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GaryK [48]
3 years ago
14

The adjusted trial balance of Bramble Corp. at December 31, 2019, includes the following accounts:

Business
1 answer:
natulia [17]3 years ago
4 0

Answer:

$11,400

Explanation:

                       Income Statement

         For the year ended December 31, 2019

Particulars                                                Amount

<u>Revenues</u>

Service revenue                                       $37,900

<u>Expense</u>

Salaries & wages expense       $16,000

Insurance expense                   $2,900

Rent expense                            $3,400  

Supplies expense                     $2,500

Depreciation expense              <u>$1,700</u>

Total expenses                                         <u>$26,500</u>

Net income (loss)                                     <u>$11,400</u>

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3 years ago
The price of good B has a pattern such that P = $20 on Monday through Thursday of every week, and P = $25 on Fridays. If specula
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Answer:

The correct answer is D. increase; decrease.

Explanation:

Speculation consists of the purchase (or sale) of goods with a view to their subsequent resale (repurchase), when the reason for such action is the expectation of a change in the prices affected with respect to the dominant price and not the gain derived from its use, or of some kind of transformation carried out on these or of the transfer between different markets.

A speculative operation seeks not to enjoy the good or service involved, but to obtain a benefit from the price fluctuation based on the theory of arbitration. In an extensive sense, every form of investment that a medium entails is speculative; However, the term is usually applied to that investment that does not entail any kind of commitment to the management of the assets in which it is invested, and is limited to the movement of capital (financial market), usually in the short or medium term.

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3 0
2 years ago
Your investment banker has presented you with the following list of business characteristics of a small company your company is
wariber [46]

Answer:

A

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The list contains more weaknesses than strengths

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Management turnover; if you keep changing management it will affect the company as skilled workers will be leaving

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6 0
3 years ago
Which of the following statements is correct regarding a cover letter?
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5 0
2 years ago
M1 money growth in the u.s. was about 16% in 2008, 7% in 2009, and 9% in 2010. over the same time period, the yield on 3-month t
posledela
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Liquidity effect indicates that this growth in money should shift money supply to the right, which should decrease the interest rate.
Income effect indicates that the growth in money should increase income levels, which should increase the demand for money and shift the demand curve to the right. This should increase the interest rate.
The price level effect indicates that the growth in money should increase price levels, which should increase the demand for money and shift the demand curve to the right. This should also increase the interest rate.
During this time period, unemployment was high, economic growth was weak and policymakers were more concerned with deflation than they were with inflation.
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<span>This is illustrated with the first graph on slide 32 of the Theory of Money Powerpoints.</span>
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