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coldgirl [10]
3 years ago
12

Which of the following is TRUE? *

Business
1 answer:
Katena32 [7]3 years ago
7 0

Answer:

increase income or decrease total expenses

Explanation:

Over budget refers to a situation where the estimated costs exceed the actual resources available or the amount allocated. Over budget is when expenses are more than allocated finances.

There are insufficient funds in an over budget. To address the insufficient funds issue, more resources must be obtained, or the expenses must be reduced.

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The net income reported on the income statement of Whispering Winds Corp. for the current year was $1251000. Depreciation record
Degger [83]

Answer:

$1,454,000

Explanation:

Calculation to determine How much cash was provided by operating activities during the year

Using this formula

Operating activities=Net income+Depreciation+ Increased in Accounts receivable -Increased in inventories + Decreased in Prepaid expenses - Decreased in accounts payable

Let plug in the formula

Operating activities=$1251000 + $236000 -$66000 - $44000 +$6000 - $61000

Operating activities=$1,454,000

Therefore the amount of cash was provided by operating activities during the year is $1,454,000

6 0
3 years ago
Which of the following is NOT a result of a shutdown? Group of answer choices Highly negative consequences for future labor rela
Minchanka [31]

Answer: Highly negative consequences for future labor relations

Explanation:

A Shutdown by a firm becomes necessitated when a firm is unable to cover even it's Variable costs.

At this point it would be more expensive to produce as opposed to not producing at all.

This prompts the Firm to go into a Shutdown mode.

When in this mode, the following happens;

- the company looses revenue from production as they are not in business.

- the Company's market share will most likely take a hit because they won't be producing goods to maintain it

- other companies in the industry will try to fill in the gap left by the company on Shutdown.

As sad as it would be to have labor problems in future labor relations, Economically, it is not the result of a Shutdown.

5 0
3 years ago
Suppose that you have received $300 as a birthday gift. You can spend it today or you can put the money in a bank account for a
Bingel [31]
After one year you will be able to get 305 extra dollars then what you have put in hope this helps you
6 0
3 years ago
The costs in time and other resources that parties incur in the process of facilitating an exchange of goods and services are ca
Nady [450]

Answer:

Transactions costs.

Explanation:

Transactions costs are the cost that a business incurs in the course of making a trade. It is not directly part of the product but is realised during transacting activities.

Examples of transaction cost includes legal fees, charges on communication, cost incurred in finding information on price, and labour that conveys product to the market.

Determining transaction cost is important because if transaction costs are high income will reduce, while low transaction cost result in higher income.

4 0
4 years ago
Industry is the supply side of the market.<br><br> Question 20 options:<br> True<br> False
Arturiano [62]

Answer:

True

Explanation:

The supply side of the market focuses on production. The supply-side policies aim at increasing production as a way of creating demand for products. Improving supply-side will lead to sustained growth without a rise in inflation.

The industry is the heart of the supply-side in the market. Focusing on the supply side involves increasing its competitiveness. Improving the supply side include lowering income tax and reducing the influence of trade unions.

6 0
3 years ago
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