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The phase of the business cycle that includes a period of decline in GDP and

Anarel [89]

Answer:

Contraction:

Explanation:

The contraction period is the time between the peak (highest growth rate) and the trough ( the lowest growth rate). At contraction, the GDP value declines from its peak to the lowest or negative growth rate. Contraction means a shrink in economic activities.

During contraction, the unemployment rate rising as employers lay-off workers due to reduced demand. Incomes and profits decline, and the GDP value decreases to low or negative values. The contraction period starts with a recession, which is a decline in GDP value for two consecutive quarters.

4 0

3 years ago

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For the year, Wilson Manufacturing, Inc. increased its current assets by $62,000, decreased its current liabilities by $55,000,

Oksana_A [137]

Answer:

investment cash flow is $19,000

Explanation:

given data

current assets = $62,000

current liabilities = $55,000

fixed assets = $19,000

to find out

investment cash flow for the year

solution

as we know that cash flows increase or decrease as the result of change in the fixed assets is consider to be cash flows by investment activities

and Changes in working capital cash flow is operating cash flows not investment cash flows

so we can say that

investment cash flow is $19,000

8 0

2 years ago

J. Morgan and M. Halsted are partners who share income and loss in a 3:1 ratio. After several unprofitable periods, the two part

Elina [12.6K]

Answer:

cash 110,000 debit

land 100,000 credit

gain at disposal 10,000 credit

--to reocrd teh sale of land--

accounts payable 80,000 debit

cash 80,000 credit

--to record the payment of liabilities--

gain at disposal 10,000 debit

Morgan 7,500 credit

Halsted 2,500 credit

--to distribute the gain from sale--

Morgan 22,500

Haslted 7,500

Cash 30,000

--to liquidate the partnership--

Explanation:

ratio 3:1 (3+1=4)

Morgan 15000 share of 3/4 = 75%

Halsted 5000 share of 1/4 = 25%

there is gain of 10,000 in the sale distribute as follow

Morgan 10,000 x 75% = 7,500

Halsted 10,000 x 75% = 2,500

Now we close the account against cash

8 0

3 years ago

Estion 1/5

tigry1 [53]

Answer:

Prepare a detailed business for financial viability study

5 0

2 years ago

Jane reported to her company about a growing mold issue in the building where she works. As a result, Jane was suspended from wo

goldfiish [28.3K]

Answer: c. Occupational Safety and Health Administration

Explanation:

Jane can go to the Occupational Safety and Health Administration (OSHA) to report the retaliation because through OSHA, the Federal Government offers protection to employees who are retaliated against for reporting unsafe working conditions.

Indeed Section 11(c) of the <em>Occupational Safety and Health (OSH) Act</em> deals specifically with that by prohibiting any retaliation against employees who report or complain about conditions at work that could be unsafe or unhealthy.

4 0

3 years ago