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3 years ago

Expain what is debt in a 70 word paragraph

Business

2 answers:

o-na [289]3 years ago

8 0

Answer:

Debt is amount of money borrowed by one party, from another. Debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at later date, usually with interest. In simple word it money borrowed from another, for something you can't afford. If you are in or get in debt, you owe money. If you are out of or get out of debt, you paying all the money that you owe.

NeTakaya3 years ago

7 0

Answer:

Debt is money one person, organization, or government owes to another person, organization, or government. Typically, the person who borrows the money has a limited amount of time to pay back that money with interest (an additional amount you pay to use borrowed money).

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Assume that a company makes only three products: Product A, Product B, and Product C. Currently, the company uses a conventional

VikaD [51]

Answer:

Company A

Using the activity-based costing approach, the percent of the company’s total Material Handling activity cost that would be allocated to Product B is:

d. 33%

Explanation:

a) Data and Calculations:

Product A Product B Product C Total Use

Number of units produced 1,000 units 7,000 units 2,000 units 10,000

Direct labor hours per unit 2 hours 2 hours 2 hours 6

Number of setups 30 setups 50 setups 20 setups 100

Number of material moves 600 moves 400 moves 200 moves 1,200

Number of products 1 product 1 product 1 product 3

Product B usage of Material Handling Activity Cost:

Allocation Basis = Number of material moves

Product B material moves = 400

Total material moves = 1,200

Therefore, the percentage of Product B usage of material handling activity is:

= 400/1,200 * 100

= 33%

6 0

3 years ago

Labor demand schedule not sure what that consists of

yKpoI14uk [10]

Answer:

The law of demand states that all other things being equal, the quantity bought of a good or service is a function of price. As long as nothing else changes, people will buy less of something when its price rises. They'll buy more when its price falls.

Explanation:

8 0

3 years ago

An increase in government spending raises income: a. and the interest rate in the short run, but leaves both unchanged in the lo

Elina [12.6K]

An increase in government spending raises income (B) in the short run, but leaves it unchanged in the long run, while lowering investment.

<h3>What is government spending?</h3>

All government purchases, investments, and transfer payments are included in what is known as government spending or expenditure.
Government final consumption spending is defined in national income accounting as the purchase by governments of goods and services for immediate consumption, to primarily meet the individual or collective needs of the community.
Government investment is defined as the purchase of goods and services by the government with the intention of generating future benefits, such as infrastructure investment or research spending (government gross capital formation).
Together, these two categories of government spending—on final consumption and gross capital formation—make up one of the primary parts of the GDP.

Therefore, an increase in government spending raises income (B) in the short run, but leaves it unchanged in the long run, while lowering investment.

Know more about investments here:

brainly.com/question/25300925

#SPJ4

4 0

2 years ago

What process guides your entry and closing points? 1. Reducing the randomness of your approach 2. Pragmatic 3. Facilitate adapta

Airida [17]

Answer:

1. Reducing the randomness of your approach

Explanation:

Reducing the randomness of your approach guides your entry and closing points

8 0

3 years ago

Human resource (HR) management includes activities such as: A. Analyzing competitors B. Disciplining, promoting, transferrin

natita [175]

Answer:
The answer is B. Disciplining, promoting, transferring, and demoting.

Hope This Helps!
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3 years ago