The actual Great Recession of the late 2000s serves as an illustration of a business cycle.
The U.S. economy was in the expansionary stage of the economic cycle before to the start of the Great Recession, which is characterized by an increase in GDP, low inflation, and rising employment.
The launch, growth, shake-out, maturity, and decline stages make up the most typical division of the business life cycle, which is the movement of a business over time in phases.
Why is the concept of a business cycle important?Understanding business cycles is crucial for success while running a business. A business cycle is the measured expansion and contraction of economic growth over a given time period. It is also referred to as a trade or economic cycle.
Business owners can make wise judgments if they have a thorough understanding of business cycles. The forces of supply and demand, changes in the GDP, the availability of capital, and future expectations all contribute to the economic cycle. The four main parts of this cycle are typically distinguished as follows: expansion, peak, contraction, and trough.
To learn more about Busines cycle from given link
https://brainly.com/question/26086110
#SPJ4
One disadvantage of a cryptocurrency is that O a. it involves higher transaction fees O b. it's available only to Android users O c. it can easily be counterfeited O d. there is no way to reverse a payment
One disadvantage of a cryptocurrency is that d. there is no way to reverse a payment.
What is a transaction?
The following are a couple of occasions of trades: paying a supplier for things or organizations got. purchasing a property that was as of late guaranteed by a seller by paying the merchant with cash and a note. pay for quite a while worked.
The value of advanced types of cash is leaned to sharp swings. Any period could see a decrease in regard or a total setback. A full disaster could similarly result from the lack of confirmations and permission to data. The damages of computerized monetary standards consolidate their expense unusualness, high energy use for mining activities, and use in violations.
Learn more about cryptocurrency:
https://brainly.com/question/16090147
#SPJ4
The bankruptcy abuse and prevention and consumer protection act limited the number of debtors who could declare which type of bankruptcy?
The Bankruptcy Abuse and Prevention and Consumer Protection Act limited the number of debtors who could declare Chapter 7 bankruptcy. Chapter 7 bankruptcy involves the liquidation of assets in order to pay off creditors.
What is bankruptcy?Bankruptcy is a legal process by which individuals or businesses that are unable to pay their debts can have some or all of those debts discharged. It allows debtors to receive a fresh start, free from the burden of unmanageable debt. Bankruptcy is a complex process governed by federal law that can involve paying creditors, liquidating assets, and reorganizing debt. Depending on the type of bankruptcy filed, certain assets may be exempt from liquidation.
To learn more about bankruptcy
https://brainly.com/question/27220195
#SPJ4
Given forecast errors of -1, 4, 8, and -3, what is the mean absolute deviation?
A. 2
B. 3
C. 4
D. 8
Reset Selection
Autosave failed: please check your network connection before continuing.
DON'T LOSE YOUR WORK! Once your network connection is stable, click the Save button. If you need to exit the assessment before you can save successfully, please copy/paste your short answer or essay responses to your local device or note them separately before closing or refreshing the page.
For the values of - 1, 4, 8, and - 3, the mean outright deviation is 4.
What is meant by deviation?
The expression "standard normal distribution" alludes to a typical dispersion that has a mean of 0 and an SD of 1. Tables of the standard typical appropriation are regularly used to show various locales of the ordinary conveyance.
The equation for mean deviation is: 6 + 3 + 3 + 2 + 1 + 2 + 6 + 78 = 308 = 3.75. The mean is hence 9 and the mean deviation is 3.75. It uncovers how far all values are on normal from the middle. By and large, 3.75 off from the middle. Think distance while thinking about deviation.
The mean outright deviation is 4.
In this situation,
1+4+8+3 = 16
16/4 = 4.
Learn more about absolute deviation:
https://brainly.com/question/285157
#SPJ4
What are examples of excise tax?
The sale of particular goods or services, or certain uses, are subject to an excise tax. On the sale of items like fuel, airline tickets, big trucks and highway tractors, indoor tanning, tires, tobacco excise tax is typically levied.
An excise tax is what kind of tax?Taxes placed on a variety of commodities, services, and activities are known as excise taxes. Depending on the tax, these levies could be levied against the manufacturer, the retailer, or the consumer. Excise taxes are an indirect tax type that are imposed on a certain range of goods, services, and activities. Excise taxes are levied on goods that are subject to strict regulations, such as cigarettes, motor fuel, and other products. Excise tax is also applicable to other activities, such as using the highway.
To know more about excise tax visit:
https://brainly.com/question/22358769
#SPJ4
What does marginal stand for?
Marginal stands for “at the margin” or “on the edge.”
Marginal is a term used to describe the additional benefit or cost associated with an increase or decrease in a particular activity.
For example, if a company chooses to produce one extra unit of a product, the marginal cost is the additional cost associated with producing that extra unit.
Similarly, if a company chooses to reduce its workforce by one person, the marginal cost is the additional cost associated with the decision.
In both cases, the marginal cost is the difference between the total cost of the activity before the change and the total cost of the activity after the change.
To learn more about marginal, click here:
brainly.com/question/17230008
#SPJ4
Which of these describe surety bonds? covers loss related to watercraft protects companies from contractors that fail to fulfill a contract
All of the above.
A surety bond is a type of contract between three parties: the obligee, the principal, and the surety. The obligee requires the principal to provide a surety bond or bond guarantee so the principal will fulfill their obligation. The bond covers the loss for any damages sustained by the obligee because of the principal's failure to perform. Surety bonds can be applicable to anything from construction projects and watercraft to covering the loss of funds associated with contracts.
A measure termed ______ describes how useful an ad message is to the consumer doing the search. a. return on investment b. reliability c. relevance d. awareness
A measure termed d.relevance describes how useful an ad message is to the consumer doing the search.
Consumers are people or groups who don't actively engage in commercial or entrepreneurial operations and who plan to order or use purchased goods, experiences, or services primarily for their own social, familial, domestic, or other needs. The most common user of the word is someone who purchases items for their own use. In an economy, a consumer generally purchases products or services for their own consumption as opposed to reselling them or using them for commercial endeavors. For customers to purchase goods or services, they must pay money (or an equivalent). Next, eat ([4]). (use up). As a result, consumers are an essential component of all economies and have a big influence on how a capitalist society is financed.
Learn more about consumer :
https://brainly.com/question/13420317
#SPJ4
What are 3 external influences?
Political, economic, and social factors are three outside forces.
Explain about the external factors?Things that a business cannot control but which have an effect on its success are referred to as external effects. An organisation is powerless to change outside forces. It can only react to them by taking actions that will enable it to preserve its wealth.
Sociological, technical, environmental, political, economic, and legal aspects are a few examples of external influences. Values, managerial strategies, human resources, technology and physical resources, and organizational structure are a few examples of internal influences.
In contrast to external elements, which the company cannot control, such as the economy, customers, politics, etc., internal factors are those that the company can influence, such as its staff and operations.
To learn more about external factors refer to:
https://brainly.com/question/20714228
#SPJ4
Which of the following is an external recruitment method? O a. Job postings O b. Walk-ins O c. Transfer O d. Promotion
The job postings are an external recruitment method for a company.
What is a job posting?The formal announcement of a vacant position for which the business is actively looking to hire a new employee is known as a job posting. Internal job postings can be done by using business message boards or announcement forums. As a result, current workers can transfer throughout the organisation and submit a bid for the post before it is made available to the public. Traditionally, the phrase has been used to refer to internal employment ads. Websites, online job boards, and staffing agency availability lists may all contain publicly posted job posts. Traditionally, the human resources division has created job postings, which include information on requirements, working hours, and salary. They might also discuss the working atmosphere or how the new employee might fit into the organization's current structure.
To learn more about job posting, visit:
https://brainly.com/question/15175179
#SPJ4
Why is visualization important as an effective teaching strategy?
Visualization is important as an effective teaching strategy as it can help students better understand and retain information.
Visualization is a powerful teaching tool because it helps students to better comprehend complex concepts and make connections between ideas.
By engaging students in visualizing concepts, teachers can help them build a deeper understanding of the subject matter.
Visualization also helps to make difficult concepts more accessible, as it can make them easier to remember and recall.
Additionally, the use of visuals can spark engagement, creativity, and collaboration in the classroom. With the help of visualization, students can gain a more comprehensive understanding of the material, leading to increased knowledge retention.
To learn more about visualization, click here:
https://brainly.com/question/19974174
#SPJ4
What are the two specialty roles on an Agile team choose two?
All Agile teams include two main roles: Scrum Master and Product Owner. No train can exist without an agile team. They drive the Agile Release Train (ART) and ultimately the entire organization.
What does specialty roles mean?A specialty roles is the role in which the person holding the title is an expert in a particular field. They are typically qualified in their professional specialization because they have a professional education background, additional qualifications, or previous professional experience in this function.
What are the responsibilities of an Agile teams?Facilitate daily scrum and sprint efforts. Communication among team members regarding evolving requirements and plans. Coaching team members to achieve results. Complete administrative tasks such as conducting meetings, facilitating collaboration, and removing hurdles that block project progress.
To learn more about Agile visit:
https://brainly.com/question/30094004
#SPJ4
what type of stakeholders include community, government, nongovernmental organizations, and business support groups?
In contrast, minor stakeholders are far from being insignificant. Customers, governmental organisations, regulatory authorities, labour unions, local communities, the global community, non-governmental organisations, and the media are among the broad range of stakeholders.
Household heads, parents, business owners, community workers, and representatives from Indigenous communities are a few examples of community-level stakeholders. Community stakeholders will have firsthand knowledge of how a problem impacts residents in the area on a daily basis. A typical corporation's investors, workers, clients, and suppliers make up its main stakeholders. The focal organisation, or study's focus, is a structured group with particular strategic and production goals that are supported by its mission, or raison d'être. Employees, clients, shareholders, suppliers, communities, and governments are typical examples of stakeholders.
To learn more about stakeholders click the link below:
brainly.com/question/28625232
#SPJ4
Customers, governmental bodies, regulatory agencies, labor unions, local communities, the global community, non-governmental organizations, and the media are just a few of the wide array of stakeholders.
Who are the stakeholders, exactly?
Heads of households, parents, business owners, community workers, and representatives from Indigenous communities are a few examples of community-level stakeholders.Community members will have firsthand knowledge of how a problem impacts the local populace on a daily basis. A typical corporation's owners, employees, clients, and suppliers are its main stakeholders.The focal organization for the study is an organized team with clear strategic goals as well as production goals that are supported by its mission. People in the workforce, clients, shareholders, suppliers, communities, and governments are typical examples of stakeholders.To learn more about stakeholders here-
brainly.com/question/28625232
#SPJ4
What affects the demand for cars?
The cost of owning and operating a car goes up as petrol prices rise. Consequently, we anticipate a decline in the demand for autos.
Demand in economics refers to a consumer's desire to buy products and services as well as their readiness to pay a given price for them. The quantity demanded of an item or service typically decreases as its price rises. The amount demanded will rise in response to a decrease in the cost of a commodity or service.
Because it makes sense and organically happens throughout nearly any day, demand is a concept that both consumers and businesses are highly familiar with. For instance, customers who are keeping an eye on certain items may purchase more of them when the prices are low. Shoppers purchase fewer items or sometimes none at all when anything occurs that increases the price, such as a change in season.
Learn more about demand here
brainly.com/question/29761926
#SPJ4
The most important element influencing car sales is likely the economy. They consist of interest rates, unemployment rates, GDP, disposable income, and exchange rates.
Why does demand for cars rise?The pandemic, supply chain problems, chip shortages, and now petrol prices are all contributing to customers wanting to trade in their cars for ones with higher gas mileage. "We are observing a big demand. We observe clients who commute further to work while driving trucks.
What impact does supply and demand have on automobiles?According to the supply and demand curves, prices will go up overall, domestic car sales will rise, and import car sales will go down.
To know more about car demand visit:
https://brainly.com/question/16971173
#SPJ4
Which activity can you perform in QuickBooks Online Payroll If QuickBooks Time is integrated?
You can perform activity like setting up in QuickBooks Online Payroll If QuickBooks Time is integrated.
QuickBooks Online Payroll, when integrated with QuickBooks Time, allows you to easily manage your payroll and employee time tracking.
With QuickBooks Online Payroll, you can perform tasks such as setting up and running payrolls, tracking employee hours, generating paychecks and direct deposits, and filing payroll taxes.
You can also use QuickBooks Online Payroll to run reports and access employee information, such as tax forms, paystubs, and time off requests.
With QuickBooks Online Payroll, you can be sure that your payroll is accurate and up-to-date, so you can focus on running your business.
To learn more about integrated, click here:
https://brainly.com/question/988162
#SPJ4
What do you think is the most important thing that an entrepreneur must possess before starting a business?
Self-discipline. This might be among the most crucial traits for an aspiring entrepreneur to possess. Your business idea revolves around you, thus you will be the one to hold yourself responsible.
What qualities does a successful entrepreneur need to have?More than just launching new businesses every day is required to be a successful entrepreneur. It denotes having the proper mindset for a business as well as the tenacity and grit to succeed. A successful businessperson has a strong inner drive that aids in success.
Examining the characteristics of successful entrepreneurs, let's see what they are. The idea of labor should thrill an entrepreneur. They should always be driven to excel and get beyond challenges.
They should not only set lofty objectives for themselves but also demonstrate that they are genuinely dedicated to reaching them in spite of the numerous setbacks that may arise.
Learn more about entrepreneurs with the help of the given link:
brainly.com/question/20757345
#SPJ4
How do you measure the quality of the project performance?
To assess a project's success:
1. Determine your budgetary requirements.
2. Ensure that you adhered to each deadline.
What is project performance?The overall evaluation of whether a project has met all schedule, cost, and scope requirements and/or its objectives.
These indicators include turnover, employee happiness, and employee engagement.
The milestones, performance objectives, and timelines for a Subproject as listed in the Project Performance Plan for that Subproject that is attached to this Grant are referred to as the Project Performance Plan.
To determine a project's success:
1. Calculate your financial outlay.
2. Make sure you met all of your deadlines.
3. Evaluate the performance of your team. 4. Examine whether your goals were accomplished.
5. Figure out the return on your investment.
6. Assess customer satisfaction
7. Calculate the finished product's value.
Therefore, to assess a project's success:
1. Determine your budgetary requirements.
2. Ensure that you adhered to each deadline.
Know more about project performance here:
brainly.com/question/25802666
#SPJ4
A sole proprietor may be eligible for: O A deduction of up to 20% of gross income from all sources. O A deduction of up to 20% of qualified business income. O A more favorable tax rate of 0%, 15%, or 20% on net profit from business O A flat corporate tax rate of 21% on net profit from business. Mark for follow up
A sole proprietor may be eligible for a deduction of up to 20% of qualified business income.
Sales revenue from goods or services is one type of business income that is acceptable. One example of company revenue is the fees a person receives by regularly practising their profession. Rent payments are considered business income for those who work in real estate. Add up all of your revenue, then deduct your overhead and operational costs. The earnings before taxes for your company are calculated here. Find your company's net income by deducting taxes from this sum. Your business's earnings will be based on your net income. In general, regardless of the source, rents and royalties are considered nonbusiness income and are not thus eligible for the business income deduction. But revenue from rent and royalties that is produced as part of a trade or company or by property that is an intrinsic element of a trade or business operation may be considered business income.
learn more about business income here
https://brainly.com/question/23612373
#SPJ4
What are the four steps in the data cycle?
Data collection, data storage, data analysis, and knowledge generation are the four steps of the big data lifecycle.
What does the big data data life cycle entail?The process by which a specific piece of data moves from being created or captured to being archived and/or deleted at the end of its useful life is known as the data life cycle. Although details can vary, specialists in data management frequently count six or more stages as part of the data life cycle.
What are the seven steps in data analysis?The most widely employed data analytics types are diagnostic analysis, predictive analysis, prescriptive analysis, text analysis, and statistical analysis. Descriptive analytics and inferential analysis are two subsets of statistical analysis.
To know more about data life cycle, visit:
brainly.com/question/30094940
#SPJ4
Managers should understand how they can create win-win relationships with their suppliers and customers so that they can overcome ______.
To avoid misunderstandings, managers should be aware of how to build mutually beneficial relationships with their suppliers and clients.
Managers typically make decisions without having all the information they require because they are uninformed of their options and are unable to predict the results of a choice. Making decisions is a vital part of management. Making decisions is an essential part of planning. The manager chooses the goals that the business wants to work toward during planning. In some cases, a management decides on a course of action despite not having all the information required. Delaying some decisions can also make other issues worse. Some choices need to be made right away. Managers are frequently responsible for managing a certain department.
Learn more about managers from
brainly.com/question/24708179
#SPJ4
Managers should understand how they can create a win-win relationships with their suppliers and with there customers so that they can overcome with the conflicts.
A win-win situation is a resolution to a concession where both parties profit from the outgrowth. This generally results in both parties determining that the outgrowth meets their requirements, that they can work with it, and also freely accepting the proposed result. win-win situation situation includes dividing up common chores, similar as washing thedishes. However, and the hubby helps with some chores or childcare to indeed the workload, the couple have created a palm- palm situation If the couple decides to compromise.
To know more about win-win situation visit:
https://brainly.com/question/4981689?referrer=searchResults
#SPJ4
Which of the following are issues most explored in microeconomics? (Check all that apply.)
Multiple select question.
Measuring total revenues of a firm
Unemployment and inflation rates
The expenditures of a government entity
Measuring the price of specific goods
The level of public debt
The issues that most explored in microeconomics includes:
Measuring the price of specific goodsThe expenditures of a government entityA firms decision to hire more workersMeasuring total revenues of a firm or household.An overview of most explored matters in microeconomics:Microeconomics is the branch of economics that studies the behavior and decision-making of individual actors, such as households and firms, in specific markets.
Apart from the main answer given which are explored, we have some of the most common issues explored in microeconomics, we include:
Supply and demand: The relationship between the quantity of a good or service that producers are willing to sell and the quantity that consumers are willing to buy. This relationship determines the market price of a good or service.Market structure: The way in which a market is organized, such as perfect competition, monopolistic competition, oligopoly, or monopoly. Different market structures have different effects on prices, profits, and consumer welfare.Consumer behavior: How consumers make decisions about what goods and services to purchase, and how their decisions are influenced by factors such as income, tastes, and prices. etc.Read more about microeconomics
brainly.com/question/8648375
#SPJ1
Two countries with similar resources want to grow bananas. Which country has an absolute advantage for growing bananas
Two countries with similar resources want to grow bananas. Country A has a temperate climate and can grow bananas in the spring and it produces 42,000 pounds of bananas per year per growing acre. Country A has an absolute advantage in growing bananas. This is because it can produce more bananas.
What are the climatic conditions necessary for growing bananas?
Banana plants prefer warm, moist climates with fertile soil. Bananas are always available, unlike other fruits like apples, which have a growing season. Tropical climates with an average annual rainfall of between 78 and 98 inches and temperatures between 80 and 27 degrees Fahrenheit are ideal for banana plant growth. The majority of exported bananas are farmed 30 degrees on each side of the equator. Today, in countries where it is hot and rainy, banana trees flourish in the tropical, mainly in the humid areas of Central and South America, Africa, and Southeast Asia.
To find out more about banana plants, check out:
https://brainly.com/question/1155385
#SPJ4
Elasticity allows economists to measure a. the responsiveness of one variable to changes in another variable. b. how firms can maximize revenue. c. how firms can maximize profits. d. the frequency of shifts in demand.
Elasticity allows economists to measure (a). the responsiveness of one variable to changes in another variable is correct option.
Economists can gauge a variable's elasticity by looking at how sensitive it is to changes in another variable. Demand is said to be elastic if a little change in price results in a substantial change in demand. Demand is said to be inelastic if a significant change in price only causes a minor change in demand.
Neoclassical economic theory places a high value on the concept of elasticity, which aids in the comprehension of a number of economic ideas, including the incidence of indirect taxation, marginal concepts related to the theory of the firm, wealth distribution, and various types of goods related to the theory of consumer choice. When analyzing welfare distribution, in particular consumer surplus, producer surplus, or government surplus, a grasp of elasticity is also crucial.
To know more about economists
https://brainly.com/question/14568010
#SPJ4
What are the best practices for video marketing?
Consider your objective. Tell a tale, elicit an emotional response. Keep it straightforward, make sure your films are sound-free, and optimize it for search engines. Make a clear and mobile-friendly call to action for your films.
What is the best video marketing strategy?Make a plan for your video marketing. After determining your target audience, set marketing objectives. All of your videos should uphold your brand's identity and convey your message clearly. Make sure your video's budget makes sense. You should channel-specifically optimize your videos. Recheck everything. Remember that there are online television advertising (CTV). An online video marketing campaign's objective could be as simple as boosting website traffic.
The top 10 social media strategies for 2021 . Studying your target audience Observe your competition. Establish and uphold the voice of your brand. Pick the best moment and volume for posting. Plan your chores and automate them using tools. Customer service should be prompt. Utilize the subject matter specialists in your company.
To learn more about video marketing refer to :
https://brainly.com/question/29343125
#SPJ4
What do you mean by elasticity of demand?
The elasticity of demand, or demand elasticity, measures how demand responds to a change in price or income.
What exactly does elasticity of demand mean?The degree to which demand is responsive to changes in price for a given good or service is known as price elasticity of demand. The ratio of the percentage change in the commodity's demand to the percentage change in its price is known as the price elasticity of demand for that commodity.
Which items have demand that is perfectly elastic?The quantity demanded will fall the instant you boost your pricing, even marginally. Luxury items like jewelry, gold, and high-end vehicles are examples of products that are perfectly elastic.
To know more about Elasticity of Demand visit:
https://brainly.com/question/23301086
#SPJ4
Which statement is true when continuously deploying using a DevOps model?
- It ensure that changes deployed to production are always immediately available to end users
- It lessens the severity and frequency of release failures
- It increase the transaction cost
- It alleviates the reliance on the skill sets of agile teams
What is a part of the role of the scrum master?
- To coach the interactions with the scrum framework
- To prioritize and identify what is ready for iteration planning
- To facilitate all team events
- To escalate art impediments
A statement which is true when continuously deploying using a DevOps model include the following: B. It lessens the severity and frequency of release failures.
A part of the role of the scrum master include the following: C. to facilitate all team events.
What are DevOps?In Computer technology, DevOps can be defined as a set of tools, processes, practices, and a cultural philosophy that are combined so as to help in automating and integrating the processes that exist between software development and information technology (IT) teams.
This ultimately implies that, the key objectives of DevOps is focused on the ability of Accenture to deliver software applications and services at high velocity, with higher quality and with security built in.
Additionally, scrum development is an Agile software development methodology that is typically used for developing software based on an iterative, continuous testing, and incremental processes, which makes it adaptable and fast.
Read more on DevOps here: brainly.com/question/24306632
#SPJ1
An example of a lifecycle fund is a fund that
Initially invests in conservative securities, then changes to invest in more risk-oriented securities as time goes by.
Has principal protection as its main objective.
Assists investors with planning for retirement by a specific date.
None of these is an example of a lifecycle fund.
Invests in shares of other mutual funds in order to increase diversification and asset allocation.
An example of a lifecycle fund is a fund that Initially invests in conservative securities, then changes to invest in more risk-oriented securities as time goes by.
A lifetime fund is a comprehensive investing choice that provides you with a diverse portfolio with just an asset allocation tailored to the year you anticipate retiring. The majority of lifecycle funds employ the "fund of funds" concept, which involves investing in other mutual funds.
Although the risk varies by the fund, target date or lifecycle investments can be thought of as low-risk investments. Any stock market investment carries some risk. The funds' ability to generate large returns by the target date is not guaranteed.
For instance, a life-cycle plan with the number "2050" in its name presumes that the investor intends to retire around that time. Over time, the fund's assets will gradually move toward investments that are more conservative.
Learn more about the lifecycle fund here:
https://brainly.com/question/29673704
#SPJ4
Knowledge is the basis of the entrepreneurial resource.
True
False
The entrepreneurial resource's foundation is knowledge. It is difficult to learn from a textbook the knowledge required to create innovation. Demand uncertainty is a problem for early adopters.
What is knowledge based concept in entrepreneurship?An efficient way to turn information into innovation is through knowledge-based entrepreneurship. New information produced through several sources, which is characterized by an intense use of knowledge and innovative activity, is essential to the development of new ideas. It's not true for business owners that "they will always make a profit." Saying they are always profitable is untrue.
The capacity to spot opportunities is one of the biggest advantages of studying innovation and entrepreneurship. Studying entrepreneurship focuses on using one's knowledge and abilities to take advantage of business opportunities. Analyzing a company's plans, methods, etc. in order to estimate its value.A knowledge-based system (KBS) is an application of artificial intelligence (AI) that tries to synthesize the knowledge of subject matter experts to assist in decision-making.
Therefore the correct answer is true .
To learn more about entrepreneur refer to :
https://brainly.com/question/353543
#SPJ4
if your company has a sales budget of $3 million and drops it to zero, in that year,
If your company has a sales budget of $3 million and drops it to zero, in that year, than accessibility will drop by one-third in that year.
A sales budget is a fiscal strategy that shows the whole income of a business over a provided period of time. To forecast the performance of the company, it relies on two factors: the volume of goods sold and the cost at that they are supplied.
Business accessibility relates to how easily customers and staff may use the firm's premises, activities, and goods. To contact quite so many individuals as feasible and guarantee fruitful connection with customers, a high level of company accessibility is essential.
To learn more about sales budget here
brainly.com/question/14346747
#SPJ4
Courts do not depart from precedents.
True/False
The statement is False. Judgments are only legally binding for the particular case of the civil law system.
Civil regulation is a legal gadget originating in mainland Europe and adopted in a lot of sectors. The civil law system is intellectualized inside the framework of Roman law, with center principles codified into a referable device, which serves as the primary source of law. The civil law gadget is regularly contrasted with the commonplace law gadget, which originated in medieval England.
While civil law takes the form of criminal codes, the regulation in commonplace law structures historically got here from uncodified case regulation that arose as a result of judicial choices, recognizing prior court selections as legally-binding precedents.
Traditionally, a civil regulation is the organization of prison thoughts and systems ultimately derived from the Corpus Juris Civilis, however closely overlain by way of Napoleonic, Germanic, canonical, feudal, and neighborhood practices, as well as doctrinal strains which include natural law, codification, and legal positivism.
To learn more about The civil law system visit here:
brainly.com/question/17401795
#SPJ4
We sold $50,000 on account to a customer with terms 2/10, n/30. The customer paid the invoice in 30 days. What is the journal entry to record the payment?
The journal entry to record the payment is cash debited by $50,000, Cash discount forfeited credited by $5000 and Accounts Receivable credited by $45,000.
What is 2/10 net 30?
2/10 net 30 is a trade credit extended to the buyer from the seller. A buyer will receive a 2% discount on the net amount if they pay the invoice in full within the first ten days of the invoice date. Otherwise, the full invoice amount is due in 30 days without a discount. These terms are specific to the 2/10 net 30 discount.
The journal entry is mentioned as below:-
Account Debit Credit
Cash $50,000
Cash discount forfeited $5000
Accounts Receivable $45,000.
Learn more about journal entry here:
https://brainly.com/question/20421012
#SPJ1
