Answer:
A. Discretionary spending by domestic consumers increased during this time
Explanation:
Standard of living measures the level of wealth, well being and comfort of people in an economy.
The discretionary spending of consumers in country X increased - this indicates that disposable income increased and wealth must have increased too. Also the level of comfort would increase if discretionary spending increased.
Answer:
since there is not enough room here, I prepared a balance sheet category on an excel spreadsheet
Explanation:
Dr Wages payable 2,750
Cr Cash 2,750
Dr Real estate taxes expense 7,350
Cr Real estate tax payable 7,350
Dr Interest expense 5,437.50
Cr Interest payable 5,437.50
Dr Bond premium 145
Cr Interest expense 145
Dr Warranty expense
Cr Warranty liability
Dr Income tax expense 191,400
Dr Income tax expense (deferred) 70,470
Cr Income tax payable 191,400
Cr Deferred tax liability 70,470
Adverse selection is a problem associated with equity and debt contracts arising from. (a) the lender's relative lack of information about the borrower's potential returns and risks of his investment activities
<h2>A business action that has been widely adopted within an industry or occupation is known as
Standard Business practice</h2>
Explanation:
Standard business practice tells you how to operate and manage your business.
The operation includes:
Goals, objectives: Mentioning about the goal and objective of the organization and creating process to achieve those.
Sales: Sales are the most important aspect which brings revenue to any kind of industry starting from education industry to MNC industry. Sales can bring business and one of the crucial department for success of the organization.
Back office work: Which needs to work at the background to monitor, to track, develop the operations or process
