Answer:
implied loss of national sovereignty to the European Central Bank
Explanation:
Unlike France, that has adopted the Euro as its currency, Great Britain, Denmark and Sweden have all decided to stay out of the Euro zone. This is because accepting the Euro as their currency will mean that the European Central Bank, through the Euro, has power over their economies as a result of exchange.
Also, staying away from the Euro zone means that the European central bank doesn't have control of their monies among other things.
Cheers
Answer:
$131,180; 21.53%
Explanation:
The controllable margin and the return on investment for 2017 are as follows:
Controllable Margin = Sales - Variable cost - Controllable fixed cost
= $567,200 - $340,320 - $95,700
= $131,180
Return on investment = Controllable Margin ÷ Average operating assets
= $131,180 ÷ $609,100
= 0.2153
= 21.53%
Answer:
generally you need to determine the cost per unit, but in this case you are given a percentage of depletion = 10% x $225,000 = $22,500 which determines the inventory value (or depletion expense if the timber is sold) during the year.
the journal entry should be:
December 31, 20xx
Dr Timber inventory 22,500
Cr Accumulated depletion - timber tract 22,500
Answer:
Operation Twist is a program which is used by the FED to use the proceeds from the sale of short-term bonds to buy the long-term bonds. This is intended to put the downward pressure on the long-term yield. By buying the long-term bonds from the proceeds from short-term bills increases the demand for the bonds. Increased demand increases the price of them which makes the yield to decline as the difference between face value and the coupon or the purchase value decline.
Quantitative easing, on the other hand, is purchasing the bonds by the government which pushes up the prices of the bonds in the economy and so decreases the interest rates, a move made to make the monetary conditions easier. (C)
This was 4 years ago - 32 Michele - 35 Shelly
Now - Michele is 36, Shelly is 39