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Mars2501 [29]
3 years ago
5

Consider the following data for a closed​ economy: Y​ = ​$1414 trillion C​ = ​$1010 trillion G​ = ​$33 trillion Spublic​ = ​$neg

ative 1.0−1.0 trillion T​ = ​$44 trillion Use the data to calculate the​ following: ​(Enter your responses rounded to one decimal place.​) a. Private saving​ is: ​$______ trillion.
Business
2 answers:
FromTheMoon [43]3 years ago
8 0

Answer:

$393 trillion

Explanation:

Private saving

= Y + TR – C – T

Y= $1414 trillion

TR=​$33 trillion

C​ = ​$1010 trillion

T​ = ​$44 trillion

Using the formula

Y + TR – C – T

= $1414 trillion + $33 trillion – 1010 trillion – $44 trillion = $393 trillion

sveticcg [70]3 years ago
5 0

Answer:

Private savings = $360 trillion

Explanation:

Private savings is a summation of household and business savings. When there is economic growth there is stimulation of private savings, people have more money to save.

Private savings also drives economic growth because people have more money to invest in businesses that will have a higher output.

In a closed economy the formula for private savings is

Private savings = Y + TR - C - T

Private savings= 1414 trillion + 0 - 1010 trillion - 44 trillion

Private savings = $360 trillion

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Company Dept. A Dept. B
Ronch [10]

The pre-determined overhead rate per direct labor dollar for Dept. B is 1.35.

<h3>What is manufacturing overhead?</h3>

Manufacturing overhead costs are the cost associated with running a manufacturing facility.

Examples of factory overhead include

  • indirect labor costs
  • factory rent
  • depreciation of plants and machinery
  • Sales and administrative cost

<h3>What is direct labour cost?</h3>

The direct labour cost is the cost directly involved in the production of goods and services.

<h3>What is  the pre-determined overhead rate per direct labor dollar for Dept. B?</h3>

The pre-determined overhead rate per direct labor dollar for Dept. B = Estimated manufacturing overhead / Estimated direct labor cost

= $162,000 / $120,000 = 1.35

To learn more about overhead costs, please check: brainly.com/question/8054214

7 0
3 years ago
Trading securities are a.reported as unrealized gains or losses on the income statement b.reported at fair value in the balance
dedylja [7]

Answer:

c.reported at fair value on the balance sheet and as unrealized gains or losses on the income statement

Explanation:

The trading securities focuses on the securities which are traded to gain the profit through selling the securities which are based on the market values

So

any profit or losses could be come under the income statement

whereas

The fair values are to be reported on the balance sheet

hence, the correct option is c.

5 0
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Which of the following is a business that might need personal liability protection for its owner?
scoray [572]

Answer:

B: Doctors office

Explanation:

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Meng Company maintains a $375 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date rep
nikklg [1K]

The journal entry to replenish the fund on January 31 is $46.

<h3>What is a replenishment?</h3>

In a journal entry, this refers to refilling up a depleted cash box in a petty cash system.

The replenishment = $375- $190 - $95 - $35 - $9

The replenishment = $46

Therefore, the journal entry to replenish the fund on January 31 is $46.

Read more about replenishment

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2 years ago
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