, borrowing is significant as it facilitates the acquisition of start-up capital, capital goods, and household developments. Without borrowing and lending, these investments and consumption would not be possible as they require large sums of money to initialize. If firms and households depended on savings for capital and consumption expenditure, the rate of economic growth would be very slow. It would take many years to achieve the substantial amount needed for expansion and development projects.

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Which feature of a customs union differentiates it from a free trade area?

andriy [413]

Answer: A customs union requires all members to have a common external trade policy with non-union members.

Explanation: The feature that differentiates a customs union from a free trade area is that a customs union requires all members to have a common external trade policy toward non members. Free trade areas are permitted to negotiate different tariffs with different countries, contrary to the operation of customs unions.

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2 years ago

Hockey Accessories Corporation manufactured 21 comma 100 duffle bags during March. The following fixed overhead data pertain to

Angelina_Jolie [31]

Answer:

Fixed overhead spending variance = 8300 Favourable

Explanation:

given data

Actual fixed overhead = 559300

Budgeted fixed overhead = 567600

solution

we get here Fixed overhead spending variance that is express as

Fixed overhead spending variance = Actual fixed overhead - Budgeted fixed overhead .................1

Fixed overhead spending variance = 559300 - 567600

Fixed overhead spending variance = 8300 Favourable

7 0

3 years ago

On July 1, 1992, York Co. purchased as a held-to-maturity investment $1,000,000 of Park, Inc.'s 8% bonds for $946,000, including

professor190 [17]

Answer:

Park Bonds 1,000,000

Discount on bonds (79,400)

Interest receivable 80,000

Carrying value 1,000,600

Explanation:

Investment on Park Bonds 1,000,000

interest receivable 40,000

cash 946,000

discount on Park bonds 94,000

Carring value at December 31th 1992

946,000 x 10% = 94,600 interest revenue

Cash proceeds 1,000,000 x 0.08 = 80,000 interest receivable

Discount on Bonds 14,600

94,000 - 14,600 = 79,400

94,600 interest revenue

(40,000) accrued interest

54,600 gains for the period

Park Bonds 1,000,000

Discount on bonds (79,400)

Interest receivable 80,000

Carrying value 1,000,600

5 0

3 years ago

How soon following the occurrence of a covered loss must an insured submit written proof of such loss to the insurance company?

dolphi86 [110]

Answer:

The answer is: Within 90 days; about 3 months.

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2 years ago

Employees at House of Pancakes pretend that they like their boss even though most of the time they do not. These employees are e

tia_tia [17]

Although they frequently don't, House of Pancakes employees pretend to like their employer. These workers are performing emotional labor known as surface acting.

When someone engages in surface acting, they don't truly strive to experience the emotions they want to portray; instead, they fake the necessary feelings. They might put on "false smiles" or other necessary emotional displays that don't accurately represent how they really feel.

You are surface acting if you feel one feeling and try to express a different one. Imagine you have a stressful commute and arrive at work. Even though you're still not in a particularly good mood, you might put on a false smile for a coworker as you get your morning brew.

Learn more about Emotional labor here

brainly.com/question/14330116

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1 year ago