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melamori03 [73]
3 years ago
5

Blake Williams has done some research and has discovered that economists believe interest rates will rise significantly over the

next two years. Blake believes that this will lead to fewer homes being sold and fewer jobs in the banking and mortgage industries. What type of influence is this an example of?
A. (incorrect answer_ B. Economic conditions C. Industry trends D. Geographic trends
Business
2 answers:
tresset_1 [31]3 years ago
5 0
B. Economic conditions

They are the conditions of our economy at a certain point in time. The conditions change based on how well a region is doing and can be predicted. Some things that can influence economy conditions are GDP, unemployment rates, inflations/deficits, and so forth. 
Annette [7]3 years ago
5 0

Answer:

B. Economic conditions

Explanation:

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What is potentially problematic about using religious symbols in<br> advertisements?
Sever21 [200]

Answer:

They might offend the intended audience.

Explanation:

If you have a certain religion and one company advertises one of those religions that is not yours customers may take offense to it and you will have less customers therefore less profit.

8 0
2 years ago
Read 2 more answers
Scenario
aalyn [17]

Answer:

GBI

a. Journal Entries

Feb. 2

Debit Supplies Expense $800

Credit Payables-Misc. account $800

To record the purchase of supplies on account.

Feb. 4

Debit Accounts Payable $800

Credit CAsh $800

To record the payment on account.

b. The resulting document numbers are:

FI document number 1: __________ 100001

FI document number 2: __________ 100002

Explanation:

The journal entries are made to initially record the transactions in the books of GBI.  Journal entries identify the accounts involved in every transaction.  They add some brief narrations of the transaction.

4 0
3 years ago
Presented below are two independent situations.Gambino Cosmetics acquired 10% of the 200,000 shares of common stock of Nevins Fa
VLD [36.1K]

Answer:

See the explanation below

Explanation:

(a) Gambino Cosmetics

Since Gambino Cosmetics just 15% which is less than 20% of Nevins Fashion, the cost method for accounting for investments is the relevant method that is used as follows:

Stock investment = 10% * 200,000 * $13 = $260,000

Dividend income = 10% * $60,000 = $6,000

Available-for-sale (AFS) reserve = 10% * $122,000 = $12,000

<u> Date                       Details                              Dr ($)               Cr ($)          </u>

08 Mar. ‘15           Stock investments           260,000

                             Cash                                                      260,000

<em><u>                              To record investment in Nevins Fashion                      </u></em>

30 Jun. ‘15           Cash                                      6,000

                            Dividend income                                         6,000

<em><u>                             To record dividend income from investment in Nevins Fashion </u></em>

31 Dec. ’15           Stock investments              12,000

                            AFS Reserve                                               12,000

 <u><em>                           To record share of income in Nevins Fashion              </em></u>

(b) Kanza, Inc.,

Since Kanza, Inc. acquired 40% in Rogan Corporation which is greater than 20%, the equity method for accounting for investments is the relevant method that is used as follows:

Stock investment = 40% * 30,000 * $9 = $108,000

Dividend income = 40% * $30,000 = $12,000

Investment revenue = 40% * $80,000 = $32,000

<u>Date                       Details                         Dr ($)                      Cr ($)         </u>

01 Jan. ‘15           Stock investments        108,000

                            Cash                                                           108,000

<em><u>                             To record investment in Rogan Corporation                   </u></em>

15 Jun. ‘15           Cash                                12,000

                           Stock investment                                         12,000

                           <em><u>To record dividend received from investment in Rogan Corporation </u></em>

31 Dec. ’15           Stock investments          32,000

                            Investment revenue                                  32,000

<em><u>                            To record share of income in Rogan Corporation           </u></em>

8 0
2 years ago
Is a bicycling business socially efficient?
hammer [34]

Answer:

yessir

Explanation:

you talk to people about what bike they want and stuff, im smart

4 0
3 years ago
Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico
MakcuM [25]

Answer:

A)VCPU = VC / UNITS

$8,190,000 / 450,000

=$18.20

B)CONTRIBUTION MARGIN PER UNIT =$ 3,510,000 / 450,000

=$7.80

C)CONTRIBUTION MARGIN RATIO = CONTRIBUTION / SALES

=>30%

D)SALES PRICE = $26

BEP IN UNITS = FC / CONTRIBUTION PER UNIT

= $2254200 / $7.8

=289,000 UNITS

BEP IN $ = FC / PV RATIO

=$2254200 / 30%

= $7,514,000

2 A) SALES REQUIRED = (FC + DESIRED PROFIT ) / PV RATIO

= $(2254200 + 296,400) / 30%

=$8,502,000 / 26

=$327,000units

Explanation:

8 0
2 years ago
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