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fenix001 [56]
3 years ago
9

ABC, Inc. a contracting business has purchased a truck costing $50,000 with a depreciable life of 5 years. Using

Business
1 answer:
k0ka [10]3 years ago
8 0

Answer:

it would increase

Explanation:

you pay to pay for gas and oil

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The Pita Pit borrowed $198,000 on November 1, 2021, and signed a six-month note bearing interest at 12%. Principal and interest
pantera1 [17]

Answer:

$3,960

Explanation:

The Borrowed amount is $198,000 on November 1, 2021.

The interest expense  at December 31, 2021 is calculated as shown below:

I=PRT

R=12%=0.12

P=$198,000

T=2 Months=(2/12) year

I=198,000*0.12*(2/12)

I=$3960

The correct option will be "B. $3,960."

5 0
2 years ago
If the demand for steak (a normal good) shifts to the left, the most likely reason is that:______.
S_A_V [24]

If the demand for steak (a normal good) shifts to the left, the most likely reason is that consumer income has fallen.

<h3>What is a normal good?</h3>

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.

The demand curve shows the relationship between price and quantity demanded. A shift to the left of the demand curve indicates that demand has decreased.

To learn more about normal goods, please check: brainly.com/question/2934596

#SPJ1

4 0
1 year ago
A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from th
ozzi

Explanation:

The free enterprise system is one influenced by the market, which will determine all economic variables, such as price, products and services, and is a system independent of government control to function.

Therefore, it is correct to state that in a free enterprise system, the offer and demand of the consumer for a product or service that will be the determinant of the success or failure of an organization.

As an example of an entrepreneur, we can mention Steve Jobs, who created one of the largest technology companies in the world, Apple. The free enterprise system was one of the reasons for Apple to succeed in becoming one of the most valued companies in the world, due to the fact that it brought innovative products to the market that became examples of products of value to consumers, which made company to grow and become so successful in the market. If the company operated in a government-controlled market, it would probably have to follow specific rules and restrictions for the production of its products that could limit the company, and its performance could be restricted and not as innovative as the company in the market, which is one of the reasons why it achieved success.

5 0
3 years ago
The heart of the internal records system is the ________ because customers favor firms that can promise timely delivery. A. sale
Brut [27]

Answer:

C. order-to-payment cycle

Explanation:

Order to cash, also known as the or the quote-to-cash cycle, refers to the process of receiving and completing a sale  the beginning with the placement of the order and ending with the payment.

I hope you find this information useful and interetsing! Good luck!

3 0
3 years ago
"What advice would you give in this ethical dilemma? Brittani is serving as interim editor of the company newsletter. She receiv
scoray [572]
<span>Brittani is in an ethical dilemma because she does not want to disrespect the president written article but she must provide him with accurate feedback for the company. Brittani must approach the situation with respect and facts. The best way for Brittani to do this is to call the president and ask for a face to face meeting and to gently point out not only the flaws in the article but also the strong points.</span>
6 0
3 years ago
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