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1 year ago

Match to correct letter option

Business

1 answer:

dusya [7]1 year ago

5 0

Answer:

A. Money left over after taxes are paid - Disposable income

B. Quantity theory of money helps explain the shape of this - Real

C. Part of GDP s definition that captures the quality of goods and services - Market Value

D. Caused by a fall in the money supply - Final

E. Part of GDP s definition that means you exclude used goods and services - Real

F. Sticky prices/wages justifies its shape - Final

G. Part of GDP s definition that means you exclude intermediary goods and services - Market Value

H. Used to make loans - Excess reserves

I. Used to cover withdraws - Disposable income

J. Interest rates are at their lower bound - Real

K. Represents the economy s fundamentals, such as population, capital, and technology - LRAS

L. Adjusted for inflation Final

M. Caused by a collapse of the stock market - Market Value

Explanation:

Long run aggregate supply is adjusted based on the products produced in the country. The supply rate is also adjusted based on demand factor. GDP is the monetary value of all goods and services produced in the country during a certain period.

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At the end of the prior year, Durney's Outdoor Outfitters reported the following information.

Vaselesa [24]

Answer:

Please find the detailed answer and explanation below.

Explanation:

Accounts Receivables

Particulars Amount($) Particulars Amount($)

Beginning Bal. 48,271 Collections on accounts 290,700

Sales on account 306,548 Bad debts written off 7,054

Balance c/d 57,065

Total 354,819 354,819

Ending Balance <u>57,065</u>

Allowance for Doubtful accounts

Particulars Amount($) Particular Amount($)

Bad debt written off 7,054 Beginning Balance 8,469

Balance c/d 6,185 Bad debt expense 4,770

Total 13,239 13,239

Ending Balance 6,185

Durney's Outdoor Outfitters

Income Statement (Partial)

For the year ended December 31

Operating Expense:

Bad debt Expense $4,770

Durney's Outdoor Outfitters

Balance Sheet (Partial)

For the year ended December 31

Current asset:

Accounts receivable $57,065

Allowance for Doubtful Accounts ($6,185)

Accounts receivables(Net) <u>$50,880</u>

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2 years ago

Ronald is trying to pay down his student loan debt as quickly as possible, so he decides not to purchase dental insurance and us

mojhsa [17]

Answer:

No, he cannot

Explanation:

Under an insurance contract, the insured agrees to pay small amount regularly, known as insurance premium so as to avoid bearing unexpected, unforeseen huge amount of liability which may arise in the future. Such a loss is borne by the insurer i.e the insurance company.

In the given case, Ronald refused to purchase dental insurance initially and preferred repayment of his student loan. Since he did not hold any insurance at the time of accident/injury, he cannot enroll later for an event that has already occurred i.e the injury.

An insurance contract will now safeguard him against expenses on future accidents/ injuries but will not compensate him for the accident that has already occurred when he held no insurance.

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2 years ago

29. Don and Evon orally agree on the sale of Don's Electrical Supplies Company to Evon and jot down the terms on the back of one

vekshin1

Answer:

the essential terms of the contract.

Explanation:

Generally contracts that involve large transactions like selling a company must be made in writing and must be signed by all the parties. In this case, the sort of wrote a summary of the basic terms of the sale on the back of an invoice, and at least they signed it. As it is, the contract might not be enforceable because it probably lacks a lot of important details, since the amount of space used to write it down was very small specially considering that most of the space was used for the signatures.

So in order to prevent any future problems, and to comply with the statute of frauds, they should make a written memorandum that includes the essential and important terms of the contract, which must be signed also. They could also write down a proper sales contract since they are signing it again.

The statute of frauds establishes that certain contracts must be done in writing, and since this contract probably involves a significant amount of money, it probably falls under it.

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1 year ago

True or False: Using specific position titles in ICS helps to describe the responsibilities of the position.

Mila [183]

Answer:

True

Explanation:Using specific position titles in ICS helps to describe the responsibilities of the position.

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2 years ago

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