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3 years ago

Consider the following hypothetical data for 2016 and 2017:

Business

1 answer:

Naily [24]3 years ago

4 0

Answer:

$0.67 and $0.73

Explanation:

The computation of the price levels for the year 2016 and 2017 is shown below:

For the year 2016

= (Money supply × velocity) ÷ (Real GDP)

= (2,000 × 5) ÷ (15,000)

= $0.67

And, for the year 2017, it would be

= (Money supply × velocity) ÷ (Real GDP)

= (2,200 × 5) ÷ (15,000)

= $0.73

We simply multiplied the money supply with the velocity and then divided it by the real GDP so that the price level could come

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Which of the following options to buy a health insurance plan is BEST if you want to get savings on monthly premiums and other c

Paha777 [63]

Answer:

The correct answer is letter "E": Enrolling in a marketplace plan.

Explanation:

Health insurance Marketplace is a service managed by the government that allows individuals, families, and small businesses to find affordable health care insurances. This service aims for everybody to have a health insurance plan regardless of their income.

6 0

3 years ago

List the following in order of most to least liquid

Otrada [13]

Answer:

What following me dude

Explanation:

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3 years ago

Calculate Payroll

musickatia [10]

Answer:

A.1830

B.$1397.75

Explanation:

A.Gross pay

Formula for Gross pay

Gross pay = regular pay + overtime pay

= (40*30)+(14*30*1.5)

=1200+630

= $1830

Part B

B.Net pay

Formula for Net pay

Net pay = gross pay – social security tax – medicare tax – federal income tax

= 1830-(1830*6.0%)-(1830*1.5%)-295

=1830-109.8-27.45-295

= $1397.75

7 0

3 years ago

A sole proprietor has ______ personal liability for all business debts and obligations.

andreev551 [17]

A sole proprietor has unlimited personal liability for all business debts and obligations.

<h3>Who is a sole proprietor?</h3>

A sole proprietor is the owner of a sole proprietorship. A sole proprietorship is a type of business that is owned by one person.

A sole proprietor and the business are regarded as a single person under the law. Thus, a sole proprietor has an unlimited liability. An unlimited liability means that in event of default, both the e property of the business and the sole proprietor can be seized.

To learn more about sole proprietorship , please check: brainly.com/question/1428023

#SPJ1

4 0

2 years ago

Following are the transactions of a new company called Pose-for-Pics.Aug. 1 Madison Harris, the owner, invested $8,000 cash and

Rama09 [41]

Answer:

Aug 1

Dr cash $8,000

Dr photography equipment $34,400

Cr Common Stock $42,400

Aug 2

Dr Prepaid Insurance $3,000

Cr Cash$3,000

Aug 5

Dr Office supplies $1,520

Cr Cash$1,520

Aug 29

Dr Cash $4,000

Dr photography fees earned $4,000

Aug31

Dr Utilities expense $884

Cr Cash $884

Explanation:

Preparation of the general journal entries for the above transactions.

Aug 1

Dr cash $8,000

Dr photography equipment $34,400

Cr Common Stock $42,400

(8,000+34,400)

Aug 2

Dr Prepaid Insurance $3,000

Cr Cash$3,000

Aug 5

Dr Office supplies $1,520

Cr Cash$1,520

Aug 29

Dr Cash $4,000

Dr photography fees earned $4,000

Aug31

Dr Utilities expense $884

Cr Cash $884

4 0

3 years ago