1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aliina [53]
3 years ago
13

The steady growth line best supports which conclusion about the economy

Business
1 answer:
Nadusha1986 [10]3 years ago
5 0

Answer:

A.The economy as a whole continues to grow between each business cycle.

Explanation:

The steady growth line best supports the conclusion about the economy

represented in the graph is that "The economy as a whole continues to grow between each business cycle."

The above statement is true because the production output of the firm continues to rise with time. As time goes on in the business cycle of the firm, the firm continues to grow, which is evident in the increase in the level of production.

You might be interested in
Jonathon works for a U.S. company that doesn't produce goods domestically, but instead buys them from other countries and resell
TiliK225 [7]

Answer:

A:countertrade.

brainlist answer

8 0
3 years ago
Suppose you buy a home and borrow $176,000 using a 30 year mortgage with an annual interest rate of 3.20% (compounded monthly).
kipiarov [429]

Answer:

Explanation:

Rate of interest =  3.2 / 12 = .266667

No of terms = 12 x 30 = 360

amount = 176000

PMT = $ 761.14

Now the instalment is increased by 10% so

the instalment becomes = 761.14 + 76.11

= #837.25

No of years required from table

= 25.74 years.

5 0
3 years ago
Which of the following is a true statement?
MissTica

Answer: a) To estimate the before-tax cost of debt, we need to solve for YTM on the firm's existing debt.

<h2 />

Explanation:

6 0
3 years ago
On December 31, 2019, the ledger of Lopez Company contained the following account balances: Cash $ 66,000 Maria Lopez, Drawing $
vlada-n [284]

Answer:

1. Dec 31, 2019

Dr Fees Income $107,500

Cr Income Summary $107,500

2. Dec 31, 2019

Dr Income summary 60,000

Cr Salaries expense 34,000

Cr Supplies expense 6,000

Cr Utilities expense 9,300

Cr Telephone expense 5200

Cr Depreciation expense 5500

3. Dec 31, 2019

Dr Income summary 47,500

Cr Retained earnings 47,500

4. Dec 31, 2019

Dr Maria lopez, capital 52,000

Cr Maria lopez, drawing 52,000

Explanation:

Preparation of the closing entries for the above transactions

1. Dec 31, 2019

Dr Fees Income $107,500

Cr Income Summary $107,500

(To close revenue account)

2. Dec 31, 2019

Dr Income summary 60,000

(5500+5200+9300+6000+34000)

Cr Salaries expense 34,000

Cr Supplies expense 6,000

Cr Utilities expense 9,300

Cr Telephone expense 5200

Cr Depreciation expense 5500

(To close expenses account)

3. Dec 31, 2019

Dr Income summary 47,500

($107,500-60,000)

Cr Retained earnings 47,500

(To close income summary account)

4. Dec 31, 2019

Dr Maria lopez, capital 52,000

Cr Maria lopez, drawing 52,000

(To close drawings account)

6 0
3 years ago
Entries for Costs in a Job Order Cost System Royal Technology Company uses a job order cost system. The following data summarize
Nutka1998 [239]

Question Completion:

Journalize the entries to record the summarized operations.

Answer:

Royal Technology Company

Journal Entries:

Debit Materials $496,110

Credit Accounts Payable $496,110

To record the purchase of materials on account.

Debit Work in Process $362,560

Debit Factory Overhead $54,170

Credit Materials $416,730

To record materials requisitioned for production and general factory use.

Debit Work in Process $413,900

Debit Factory Overhead $97,090

Credit Factory labor $510,990

To record factory labor used in production.

Debit Factory Overhead $119,070

Debit Selling Expenses $183,560

Debit Administrative Expenses $109,140

Credit Accounts Payable $411,770

To record costs incurred on account.

Debit Factory Overhead $22,820

Debit Selling Expenses $19,350

Debit Administrative Expense $13,890

Credit Prepaid Expenses $56,060

To record expired prepaid expenses.

Debit Factory Overhead $22,820

Debit Depreciation Expense - Office Equipment $33,740

Debit Depreciation Expense - Office Building $66,480

Credit Depreciation Expenses $123,040

To allocate depreciation expenses.

Debit Work in Process $282,780

Credit Factory Overhead $282,780

To record overhead costs applied to jobs.

Debit Finished Goods Inventory $654,870

Credit Work in Process $654,870

To transfer completed jobs to the finished goods inventory.

Debit Cost of Goods Sold $635,020

Credit Finished Goods Inventory $635,020

To record the cost of goods sold.

Explanation:

Journal entries are made when a transaction is initially recorded.  They show the accounts to be debited and the ones to be credited.

4 0
3 years ago
Other questions:
  • When planning for college, you should consider: A. Visiting colleges during your junior year. B. Speaking with your school's col
    15·1 answer
  • Arreaga Corp. has a tax rate of 40 percent and income before non-operating items of $928,000. It also has the following items (g
    5·1 answer
  • Last year, Nicole had to invest. She invested some of it in an account that paid simple interest per year, and she invested the
    6·1 answer
  • Standlar Company makes wireless speakers. The standard model price is $360 and variable expenses are $210. The deluxe model pric
    7·1 answer
  • A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i
    5·1 answer
  • The HR department of Vierra Publishing Corporation has developed a sponsorship scheme to support students facing financial diffi
    11·1 answer
  • Which mode of transportation typically has the highest value-to-weight ratio? (Food for thought as you answer this question: Thi
    6·1 answer
  • To produce x units of a religious medal costs Upper C (x )equals 17 x plus 32. The revenue is Upper R (x )equals 25 x. Both cost
    13·1 answer
  • Help plz <br>What is persuassive writing?<br>​
    15·1 answer
  • If, in a specific year, exports are $40 billion, business expenditures are $60 billion, the government collects $50 billion in t
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!