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2 years ago

Fiscal policy refers to the idea that aggregate demand is affected by changes in

1 answer:

4 0

Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.

<h3>What is fiscal policy?</h3>

Fiscal Policy refers to government policy of using tax and spending to meet economic goals.

Here, a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.

Hence, Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.

Learn more about fiscal policy here : brainly.com/question/6583917

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Financial data for Stirling Inc. for last year are as follows:

Tom [10]

Answer:

profit margin: 6.04%

Assets turnover: 2.08

ROI 25.89%

Residual Income 137,330

Explanation:

profit margin:

income/sales = 326,480/5,404,000 = 0.060414507 = 6.0414507%

Assets turnover:

$\frac{net \: sales}{average \: assets} \\\\where:\\average \: assets = \frac{ending + beginning}{2}$

(2,561,000 + 2,629,000)/2 = 2,595,000 average assets

5,404,000/2,595,000 = 2.082466281 Assets TO

ROI

$\frac{net \: income}{average \: equity} \\\\where:\\average \: equity= \frac{ending + beginning}{2}$

(1,206,000+1,316,000)/2 = 1,261,000 average equity

326,480/1,261,000 = 25.890563%

Residual Income:

current income - income at desired RoR

That means calculate which income generates a ROI of 15% which is the minimum required return:

ROI = income / equity = 0.15

X/1,261,000 = 0.15

X=1,261,000 x 0.15 = 189,150

Now we calculate the diference between this number and the current income.

326,480 - 189,150 = 137,330 Residual Income

8 0

3 years ago

Fernando was thrilled to find out that his company had just decided to invest a great deal of money in the product he was managi

Anestetic [448]

Answer:

A Star.

Explanation:

The Boston Consulting Group (BCG) matrix depicts a product's market share against the market growth rate. The matrix is also known for it's cow- dog metaphor.

The matrix represents 4 situations namely:

1. Stars : Products with high market share in high growth markets i.e high- high situation.

2. Cash Cows: Products with high market share in low growth markets.

3. Question Mark: Products with low market share in a high growth markets.

4. Dogs: Products with low market share in low growth markets.

In the given case, the product dominates the market i.e high market share. Secondly, it operates in a high growth market. Which means, the product belongs to the situation of a Star.

8 0

3 years ago

The first home video game product built on a microprocessor was a home version of the popular coin-operated pong game from _____

Sauron [17]

The first home video game product built on a microprocessor was a home version of the popular coin-operated pong game from Nolan Bushnell' Atari.
Nolan Bushnell is a united states born citizens that fund the first portable gaming device that allow users to play the game anywhere they like

4 0

3 years ago

Paul’s will creates a General Power of Appointment Trust (GPOA) that distributes income to his wife annually for life and gives

Ivanshal [37]

Answer: D. The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul's wife has a general power of appointment over the trust's assets.

Explanation:

General Power of Appointment Trust (GPOA) refers to a power of appointment which is a legally binding provision that's contained in a trust such that the beneficiary possess the authority to alter the beneficiaries of the trust.

In this case, Paul's wife possess the power of appointment to anyone on her behalf. Therefore, The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul's wife has a general power of appointment over the trust's assets.

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3 years ago

The ""Know They Customer"" program: a. is a federal program directed at commercial bribery prevention. b. is a federal program r

Serga [27]

Answer: B. A federal program aimed at detecting money laundering

Explanation: with rising corruption issues, financing of terrorism and money laundering becoming so prevalent the Know Your Customer program was initiated to help combat these issues. It is a process by which banks obtain personal information about the identity and address of its customers. In this, banks are prevented from being used to service money laundering activities while also enabling them better understand their customers, monitor their financial dealings thus, assisting them in serving their customers better and manage its risks wisely.

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3 years ago