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4 years ago

Which of the following statements about the relationship between the financial market and the economy is true?

Business

2 answers:

Crazy boy [7]4 years ago

8 0

Answer:

A) The financial market helps the economy grow.

Explanation:

There is positive relationship between financial markets and economic growth. Financial markets help to direct investments from small individual investors into larger corporations that use those funds to produce goods ad services.

When the economy is flourishing, the financial markets are also flourishing. When the financial markets start to fall, the whole economy will soon follow.

azamat4 years ago

7 0

I believe the answer is b. However I'm not quite sure. I think b would be the most reasonable answer.

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Which of the following journal entries will record the payment of a $675 accounts payable originally incurred for Office Supplie

sweet-ann [11.9K]

Answer:

C. Debit Office Supplies; credit Cash

Explanation:

The journal entry is shown below:

Accounts Payable A/c Dr $675

To Cash A/c $675

(Being the payment of an account payable is recorded)

For recording this transaction, we debited the account payable account and credited the cash account as cash is paid so it reduces the cash account for $675 so that the correct posting could be done

8 0

3 years ago

Bunker makes two types of briefcase, fabric and leather. The company is currently using a traditional costing system with labor

WARRIOR [948]

Answer:

$93,750

Explanation:

Required: "Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours."

Total estimated overhead costs (A) = 150,000

Total labor hours (B) = 15,000 + 9,000 = 24,000

Overhead allocation rate (C) = A/B = 150,000/24,000

Overhead allocation rate (C) = $6.25 Per labor hour

Total labor hours used by Fabric case (D) = 15,000 Hours

Overhead assigned to the fabric case (C*D) = $6.25 Per labor hour * 15,000 Hours = $93,750

5 0

3 years ago

In what situations is top-down planning likely to be superior to bottom-up emergent strategy development

Marianna [84]

Answer is given below :

Explanation:

Both strategies aim to convey and process knowledge between and within the organization. The top-down approach for sub-categories to gain insights at the senior management level breaks down a system.
This is a great tool to help managers identify areas of improvement using quota and monthly matrix goals. There are flaws in this strategy, employees are not involved in the process and managers do not understand the full impact of the changes made.
Morality can be affected because this strategy is motivated by fear and encouragement. The bottom line is that in some cases it is more complex, although employees feel motivated to provide more authority and quality work. The information is processed to a minimum and communicated to management.
This may help in some areas because administrators may not fully understand the process. I should use the military as an example for a top down strategy.
It works on the battlefield when there is no time to discuss or motivate employees. Top down is used when there is a slight change in environmental factors.

5 0

3 years ago

The table below contains data for the country of batterland, which produces only waffles and pancakes. the base year is 2013 . p

ArbitrLikvidat [17]

Firstly, you should calculate the prices of your market basket, which basically means multiply all the goods with their prices and then add them together in their respective years. This would give you $260, $440, $690 and $1200 in the years 2010 to 2013 respectively. (follow along by noting everything down)

We see that the base year is 2013, therefore if we want to calculate the inflation rate from 2010 to 2011, we have to calculate their price indices. We do this by dividing the maket basket of our chosen years by the market basket of the base year, therefore the price index of 2010 is $260/$1200, giving us 21.6. The price index of 2011 would be $440/$1200, giving us 36.6. To calculate the inflation rate, you find the difference between your two price indices and divide it by the former year, which would be 36.6 - 21.6 / 21.6 x 100, giving us the inflation rate of 69.2%.

5 0

3 years ago

Select all that apply. Select the items that describe what happens at the equilibrium price. Producers supply the exact goods th

malfutka [58]

Answers are:
Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price
Producers use their resources efficiently

At the equilibrium price, the quantity bought= quantity sold. Consumers have enough goods at the given price, meaning that there isn't anyone who wants to buy the good at that price but can't, and producers use their resources efficiently.

The whole economy does not waste resources, since this is the market-efficient outcome, and there aren't many shortages or surpluses for the same reason.

5 0

4 years ago