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2 years ago

Which situation best illustrates the role of households in the circular flow of

Business

2 answers:

Mazyrski [523]2 years ago

5 0

Answer: C

Explanation:

Shalnov [3]2 years ago

5 0

Answer:

A runner buys a new pair of athetic shoes

Explanation:

I didnt get these answer choices and this is the answer for mine.

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The partnership agreement of J. Hansen and D. Hernandez reflects differences in service and capital contributions as follows: (1

jasenka [17]

Answer:

$60,000

Explanation:

Hansen's annual salary allowance= 30,000

Hernandez's annual salary allowance= 10,000

annual interest allowance of Hensen= 0.1 × 50,000= 5000

annual interest allowance of Hernandez= 0.1 × 50,000= 5000

Remaining balance=100000- 5000-5000-30000-10000= 50000

Share of each partner from remaining balance= 25000

Hensen's income= 25,000+ 5000+ 30000= 60,000

6 0

2 years ago

Read 2 more answers

Penny thinks that the price of books will decrease next week.

Slav-nsk [51]

Answer:

Explanation:

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2 years ago

Read 2 more answers

Twinte Cars, a California corporation, has internal corporate requirements that stipulate a three-year payroll document retentio

Elena-2011 [213]

Answer:

-The period for retention could be up to 8 years depending upon the circumstances.

-The benefits and records may be called to evidence

Explanation:

In this scenario Twinte cars needs to balance internal requirement of 3 year payroll document retention period and the contract if 6 year payroll retention with the international company. Usually foreign companies have a higher retention requirement.

A way out of this predicament will be to get a new retention period of 8 years. This will satisfy requirements of the international company.

Also Twinte cars can provide benefits and records from their internal 3 year payroll retention to the international company

4 0

2 years ago

Sue Gastineau borrowed $17,000 from Regions Bank at a rate of 5.5% to open her lingerie shop. The date of the loan was March 5.

dezoksy [38]

Sue will pay back $507.20 in interest expense.

Explanation:

The formula for calculating simple interest is:

SI = P x r x t ÷ 100

P = Principal
r = Rate of Interest
t = Term of the loan/deposit in years

In the given problem,

Sue Gastineau borrowed $17,000 from Regions Bank so, P = $17000
Sue Gastineau borrowed $17,000 from Regions Bank at a rate of 5.5%, so r = 5.5 %
Number of days of the loan = March 5 to September 19
Sue borrowed $17,000 from Regions Bank for the period of = 198 days, So t = 198 / 365

Simple Interest = (17000 * (5.5/100) * (198/365))

Simple Interest = (17000 * (0.055) * (0.5424657534246575‬))

Simple Interest = $507.20

5 0

2 years ago

he following information was taken from the records of Tinker Enterprises: 2019 2018 Beginning inventory $60,000 $50,000 Cost of

Pavlova-9 [17]

Answer:

2019 - $437,000; 2018 - $382,000

Explanation:

The computation of the correct cost of goods sold for both 2018 and 2019 is shown below:

For 2019

= Beginning inventory + Cost of goods purchased - Ending inventory

= $68,000 + $420,000 - $51,000

= $437,000

For 2018

= Beginning inventory + Cost of goods purchased - Ending inventory

= $50,000 + $400,000 - $68,000

= $382,000

In 2019

Beginning inventory = $60,000 + $8,000 = $68,000

Ending inventory = $55,000 - $4,000 = $51,000

In 2018

Ending inventory = $60,000 + $8,000 = $68,000

5 0

2 years ago