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2 years ago

What is an economic indicator and why is it important? Use at least two complete sentences to provide your response.

Business

1 answer:

kvv77 [185]2 years ago

5 0

Answer:

Answer is provided in two separate headings below.

Explanation:

<u>Economic Indicator</u>

They are briefly described as the figures used to understand the current position of the economy. Few examples of such are the Inflation rate, Gross Domestic Product (GDP), and Unemployment ratio compared to the populace.

<u>Reason for Important</u>

They are important because the information provided from them helps in grasping the state of the economy in the upcoming years. This data helps both the local and business individuals to make better decisions for their upcoming financial goals such as regarding the investment of capital, increase or decrease their employment level, buying property, etc.

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Juliette [100K]

Answer:

true

Explanation:

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3 years ago

Read 2 more answers

John hamilton borrowed $500,000 from stone creek bank to open a new restaurant called sauce-it-up. John transferred $450,000 of

xxMikexx [17]

The appropriate reflection of the cash transactions between these reporting entities is as follows:

John Hamilton Sauce-it-up Stone Creek Bank

Cash +$500,000 $450,000 -$500,000

-$450,000

Balance $50,000 $450,000 -$500,000

<h3>What is a reporting entity?</h3>

A reporting entity is an economic unit that publishes general purpose financial reports to enable users make and evaluate their decisions about the allocation of scarce resources.

Thus, John Hamilton's cash holding increased by $50,000 net. The cash holding of Sauce-It-Up increased by $450,000 while the cash holding of Stone Creek Bank decreased by $500,000.

Learn more about cash flows of reporting entities at brainly.com/question/24179665

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2 years ago

The stockholders' equity section of the balance sheet for Potawatomi Corporation appeared as follows before its recent stock div

adell [148]

Answer:

Common stock = $110,000

Additional paid-in capital = $130,000

Retained earnings = $170,000

Explanation:

Computation of the given data are as follows:

Common stock after issuing stock dividend = $100,000 + ( 10,000 ×10% × $10)

= $100,000 + 10,000 = $110,000

Additional paid-in capital after issuing stock dividend = 120,000 + ( 10,000 ×10% × $10)

= 120,000 + 10,000 = $130,000

Retained earnings after issuing stock dividend = 150,000 + ( 10,000 ×10% × $20)

= 150,000 + 20,000 = $170,000

7 0

3 years ago

When a person owes more on an item (like a car or house) than it is worth, the person is said to be _________ on the loan. secur

nikklg [1K]

When a person owes more on an item (like a car or house) than it is worth, the person is said to be <u>upside down</u> on the loan.

<h3><u>Describe an upside-down loan.</u></h3>

You have an upside-down auto loan if you owe more money than the car is truly worth. You may need to make additional payments or modify your insurance coverage in order to prevent being upside-down on your loan or, at the very least, to shorten the amount of time you are in this perilous financial situation.

When you owe more on a car loan than the vehicle is worth, the loan is considered upside-down. If your car is worth $12,000 but your loan total is $15,000, for instance, your loan would be in the negative. You have $3,000 in negative equity in this situation.

It's not always a problem to have an outstanding auto loan. If you don't intend to sell your car, you can make loan payments until the balance is paid off. It won't affect the way you communicate with your lender.

Learn more about upside-down loans with the help of the given link:

brainly.com/question/24173549

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1 year ago

When choosing a type of media to use what should be considered? Why?

marusya05 [52]

Answer:

sanp

Explanation:

because evry one of my frindis use it

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3 years ago