in exhibit 11-6, if the aggregate demand curve is at ad 2, the government should: a. raise taxes to move to ad1. b. cut spending to move to ad3. c. cut taxes to move to ad3. d. not change its policy.
Answers
In Exhibit 11-6, if the aggregate demand curve is at AD2, the government should not change its behavior. Option D is the correct answer.
The demand and supply of every item and service an economy produces are the main topics of discussion in macroeconomics. As a result, aggregate demand refers to the total demand for all individual commodities and services. An economy's overall supply and demand can be shown as a time line, a curve, or an algebraic equation, much like the demand and supply of particular commodities and services. Option D is the correct answer.
The whole supply and total demand in an economy at a specific point in time and a specific price threshold are known as aggregate supply and aggregate demand. The entire quantity a country produces and sells is its gross domestic product (GDP), which is referred to as aggregate supply. The curve representing overall demand for products and services at various prices is known as the aggregate demand curve. Option D is the correct answer.
The complete question is, "In Exhibit 11-6, if the aggregate demand curve is at AD2, the government should:
a. raise taxes to move to AD1.
b. cut taxes to move to AD3.
c. cut spending to move to AD3.
d. not change its behavior.
e. cut taxes to move to AD3."
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Related Questions
Christine's total monthly expenses typically amount to $1,800. About $50 of these expenses are work related. Her employer provides disability insurance coverage of $600 per month. How much individual disability insurance should Christine purchase?
Answers
Answer:
She should purchase a disability insurance if $1,150
Explanation:
To calculate the amount of individual disability insurance she should purchase, we use the mathematical equation below;
Required amount of disability insurance = Monthly income - work related expenses- Employer’s contribution
From the question
Monthly income = $1800
Work related expenses = $50
Employer’s contribution = $600
Substituting these values, we have;
1800-50-600 = $1,150
Soft skills 2 sentences that will help
Answers
Answer:
Include the terms most closely related to the job in your resume, especially in the description of your work history. Highlight Skills in Your Cover Letter: You can incorporate soft skills into your cover letter. Include one or two of the skills mentioned here, and give specific examples of instances when you demonstrated these traits at work
Explanation:
True or False: The income statement records all the revenues and expenses for a given period and shows whether the firm is making a profit or is experiencing a loss.
Answers
The given statement is true becasue the income statement records all the revenues and expenses for a given period and shows whether the firm is making a profit or is experiencing a loss.
The income statement is a financial statement that summarizes a company's revenues and expenses over a specific period of time, usually a quarter or a year. It shows the company's profitability by subtracting expenses from revenues. If the result is a positive number, the company is making a profit, and if the result is negative, the company is experiencing a loss.
The income statement is a critical financial statement that helps investors, creditors, and management evaluate the company's performance and financial health.
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Why does a price ceiling set below
the equilibrium price result in a shortage?
Answers
Answer:
Price ceilings are enacted in an attempt to keep prices low for those who demand the product—be it housing, prescription drugs, or auto insurance. But when the market price is not allowed to rise to the equilibrium level, quantity demanded exceeds quantity supplied, and thus a shortage occurs.
Create an amortization schedule and answer the following questions for a $750,000 30-year fixed-rate, constant-payment mortgage that is partially-amortizing with a balloon payment of $150,000. The contract interest rate is 3.50% with monthly payments. Up-front fees on the loan equal 2.0% and there is no pre-payment penalty.
a) What is the annual percentage rate (APR) for the loan?
b) What is the effective interest rate (EIR) on the loan if prepaid at the end of year 8?
c) What is the EIR if the loan is prepaid at the end of year 8 and there is a 3%
prepayment penalty? (Hint: the prepayment penalty is 3% of the remaining balance)
Answers
Amortization Schedule: An amortization schedule is a table that shows the balance, payment, and interest for a mortgage or other loan over a period of time.
The amortization schedule shows the amount of each payment that is applied to the interest and the principal. What is the annual percentage rate (APR) for the loan? Here are the steps to calculate the annual percentage rate (APR) for the loan Determine the monthly payment Monthly payment for 30-year fixed rate mortgage with a balloon payment is calculated as follows PMT= r(PV) / (1 - (1 + r)^-n) + A(1 + r)^b Here, PV = present value = $750,000, r = monthly interest rate = 3.50%/12 = 0.0029167, n = number of months = 360 (30 years),.
A = balloon payment = $150,000, b = number of payments made before the balloon payment is due = 240 (20 years),PMT = 0.0029167(750,000) / (1 - (1 + 0.0029167)^-360) + 150,000(1 + 0.0029167)^240= $3,373.65 Determine the total cost of the loan Total cost of the loan is the sum of all the monthly payments and the upfront fees of the loan. Here are the steps to calculate the effective interest rate (EIR) on the loan if prepaid at the end of year 8 Determine the remaining balance after 8 years The remaining balance after 8 years can be found by using the amortization schedule. Remaining balance after 8 years = $542,719.95
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Click this link to view O‘NET's Work Styles section for General and Operations Managers. Note that common work
styles are listed toward the top and less common work styles are listed toward the bottom. According to O‘NET, what
are common work styles needed by General and Operations Managers? Select four options.
self control
curiosity
leadership
dependability
attention to detail
creativity
Answers
Answer:
Self control, leadership, dependability, attention to detail
Explanation:
The styles section for the general and operation managers lists are :
Self-control, leadership, dependability, attention to detail.What is a work style?A work style is a style that is followed for the purpose of work and includes logical reasoning, detail-oriented and supportive, and ideal oriented style. The operations manager's style includes self-control, leadership, and dependability plus attention to detail during work.
Find out more information about the work styles.
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What does the term marginal mean in economics an additional or extra?
Answers
Marginal in economics means having a bit extra or a bit much less of something. It refers back to the results of ingesting and/or generating one more unit of a very good or service.
The required details for Marginal Mean in given paragraph
Marginal manner will come up with the imply math rating for every institution on the identical age. In essence, it units Age at a regular fee earlier than calculating the imply for every curriculum. This offers you a fairer assessment among the 2 curricula. The marginal manner of reading approach are sincerely the manner of every degree of reading approach averaged throughout every degree of gender. For example, the marginal imply examination rating of college students who used approach 1 is calculated as: Marginal Mean of Technique 1: (79.5 + 88.3) / 2 = 83.9. Marginal in economics manner having a bit greater or a bit much less of something. It refers back to the consequences of ingesting and/or generating one more unit of a terrific or service.
Marginal advantage – is the alternate in overall personal advantage from one more unit. Marginal value – is the alternate in overall personal value from one more.
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a key factor in achieving good internal cross-unit coordination is
Answers
Effective communication is essential for developing good internal cross-unit cooperation.
For everyone to be on the same page, to have a shared understanding of goals and objectives, and to be able to work together to achieve them, there must be clear and timely communication across various divisions or departments within an organization.
The identification of possible areas of conflict or overlap, the ability to intervene early and resolve problems, and the facilitation of the exchange of information, resources, and best practices between various groups can all be facilitated by effective communication.
Additionally, by promoting teamwork, information sharing, and a feeling of shared purpose and accountability, having a culture of trust, respect, and collaboration can help encourage effective internal cross-unit coordination.
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Effective communication is essential for developing good internal cross-unit cooperation.
For everyone to be on the same page, to have a shared understanding of goals and objectives, and to be able to work together to achieve them, there must be clear and timely communication across various divisions or departments within an organization.
The identification of possible areas of conflict or overlap, the ability to intervene early and resolve problems, and the facilitation of the exchange of information, resources, and best practices between various groups can all be facilitated by effective communication.
Additionally, by promoting teamwork, information sharing, and a feeling of shared purpose and accountability, having a culture of trust, respect, and collaboration can help encourage effective internal cross-unit coordination.
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In the Challenge Solution, would it make a difference to the analysis whether the lump-sum costs such as registration fees are collected annually or only once when the firm starts operation? How would each of these franchise taxes affect the firm's long-run supply curve? The Federal Motor Carrier Safety Administration (FMCSA) along with state transportation agencies in 38 states administer interstate trucking licenses through a Single State Registration System. However, the registration process is complex, time consuming, and expensive. There are many fees and costly regulations that a trucker or firm must meet to operate. For example, for a large truck, the annual federal interstate registration fee can exceed $8,000. These largely lump-sum costswhich are not related to the number of miles drivenhave increased substantially in recent years. What effect do these new fixed costs have on the trucking market price and quantity? Are individual firms providing more or fewer trucking services? Does the number of firms in the market rise or fall? The Challenge Solution suggests the market price will increase and the market quantity will decrease. Further, the number of firms in the market will fall, although each firm remaining in the market will produce more. Instead of being collected annually, if the lump-sum costs are collected only once (when the firm starts operation), then
Answers
Answer:
The answer is "nothing changes because the fees would still be fixed costs."
Explanation:
When annual expenses throughout the cash payment are recovered, a long-term delivery curve of both the company will change.
When the lump sum costs are still only obtained once, the long-term supply curve shall be changed.
It is because, regardless of how it is paid, this tv license has little effect mostly on low cost but only a fixed cost. Its amount of output relies on how well the cost of the profit changes. Provided these are fixed costs, their performance doesn't matter.
if sales in 2003 were $300,000 and they grew to $500,000 by 2007 (a four-year period), the actual annual compound growth rate was:
Answers
The actual annual compound growth rate is ( $1.67)\(1/{4}\) - 1 .The mean annual growth rate of an investment over a defined time period longer than one year is known as the compound annual growth rate, or CAGR.
What is CAGR?The mean annual growth rate of an investment over a defined time period longer than one year is known as the compound annual growth rate, or CAGR. It stands for one of the most precise techniques to figure out returns for specific assets, investment portfolios, and anything else whose value can change over time.
Text CAGR is calculated as left(frac)V text finalV text beginRight.
^{1/t} - 1 \s\
CAGR stands for compound annual growth rate.
V text begin = initial value = $300,000
V text = the final value = $500,000
T equals time in years = 4 years
Then ( $500,000/300,000)\(1/{4}\) - 1
=( $1.67)\(1/{4}\) - 1 .
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To address a rise in the unemployment rate a government may:
A. Lower interest rate to allow businesses to borrow last money
B. Raise interest rates to allow businesses to borrow less money
C. Reduce the amount of money in circulation
D. Invest in programs that help people in need
Answers
Answer:
D
Explanation:
Invest in programs that will help people in need. By investing in these programs workers will need to be employed and trained to be able to help the people in need which will therefore create employment and address the rise in the unemployment rate.
The government may invest in programs that help for addressing a rise in the unemployment rate. Hence, Option D is correct.
What do you mean by unemployment rate?The unemployment rate can be referred to as the proportion of unemployed people in an economic system amongst people presently withinside the labor force.
The unemployment price can b calculated by expressing the number of unemployed people as a percentage of the entire amount of people withinside the labor force.
Hence, The government may invest in programs that help for addressing a rise in the unemployment rate. Option D is correct.
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the virtuous cycle of buyer-seller growth is a two-sided response area effect, which is a source of competitive advantage.
Answers
The assertion is untrue. A mutually advantageous relationship between customers and sellers that promotes ongoing growth and competitive advantage is known as the "virtuous cycle of buyer-seller growth." It has no direct connection to the so-called "two-sided response area effect."
Positive feedback loops, where pleased customers draw in more customers and enhance sales and revenue for sellers, define the virtuous cycle of buyer-seller growth. As a result, vendors are able to spend money on enhancing their goods or services, which boosts consumer happiness and expands the market. The cycle keeps going, strengthening the bond between buyers and suppliers and establishing a competitive edge through patronage, goodwill, and economies of scale. Successful companies that concentrate on their customers frequently experience the virtuous cycle of buyer-seller growth.
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Workplace CrossWord Help:
Engineering solution for keeping workers safe while operating equipment words
(13 Letter Word) —2(words)
Answers
Answer:
Hazard Control
Explanation:
Hazard control can be defined as the a worldwide accepted system that is setup by industries or companies to ensure the reduction or elimination of work hazards.
It is usually passed across to managers through training and the managers in turn ensure that the employees are trained as well thus ensuring that the practices become standard practices in the organization.
cheers
What are the six basic step of the problem solving process? HURRY I NEED THIS QUICK
WILL GIVE BRAINLIEST
Answers
Answer:
1) identify your problem: Try to describe the problem as much as possible, as opposed to focusing on the potential consequences or implications of the problem.
2) Pin point the problem
3) so that means you should do research based on the problem ^
4)Try evaluating the problem.. perhaps looking at it in perspective ^
5)see how the problem could affect you or others
6) Then work out a plan to solve the problem
Answer:
1) Identify the root problem
2) Identify the factors and causes
3) Generate alternative solutions
4) Decide on the best solution
5) Implement solution
6) Evaluate the results
Explanation:
A winning strategy must pass three tests:
1. The fit test.
• Does it exhibit good fit with the external and internal aspects of the firm's dynamic situation?
2. The competitive advantage test.
• Is it likely to result in a sustainable competitive advantage?
3. The performance test.
• Is it producing superior performance, as indicated by the firm’s profitability, financial and competitive strengths, and market standing?
Keeping what you read in mind, answer the following questions. Use AMAZON
1. How does Amazon utilize these strategies?
2. Discuss if Amazon is successful or not in how they implement their strategy.
3. If you could add one more strategy for this company, what would it be, and how would you implement and evaluate?
Answers
Amazon definitely uses best fit with market situations.
Amazon has a culture of testing ideas rigorously and then doubling down on the things that are effective. And as a company that’s not afraid to fail, and will put money on the line to develop a product or service, even if the product poses some risk of failing.
In an enterprise, an aggressive advantage is an attribute that lets an organization outperform its competition. A competitive advantage might also encompass getting entry to herbal sources, which include high-grade ores or a low-price electricity source, relatively skilled hard work, geographic area, excessive access barriers, and get entry to a new era and to proprietary information.
Competitive gain is the leverage an enterprise has over its competition. this may be won by way of providing clients with better and greater value. advertising services or products with decreased charges or better exceptional piques the interest of clients. that is the motive at the back of emblem loyalty, or why customers prefer one unique service or product over another. fee proposition is essential when know-how competitive gain.
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Maya is concerned about her credit problems and is worried
about the debt she's accumulated throughout college. Which
of the following strategies is the most advisable for Maya?
automatically apply for bankruptcy
immediately consolidate her loans
look for a reputable credit counselor
Answers
Answer:
C!
Explanation:
Debts are often referred to as money owed by individuals and they have no way to pay for it. The
best strategy that is the most advisable for Maya is to look for a reputable credit counselor
A credit counselor often tells an individual the right steps to take concerning any credit be it debt or any other things.If you can't make a payment or meet the options given, it is better to discuss payment options, contact your lenders to explain your situation or a credit counselor.
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Explain the impact of effective purchasing on an operation’s cash flow.
Answers
Answer:
Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.
The effective purchasing is very important to a small business. Purchasing is a key factor for any small business as it influence the performance at all levels.
When the supplies you purchase for consumption do not meet one's needs they will limit the efficiency of the operations you want to carry out and also cash flow in the organization or business. One must to create the right purchasing procedures and closely handle them.
Purchasing systems play an key role in controlling a company's cash outflows this is because they ensure that only the key purchases are made and that they are to be done at good or reasonable prices.
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Which of the following is TRUE about a lease agreement?
1- A lease is an agreement between you and your roommates that you submit to the
apartment owner.
2- You never have to pay any fees when you sign a lease. If you do, that means it is a
scam.
3- A lease often has information about your prior housing experience; it's a record that
the apartment owner can use to see if you are a good candidate
4- A lease is an agreement that includes details about rent, apartment policies, vacating,
etc.
Answers
Answer:
ok 2
Explanation:
An agreement is a legally enforceable agreement that creates and controls the obligations and duties of the parties involved. When an agreement fulfills the legal requirements, it is legally enforceable. A contract generally implies the trading, skills, currency, or a guarantee to transfer any of these.
The true statement about the lease agreement is 2- You never have to pay any fees when you sign a lease. If you do, that means it is a scam.
A lease agreement is a legal document that spells out the parameters on which a tenancy rents a home or business from an owner.
Lease agreements are considered as the lawful documents that spell out the tenant's and homeowner's duties and rights. Even if you're renting a room in a house to any of your friends or family members, you'll need a rental obligation to safeguard yourself ethically if you have issues with your occupants.
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Which of the following is true of an unsecured loan?
A. They are exclusively for cars, houses, and other large purchases
B. Collateral could be collected by the lender if the debt is not paid
C. They never have any interest added onto them
D. Items of value that the borrowers owns are not at risk of repossession
Answers
Answer:
B
Explanation:
The statement "The value of an item where the borrowers owned but they are not at the repossession risk" is to be true.
The unsecured loan is the type of loan in which there is no need for any type of collateral property.
The lender does not takes the assets of the borrower as the security but it gives the approval of an unsecured loan depends upon the creditworthiness of the borrower.
Examples are:
Personal loans.Students loans.Credit cards.The following information related to unsecured loans is
It does not for cars, houses, or any other large purchasesIn this, the collateral does not involve.It contains high interest.Therefore we can conclude that, option d is correct.
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The table below gives the prices in N$’s of the stalls as well as the number of stalls available at Windhoek Show grounds for 2015 and 2021. 2015 2021 Item Price (N$) Quantity Price (N$) Quantity Front stalls 2.50 14 4.65 19 Outdoor stalls 1.00 12 1.25 12 Indoor stalls 0.75 1 3.50 2 Grass area stalls 10.00 1 25.00 3 Required: i. Compute and interpret the unweighted aggregate quantity index. (5) ii. Compute and interpret the Laspeyres quantity index. (5) iii. Compute and interpret the Paasche quantity index. (5) iv. Compute and interpret the Paasche price index
Answers
The unweighted aggregate quantity index measures the change in the overall quantity of stalls available between 2015 and 2021. It is computed by summing the ratios of the quantities in 2021 to the quantities in 2015, and then dividing by the number of items.
How is the unweighted aggregate quantity index computed?The unweighted aggregate quantity index is computed by summing the ratios of the quantities in 2021 to the quantities in 2015, and then dividing by the number of items. Mathematically, it can be expressed as:
\text{Unweighted Aggregate Quantity Index} = \frac{\left(\frac{Q_1}{Q_0} + \frac{Q_2}{Q_0} + \ldots + \frac{Q_n}{Q_0}\right)}{n}
Where:
\(Q_0\) represents the quantities in 2015\(Q_1, Q_2, \ldots, Q_n\) represent the quantities in 2021\(n\) is the number of itemsThe interpretation of the unweighted aggregate quantity index is that it shows the average change in the quantity of stalls available from 2015 to 2021, without taking into account the prices of the stalls.
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first part
1--The cost of inventory that a business has sold to its customers is called _____________________.
2--What inventory system uses a computer system to keeping a running record of inventory on-hand?
3--Where is the Recovery Asset reported in accordance with GAAP?
4--Explain how sales are to be recorded under the new revenue recognition standard.
5--Lesley's Apparel offers its customers the right to return any products purchased up to 45 days after the sale, for any reason. Last Thursday, Lesley's Apparel sold 100 blue cardigans to a variety of customers. Historically (based on experience), Lesley (owner of Lesley's Apparel) expects 20 of those cardigans to be returned for a full refund. On average, Lesley sells a cardigan for $125 and pays $50 to produce a cardigan. Prepare the entries to record the sale of the cardigans and expected refund liability and corresponding asset in accordance with GAAP. You may use traditional journal entries or the accounting equation to illustrate your entries. Please support your answer with well-labeled computations so that we can understand how you determined the amounts posted here.
Answers
The Estimated Refund Asset is a contra-asset account that represents the expected refunds that will be made to customers.
1. The cost of inventory that a business has sold to its customers is called Cost of Goods Sold (COGS).
2. A perpetual inventory system uses a computer system to keep a running record of inventory on hand. This system continuously updates the inventory balance as purchases and sales are made in real-time.
3. The Recovery Asset is reported as an Asset on the balance sheet in accordance with Generally Accepted Accounting Principles (GAAP).
4. Under the new revenue recognition standard, sales are to be recorded when control of the goods or services has transferred to the customer, and the amount of revenue recognized should reflect the consideration the company expects to receive in exchange for the goods or services.
5. To record the sale of the cardigans and the expected refund liability, the following journal entries can be made:
a) Sales Revenue:
Debit: Accounts Receivable (100 cardigans x $125) = $12,500
Credit: Sales Revenue = $12,500
b) Cost of Goods Sold:
Debit: Cost of Goods Sold (100 cardigans x $50) = $5,000
Credit: Inventory = $5,000
c) Refund Liability:
Debit: Refund Liability (20 cardigans x $125) = $2,500
Credit: Estimated Refund Asset = $2,500
Note: The entries assume that Lesley's Apparel uses the accrual basis of accounting. The refund liability is recorded to account for the estimated returns based on historical experience. The Estimated Refund Asset is a contra-asset account that represents the expected refunds that will be made to customers.
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Q2) Consider the specific simplex tableau for a LPP: Max Z a) Identify the entering variable b) Identify the associated leaving variable.
Answers
a) The entering variable in the given simplex tableau for the linear programming problem (LPP) needs to be identified.
b) The associated leaving variable in the given simplex tableau for the LPP needs to be identified.
In the given simplex tableau for the linear programming problem (LPP), the entering variable is determined by selecting the column with the most negative coefficient in the objective row. This coefficient represents the contribution of each variable to the objective function. The entering variable is chosen to optimize the objective function and improve its value.
To identify the associated leaving variable, we look for the pivot element. The pivot element is determined by selecting the minimum positive ratio from the values obtained by dividing the right-hand side (RHS) of each constraint by the corresponding coefficient of the entering variable in the column.
The ratio indicates how much each constraint can be improved by the entering variable. The associated leaving variable is then determined by the row with the minimum positive ratio.
By performing these steps, we can identify the entering variable and the associated leaving variable in the given simplex tableau, which are crucial for the subsequent iterations in solving the linear programming problem.
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If you do not change your prices, how else might you convince customers to come to your station instead of the competition? (Provide at least 3 ideas).
Answers
Answer:
- Your product/service's special features.
- Show why your product/service has a better quality.
- If your product is similar to your competition, how your customer experience is superior.
Explanation:
Click this link to visit the O*NET page for the Athletic Trainers career. Scroll to the Wages & Employment link. According to O*NET, what is the projected growth for Athletic Trainers between 2012 and 2022?
average (10 to 19 percent)
faster than average (15 to 21 percent)
much faster than average (29 percent or higher)
slower than average (3 to 9 percent)
Answers
Answer:
much faster than average (29 percent or higher)
Explanation:
C
Answer:
C. much faster than average (29 percent or higher)
Explanation:
The gross requirements of a given part or component are determined from: Select one: a. planned order release of the immediate parent(s). O b. gross requirements of the immediate parent(s). c. planned order releases of the end iterlos e O d. net requirements of the end item. e. net requirements + amount on-hand.
Answers
The gross requirements of a given part or component are determined from the planned order release of the immediate parent(s). Option A
This means that the amount of the part or component needed is calculated based on the planned orders for the item's immediate parent(s).
For example, if a manufacturer is producing a bicycle and needs a certain number of wheels for each bike, the gross requirements for the wheels would be determined by the planned order releases for the frames, which are the immediate parents of the wheels.
It is important to note that gross requirements represent the total quantity needed, including any excess or safety stock. This is different from net requirements, which only take into account the amount needed to fulfill demand, after accounting for existing inventory and planned orders.
By using gross requirements, manufacturers can ensure that they have enough inventory on hand to meet demand and minimize the risk of stockouts or delays in production. It is a key component of effective production planning and inventory management. So the correct answer is Option A.
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*MUST BE AMBITIOUS OR BELOW FOR BRAINLIEST*
Free 100 points but pls be Ambitious or below.
Answers
Answer:
thanks I am ambitious
Explanation:
Answer:
Explanation:
I am Ambitious, Thank You.
why are changes in inventories included as investment
Answers
Changes in inventories are included as investment because they are a part of a company's overall capital expenditures. Inventories are goods that a company has produced but has not yet sold. When a company increases its inventories, it is investing in its future sales and profits.
This is considered a form of investment because it requires the company to spend money upfront in order to potentially make more money in the future. Additionally, changes in inventories can indicate changes in the overall health of a company.
An increase in inventories could indicate that the company is preparing for an increase in demand, while a decrease in inventories could indicate that the company is struggling to sell its products. Therefore, changes in inventories are an important aspect of a company's investment activities and are included in the calculation of investment.
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The account of ABC Corp. prepared a statement of affairs. Total assets which there are no claims or liens are expected to produce P2,100,000. Unsecured claims of all classes totaled to P3,150,000.
The following are claims deemed outstanding:
Accrued salaries. P45,000
Unrecorded note for P30,000, on which P1,800 of interest has accrued
A note for P90,000 secured by P120,000 receivable, estimated to be 60% collectible
A P45,000 note on which P900 interest has accrued with a property having book value of P30,000 and a market value of P54,000 is pledged to guarantee payment of principal and interest.
Unpaid income taxes of P105,000.
What is the amount realized by partially secured creditors?
Group of answer choices
P72,000
P83,700
P90,000
P83,160
Answers
So, the amount realized by partially secured creditors is -$6,000.
The amount realized by partially secured creditors can be calculated as follows:
Secured claims that are expected to be collected in full:
P90,000 secured by P120,000 receivable (60% collectible) = P90,000 x 60% = P54,000
P45,000 note secured by P30,000 property = P45,000
Unsecured claims that are expected to be collected in full:
Accrued salaries = P45,000
Unrecorded note for P30,000 (100% collectible) = P30,000
Unsecured claims that are partially collectible:
P105,000 unpaid income taxes = P105,000
The amount realized by partially secured creditors can be calculated as follows:
P54,000 secured claims + P45,000 unsecured claims = P99,000
P99,000 - P105,000 = -$6,000
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Strong Look Corporation provided the following information to its accountants. The company had current assets of $145,332, net fixed assets of $356,190, and other assets of $4,176. The firm has long-term debt of $76,445, common stock of $200,000, and retained earnings of $134,461. What amount of current liabilities does this firm have?
Answers
Answer:
Explanation:
Given the following :
current assets = $145,332
Net fixed assets = $356,190
Other assets = $4,176
Long-term debt = $76,445
Common stock = $200,000
Retained earnings = $134,461
Current liabilities = ( Total assets - Long-term debt - Total stockholders' equity)
Total assets = (current + net + other) assets
Total assets = $(145,332 + 356,190 + 4, 176) = $505,698
Total Stockholder's equity = ( common stocks + retained earning)
Total stockholders' equity = $200,000 + $134,461 = $334,461
Current liabilities = ( Total assets - Long-term debt - Total stockholders' equity)
Current Liabilities :
($505,698 - $76,445 - $334,461) = $94,792
Which of the following was not one of Reagan's four major policy objectives during his presidency?
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
D.reduce the rising taxes for middle-class citizens
E.reduce inflation by controlling growth of the money supply to reduce inflation
Answers
Answer: D.reduce the rising taxes for middle-class citizens
Explanation:
During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.
These policies include:
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
E.reduce inflation by controlling growth of the money supply to reduce inflation
It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.