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Lorico [155]
3 years ago
9

What are the three main goals of the government in its attempt to keep the economy running smoothly?

Business
2 answers:
goldfiish [28.3K]3 years ago
8 0
C. HIGH EMPLOYMENT, STEADY GROWTH, AND STABLE PRICES.
iVinArrow [24]3 years ago
3 0

What are the three main goals of the government in its attempt to keep the economy running smoothly? C. high employment, steady growth, and stable prices

To keep the economy running smoothly, high employment rates generate money going into the economy. They are paying workers so then the workers are spending the money back into the economy because they are able to afford more. Steady growth allows new businesses to develop but also keep the economy at an upward trend without growing to fast where people can not keep up and a business fails. Stable prices are important so that they are not fluctuating when they feel is necessary and allow for customers to purchase the products they want at a price they can afford.

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At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 914,000 Credit sales 31
Lyrx [107]

Answer:

a.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $15,700

              Allowance for doubtful expense account                            $15,700

<u>Working</u>

= 5% * 314,000

= $15,700

b.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $‭36,840‬

              Allowance for doubtful expense account                            $‭36,840‬

<u>Working </u>

= 3% * (Cash sales + Credit sales)

= 3% * (914,000 + 314,000)

= $‭36,840‬

c.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $‭‭17,520

              Allowance for doubtful expense account                            $‭‭17,520

<u>Working</u>

= (8% * Year end accounts receivable) + Debit balance for Allowance for doubtful account

= (8% * 139,000) + 6,400

= $‭17,520‬

8 0
2 years ago
Three corners markets paid an annual dividend of $1.37 a share last month. today, the company announced that future dividends wi
nikklg [1K]
Given 
   $1.37 = share month
   2.8 % increase 
   11.6 % returned
Find how much pay to purchase one share of this stock 

$1.37 x 0.028 = 0.03836
$1.37+0.03836 = 1.40836
$<span>1.40836 x .116 = 0.16336976
$</span>1.40836+<span>0.16336976 = $1.57 

The answer is $1.57 to purchase one share of this stock today.</span>
6 0
3 years ago
You are involved in training and development for your division at dunder mifflin inc. you want to target some specific organizat
grigory [225]
<span>You will probably first have to address the skill category termed​ basic skills. Basic skills include what you would imagine everyone in a work environment can do and knows about their job. Training that allows them to understand how the insides of the </span>business works, working with one another, customer service, equipment organization and much more. 
4 0
3 years ago
Sketches Inc. purchased a machine on January 1, 2016. The cost of the machine was $29,000. Its estimated residual value was $9,0
ivolga24 [154]

Answer:

Annual depreciation= $4,000

Explanation:

Giving the following information:

The cost of the machine was $29,000. Its estimated residual value was $9,000 at the end of estimated 5-year life.

<u>To calculate the depreciation expense, we need to use the following formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (29,000 - 9,000)/5

Annual depreciation= $4,000

8 0
3 years ago
You are at a wedding and are unexpectedly asked to give a toast to the bride and groom. What would you do?
frez [133]

Answer:

I would say go for it

Explanation:

6 0
3 years ago
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