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1 year ago

Which of the following statements is NOT true?

Business

1 answer:

zubka84 [21]1 year ago

5 0

Answer:

Letter b is correct.

Explanation:

The affluence effect is dependent on the slope of aggregate demand, that is, when price decreases increase and the consumer gains more purchasing power to consume more goods and services. In the economic cycle, there are several other variants that determine economic activities, not just a single variable such as price, but a set of variables such as the amount of resources and capital and the volume of production.

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A Super Happy Fun Ball is dropped from a height of 10 feet and rebounds 13/14 of the distance from which it fell. How many times

Phantasy [73]

Answer:

Explanation:

First bounce = 13 / 14 × 10 = 130 /14

using geometric progression where the common ratio = 13/14, the first bound = 130/14

ar^n-1 < 1

substitute the values into the equation

130 /14 × 13/14^(n-1) < 1

(13/14)^n-1 < 1÷ (130/14)

(13/14)^n-1 < 14 / 130

take log of both side

log (13 /14)^n-1 < log ( 14/130)

n-1 log (13 /14) < log ( 14/130)

since log (13/14) negative

n-1 > (log( 14/130)) ÷ ( log (13/14)

n - 1 > 30.07

n > 30.07 + 1 > 31.07

The 32 bounce will the first less than 1 foot

3 0

1 year ago

From the information given below, calculate the quick ratio. Particulars Amount (in $) Particulars Amount (in $) Cash 20,000 Acc

Nat2105 [25]

Answer:

C. 1.25 times

Explanation:

Given: Cash 20,000 Accounts payable 11,000 Notes receivable 15,000 Wages payable 5,000 Stock 5,000 Retained earnings 20,000 Inventory 6,000 Notes Payable 8,000.

Current asset: Cash.

Current Liability: Accounts payable.

Now, calculating the quick ratio.

Formula; Quick ratio= $\frac{Current\ asset- Inventory}{Current\ liability}$

⇒ Quick ratio= $\frac{20000- 6000}{11000}$

⇒ Quick ratio= $\frac{14000}{11000}$

∴ Quick ratio= $1.27 ( 1.25\ is\ closest\ options\ given)$

Hence, Quick ratio is 1.25 times

7 0

1 year ago

Charlotte (age 40) is a surviving spouse and provides all of the support of her four minor children who live with her (all are u

Kipish [7]

Answer:

a. $58,000

b. $6,752

c. $9,000

Explanation:

a. The computation of taxable income is shown below:-

Taxable income = Salary - Short term capital loss + Cash Prize - Greater of Standard or itemized deduction for year 2018 (assumed)

= $80,000 - $2,000 + $4,000 - $24,000

= $58,000

b. The computation of tax liability is shown below:-

Tax liability (Surviving spouse) = ($1,940) + ($58,000 - $19,400) × 12%

= $1,940 + $38,600 × 12%

= $1,940 + $4,632

= $6,572

c. The calculation of Charlotte's child and dependent tax credit is given below:-

= ($2,000 × 4) + ($500 × 2)

= $8,000 + $1,000

= $9,000

6 0

1 year ago

Given the following information, determine the activity rate for setups. Activity Total Activity-Base Usage Budgeted Activity Co

Oksanka [162]

Answer:

Activity Rate for Setup = $18

Explanation:

Given

Activity Total Activity-Base Usage Budgeted Activity Cost

Setups 10,000 $180,000

Inspections 24,000 $120,000

Assembly (dlh) 80,000 $400,000

Activity Rate is calculated by: Budget Activity Cost/Activity Base Usage

Where Activity Base (for Setup) = 10,000

Budget Activity Cost = $180,000

So, Activity Rate for Setup = $180,000/10,000

Activity Rate for Setup = $18

Hence, the calculated activity Rate for setups is $18

6 0

2 years ago

Read 2 more answers

Stephen Hemmerling was a driver for the Happy Cab Co. Hemmerling paid certain fixed expenses and abided by a variety of rules re

KIM [24]

Answer and Explanation:

The court can hold that Hemmerling is an employee of the Happy Cab Co. in several cases:

1) The standard operating procedures followed by Hemmerling that is stated by Happy Cab Co. such as abiding by variety of rules, the hours he could work and solicitation of fares.

2) Hemmerling also paid fixed expenses and the car provided by the cab company suggest that he works for the company just like any other employer employee relationship.

3 0

2 years ago

Which of the following statements is NOT​ true?

Which of the following statements is NOT true?