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2 years ago

Based on the video, which economic theories were most

1 answer:

7 0

The economic theories that were most clearly applied by the Federal Reserve in response to the economic crisis were based on the theories of Keynes and Friedman.

<h3>
What were the theories of Keynes and Friedman?</h3>

They both believed that aggregate demand can be influenced by government policies and help an ailing economy to recover.

Hence, we can see that from the complete information, the Federal Reserve made use of their theories to intervene and they did this by the use of monetary policy to increase the money supply.

Read more about Keynes and Friedman here:

brainly.com/question/3763180

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On April 1, 2021, Parks Co. purchased machinery at a cost of $42,000. The machinery is expected to last 10 years and to have a r

german

Answer:

Depreciation for 2021 is $6,300 with book value of the machinery being $35,700.
For 2022, Depreciation is $7,140 with book value of $28,560.

Explanation:

The double-declining method is otherwise known as the reducing balance method and is given by the formula below:

Double declining method = 2 X SLDP X BV

SLDP = straight-line depreciation percentage

BV = Book value

SLDP is 100%/10 years = 10%, then 10% multiplied by 2 to give 20%

At Year 2021, 20% X $42,000 = $8,400/yearly

Remember, the machinery was purchased on April 1, 2021, so 9 months depreciation would be accounted for as: 9/12 x $8,400 = $6,300.

So, the book value of the machinery is $42,000 - $6,300 = $35,700 at December 31, 2021

At Year 2022, 20% X $35,700 ($42,000 - $6,300) = $7,140

So, the book value of the machinery is $35,700 - $7,140 = $28,560 at December 31, 2022

Accumulated depreciation expense for Years 2021 to 2022, under this method, is $13,440 (addition of all the yearly depreciation).

8 0

4 years ago

Soft skills are essential career attributes that include communicating clearly, solving problems, getting along with coworkers,

Lerok [7]

Answer:Leadership skills

Explanation:

Soft skills include these seven characteristics

Leadership Skill
Teamwork
Communication Skills
Problem solving skills
Work ethics
Flexibility
Interpersonal skills.

Leadership skills are needed by company to guide the other co-workers in team with help of communication skills of employee.

7 0

4 years ago

The financial statements for Lexington Service Company include the following items

Rashid [163]

I believe the answer would be 3.95

4 0

3 years ago

A commercial bank wants to determine if an applicant for a loan is likely to be able to pay its bills as they come due. Which ty

Drupady [299]

Answer: Debt-to-income (DTI) ratio

Explanation: The DTI ratio is one that considers the customer's debt relative to his disposable income (income available for spend after personal income tax deduction). The ratio varies from bank to bank. It is the number one thing a bank considers before granting a loan facility to a customer.

The fact that a customer is paying off all its due loan obligations in a timely manner without any default does not mean he is liable to obtain a loan facility if his DTI ratio is on the high side. If the DTI ratio is on the high side, it means the customer's debt is absorbing the substantial portion of the disposable income. To enable the customer get more facilities, <em>it is expected that the disposable income too should increase or better still if the customer can enhance / increase his earning capacities. </em>

8 0

4 years ago

Baxter International Inc. can obtain funds for future investments through retained earnings, new issues of common stock, and iss

CaHeK987 [17]

Answer:

The multiple choices are:

a. 7.72%

b. 5.40%

c. 5.22%

d. 7.46%

e. 4.90%

Option B is the correct answer,5.40%

Explanation:

In order to determine the after tax cost of Baxter's debt,we need to first of all calculate the pretax cost of debt which is by applying the rate formula in excel.

=rate(nper,pmt,-pv,fv)

nper is the number of coupon payments the bond would make which is 30

pmt is the annual coupon interest on the bond=7%*$1000=$70

pv is the current price of the bond minus the flotation cost=$945*(1-3%)=$916.65

The fv is the face value of $1000 per bond

=rate(30,70,-916.65,1000)

pretax cost of debt=rate=7.72%

After tax cost of debt=pretax cost of debt*(1-t)

t is th tax rate of 30% 0or 0.30

after tax cost of debt=7.72%*(1-.3)=5.40%

7 0

4 years ago