Fiscal policies that help an economy in recession without deliberate action by policymakers are: automatic stabilizer.
What fiscal policy is used during a recession?
Expansionary fiscal policy is best suited when the economy is in recession and below potential GDP. Contractionary fiscal policy lowers aggregate demand, either through reduced government spending or higher taxes.
What is an automatic stabilizer?An automatic stabilization measure is a type of fiscal policy designed to smooth out fluctuations in a country's economic activity through normal operations without additional timely approval from the government or policymakers. The best-known automatic stabilizers are progressive corporate and income taxes and transfer schemes such as unemployment insurance and social assistance. Automatic stabilization is so called because it has a stabilizing effect on the economy and is automatically triggered without any additional action by the government.
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A company borrows $60,000 by signing a $60,000, 8%, 6-year note that requires equal payments of $12,979 at the end of each year. The first payment will record interest expense of $4,800 and will reduce principal by $8179.
In the journal entry, the first payment will be recorded as:
-Interest Expense (debit): $4,800
-Notes Payable (debit): $8,179
Notes payable are long-term obligations that represent the amount of money owed by a firm to its financiers—banks and other financial institutions— including other sources of cash, for example: friends and family.
Notes payable are entered as a debit. The cash account is credited, and it is shown as a liability on the balance sheet. That is, they are recorded as a debit rather than a credit on the balance sheet.
In the given problem:
The first payment consists of:
- interest expense $4,800
- installment $8179.
The journal entry for this payment is:
-Interest Expense (debit): $4,800
-Notes Payable (debit): $8,179
Your question is incomplete but most likely your question was:
A company borrows $60,000 by signing a $60,000, 8%, 6-year note that requires equal payments of $12,979 at the end of each year. The first payment will record interest expense of $4,800 and will reduce principal by $8,179. The journal entry to record this payment will include a debit to which account?
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if the price increases by 10 percent by how much does the quantity of household
When the price elasticity value exceeds one, demand is considered to be price elastic. Here, the quantity wanted is changing by a percentage of 15, while the price is changing by a percentage of 10, indicating a price elasticity of demand of 1.5.
Therefore, an item is said to have inelastic demand if its price rises by 10% while the quantity required drops by only 5%. The demand for the product is deemed elastic in this instance since the price change is 10% but the corresponding change in quantity desired is 15%.The quantity required reduces by 10% when a product's price is raised by 15%. As a result, we may say that the product is in demand because: b. Inflexible. Demand has changed less dramatically than price, by a smaller amount.
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at an engineering firm, all employees except administrative staff are allowed to work whatever hours they choose from monday through saturday between 7 a.m. and 10 p.m., as long as they put in forty hours per week in the office. this plan is called
The plan this question is talking about is Flextime. An arrangement known as flextime enables an employee to change the beginning and/or ending times of her/his workday.
The goal of flexible working hours is to enable employees better juggle their home and professional life. The number of scheduled hours that employees would normally put in on a regular timetable remains the same. Additionally, it offers a flexible choice for employment for jobs that do not readily permit remote work.
The following recommendations are provided to help in creating employee flextime policies that are fair, understandable, and advantageous to both the unit/department and employee. These guidelines should be followed while managing flextime by both employees and managers. The overall number of hours worked in a particular week is not decreased by flextime. When all employees must be present at the workplace, core hours are typically necessary. Depending on the position's requirements and the unit or department's operational needs, the core period may change.
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your firm is replacing a manually-operated machine with a fully automated machine. the old machine was purchased 5 years ago, had an original depreciable value of $140,000, and is depreciable using simplified straight-line for 10 years. the old machine has maintenance and defects costs totaling $9,000 per year. the current salvage value of the old machine is $12,000. the new machine costs $80,000 with shipping costs of $2,000. the new machine would be depreciated over 5 years using simplified straight line, and would have no salvage value after the fifth year. the new machine would have maintenance and defects costs totaling $4,000 per year. the marginal tax rate is 35%. what is the annual cash flow for years 1 through 5 (not including the terminal cash flow) if the project is undertaken?
The annual cash flow for years 1 through 5 not including the terminal cash flow if the project is undertaken are the 4, 090.
What is cash flow?The term cash flow refers to the movement of the cash are the flow out of the business. There are the three types of the cash flow such as investing activities, financing activities, operating activities.
9,000-4,000= 5,000
Depreciation (new asset) - Depreciation (old asset)
(82, 000 ÷ 5) - (140, 000 ÷ 10)
Depreciation (old asset): 14,000
Depreciation (new asset): 16,400
16,400-14,000= 2,400
5,000 - 2,400 = 2,600
2,600 x 35%= 910
2,600 - 910 = 1690
1690 + 2,400 =
annual cash flow = 4, 090.
The project is cash flows are the 4, 090.
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a business would most likely write a request for proposal to a. advertise openings for two sales positions. b. attract new clients. c. renovate offices. d. interview job candidates.
The request for proposal by the business will most likely be written to c. renovate offices.
The development of a call for bids is the most frequent result of office renovation (RFP). An RFP outlines the services, equipment, or problem-solving requirements of a business or group while also inviting competitive bids. A call for proposals is a document that requests business bids from potential suppliers.
This request is typically made through a bid process by a business or organization looking to buy a valuable asset, service, or item. Almost all public organizations and a sizable number of private businesses use RFPs in the procurement process. Who develops an RFP varies from company to company. Some businesses have an RFP manager whose job it is to manage the entire RFP process. There are executives in many companies.
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jeannine is aware that her company's is needs a serious upgrade, and others in her department respect her opinion about this. which is likely the most appropriate strategy for convincing jeannine to adopt a new is?
Jeannine is aware that her company's is needs a serious upgradeBy offering her help getting started with the new system, you can persuade Jeannine to adopt a new IS.
A formal, socio-technical organizational system created specifically to gather, process, store, and distribute information is known as an information system. Information systems are made up of four elements from a socio-technical standpoint: task, people, structure, and technology.
Planning, analysis, design, and implementation are the four stages that all information systems projects must go through. The system development life cycle includes these stages (SDLC).
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which approach to capacity management would only be effective if the overall demand across all the products fluctuates (without a pattern) but at the same time capacity is available?
The overall demand across all the products fluctuates but at the same time capacity is available minimizing total profits.
Demand capacity management can and should deploy the right resources at the right time and in the right way to better match actual and projected demand to the throughput of a particular organization. based on thought. Companies that use flexible work schedules to manage capacity and better meet demand use seasonal workers.
Workforce time flexibility is used in workforce planning where available capacity better matches demand. Workforce planning means having enough team members working for the required number of hours to produce the required products.
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when a tax is levied on a good, a. government revenues exceed the loss in total welfare. b. there is a decrease in the quantity of the good bought and sold in the market. c. the price that sellers receive exceeds the price that buyers pay. d. all of the above are correct.
When a tax is levied on a good, d. both buyers and sellers are worse off.
A tax is a mandatory fee or financial charge levied by any government on an individual or an organization to collect revenue for public works providing the best facilities and infrastructure. The collected fund is then used to fund different public expenditure programs.
The IRS has tax brackets tied to income. The more you make, the higher your tax bracket and the greater the percentage of your income that's taxed. Folks with very low incomes or no income don't pay federal income taxes at all. You don't take your tax bracket and apply that percentage to your entire income, though.
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the gas station minimart at the corner is a good place to pick up some milk and a lottery ticket. this is an example of a(n)
The gas station minimart at the corner is a good place to pick up some milk and a lottery ticket. this is an example of networking effect.
The networking effect is the effect which is used in the business for the sell of goods and services via defining the area for a purchase sells and earns the daily targeted revenue.
The gas station minimart at the corner is a good place to pick up some milk and a lottery ticket. The networking effect is the main effect to increase revenue or increase sales of the product and services.
Nearly the gas station area many people wants to purchase milk and influenced to purchase a lottery ticket.
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suppose that you want to build a community garden for your neighborhood, which has 500 residents. the cost of the garden is $2,000, and each person values the garden at $3. after a month, you have only received 75 donations at $3 each. the result is that a. neither you nor the local government should build the garden. b. either you or the local government should build the garden. c. the local government should build the garden, but you should not. d. you should still build the garden, but the local government should not.
Either you or the local government should build the garden. Although the donations received are not enough to cover the full cost of the garden, it is still worth pursuing if the local residents value it at $3 each.
What does Value mean?
The worth or importance that someone attaches to a person, object, idea, or experience is referred to as "value." It can refer to an item's monetary worth, but it can also refer to its emotional, spiritual, or social worth. Value is subjective and varies across individuals and cultures.
What does Cultures mean?
Cultures refer to the shared beliefs, values, customs, practices, and social behaviors of a particular group of people. Cultures are often based on language, religion, and traditions that are passed down from generation to generation. They are also shaped by geography, politics, education, and the media.
Therefore the option B. either you or the local government should build the garden is the correct answer.
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forecasted results are generally less accurate than the actual results and the most accurate forecasting is done by combining both implicit and explicit techniques. group of answer choices true false
The statement is True. Forecasted results are generally less accurate than the actual results and the most accurate forecasting is done by combining both implicit and explicit techniques.
Despite the fact that both are used, the Forecasted is the preferred shape. The forecast is an abnormal verb, meaning that it's beyond bureaucracy don't observe the overall rule of including ed to the bottom. There are masses of different verbs which might be unchanged in past disturbing paperwork.
If you're seeking comfort from the wintry weather blahs, looking at what's forecasted as new spring fashions for men can help. It consists of historic and projected statistics approximately the organization's profits, balances, and forecasted income for the beyond and destiny 5 years.
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True or False?
To be valid and enforceable, contracts must be in writing and signed by both parties.
Contrary to popular belief, contracts do not need to be in writing or signed by both parties to be binding. Hence the statement is False.
Define contracts.A legally enforceable agreement between two or more parties is referred to as a contract. Each party agrees to uphold the rights and obligations set forth in this agreement after it is signed. In essence, a promise forms the foundation of any contract.
An agreement between parties that produces mutually binding legal obligations is known as a contract. Mutual assent, represented through a contract-compliant offer, is required for the agreement to be a valid offer and acceptance, adequate consideration, capacity, and legality.
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according to fiedler's contingency model, a task-oriented leader would be most effective in which type of situation?
A task oriented leader is most qualified to handle both highly positive and highly negative situations.
What is Fledger's contingency model?
Based on research on a variety of group effectiveness, Fred E. Fiedler's contingency theory of leadership effectiveness focused on the link between leadership and organisational success. One of Fiedler's first situation-contingent leadership ideas is this one. He contends that if an organisation seeks to attain group effectiveness through leadership, it is necessary to evaluate the leader in light of an underlying trait, evaluate the challenges he or she is facing, and create an appropriate match between the two.
Fiedler created the "least preferred co-worker" (LPC) scale, which asks leaders about the coworker they least enjoy working with, in order to gauge their attitudes.
A task oriented leader is most qualified to handle both highly positive and highly negative situations.Their leadership style is best suited to situations with moderate favorability if you are a relationship-focused person.
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nueva company reported the following pretax data for its first year of operations. net sales 7,340 cost of goods available for sale 5,650 operating expenses 1,718 effective tax rate 20 % ending inventories: if lifo is elected 621 if fifo is elected 816 what is nueva's net income if it elects fifo?
The time period “income” normally refers to the quantity of cash, assets, and other transfers of price acquired over a fixed time frame in alternate for products or services there may be no unmarried, widespread definition profits are defined according to the context wherein the idea is used.
Internet sales 7340
less: the value of products sold 5650 =5650-1718
Gross profit 3932
much less: operating expenses of 1718
earnings before profits tax 3932
less: income tax expense 816=1022*20%
Nueva's net earnings 204.4
$613 is the correct option
Internet sales 7400
less: the price of goods offered 4820 =5630-810
Gross earnings 2580
much less: running fees 1558
income earlier than earnings tax 1022
much less: profits tax fee 409 =1022*40%
Nueva's net profits 2580
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which answer can be defined as an investment center contribution margin less the fixed costs that are traceable to investement center
Controllable Margin can be defined as an investment center contribution margin less the fixed costs that are traceable to investement center. The controllable margin, also known as the contribution margin, is used to assess the expected profit from sales.
We can say it is used to separate fixed cost and profit components from product sales. Use Margin Management to manage margins on sales orders and quotes created for standard items. If the net price of an offer or order exceeds the defined margin, the investement action will be taken. For example, if the order's margin is exceeded, the order will be blocked. Controllable expenses are expenses that the company can fully control.
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a company reported a net loss of $30,000 for the current year, yet its cash balance increased during the year. which financial statement should management refer to for an explanation of this situation? a.balance sheet b.statement of cash flows c.income statement d.statement of retained earnings
The company reported a net loss of $30,000 for the current year, yet its cash balance increased during the year. d.statement of retained earnings.
A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.
There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each comes with its very own set of benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-time period sustainable returns, and each word in that phrase is vital.
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the retail price of a golf club is 506.00 . of the golf store has marked up the price by 46.00 , what is the markup rate?
1,100 % is the markup rate,the retail price of a golf club is 506.00 . of the golf store has marked up the price by 46.00
The price a client will pay to purchase a product from a retail store is known as the retail price. Customers pay this amount as the ultimate cost of the goods they buy. The MSRP, or Manufacturer Suggested Retail Price, is the amount that the automaker, or manufacturer, advises the dealer to charge for the vehicle. It is not necessary for it to be the exact cost you incur. Many customers bargain to get the car for less than the MSRP. The price at which a commodity is currently being sold in the market is its trading price, which is often referred to as the market price. The price at which a share is bought or sold in the stock market at a particular moment in time, as it relates to trading.
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using the economic concept of marginal analysis (marginal cost - marginal benefit), what could be some of the cost considerations and benefit considerations in tapping oil and natural gas through fracking?
As fracking grows, natural gas prices are dropping. The U.S. fracking revolution has caused natural gas prices to drop 47 percent compared to what the price would have been prior to the fracking revolution in 2013.
natural fuel (additionally called fossil gasoline or sincerely gasoline) is an evidently taking place aggregate of gaseous hydrocarbons consisting usually of methane similarly to various smaller amounts of different better alkanes. normally low stages of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium also are present.[1] natural gas is colorless and odorless, so odorizers which include mercaptan, which smells like sulfur or rotten eggs, are generally brought to natural gasoline supplies for safety in order that leaks can be comfortably detected.[2]
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after you finish giving a presentation, an audience member asks your team for additional information on your topic. your coworker is answering the question thoroughly, but you notice that the rest of your audience has tuned out. how can you re-engage your audience? select all that apply.
You might change to a different question or ask a new question of your audience if you notice that they are losing interest.
Describe Presentation.A presentation is how a speaker communicates information to an audience. A presentation's typical goals include informing, persuading, inspiring, motivating, creating goodwill, or presenting a novel concept or service. Speeches, opening statements, lectures, and demonstrations can all be included in presentations. For presentations, preparation, planning, organization, writing, the use of visual aids, stress management, and question-answering are frequently required. Presentations are widely used in tertiary job settings, like when accountants give a corporation's detailed financial report. An interactive presentation has the advantage of capturing more audience attention and encouraging audience engagement, which promotes a sense of community.
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suppose a stock had an initial price of $74 per share, paid a dividend of $1.65 per share during the year, and had an ending share price of $83. what was the dividend yield and the capital gains yield?
Suppose a stock had an initial rate of $ 74 consistent with the share and paid a dividend of $1.65 consistent with a percentage at some stage in the year.
The capital gain Yield is 12.16%
The dividend Yield is 2.23%
The capital benefit Yield is 12.16%
A stock is a widespread term used to explain the ownership certificate of any employer. A proportion, on the other hand, refers back to the inventory certificate of a particular agency conserving a specific organization's percentage makes us a shareholder. Description: shares are of kinds not unusual and favored.
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1-A long-term asset is recorded at the:
Cost of the asset.
Additional costs to get the asset ready for use.
Cost of the asset plus all costs necessary to the asset ready for use.
Cost of the asset less all costs necessary to the asset ready for use.
2- The Open Grill incurred the following costs in acquiring a new piece of land:
Cost of the land
$
80,000
Commissions
4,800
Liability insurance for the first year
1,200
Cost of removing existing building
20,000
Sale of salvaged materials
(4,000
)
Total costs
$
102,000
What is the total recorded cost of the land?
$102,000.
$100,800.
$106,000.
$80,000.
3-
The Cheese Factory incurred the following costs related to acquiring a new piece of equipment:
Cost of the equipment
$
50,000
Sales tax (8%)
4,000
Shipping
3,000
Installation
2,000
Depreciation during the first month
1,000
Total costs
$
60,000
What is the total recorded cost of the equipment?
$60,000.
$50,000.
$57,000.
$59,000.
4- Which of the following is properly recorded as an intangible asset?
An internally developed trademark.
A piece of land.
A purchased patent.
An internally developed copyright.
5-
Which of the following correctly describes the nature of depreciation?
Depreciation represents the valuation of property, plant, and equipment over its service life.
Depreciation represents the valuation of an intangible asset over its service life.
Depreciation represents the allocation of the cost of property, plant, and equipment over its service life.
Depreciation represents the allocation of the cost of an intangible asset over its service life.
6-Accumulated depreciation is
An expense account.
An asset.
A contra-asset.
A liability.
7-Depreciation in accounting is the:
Decrease in fair value of an asset.
Decrease in selling price of an asset.
Allocation of an asset’s cost to an expense over time.
Change in fair value of an asset.
Bottom of Form
Answer:
I don't know what the answer would be because this is really confusing
Explanation:
I don't know how to explain it because I'm confused
Bonds that are subject to retirement at a stated dollar amount prior to maturity at the option of the issuer are called
a. callable bonds.
b. early retirement bonds.
c. options.
d. debentures.
Bonds subject to retirement at a stated dollar amount before their maturity at the issuer's option are called a. callable bonds.
What is bond retirement?Bond retirement is the repayment of debts previously issued to investors.
A bond retirement may occur at maturity or before maturity. When bonds are retired before maturity at the issuer's discretion, they are described as callable bonds.
Bonds retired before maturity are not early retirement bonds, options, or debentures. In the case of early retirement bonds, they are redeemed by the issuer or bondholder for cash.
Thus, callable bonds are subject to retirement before their maturity.
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Which of the following are fundamental ethical principles for professional accountants?
1 Competence
2 Compliance
3 Integrity
4 Objectivity
A. 1, 2 and 3 only
B. 1, 3 and 4 only
C. 2, 3 and 4 only
D. 1, 2 and 4 only
The following are fundamental ethical principles for professional accountants 1, 2 and 3 only.
Which of the following ethical guidelines applies to accountants in general Macq?Acting with integrity, objectivity, professional competence and due care, confidentiality, and professional behavior are the essential ethical norms that apply to all members of professional bodies. All members of the accounting profession are required to adhere to the basic ethical norms.
Which of the following is a professional accountant's ethical obligation?Any bias, conflict of interest, or undue influence from others should not be allowed to trump professional or business judgments by a professional accountant.
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assume that maddox corporation buys new equipment for $15,000 on january 1, 2021. depreciation for book purposes using the sl method is $3,000 per year. for tax purposes syd is used with depreciation of $5,000 in 2021 and $4,000 in 2022. depreciation is the only book-versus-tax difference. income before depreciation and taxes is $30,000 each year over the next five years and the statutory tax rate is 35% for 2021. the tax rate increased to 40% in 2022. calculate the increase in the deferred tax liability for 2022.
A credit to Deferred tax liability for $500 Reason: ($2,000 + $1,000) x 40% - $2,000 x 35% = $500.
What is liability?
Depending on their temporality, liabilities are classed as current or non-current. They can be a future responsibility to provide services to others (a short- or long-term loan from a bank, an individual, or another entity) or a past deal that left an unresolved duty. The greatest obligations, such as accounts payable and bonds payable, are typically the most prevalent. Given that they represent a component of continuous current and long-term operations, the majority of businesses will include these two line items on their balance sheet.
Because they are used to fund operations and big expansions, liabilities are a crucial component of a business. They can also improve the effectiveness of business to company interactions. For instance, if a wine supplier sells a case of wine to a restaurant, in most circumstances
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however, in digital marketing, when customers view commercials, they can instantaneously purchase the product through digital media. t or f
In digital marketing, when customers view commercials, they can instantaneously purchase the product through digital media is true.
What exactly does marketing mean?For the purpose of generating, conveying, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large, marketing refers to a variety of activities, institutions, and procedures.
The importance of marketingThe benefit of marketing to your company is that it informs consumers about your goods and services, engages them, and influences their decision to purchase. A marketing strategy, which should be a component of your business plan, can also aid with demand creation and maintenance as well as relevancy, reputation management, and competitiveness.
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Consider how the people in the United States benefit from trade.
1. Explain how it affects people and businesses in what they consume.
2. Explain how it affects people and businesses in what they produce.
The way that people in the United States benefit from trade and the way it affects people and businesses in what they consume.
Trade increases real earnings and enables families to make larger purchases with their present salaries by enabling them to purchase a wider range of items at lower prices. This is crucial for middle-class consumers, who spend more of their discretionary income on commodities like food and clothing that are extensively traded.The way it affects people and businesses in what they produce is that:
Trade enables businesses to operate more cheaply and consumers to pay higher wages, giving them more money to spend on other things.]How does trading benefit businesses?It is one that brings about Increased profits - One of the main benefits of doing business internationally is that you could be able to expand your clientele.
Every nation you add to your list has the potential to create a new path for revenue growth and business expansion.
Therefore, Trade is essential to the prosperity of the United States because it boosts economic expansion, promotes domestic employment, raises living standards, and enables citizens to sustain their families with reasonably priced goods and services.
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Which of the following is NOT an example of marketing?
a.Billboard display for a law firm
b.Product line display at a trade show
c.Press release for a company-sponsored charity event
d.Television commercial to sell a new product
B) Display of a product line at a trade show.
What makes a good display for a trade show?Open Space Your exhibit, business, and brand will stand out from the crowd if your space is open and inviting. A great way to attract potential customers is to remove obstacles that prevent people from entering or leaving the establishment. You want visitors to have the freedom to enter and exit the exhibit.
How does a product display work?A custom fixture in your store called a product display is used to entice and attract customers. The visual merchandising strategy you use for your brand is a big part of how the fixture looks.
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inventoriable costs a. include only the prime costs of manufacturing a product. b. are expensed when products become part of finished goods inventory. c. include only the conversion costs of manufacturing a product. d. are regarded as assets before the products are sold.
Inventoriable costs are regarded as assets before the products are sold.
Inventoriable costs is referred to as total cost which is incurred from manufacturing of a product to the end point of the sale. This may include cost of raw material and direct labor etc. Company's gross profit and operating income is affected by the amount of total inventoriable costs in the income statement of the company.
Inventoriable costs is not included in the balance sheet and is included in the inventory account until the manufactured product is sold. This cost is incurred during the process of manufacturing and therefore they are regarded as asset. They are regarded as current asset.
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however, in digital marketing, when customers view commercials, they can instantaneously purchase the product through digital media.
In digital marketing, when customers view commercials, they can instantaneously purchase the product through digital media is true.
What exactly does marketing mean?For the purpose of generating, conveying, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large, marketing refers to a variety of activities, institutions, and procedures.
The importance of marketingThe benefit of marketing to your company is that it informs consumers about your goods and services, engages them, and influences their decision to purchase. A marketing strategy, which should be a component of your business plan, can also aid with demand creation and maintenance as well as relevancy, reputation management, and competitiveness.
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search for cash advance title pawning, or tote the note online, use the guided research sheet to record information and answer questions related to these services
Utilizing your Mastercard to cover a bill, for example, a vehicle credit, through an outsider bill pay administration — instead of paying a trader straightforwardly. transfers by wire.
What is meant by a cash advance?
A cash advance is essentially a credit card issuer's short-term loan. You are borrowing money against your credit card's line of credit when you take out a cash advance.
What is the purpose of the $10 cash advance fee?
Using an ATM withdrawal or a convenience check to withdraw cash from a credit card's credit line incurs a fee known as a credit card cash advance fee. A flat fee (typically between $10 and $15) or a percentage of the amount withdrawn are the two most common types of cash advance fees.
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