Which best describes what is represented in the business cycle model?

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Answer 1
Answer: business cycle is the fluctuation in economic activity that the company experienced over a period of time

Low performance happen during a specific  period of time doesn't necessarily mean a failure and high performance doesn't necessarily mean  success, it just represent the most efficient possible operation during that period of time

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The income statement of Benning Co. for the month of July shows net income of $1,400 based on Service Revenue $5,500, Wages Expense $2,300, Supplies Expense $1,200, and Utilities Expense $600. In reviewing the statement, you discover the following.Insurance expired during July of $400 was omitted.Supplies expense includes $200 of supplies that are still on hand at July 31.Depreciation on equipment of $150 was omitted.Accrued but unpaid wages at July 31 of $300 were not included.Services provided but unrecorded totaled $500.InstructionsComplete the correct income statement for July 2010. (List amounts from largest to smallest eg 10, 5, 3, 2.)Benning Co.Income StatementFor the Month Ended July 31, 2010RevenuesService RevenueAccrued RevenueDepreciation ExpenseSupplies ExpenseEquipmentSuppliesUtilities ExpenseWages ExpenseUnearned RevenueAccumulated DepreciationInsurance ExpenseWages PayablePrepaid Insurance $ExpensesWages PayableInsurance ExpenseSuppliesUtilities ExpenseAccumulated DepreciationWages ExpenseService RevenueUnearned RevenueDepreciation ExpenseAccrued RevenueSupplies ExpenseEquipmentPrepaid Insurance $Prepaid InsuranceAccrued RevenueInsurance ExpenseService RevenueWages PayableEquipmentSuppliesUnearned RevenueAccumulated DepreciationUtilities ExpenseDepreciation ExpenseSupplies ExpenseWages ExpenseUtilities ExpenseEquipmentDepreciation ExpenseWages PayableService RevenueSupplies ExpenseUnearned RevenueAccrued RevenueInsurance ExpenseWages ExpensePrepaid InsuranceSuppliesAccumulated DepreciationAccrued RevenueAccumulated DepreciationUtilities ExpenseEquipmentDepreciation ExpenseUnearned RevenueWages ExpenseWages PayableSupplies ExpensePrepaid InsuranceInsurance ExpenseService RevenueSuppliesWages PayableWages ExpenseSupplies ExpenseService RevenueUtilities ExpenseAccumulated DepreciationPrepaid InsuranceUnearned RevenueSuppliesAccrued RevenueEquipmentDepreciation ExpenseInsurance Expense
The crucial issue with the continuity factor of a business’s organizational form is _______.a. Management style. b. Profit distribution. c. The method by which the business can be dissolved. d. The method of customer service observed.
Which of the following would be considered a transaction account?a. checking account b. savings account c. mutual fund account d. certificate of deposit
What is the best definition of an economic system? economy based on traditional production methods process by which people choose how to use limited resources in order to meet their needs government makes the best decisions
There are two distinct proposals, a and b, being debated in washington. the congress likes proposal a, and the president likes proposalb. the proposals are not mutually exclusive; either or both or neither may become law. thus there are four possible outcomes, and the rankings of the two sides are as follows (where as always a larger number means they prefer it)

which types of industries are likely to use the lower-of-cost-or-net realizable value (lcnrv) basis most frequently?

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Industries that are likely to use the lower-of-cost-or-net realizable value (LCNRV) basis most frequently are those that deal with inventory or stocks, such as retail, wholesale, and manufacturing industries.

This is because they need to account for the value of their unsold inventory, and LCNRV is a commonly used accounting method to estimate the value of inventory that may have become obsolete or damaged.

Additionally, industries that deal with perishable goods or those that have a short shelf life, such as the food and beverage industry, are more likely to use LCNRV as they have a higher risk of inventory spoilage or obsolescence.

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You are a manager and one of your team member asks why using slide presentations are a good idea. What's the best way to respond?A. Slide presentation use text only, which will help keep your audience focused on the words on the screen.
B. Slide presentations are difficult to use, so you will impress your audience just by using one.
C. Slide presentations are familiar to most audiences, and will help them focus on the content.
D. Slide presentations are not often used in business, so using one will surprise your audience and keep them guessing.

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Answer:

C. Slide presentations are familiar to most audiences, and will help them focus on the content.

Explanation:

Slide shows are tools that allow you to synthesize the subject by points and explain the main idea. This is for the audience to get used to the subject and also for the speaker to remember each item and talk about the content. In addition, it is possible to introduce graphs, tables and images that act as a more didactic way to visualize the subject, which translates into a greater focus. Finally, slides are used in virtually every organization, school, and course, suggesting that people are already used to following this kind of presentation, which makes the talk simpler for you and for them.

Slide presentations are familiar to most audiences, and will help them focus on the content. Tus, the correct option is C.

What is Slide presentation?

A slide presentation is a visual communication tool used to convey information, ideas, or data to an audience. It typically consists of a series of slides containing text, images, charts, graphs, and other visual aids that are presented in a logical sequence.

The purpose of a slide presentation can vary depending on the context. It may be used to inform, persuade, educate, or entertain an audience. Slide presentations are commonly used in business settings for meetings, sales pitches, and training sessions, as well as in academic settings for lectures and presentations.

When creating a slide presentation, it's important to keep the audience in mind and tailor the content and visuals to their needs and interests. The presentation should have a clear structure and flow, with each slide building on the previous one.

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You want to buy your dream car, but you are $5,000 short. If you could invest your entire savings of $2,350 at an annual interest of 12%, how long would you have to wait until you have accumulated enough money to buy the car?

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European Style Furniture (ESF), headquartered in New York, acquires fine furniture from several high-quality manufacturers in Europe and enjoys exclusive distribution rights from them to sell to furniture stores throughout the United States. In this context, ESF is most likely classified as a(n)

Answers

Answer:

reseller

Explanation:

Based on the information provided within the question it can be said that in this context, ESF is most likely classified as a reseller. This refers to a company, business, or individual who purchases goods from other individuals or business with the sole purpose or selling them at a higher price for profit, as opposed to consuming those goods. Which is exactly what ESF is doing with the furniture it purchases.

A company builds a new plant and finances its construction by issuing stock. Which ratio is least likely to be affected, all else being equal? a. Current ratio
b. Debt to equity ratio
c. Debt to asset ratio
d. Net fixed assets to total assets

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Answer:

a. Current ratio

Explanation:

Current Ratio is the least likely to be affected

The  Current Ratio is given as

Current Ratio = [ Current assets ] ÷ [ Current liabilities  ]

Now,

Building a new plant is a fixed asset for the company.

Thus, It will add to the Fixed assets

Since,

The Formula for current ratio is independent of the fixed assets

Therefore,

It will be least affected.

While,

Debt to equity ratio = [ Debt ] ÷ [ Equity ]

Debt to asset ratio= [ Total Debt ] ÷ [ Total Assets ]

Net fixed assets to total assets = [ Net fixed assets ] ÷ [ Total assets ]

in all the above relations, fixed asset will change the value of the total assets.

Hence,

They all will be affected

EconBiz has issued a bond with the following characteristics:Par: $1,000 Time to maturity: 18 years Coupon rate: 7 percent
Semiannual payments Calculate the price of this bond if the YTM is:
A: 5% B:

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The price of the bond if the YTM is 5% is $1,315.72.

To calculate the price of the bond, we need to discount the future cash flows (semiannual coupon payments and par value at maturity) using the yield to maturity (YTM). The YTM is the rate that makes the present value of the bond's cash flows equal to the current market price of the bond.

Using the given characteristics of the bond, the semiannual coupon payment is $35 ($1,000 x 7% / 2), and the number of semiannual periods is 36 (18 years x 2). Using the formula for present value of a bond, the price of the bond if the YTM is 5% can be calculated as follows:

PV = ($35 / (1 + 0.05 / 2)¹) + ($35 / (1 + 0.05 / 2)²) + ... + ($35 / (1 + 0.05 / 2)³⁶) + ($1,000 / (1 + 0.05 / 2)³⁶)

PV = $657.86 + $628.86 + ... + $27.14 + $536.03

PV = $1,315.72

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