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Alenkasestr [34]
2 years ago
11

Suppose that in your first year of college you spend $3,700.00 more than you earn. In your second year, your expenses increase a

bit, leading you to spend $4,200.00 more than you earn. This gap goes to $4,800.00 in your third year of college, then falls a bit to $4,800.00 in your fourth and final year. 1st attempt What is your deficit in your third year of college
Business
1 answer:
Artist 52 [7]2 years ago
5 0

The deficit in my third year of college is $600.

Deficit is the amount by which expenditures exceed income. Deficits increases the level of debt because deficit spending has to be funded through borrowing.

Deficit in the third year of college = gap in the third year - gap in the second year

$4,800 -  $4,200 = $600

To learn more, please check: brainly.com/question/1800332

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3 years ago
Consider that you are a salesperson for the Carpenters Motors - Range Rover dealership. A young, newly married couple enters the
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Answer:

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8 0
3 years ago
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slega [8]

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3 years ago
Adjustments for unearned revenues: Select one: a. decrease liabilities and increase revenues. b. increase liabilities and increa
Mnenie [13.5K]

Answer:

(D) decrease revenues and decrease assets

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When a revenue was recorded in the books, the like journal entry would have been.

Debit Cash/Bank/Receivables Account (thus increasing asset)

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8 0
3 years ago
Bayside Marina just announced it is increasing its annual dividend from $1.45 per share to $1.48 per share effective immediately
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Answer:

The correct option B ,stock price increased proportionately with the dividend increase

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The increase in price is computed thus:

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There is no doubt that an increase in dividend of 2.07%  brought about the same increase share price ,hence choice of answer.

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3 years ago
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