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3 years ago

What are managers forced

Business

1 answer:

shepuryov [24]3 years ago

7 0

A recession occurs when there are two or more consecutive quarters of negative economic growth, meaning GDP growth contracts during a recession. As companies struggle with less cash and revenue, they first try to reduce their costs by lowering wages or ceasing to hire new workers, which can stop employment growth

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Lido Pizza purchased a new oven that cost $15,000 cash on January 2, 2016. The oven has an expected useful life of five years an

Reptile [31]

Answer:

$4,800

Explanation:

The computation of the accumulated depreciation would Lidos report on the 2017 balance sheet is shown below:

= (Purchase value of new oven- estimated salvage value ) ÷ (expected useful life)

= ($15,000 - $3,000) ÷ (5 years)

= ($12,000) ÷ (5 years)

= $2,400

Now for 2017, the accumulated depreciation is

= Depreciation expense × number of years

= $2,400 × 2 years

= $4,800

4 0

3 years ago

Shirley qualifies for a $12,000 auto loan and chooses a 36-month loan term versus a 60-month loan term. How will the shorter ter

Lyrx [107]

The right answer for the question that is being asked and shown above is that: "B. Shirley's car will appreciate in value." Shirley qualifies for a $12,000 auto loan and chooses a 36-month loan term versus a 60-month loan term. The shorter term of the loan affect Shirley is that her car will appreciate in value.

6 0

3 years ago

Read 2 more answers

Nstruction usually in manual or skilled trades to prepare a student for gainful employment is called _______________ training.

Free_Kalibri [48]

Instruction usually in manual or skilled trades to prepare a student for gainful employment is called vocational training.

Vocational training refers to instructional programs or courses that focus on the talents required for a selected process feature or exchange. In vocational training, education prepares college students for particular careers, disregarding traditional, unrelated instructional subjects.

Vocational training refers to training and talent-based totally training programs that prepare human beings for a particular task, trade, or craft. Trades and crafts talk over with jobs that can be manual in nature and are considered non-instructional.

Vocational training is training that prepares human beings to work as a technician or to take in employment in a professional craft or exchange as a tradesperson or artisan.

Learn more about Vocational training here brainly.com/question/467359

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6 0

2 years ago

Dolanski Company declares and distributes a 40% common stock dividend when it has 50,000 shares of $10 par common stock outsta

KiRa [710]

Answer:

B) debit Retained Earnings $ 200,000 and credit Common Stock $ 200,000

Explanation:

The dividends will increase the common stock account and decrease retained earnings. Dividends are always paid with retained earnings.

Since this is a large stock dividend (40% of new stocks are going to be issued), the transaction must be recorded at par value.

The total dividends declared = 50,000 shares x $10 x 40% = $200,000

The journal entry should be:

Dr Retained earnings 200,000

Cr Common stock 200,000

8 0

4 years ago

Consider the following accounting terms and definitions and match each term to the definition: Accounting a. an economic resourc

spayn [35]

<h2>Answer: </h2>

Accounting:

The basic tool of accounting, stated as asset=liabilities + equity (e)

Asset:

An economic resource that is expected to be of benefit in the future (a)

Balance sheet:

Reports on an entity’s assets, liabilities, and stockholders’ equity as of a specific date (I)

Expense:

Decreases in equity that occur in the course of selling goods/services (f)

Income statement:

Reports on an entity’s revenues, expenses, and net income or loss for the period (j)

Liability:

Debts that are owed to creditors (b)

Net income:

Excess of total revenues over total expense (d)

Net loss:

Excess of total expense over total revenues (c)

Revenue:

Increase in equity that occur in the course of selling goods/services (g)

Statement of cash flow:

Reports on a business’s cash receipts and cash payments during a period (h)

Statement of retrained earning:

Reports how the company’s retained earnings balance changes from the beginning to the end of the period (k)

8 0

3 years ago

Read 2 more answers