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2 years ago

This assignment requires the application of your understanding of how the federal budget deficit affects economic variables.

1 answer:

7 0

The impact of a federal budget deficit on interest rates and the trade balance is that it can bring about the inflow of foreign financial capital as well as a better exchange rate.

<h3>How can budget deficit have effect on trade balance?</h3>

When there is a stronger exchange rate there will be a little bit difficult for all the exporters that want to sell their goods to foreign countries, and at this time the imports will become cheaper.

In this case, trade deficit will definitely bring about an inflow of foreign financial capital as well as a good exchange rate.

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Kirkaid Company recorded the following transactions for the just completed month:

Illusion [34]

Answer:

The correct answer is $5,000.

Explanation:

According to the scenario, the given data are as follows:

Total raw material = $118,000

Direct material = $89,000

So, Indirect material = Total raw material - Direct material = $118,000 - $89,000

= $29,000

Total labor = $142,000

Direct labor = $122,000

So, Indirect labor = Total labor - Direct labor = $142,000 - $122,000

= $20,000

Additional actual manufacturing OH = $214,000

Applied manufacturing OH = $268,000

So, we can calculate the underapplied or overapplied overhead for the month by using following formula:

Underapplied or overapplied overhead = Applied manufacturing OH - Actual OH

= $268,000 - ( $29,000 + $20,000 + $214,000)

= $268,000 - $263,000

= $5,000

Hence, the overapplied overhead is $5,000.

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3 years ago

Grossnickle corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. today,

Dima020 [189]

Bond valuation:
<span>Par value = Maturity value = FV = $1,000 </span>
<span>Coupon rate = 7.5% </span>
<span>Years to maturity = N = 19 </span>
<span>Required rate = I/YR = 5.5% </span>
<span>(Coupon rate)(Par value) = PMT = $75 </span>
<span>PV = $1,232.15</span>

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3 years ago

Which of the following is true of normal shortages? They do not include theft and shrinkage. These goods are no longer available

never [62]

Answer:

<h2>The correct answer here would be the 1st option given in the answer choices or options or They do not include theft and shrinkage.</h2>

Explanation:

From a business standpoint, normal shortages basically indicate comparatively lower inventory availability of goods and services based on their consumer demand or respective sales orders by consumers or buyers.
Normal shortage implies that the amount or units goods and services available to the company or firm is not sufficient to fulfill the required consumer or buyer demand for those commodities or services.However,while calculating or computing normal shortage, any unwanted thefts and shrinkage or inadvertent damages of the concerned commodities or goods are not usually considered.

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3 years ago

Which of the following contributed most to early people’s ability to produce food?

BartSMP [9]

Answer:

The answer is "The end of the Ice Age."

Explanation:

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3 years ago

1. The<br> is the sum total of business activity in an area,

levacccp [35]

The <u>economy </u>is the sum total of business activity in an area.

<h3>What is the economy?</h3>

The economy of a country is its status in relation to the production and utilization of goods and services, as well as the supply of money.

This domain includes the:

Production,
Distribution, and
Trading of products and services by various agents.

The economy is described broadly as a social domain emphasizing the activities, discourses, and material manifestations linked with the creation, use, and administration of scarce resources.

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2 years ago