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3 years ago

Macro-economiscs college level .

Business

1 answer:

Thepotemich [5.8K]3 years ago

3 0

Answer/Explanation:

A. Increase in import WOULD NOT lead to a decrease in national income because it would lead to increase in revenue derived from import duties.

B. A decrease in interest (leakage) WOULD lead to decrease in national income because it will increase borrowing and reduces investment.

C. A decrease in money supply (money available in an economy) WOULD NOT lead to decrease in national income because it reduces inflational rate.

D. An increase in exchange rate WOULD lead to decrease in national income because it would encourage capital flight.

E. A decrease in foreign income WOULD lead to decrease in national income because it reduces revenue earnings.

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Bell Inc. took a physical inventory at the end of the year and determined that $830,000 of goods were on hand. In addition, Bell

Otrada [13]

Answer:

Bell inc should report $980,000 as the total amount of inventory at the end of the year.

Explanation:

Given information -

Inventory that were on hands - $830,000

Inventory that was in transit - $60,000

Inventory that was out on consignment - $90,000

Here for taking out the total inventory all of the given above items would be added .

Inventory that was in transit would be added because these f.o.b. goods would be considered transferred from seller to buyer as soon as they are shipped, so it doesn't matter if they're received two days after the inventory count , they will be added.

Goods which are sent on consignment would also be added because goods would remain in the name of consignor ( Bell inc ) until they're sold by consignee ( an agent who has been hired by Bell inc to sell its goods )

Inventory at end of year - $830,000 + $60,000 + $90,000

= $980,000

6 0

3 years ago

Information for Nighttime Company's direct labor cost for February is as follows: Actual direct labor hours 70,000 Total direct

podryga [215]

Answer:

71,100

Explanation:

The calculation of standard direct labor hours is shown below:-

Labor rate variance = (Actual rate - Standard rate) × Actual hours worked

$35,000 = ($497,000 ÷ 70,000 - Standard rate) × 70,000

(7.1 - Standard rate) = $0.5

= $6.6 per hour

= Labor variance efficiency = (70,000 - Standard hour) × $6.6 per hour

= -$7,260 = (70,000 - Standard hour) × $6.6 per hour

Standard hours = $70,000 + 1,100

= 71,100

8 0

3 years ago

In a capitalist economy the lenders are usually _____ and the borrowers are usually ______.

lana [24]

The answers the fit the given blanks above are FINANCIAL INTERMEDIARIES and FIRMS, respectively. In a capitalist economy, the businesses are held private and therefore, the production and the operation of the business for their profit is only owned by them.

8 0

2 years ago

The financial statements of New World, Inc., provide the following information for the current year: Dec.31 Jan.1Accounts receiv

pashok25 [27]

Answer:

A $3066000

Explanation:

The formula for cash received from customers is: opening receivables+net sales-closing receivables.

The rationale behind the formula is that opening receivables would have turned cash by year end since current asset last one year maximum.

=$241500+$3097500-$273000

=$3066000

3 0

3 years ago

The difficulty in cost-benefit analysis is that the benefits are usually evident and easily measurable, while the costs are not

suter [353]

Answer:

B) False

Explanation:

Under the cost benefit analysis a statement is prepared in order to compute the financial aspects of the transaction.

This clearly provides for the estimate to be made towards all the transactions.

But there is a problem in such analysis that exact estimate or even nearby estimate in terms of amount is not feasible to be computed of benefits and cost as well.

And significantly all the benefits can not be traced monetarily.

5 0

3 years ago