Answer:
To Capitalize or Expense
a. Expense
b. Expense $2,700 Capitalize $2,700
c. Capitalize
d. Expense
e. Capitalize
f. Capitalize
Explanation:
1) Data and Analysis:
a. Maintenance Expense $1,200 Cash $1,200
b. Rent Expense $2,700 Prepaid Rent $2,700 Cash $5,400
c. Equipment $2,000 Cash $2,000
d. Building Repair Expense $20,000 Cash $20,000
e. Equipment Extension $1,600 Cash $1,600
f. Patent $5,000 Cash $5,000
2) All costs incurred for a period are expensed in the period in which the resources are consumed. If the resources will not be consumed in a period, the costs are capitalized. Such costs are then expensed periodically through depreciation (for tangible assets), amortization (for intangible assets), or depletion (for acquired natural resources).
Identify the term being described for each of the following: A - sequence of activities in a project. B - The longest time sequence of activities in a project C - Used when two activities have the same starting and finishing points. D - The difference in time length of any path and the critical path. E - The statistical distribution used to describe variability of an activity time. F - The statistical distribution used to describe path variability an activity by allocating additional resources.
Answer: See explanation
Explanation:
A - sequence of activities in a project. = A path
B - The longest time sequence of activities in a project = Critical path
C - Used when two activities have the same starting and finishing points. = Critical activity
D - The difference in time length of any path and the critical path. = The path slack
E - The statistical distribution used to describe variability of an activity time. = Beta distribution.
F - The statistical distribution used to describe path variability an activity by allocating additional resources. = Normal distribution
Patents are on the books of a British subsidiary of a U.S. firm at a value of 50,000 pounds. The patents were acquired in 2017 when the exchange rate was 1 pound = $1.50. The British subsidiary was acquired by the U.S. firm in 2019 when the exchange rate was 1 pound = $1.40. The exchange rate on December 31, 2020, the date of the most current balance sheet, is 1 pound = $1.55. The average rate of exchange for 2020 is $1.53. Assuming the dollar is the functional currency of the subsidiary, what exchange rate will be used to re-measure patents for the consolidated statements dated December 31, 2020?
Answer:
The exchange rate that will be used to re-measure patents for the consolidated statements dated December 31, 2020 is:
= 1 pound = $1.55.
Explanation:
a) Data and Calculations:
Patents on the books of a British subsidiary = 50,000 pounds
Patent's acquisition date = 2017 at 1 pound = $1.50
Subsidiary's acquisition date = 2019 at 1 pound = $1.40
Current exchange rate, most current balance sheet on December 31, 2020 = 1 pound = $1.55.
Average rate of exchange for 2020 is $1.53
Value of Patent for the consolidated accounts = $77,500 (50,000 pounds * $1.55)
b) The accounting standard rule is that assets and liabilities of subsidiaries should be consolidated at the current exchange rates. Business transactions are translated at the average rate of exchange for the year. For equity accounts, you can use either the current or historical exchange rates.
Accounts Randall Company estimates its bad debts expense by aging its accounts receivable and applying percentages to various age groups of the accounts. Randall calculated a total of $3,000 in possible credit losses as of December 31. Accounts Receivable has a balance of $128,000, and the Allowance for Doubtful Accounts has a credit balance of $500 before adjustment at December 31. What is the December 31 adjusting entry to provide for credit losses
Answer:
Explanation:
The journal entry will be:
Debit: Bad debt expense $2500
Credit: Allowance for doubtful $2500
Then, we will calculate the net amount of account receivable that should be included in current assets which will be:
Account receivable = $128000
Less: Allowance for doubtful = $500 + $2500 = $3000
Net amount of account receivable = $125000
MM Proposition II with taxes: Group of answer choices explains how a firm's WACC increases with the use of financial leverage. reveals how utilizing the tax shield on debt causes an increase in the value of a firm. supports the argument that business risk is determined by the capital structure employed by a firm. supports the argument that the cost of equity decreases as the debt-equity ratio increases. reaches the final conclusion that the capital structure decision is irrelevant to the value of a firm.
Answer:
explains how a firm's WACC increases with the use of financial leverage.
Explanation:
According to the MM Proposition II with taxes, the cost of equity rises with the increases use of debt in the capital structure of a firm.
[tex]r_{e}[/tex] = [tex]r_{o} +( r_{o} - r_{d} )[/tex] × [tex]\frac{D}{E}[/tex]
As cost of equity increases, the firm's WACC increases also
The MM Proposition I with taxes reveals how utilizing the tax shield on debt causes an increase in the value of a firm
Ray's Pizzeria is considering the addition of a 5th worker if this increases profit. Pizza sales increased from 300 per day to 360 per day when the 4th worker was added, indicating that the marginal product of the 4th worker was equal to blank1 - Numeric Answer Type your answer here Please type your answer to submit pizzas. If adding a 5th worker increases sales from 360 to 400, the marginal product of the fifth worker is blank2 - Numeric Answer Type your answer here pizzas.
Answer:
60 pizzas
40 pizzas
Explanation:
Marginal product measures the change in output as a result of a change in input by one unit
Marginal product = change in output / change in input
Marginal product for the 4th worker
Change in output = 360 - 300 = 60 pizzas
Change in input = 4 - 3 = 1 worker
Marginal product = 60 / 1 = 60
Marginal product for the 5th worker
Change in output = 400 - 360 = 40 pizzas
Change in input = 5 - 4 = 1
Marginal product = 40 / 1 = 40
It can be seen that marginal product decreased from 60 to 40 when the 5th worker was added. This illustrates diminishing marginal returns.
The law of diminishing returns says as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.
UML Inc. issued 9% bonds on January 1, 2021. The bonds have a maturity date of December 31, 2024 and a face value of $500,000. UML Inc. issued the bonds for $483,842. For bonds of similar risk and maturity the market yield was 10%. Interest is paid semiannually on June 30 and December 31, beginning June 30, 2021. What is the outstanding balance (book value) of the bonds as of December 31, 2021
Answer:
The outstanding balance (book value) of the bonds as of December 31, 2021 is $480,542.41.
Explanation:
Note: See the attached excel file for the amortization schedule used in calculating the outstanding balance (book value) of the bonds as of December 31, 2021 (in bold red color).
From the attached amortization schedule, we have:
December 31, 2021 Closing book balance = December 31, 2021 Beginning book balance - December 31, 2021 Discount Amortized = $480,542.41
Therefore, the outstanding balance (book value) of the bonds as of December 31, 2021 is $480,542.41.
Zoom Enterprises expects that one year from now it will pay a total dividend of million and repurchase million worth of shares. It plans to spend million on dividends and repurchases every year after that forever, although it may not always be an even split between dividends and repurchases. If Zoom's equity cost of capital is and it has million shares outstanding, what is its share price today?
Answer:
The share price is $15.67 per share
Explanation:
The above mentioned question is missing few components. I have added them to explain on how the question would be solved if all the variables were provided. Please note the additions in bold text below. The answer of which is given afterwards.
Zoom Enterprises expects that one year from now it will pay a total dividend of $4.7 million and repurchase $4.7 million worth of shares. It plans to spend $9.4 million on dividends and repurchases every year after that forever, although it may not always be an even split between dividends and repurchases. If Zoom's equity cost of capital is 12.5% and it has $4.8 million shares outstanding, what is its share price today?
Solution mentioned below:
First we calculate the value of the enterprise by dividing the amount planned to be spent on dividends from cost of capital.
= $9.4 million / 0.125
= $75.2 million
Now to calculate price per share we divide the Enterprise value from the share outstanding.
= $75.2 million / $4.8 million
= $15.67 per share
Cora purchased a hotel building on May 17, 2020, for $3,000,000. Determine the cost recovery deduction for 2021. a.$76,920 b.$69,000 c.$48,150 d.$59,520
Answer: $76920
Explanation:
Firstly, we should note that the hotel building is simply non residential and then qualifies to be part of 39 year property.
Then, the cost of recovery will be:
= 1/39 × Cost of the hotel
= 1/39 × $3,000,000
= $76,920
Therefore, the cost recovery deduction for 2021 is $76,920
Abeis typically scheduled to operate 3machines at his workstation for 10 hours per day, 4 days per week. During every 10 hours of scheduled work, Abetakes 75minutesof break.Hemust perform 30minutes of maintenance on each machine (separately) during every 10 hours of scheduled work. Abeis unableprocess work while heis performing maintenance.1.What is theworkstation utilization
Patients use a self-serve kiosk to confirm their arrival at an outpatient clinic. They then proceed to the receptionist to update any personal information. After that, a nurse will record the patient's vital signs. A physician will then consult with the patient and prescribe appropriate treatments. The patient will then visit the checkout station to settle payment and schedule the next appointment, if needed. Processing times and other information on the process are presented in the table below:
Resource Process Processing time (minutes per patient) Number of workers Wage rate ($per hour)
Self-service Check in 1 n/a n/a
Receptionist Update information 5 2 15
Nurse Record vital signs 10 3 30
Physician Treat patient 30 5 100
Checkout Collect payment 10 2 15
Required:
What is the labor content?
The labor content will be 55 minutes per patient.
What is labor?In an economy, labor is related to the tangible, intellectual, and psychological effort required to generate goods and services.
The utilization of labor is done in four processes which include-
information updaterecording vital signstreating the patientpayment collection
The calculation of labor content is based on the above-mentioned process time done by workers.
Labor content =5+10+30+10
=55 minutes
Therefore, labor content will be 55 minutes per patient.
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Karen owns a designer clothing store in a small town. Since her store is the only store that offers designer outfits, she charges high prices for them. In the same town, another store deals in similar apparels but offers them at cheaper rates. Karen wants to maintain the exclusivity of her store. She is planning to slash prices. This move may incur losses. However, she is determined to give a tough competition to her competing store and ensure that it goes out of business.
Answer:
Antitrust law
Explanation:
The government uses Antitrust laws to prevent creation of monopolies. These laws ensure that no single firm prevents competition unreasonably. So, Karen's action of cutting down prices to eliminate the competitor will come under government scrutiny.
Billy Dan and Betty Lou were recently married and want to start saving for their dream home. They expect the house they want will cost approximately $247,000. They hope to be able to purchase the house for cash in 12 years. To determine the appropriate discount factor(s) using tables, click here to view Tables I, II, III, or IV in the appendix. Alternatively, if you calculate the discount factor(s) using a formula, round to six (6) decimal places before using the factor in the problem.
Answer:
Billy Dan and Betty Lou have to invest $11,551 each year to purchase their dream home at the end of 12 years
Explanation:
The requirement of this is missing, that is provided below
How much will Billy Dan and Betty Lou have to invest each year to purchase their dream home at the end of 12 years? Assume an interest rate of 10 percent.
Use the following formula to calculate the amount of yearly investment.
Cost to purchase the house = Annual investment x ( 1 + Interest rate )^numbers of years ) - 1 ) / interest rate
Where
Cost to purchase the house = $247,000
Interest rate = 10%
Numbers of years = 12 years
Annual investment = ?
Placing values in the formula
$247,000 = Annual investment x ( 1 + 10% )^12 ) - 1 ) / 10%
$247,000 = Annual investment x 21.384284
Annual investment = $247,000 / 21.384284
Annual investment = $11,550.54
Annual investment = $11,551
Hence, they have to invest $11,551 each year to be able to purchase the house for cash in 12 years.
Transformational leaders enhance performance of employees by ________. Group of answer choices Restricting creativity among employees Focusing on short-term goals for employees Instilling pride in employees and gaining their respect and trust Establishing goals, roles, and requirements
Answer:
gaining their respect and trust establishing goals roles and requirements
Hernandez Company has 350,000 shares of $10 par value common stock outstanding. During the year, Hernandez declared a 10% stock dividend when the market price of the stock was $30 per share. Four months later Hernandez declared a $.50 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by:_______.
a. $1,242,500.
b. $525,000.
c. $192,500.
d. $175,000.
Answer:
b. $525,000.
Explanation:
Dividends distributions are always made out of the distributable profits found in the Retained Earnings.
The first step thus is to calculate the amount of dividends distributed.
1st Declaration :
Dividends = 350,000 shares x $10 x 10% = $350,000
2nd Declaration :
Dividends = 350,000 shares x $0.50 = $175,000
Therefore,
Total Dividends = $350,000 + $175,000 = $525,000
Conclusion :
As a results of the dividends distribution, retained earnings decreased by $525,000.
Item1 5 points eBookPrintReferencesCheck my workCheck My Work button is now enabled2Item 1 Problem 2-26A Journal Entries; T-Accounts; Financial Statements [LO2-1, LO2-2, LO2-3, LO2-4, LO2-5, LO2-6, LO2-7] Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. The company uses a job-order costing system and applies manufacturing overhead cost to jobs on the basis of direct labor-hours. Its predetermined overhead rate was based on a cost formula that estimated $378,000 of manufacturing overhead for an estimated allocation base of 900 direct labor-hours. The following transactions took place during the year (all purchases and services were acquired on account): a. Raw materials purchased for use in production, $285,000. b. Raw materials requisitioned for use in production (all direct materials), $270,000. c. Utility bills were incurred, $76,000 (85% related to factory operations, and the remainder related to selling and administrative activities). d. Salary and wage costs were incurred:
Answer:
journal entries:
raw materials 285,000 debit
Account Payable 285,000 credit
--to record purchase of materials--
Work in Process Inventory 270,000 debit
Raw Materials 270,000 credit
--to record use of direct materials--
Factory overhead 64,600 debit
Utilities Expense 11,400 debit
Utilities Payable 76,000 credit
--to record incurred utilities in plant and non-manufacturing departments--
Explanation:
We record the journal entries considering that debit = credit
(a) as the business didn't pay cash we use account payable account
(b) we transfer the used amount of materials into WIP inventory
(c) we calculate the proportional use for factory and non-manufacturing departments
76,000 x 85% = 64,600
76,000 x 15% = 11,400
Logan, a 50% shareholder in Military Gear Incorporated (MG), is comparing the tax consequences of losses from C corporations with losses from S corporations. Assume MG has a $116,000 tax loss for the year, Logan's tax basis in his MG stock was $158,000 at the beginning of the year, and he received $83,000 ordinary income from other sources during the year. Assuming Logan's marginal tax rate is 24 percent, how much more tax will Logan pay currently if MG is a C corporation compared to the tax he would pay if it were an S corporation?
Answer:
$13,920
Explanation:
Calculation to determine how much more tax will Logan pay currently if MG is a C corporation compared to the tax he would pay if it were an S corporation
First step is to calculate what Logan's pay, if MG is a C corporation
Logan's pay, if MG is a C corporation =($83,000*24%)
Logan's pay, if MG is a C corporation = $19,920
Second step is to calculate Logan's pay, if MG is a S Corporation
Logan's pay, if MG is a S Corporation =[($83,000-$58,000)*24%]
($116,000*50% = $58,000)
Logan's pay, if MG is a S Corporation=$6,000
Now let calculate how much more tax will Logan pay currently
Logan pay currently = ($19,920-$6,000)
Logan pay currently = $13,920
Therefore how much more tax will Logan pay currently if MG is a C corporation compared to the tax he would pay if it were an S corporation will be $13,920
Assume that you have entered into a fixed for fixed currency swap agreement under which every 6 months you agree to pay 3% on a notional of 110M USD and receive 4% on a notional of 100M EUR. On the date you signed the contract the spot exchange rate is 1.1 USD/EUR. Six months later the spot exchange rate is 1.05 USD/EUR. Your actual payment net of what you receive at the first payment date equals to :__________
Answer: -0.55M USD
Explanation:
The payment made will be:
= 3%/2 × 110M USD
= 0.03/2 × 110M USD
= 1.65M USD
The amount received will be:
= 4%/2 × 100M EUR
= 2% × 100M EUR
= 0.02 × 100M EUR
= 2M EUR
Since exchange rate = 1.1 USD/EUR
2M EUR = 2 × 1.1 = 2.2M USD
Therefore, net payment will be:
= 1.65M - 2.2M
= - 0.55M USD
is trading at 54.33. You decide to short sell 100 shares of their stock, providing 3100 in collateral to your broker. You hold the short position for one year and expect Comcast to pay a dividend of 1 per share. In one year, the stock price is 44. Assuming the brokerage account pays no interest on your cash, what is your return, relative to your collateral
Answer: 30.1%
Explanation:
Return = (Value of stock when shorted - Dividend - Value of stock when returning stock)/Capital employed
Dividend = 100 shares * $1 per share
= $100
Dividends are subtracted because they are owed to the shareholders the stock was borrowed from.
Value of stock when shorted = 54.33 * 100 = $5,433
Value of stock when returning stock = 44 * 100 = $4,400
= (5,433 - 100 - 4,400) / 3,100
= 30.1%
The units of an item available for sale during the year were as follows:
Jan. 1 Inventory 1,000 units at $120
Feb. 17 Purchases 1,375 units at $128
July 21 Purchases 1,500 units at $136
Nov. 23 Purchases 1,125 units at $140
There are 1,200 units of the item in the physical inventory at December 31. The Inventony periodic inventory system is used.
a. Determine the inventory cost by the first-in, first-out method.
b. Determine the inventory cost by the last-in, first-out method.
c. Determine the inventory cost by the weighted average cost method.
Answer:
FIFO LIFO Weighted Average
Inventory cost = $167,700 $145,600 $157,800
Explanation:
a) Data and Calculations:
Jan. 1 Inventory 1,000 units at $120 $120,000 $120,000
Feb. 17 Purchases 1,375 units at $128 176,000 296,000
July 21 Purchases 1,500 units at $136 204,000 500,000
Nov. 23 Purchases 1,125 units at $140 157,500 657,500
Dec. 31 Total units 5,000 $657,500
Dec. 31 Inventory 1,200
Dec. 31 Units sold 3,800
Inventory cost by:
FIFO ( first-in, first-out method)
July 21 Purchases 75 units at $136 $10,200
Nov. 23 Purchases 1,125 units at $140 157,500
Dec. 31 Inventory 1,200 $167,700
LIFO (last-in, first-out method)
Jan. 1 Inventory 1,000 units at $120 $120,000
Feb. 17 Purchases 200 units at $128 25,600
Dec. 31 Inventory 1,200 $145,600
Weighted-Average Cost Method
Total cost of goods available/Total units available for sale
= $657,500/5,000
= $131.50 per unit
Inventory cost = $157,800 ($131.50 * 1,200)
A consumer's need to apply for a loan is escalated to a motive under which of the following conditions.
A. Crisis
B. The need is aroused to sufficient level of intensity
C. Pressure
D.Seeking satisfaction
A consumer's need to apply for a loan is escalated to a motive under The need is arous - ed to a sufficient level of intensity. Thus option B is correct.
Who are consumers?A customer is a person or an organization that is not directly involved in commercial or company performance and who expects to order or uses purchased items, commodities, or resources primarily for their personal, societal, family, or home needs.
When a need is sufficiently sparked, it transforms into a purpose. A need is a customer's perception of a certain benefit of a commodity or a service, whether the value is practical or emotional.
A person is constantly in need of many things. Some of these are emotional, while others are natural. That whenever a need is sufficiently sparked, it develops into a motive. Therefore, option B is the correct option.
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1. A deposit of $100,000 is made to an investment account today. At the end of each of the next four years, $5000 must be paid out to a beneficiary, and the account liquidated at the end of year four. If the liquidation value is $100,000 the account has earned an annual internal rate of return of
Answer: 5%
Explanation:
Use an Excel worksheet to determine the internal rate of return:
Investment or Cost = $100,000. This will be negative in the computation.
Cashflow = $5,000 per year
Fourth year cashflow = 5,000 + liquidation value = $105,000
IRR = 5%
The management of Gibraltar Brokerage Services anticipates a capital expenditure of $26,000 in 2 yr for the purpose of purchasing new computers and has decided to set up a sinking fund to finance this purchase. If the fund earns interest at the rate of 11%/year compounded quarterly, determine the size of each (equal) quarterly installment that should be deposited in the fund. (Round your answer to the nearest cent.)
Answer:
$2,949.91.
Explanation:
The size of the quarterly installment can be determined by finding the (Payment) PMT amount using tie value of money principles.
Here I used a financial calculator to set my values and calculate PMT as :
PV = $0
N = 2 x 4 = 8
P/yr = 4
I = 11 %
FV = $26,000
PMT = ?
Therefore the (Payment) PMT is $2,949.91. The size of each (equal) quarterly installment should be $2,949.91.
Gentleman Gym just paid its annual dividend of $3 per share, and it is widely expected that the dividend will increase by 5% per year indefinitely. a. What price should the stock sell at if the discount rate is 15%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What price should the stock sell at if the discount rate is 12%.
Answer and Explanation:
The computation of the price that should be sell is shown below:
As we know that
Price = dividend × (1 + growth rate) ÷ (discount rate - growth rate)
a. The price is
= $3 × 1.05 ÷ (15% - 5%)
= $31.50
b. Now the price is
= $3 × 1.05 ÷ (12% - 5%)
= $45
Hence, the above represent the answer in both the cases.
g Pix Company has the following production data for March: no beginning work in process, units started and completed 29,000, and ending work in process 3,300 units that are 100% complete for materials and 40% complete for conversion costs. Pix uses the FIFO method to compute equivalent units. If unit materials cost is $7 and unit conversion cost is $10. The total costs to be assigned are $529,300, prepare the cost section of the production cost report for Pix Company using the FIFO approach.
Answer:
Pix Company
Production cost report - extract
Outputs
Units Costs
Costs assigned to completed units 29,000 $493,000
Units Still in Process 3,330 $36,630
Total 32,330 $529,630
Explanation:
Step 1 : Equivalent Units of Production
Materials
To Finish Work in Process 0
Started and Completed (29,000 x 100%) 29,000
Ending Work in Process (3,330 x 100%) 3,330
Equivalent units of Production in Materials 32,330
Conversion Costs
To Finish Work in Process 0
Started and Completed (29,000 x 100%) 29,000
Ending Work in Process (3,330 x 100%) 1,332
Equivalent units of Production in Materials 30,332
Step 2 : Costs assigned to completed units and units still in process
Costs assigned to completed units = Units Completed x total units cost
= 29,000 x $17
= $493,000
Units Still in Process = Materials Cost + Conversion Costs
= 3,330 x $7 + 1,332 x $10
= $36,630
Labor unions are organizations of employees formed to protect and advance their members' interests by bargaining with management over job-related issues.
a. True
b. False
Answer:
I think that the correct answer is True
This year Randy paid $28,900 of interest on his residence. (Randy borrowed $462,000 to buy his residence, and it is currently worth $512,000.) Randy also paid $2,800 of interest on his car loan and $4,650 of margin interest to his stockbroker (investment interest expense). How much of this interest expense can Randy deduct as an itemized deduction under the following circumstances
Answer:
a. Interest Deductible = $31,100
b. Interest Deductible = $28,900
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
This year Randy paid $28,900 of interest on his residence. (Randy borrowed $462,000 to buy his residence, and it is currently worth $512,000.) Randy also paid $2,800 of interest on his car loan and $4,650 of margin interest to his stockbroker (investment interest expense). How much of this interest expense can Randy deduct as an itemized deduction under the following circumstances?
a. Randy received $2,200 of interest this year and no other investment income or expenses. His AGI is $75,000.
Interest Deductible $.......
b. Randy had no investment income this year, and his AGI is $75,000.
Interest Deducttible $.......
The explanation of the anwer is now given as follows:
a. Randy received $2,200 of interest this year and no other investment income or expenses. His AGI is $75,000.
Randy may choose to deduct the interest of $28,900 on his residence as an itemized deduction.
The $2,800 of interest on his car loan is a nondeductible personal interest.
The $2,200 interest income received can be regarded as an investment income.
The $4,500 margin interest to his stockbroke is likely investment interest. But since Randy has only $2,200 interest income, his deduction is limited to the $2,200.
Therefore, we have:
Interest Deductible = Interest on his residence + $2,200 = $28,900 + $2,200 = $31,100
b. Randy had no investment income this year, and his AGI is $75,000.
Since there is no investment income, Randy can only dedcut the interest of $28,900 on his residence based on the explanation in part a above.
Therefore, we have:
Interest Deductible = $28,900
Bummerland finds itself in a recession caused, as assumed in class, a sticky nominal (money) wage (W) which is too high to clear the labor market.
Bummerland has a Treasury and a "Federal Reserve" (called the Bummerb¬ank). At a meeting of officials of both agen¬cies, various antirecess¬ionary policies are considered. The economic staffs of both agencies are seriously split on issues such as how interest sensitive investment is and how interest sensitive the demand for money is. However, they are in agreement that the marginal propensity to consume (b) is .75 and the marginal propensity to hold cash (k) is .2. Bummerland has banks, but the reserve requirement is 100%, so they don't create money.
Debate has narrowed to four prospective policies. Your as¬signment is: (1) illustrate these policies using IS,LM diagrams; (2) compare as completely as possible ( if you can't, you must explain what additional information would be required ) the effects of these policies on Y*, r, I*, the real wage, and unemployment. Class format is strongly encour¬aged.
Here are the four policies: (1) a $50 billion increase in the money supply by means of open market opera¬tions; (2) a $50 billion increase in the money supply to be introduced by reducing tax collections; (3) a $50 billion increase in the money supply to be introduced through government spending; (4) a $50 billion increase in unemployment benefits paid for with a tax increase.
Answer:
is this a book if so send me a link
Explanation:
Explain how planning involves making decisions today that will have an impact later.
Planning is figuring out what you will do and when. If you plan to play video games instead of doing homework, then tomorrow at school you will get in trouble. If you plan on dropping out of high school, later in life you will not be able to get as many jobs.
Answer: Decision making is the core of planning. Unless a decision has been made, a plan cannot be implemented in the field. ... Decisions can be made without planning but planning cannot be done without making decisions. Planning can be defined as the process of selecting a future course of action.\
Core Corporation reported current earnings and profits of $250,000. Core distributed a building with an adjusted basis of $170,000 and a fair market value of $230,000 to its sole shareholder. The building had a mortgage of $90,000, which the shareholder will assume. What is the amount of the dividend received by the shareholder?
A. $80,000.
B. $140,000.
C. $230,000.
D. $250,000.
Answer:
B. $140,000
Explanation:
The total cost of acquiring an asset, including the installation, commission, transportation and other relevant fees is known as adjusted basis. The fair market value is the value an asset would yield when sold. It is an amount that would be received in return when an asset is sold.
Therefore, the shareholders would receive dividend at the fair market value adjusted for the mortgage balance
= $230,000 - $90,000
= $140,000
How can students experience "free rider" problems at school?
CHOOSE ALL THAT APPLY
Students who copy others students' homework.
Students who don't do their fair share of work on a group project, but expect to get the same grade as students who worked hard on the project.
Students who cheat off of a others student during an exam.
Answer:
All of the above
Explanation:
these are all reasons on how you can experience being a free rider
