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3 years ago

A period of economic growth that follows the lowest point in a business cycle

Business

1 answer:

BabaBlast [244]3 years ago

5 0

Answer:

D. expansion

Explanation:

A business cycle is made up of six stages including: expansion, peak, recession, depression, trough, and recovery.

The trough is the lowest stage of the business cycle.

It is followed by recovery where the economy starts to turn around.

However the stage of economic growth after a trough is the expansion stage, where real gross domestic product (GDP) grows for more than 2 quarters.

This stage is characterised by rise in consumer confidence, employment, and the equity market.

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Jake's parents were able to save $60,000 for his college tuition by the time jake graduated from high school. jake is trying to

Paul [167]

Answer:

$16,773.36

Explanation:

this is an annuity due since Jake will need to withdraw money at the beginning of the year, not the end of the year:

principal = $60,000

n = 4 distributions

interest rate = 8%

annual withdrawal = principal / annuity due factor (PV, 8%, 4 periods)

annual withdrawal = $60,000 / 3.5771 = $16,773.36

5 0

4 years ago

Trinity College sold season tickets for the 2019 football season for $400,000. A total of 8 games will be played during Septembe

Softa [21]

Answer:

Trinity College sold 8 Games of ticket in $400,000

Till October 31 the game sorted out = 5 for example (2+3)

Measure of unmerited income on October 31

Unearned ticket revenue = (Amount received in advance × remaining month) / total month

Unearned ticket revenue = ($400,000 × 3) / 8

Unearned ticket revenue = $150,000

Adjusting Journal entry on October 31:

Debit: Unearned revenue = $250,000

Credit: Revenue = $250,000

(To record transfer of unearned revenue, to revenue account)

3 0

3 years ago

Read 2 more answers

_______________ involves you imagining yourself achieving your final goal.

otez555 [7]

I’d say Outcome visualization since it involves seeing yourself achieving your goal.

3 0

2 years ago

Read 2 more answers

the marginal benefit of an additional beach towel is $12 the marginal cost of producing an additional beach towel is $8 as produ

Alex17521 [72]

Answer:

The correct answer is D. beach towel production is both allocatively and productively efficient.

Explanation:

Productive efficiency (also known as technical efficiency) occurs when the economy is using all its resources efficiently, producing maximum production with minimum resources. The concept is illustrated in the Production Opportunities Frontier (FPP) in which all points of the curve are the points of maximum productive efficiency (that is, no more products can be achieved from the present resources).

3 0

4 years ago

"You never get a second chance to make a good first impression," captures the importance of the __________ step in the selling p

grigory [225]

Please see the complete question below.

"You never get a second chance to make a good first impression," captures the importance of the __________ step in the selling process.

(A) approach

(B) qualifying

(D) introduction

Answer:

The answer is approach (Option A)

Explanation:

The approach step is a vital step in the selling process in which a salesperson makes a call to, or visit a prospective customer for the first time. In other words, it is the step in which the sales person establishes a rapport with the prospective customer.

Thus, it is important that the salesperson makes a good first impression by presenting himself/herself in a professional manner, exhibit credibility as well as all other qualities need to start a good relationship with the prospective customer because first impression lasts long.

6 0

3 years ago