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loris [4]
2 years 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]2 years 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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Husker Corporation reports current E&P of negative $200,000 in 20X3 and accumulated E&P at the beginning of the year of
liubo4ka [24]

Answer:

Given that,

Current E&P = (-$200,000)

Accumulated E&P at the beginning of the year = $300,000

Distributed to his sole shareholders = $200,000

shareholder's tax basis = $50,000

As the ending accumulated E&P = $300,000 - $200,000                

                                                      = $100,000

So, $100,000 would be treated as Dividend.

$50,000 would be treated as Tax free return of basis  and the Balance $50,000 would be the capital gain for shareholder of Husker.

3 0
3 years ago
The most recent income statement for the Chicago Branch of Illinois State Bank is presented below: Sales $65,000 Variable costs
olya-2409 [2.1K]

Answer:

Operating income will be decreased by $19,000

Explanation:

Prior to elimination of Chicago branch Loss = $3,000

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4 0
3 years ago
Which stage of group development involves members introducing themselves to each other?
Rudik [331]

Answer:

It is the first stage

6 0
3 years ago
Tim Tupper's term paper-typing business is a perfectly competitive firm in long-run equilibrium. Which of the following does not
Ronch [10]

Answer:

a.

Explanation:

According to my research on different industry business plans, I can say that based on the information provided within the question the answer that does not describes the firm's situation would be that entrepreneurs outside the industry will be eager to enter. This is because it doesn't have anything to do with the business' situation and does not make sense since entrepreneurs that are not even part of this industry would be looking to form their own businesses.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago
Please help economics
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I’m pretty sure the answer to your question is a
4 0
2 years ago
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