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3 years ago

Which example defines an economic activity?

Business

1 answer:

babunello [35]3 years ago

8 0

<h2>Goods & services is an example of "economic activity".</h2>

Explanation:

Economic activity is basically an action pertaining to production, distribution and consumption of goods.

Any activity which involves money for which we get products are called "economic activity".

Exchange of Product / services which involves money can be considered as economic activities.

Out of box information:

In the ancient days, people get product for another product and this was going on when the currency was not invented.

The word economy was coined by "Aristotle".

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Trimble Graphic Design receives $1,800 from a client billed in a previous month for services provided. Which of the following ge

wel

Answer:

Explanation:

The journal entry is presented below:

Cash A/c Dr $1,800

To Accounts receivable A/c $1,800

(Being the cash is received)

Since the cash is received so we debited the cash account and there is a decrease in account receivable so this account should be credited. Both the accounts are recorded at $1,800 each.

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3 years ago

"what has worked for you before?" identify the stage from the five-stage counseling model where an interviewer would most likel

taurus [48]

The Restory stage.

The 5 stages of the well-formed counseling session are:

1. Empathic relationship

2. Story and strengths

3. Goals

4. Restore - This question would fall under this stage because it's a recap of what worked well and what didn't work to figure out what are the next steps to take.

5. Action

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4 years ago

A Lexus automobile priced in Japan for export at 3000000 at a time when the exchange rate is 100 now costs $30000 in the United

Bumek [7]

Answer:

what will be the new price in the United States

c $33750

Explanation:

Initial Price:

$3,000,000 PRICE

100 USD Exchange

$30,000 PRICE USD

Updated Price:

$3,000,000 PRICE

80 USD Exchange

$37,500 PRICE USD

As the pass through indicates that the exchange rate impact only a 50%, then the final price of the car it's defined as:

$7,500 Exchange Impact

0.50 Pass through

$3,750 Final Exchange Impact

Initial Price : $30,000

Final Exchange Impact: $3,750

Final Price: $30,000 + $3,750 = $33,750

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3 years ago

This year Erie achieved an ROE of 23.9%. Suppose the Board of Directors of Erie mandates that management take measures to increa

allochka39001 [22]

Answer:

c. Erie s ROE will remain the same

Explanation:

As the return on asset is calcualte using the asset figure it will not change with a financial leverage measurement.

As the financial leverage acts in the composition of other side of the accounting (assets = liabilitis + equity) it will change the return on equity, the debt ratio and other metric related to this side but, not the return on assets.

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4 years ago

Packaging Products, Inc., sends its standard purchase-order form to Quality Box Company to evidence a sale of packaging material

natima [27]

Answer:

Option D. Any of the above.

Explanation:

The reason is that the contract is not formed until the both parties don't agree on the terms and conditions of the contract which includes:

New terms and conditions because as we know the business environment is consistently changing like inflation changes, etc (Option A).
The acceptance is always required for the contract formation (Option B).
Additional clauses of the contract are new clauses and acceptance is required for these to form a contract (Option C).

So all of the options can alter the contract existence. So the right answer is option D.

4 0

3 years ago

Read 2 more answers