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2 years ago

6

A local county commissioner is under fire for utilizing an out-of-county florist owned by her daughter to purchase flower arrang

ements for the county. This was likely seen as:

1 answer:

Nastasia [14]2 years ago

5 0

A conflict of interest

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Landis Company purchased $2,000,000 of 8%, 5-year bonds from Ritter, Inc. on January 1, 2018, with interest payable on July 1 an

yanalaym [24]

Answer:

correct option is c. $51,240

Explanation:

given data

fair value of Ritter Inc = $2,120,000

Landis Company purchased = $2,000,000

rate = 8 %

time = 5 year

bonds sold = $2,083,160

rate = 7%

premiums July 1 = $7,080

premiums December 31 = $7,320

solution

we get here Landis Company comprehensive income as separate component of stockholders' equity that is express as

comprehensive income = fair value of Ritter - ( bonds sold - premiums July 1 - premiums December 31 ) ..................1

put here value and we get

comprehensive income = $2,120,000 - ( $2,083,160 - $7,080 - $7,320 )

comprehensive income = $51240

so correct option is c. $51,240

7 0

3 years ago

NDS Industries is evaluating a project with an initial investment at Time 0 of $640,000. The present value of the levered cash f

RoseWind [281]

Answer: $67600

Explanation:

Using the flow-to-equity method of valuation, the amount borrowed will be calculated thus:

NPV = $157000

Add : Initial investment = $640000

Present value of cash inflow = $797000

Less : Present value of Levered cash flow = $729400

Amount borrowed = $67600

Therefore, the amount borrowed is $67600.

3 0

3 years ago

Suppose the M P C is 0.8 and the current tax rate is 25 % . What is the government purchases multiplier? Specify all answers to

Goryan [66]

Answer:

Therefore, Increases in the tax rate decrease the government purchases multiplier

Explanation:

Given that

MPC = 0.8

Tax rate t = 0.25

tax rate is increases by 35%

Government purchases multiplier

= 1 ÷ 1 - MPC × (1 - t). Here

So, GPM = 1 ÷ 1 - 0.8 × (1 - 0.25) = 2.5

Government purchases multiplier

= 1 ÷ 1 - MPC × (1 - t)

MPC = 0.8

tax rate t = 0.35

GPM = 1 ÷ 1 - 0.8 × (1 - 0.35)

= 2.08333

= 2.083

Therefore, Increases in the tax rate decrease the government purchases multiplier.

3 0

2 years ago

The business cycle is thea.predictable changes in economic activity due to changes in government spending and taxes.b.irregular

Nitella [24]

Option B

The business cycle is irregular fluctuations in economic activity.

<u>Explanation:</u>

The business cycle is the constant rise and decline of financial growth that transpires overhead time. A cycle is a valuable mechanism for probing the market. It can further assist you to perform more reliable monetary choices. The state administration handles the business cycle.

The business cycle depicts the germination and bankruptcy in the making yield of assets and services in a marketplace. Business cycles are usually estimated relating to the boom and recession in the actual entire domestic goods or modified for inflation.

4 0

3 years ago

At its present rate of output, Barrel O' Biscuits, a perfectly competitive firm, finds that its marginal cost exceeds its margin

Delvig [45]

Answer: Reduce output

Explanation:

According to the given question, the barrel O' Biscuits is one of the type of perfectly competitive organization in which its overall marginal cost increasing the company's marginal revenue.

For maximizing the profit of an organization then we should reduce the output as in the perfect competition the company majorly affected the output only and for shift the overall marginal cost of the company we reducing the output.

Therefore, Reduce output is the correct answer.

3 0

3 years ago