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musickatia [10]
3 years ago
14

Beth and Bob Martin have total take-home pay of $4,600 a month. Their monthly expenses total $3,450. Calculate the minimum amoun

t this couple needs to establish an emergency fund.
Business
1 answer:
blsea [12.9K]3 years ago
6 0

Answer:$10,350

Explanation:

3,450* 3 (month minimum) = 10,350

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Treasury stock should be reported in the financial statements of a corporation as a(n)a. investment.b. liability.c. deduction fr
Taya2010 [7]

Answer:

D

Explanation:

Treasury stocks are shares reacquired by the corporation.

It is a <em>contra account</em> for stockholder's equity, which shows a <em>debit</em> balance in the general ledger.

Treasury stock is the difference between the number of shares <em>issued</em> and number of shares <em>outstanding</em>.

8 0
4 years ago
Read 2 more answers
In 2016, Akin Company sold 3,000 units at $750.00 each. Variable expenses were $375.00 per unit, and fixed expenses were $130,00
mamaluj [8]

Answer:

338

Explanation:

Break even point = F/ P - V

F = fixed cost

P = price

V = variable cost

Change in fixed cost = $130,000 × 1.17 = $152,100

Change in variable cost = $375.00 × 0.80 = $300

$152,100 / $750.00 - $300 = $152,100 / $450 = 338

I hope my answer helps you

8 0
3 years ago
What does an income statement show about a bank over a period of time?
Natali5045456 [20]
Reliability because it shows that you are responsible to pay
6 0
4 years ago
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Which of the following is a characteristic of perfect competition? Group of answer choices many sellers and few buyers many buye
Diano4ka-milaya [45]

Answer:

The correct answer is letter "D": buyers and sellers having all relevant information.

Explanation:

Perfect Competition is a theoretical market structure in which competition is at the highest possible level. These five (5) elements contain a perfectly competitive market: <em>all firms sell the same product, all firms are price-takers, all firms have relatively small market shares, buyers have complete product and price information, </em>and <em>the industry is characterized by low or no barriers to entry and exit.</em>

6 0
3 years ago
A real estate broker agrees to manage a property for its owner, but only on the condition that when the owner decides to sell, h
kati45 [8]

Answer:

Sherman Antitrust Act of 1890

Explanation:

In this specific scenario, the real estate broker would be in violation of the Sherman Antitrust Act of 1890. This is a federal statute that prohibits activities that restrict interstate commerce and competition in the marketplace. Therefore, by telling the owner that he must list the property with his broker, the agent is preventing the other competitors from having a fair shot at obtaining the listing, making this a violation.

3 0
3 years ago
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