Answer:
Depression
Explanation:
A business cycle is defined as the period that occurs between a boom and a contraction in an economy. A boom is rapid economic growth while a contraction is a period of slow economic growth.
There are 6 stages of business cycle: expansion, peak, recession, depression, trough, and recovery.
A recession is the early stage of a contraction in which demand for products start to decline and prices fall.
After a recession is depression. In this stage economic growth declines further, unemployment increases, consumer confidence is shaken and consumers reduce spending
Answer:
b. Asset management ratios
Explanation:
Asset management ratios -
It refers to the ratio of measuring and analyzing the management of the business in order to produce the sales , is referred to as the asset management ratios .
It basically determines that how effectively a certain firm is capable to manage its assets .
Hence , from the given scenario of the question ,
The correct answer is b. asset management ratios .
Answer:
thast way too long for just 10 points
Explanation:
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The transaction in this question involves two accounts: sales account and cash account. The transaction will be recorded as such:
Dr. Cash .......... 2,000,000
Cr. Sales of tickets .......... 2,000,000
Ticket sales in cash
