The United States has laws meant to stop any one company from dominating

Paquette purchased a building and land and immediately tore down the building how should they record the expense?

hammer [34]

Paquette purchased

federalism

a building and land and immediately tore down the building

Reconstruction

.

Reconstruction

failed by most other measures: Radical Republican legislation ultimately failed to protect former slaves from white persecution and failed to engender fundamental changes to the social fabric of the South. When President Rutherford B.

federalism

debate that had been an issue since the 1790s almost mediately . Hayes removed federal troops from the South in 1877, former Confederate officials and slave returned to With the support of a conservative Supreme Court, these newly empowered white southern politicians passed black codes, voter qualifications, and other anti-progressive legislation to reverse the rights that blacks had gained during Radical Reconstruction. The U.S. Supreme Court bolstered this anti-progressive movement federalism with decisions in the Slaughterhouse Cases, the Civil Rights Cases, and United States v.

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Reconstruction

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7 0

2 years ago

Buffalo Corporation purchased warehouse shelving for $96,000, terms 1/10, n/30. At the purchase date, Buffalo intended to take t

Murrr4er [49]

Answer:

Office Equipment (Debit) 96,000

Accounts Payable (Credit) 96,000

Explanation:

Buffalo Corporation should have made the above stated entry. As the equipment is supposed to start depreciation from the date of purchase (when the asset is available for use as intended by management). Since the corporation intended to take the discount by paying early within the number of days allowed so upon payment the following entry should be made.

Accounts Payable (Debit) 96,000

Purchase Discount Income (Credit) 9,600

Cash (Credit) 86,400

4 0

3 years ago

Suppose the Federal Reserve sets the reserve requirement at 20%, banks hold no excess reserves, and no additional currency is he

Drupady [299]

The money multiplier is 5. And the total money supply increase by $2,000 million if the Federal Reserve increases reserves by $400 million.

Given,

The Federal Reserve sets the reserve requirement at 20%.

Banks hold no excess reserves, and no additional currency is held.

The money multiplier displays the amplitude of the change in the money supply as a result of the addition of new reserves to the banking system.
Banks use the money they are not obligated to retain in reserve to make loans, and the borrowed money shows up on other customers' deposit accounts.
In macroeconomics, the money multiplier is significant because it controls the money supply, which influences interest rates.
Because it affects monetary policy and the stability of the banking industry, it is also significant in the banking industry.

The money multiplier formula can be used to calculate the total amount of new deposits or money created.

Money multiplier = 1/reserve ratio

= 1/0.20

= 5

change in Total money supply = Money multiplier × change in reserves

= 5 × $400 million

= $2,000 million

Hence, The money multiplier is 5. And the total money supply increase by $2,000 million if the Federal Reserve increases reserves by $400 million.

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4 0

2 years ago

Shontelle owns an apartment house that has an adjusted basis of $760,000 but is subject to a mortgage of $192,000. She transfers

Alex787 [66]

Answer:

(a) $332,000

(b) $312,000

(c) $760,000

Explanation:

(a) Her realized gain or loss

Mathematically, Realized gain or loss = Amount realized - Adjusted Basis = (120000 + 780000 + 192000) - 760000.

= 1092000 - 760000

= $ 332000

(b) Her Recognized gain.

Mathematically, her recognized gain = Amount received in cash + Amount received in Mortgage = 120,000 + 192,000 = $312,000

(c) Basis of newly acquired office Building.

Mathematically:

Basis of newly acquired building = Fair market value of building - (realized gain - recognized gain) = (780,000)-(332,000-312,000) = 780,000-20,000 = $760,000

8 0

4 years ago

A workgroup of 5 workers produced 500 units of output in a certain month working 22 days (8 hours per day).

Sedbober [7]

Answer:

The question continues ; b) Suppose that in the next month, the same work group produced 600 units but there were only 20 workdays in the month. Using the same productivity measures as before, determine the productivity index using the prior month as a base.

Explanation:

given 5 workers produced 500units working 8hrs/day for 22days

We calculate the output unit for each per worker for a month, a day and an hr;

Monthly output unit = 500/5 = 100 = LPR = Productivity ratios

daily output unit = 500/ 5x22 = 4.545 = LPR

hourly output unit = 500/ 22x8x5 = 0.568 = LPR

similarly for 600units produced by the same number but in 20days

Monthly output unit = 600/5 = 120 = LPR = Productivity ratios

daily output unit = 600/ 5x20 = 6.0 = LPR

hourly output unit = 600/ 20x8x5 = 0.75 = LPR

To calculate their productivity index ;

LPI = 120/100 = 1.2 = Monthly output unit

LPI = 6.0/4.545 = 1.32 = daily output unit

LPI = 0.75/0.568 = 1.32 = hourly output unit

5 0

3 years ago