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loris [4]
1 year ago
11

The purchase of new car is included in: investment expenditure consumption expenditure on services consumption expenditure on no

ndurable goods consumption expenditures on durable goods
Business
1 answer:
dimaraw [331]1 year ago
3 0

Answer:

Consumption expenditure on durable goods

Explanation:

Consumption expenditure includes expenditure on goods which are used for final consumption by households. This can be further classified into,

i) Expenditure on durable goods that is goods that can be used over a longer life span such as cars, furniture, refrigerator, etc

ii) Expenditure on non-durable goods that are goods that have a short-life span and thus must be stored for a longer time such as food, clothing, etc

iii) Expenditure on services  such as banking, insurance, traveling, etc

Thus, purchase of a new car is included in consumption expenditure on durable goods.  

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If a company is considering the purchase of a parcel of land that was acquired by the seller for $90,000 is offered for sale at
Lelechka [254]

Answer:

$147,000

Explanation:

According to the historical cost principle, the assets of the company should be recorded at the purchase price or acquisition price in the financial statements

Since in the given situations many values are given with respect to the acquisition done by the seller, for tax turquoises, etc

But it is recorded at the purchase price i.e $147,000

8 0
2 years ago
Which of the following careers is most likely to require business skills? a)Systems Analyst b)Hardware Engineer c)Software Engin
Olin [163]

Answer:

D. Database Administrator

5 0
2 years ago
Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 220.00; Variable expense
dalvyx [7]

Answer:

The answer is d. 3911

Explanation:

First, we obtain the contribution margin, wih the formula Selling price per unit minus variable expense per unit. So, the contribution margin per unit is 220 - 97.5 = 122.5.

Next, knowing how much each unit contributes to cover the fixed costs, we can calculate how many units do we need to pay the fixed expenses. This is called "break even point" or BEP. The formula is Fixed Expenses / Contribution margin per unit. So, the BEP is 448,090 / 122.5 = 3,657.88.

With those two things, the final task is to calculate how many units we need, covered the fixed expenses, to achieve the company target profit. The formula is Target profit / Contribution margin per unit. So, the number of units is 31,000 / 122.5 = 253.06.

Finally, we add these two number, to obtain the total units needed to cover the fixed costs and achieve the target profit: 3,657.88 + 253.06 = 3,910.64 = 3,911

7 0
2 years ago
A retired customer has an existing stock portfolio held in a cash account. He has heard that "leveraging" his portfolio can incr
lozanna [386]

Answer: C. This is not an appropriate strategy because the customer's income will decline

Explanation:

A. The options for the question are:

This is an appropriate strategy that will increase the customer's income

B. This is not an appropriate strategy because the customer's tax liability will increase if the securities appreciate and are sold

C. This is not an appropriate strategy because the customer's income will decline

D. This is an appropriate strategy because the customer has the potential for larger capital gains

From the information that have been provided in the question, we can see that the customer needs income but based on the information that have been provided in the question, the interest that will be charged will eat up the dividend paid by the the stock.

Therefore, this is not an appropriate strategy because the customer's income will decline.

3 0
2 years ago
Rx Corp. stock was $60.00 per share at the end of last year. Since then, it paid a $1.00 per share dividend last year. The stock
Aleksandr-060686 [28]

Answer:

Percentage Return  = 5.83%

Explanation:

Given data:

per share cost =$60.00

dividend $1.00 per share

stock price $62.50

total number of share  = 400

WE know that return is given as

Return = (Ending Value - ( Beginning Value + Income)

where,

Ending value = stock price* number of shares

Beginning value  = per share cost * number of shares

income =  dividend* number of shares,

so we have return value

           = ($62.50 x 400) - ($60.00 x 400 + $1.00 x 400) = $1400

Percentage\ Return = \frac{1400}{60 x 400}

Percentage Return  = .0583

Percentage Return  = 5.83%

3 0
2 years ago
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