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3 years ago

If an expansionary policy pushes output beyond the full employment level of gdp:

1 answer:

8 0

<span>The natural rate of unemployment will drop in this instance. By increasing spending and/or decreasing taxes, aggregate demand is boosted, leading to more people being employed to meet the demand. This moves the natural rate of employment out to a greater level than previously experienced.</span>

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Sales revenue is $725,700; allocated manufacturing overhead is $95,100; actual manufacturing overhead is $120,500; and cost o

yKpoI14uk [10]

Answer:

$320,000

Explanation:

if allocated overhead was $95,100 and actual overhead was $120,500, then overhead costs were under allocated by $25,400 (= $120,500 - $95,100) and that must be added to cost of goods sold in order to determine the actual gross profit.

total sales revenue = $725,700

<u>total COGS = $380,300 + $25,400 = ($405,700)</u>

gross profit = $320,000

8 0

3 years ago

Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019. April May June Credit sales $

ruslelena [56]

Answer and Explanation:

The presentation of the cash budget for the three months is shown below:

Particulars April May June

Beginning

cash balance $182,000 $264,650 $434,150

Add:

Cash receipts :

Credit sales

collections $577,750 $622,700 $621,650

Total cash

available $759,750 $887,350 $1,055,800

Less:

Cash disbursements

Purchases -$289,000 -$302,000 -$282,000

Wages, Taxes

and expenses -$137,000 -$129,000 -$179,000

Interest -$15,600 -$15,600 -$15,600

Equipment

purchases -$53,500 -$6,600 -$248,000

Total

cash disbursements -$495,100 -$453,200 -$724,600

Ending

cash balance $264,650 $434,150 $331,200

Working Notes:

Cash collection from credit sales

Particulars March April May June

Credit sales $561,000 $689,000 $598,000 $751,000

Cash collected :

35% cash collected

in month of sales $196,350 $241,150 $209,300 $262,850

60% cash collected

in following month

of sales $0 $336,600 $413,400 $358,800

Total cash

collected from sales $577,750 $622,700 $621,650

7 0

3 years ago

if a new poverty measure were calculated to include wealth (total debts subtracted from total assets), that new poverty measure

Rufina [12.5K]

If a new poverty measure were calculated to include wealth (total debts subtracted from total assets), that new poverty measure would reflect the fact that since the definition of poverty includes both wealth and income, it has taken on a two-dimensional form, meaning that different people with the same level of wealth may have different poverty levels. Similar to this, individuals with the same income level may have various levels of poverty.

Access to clean water, food, shelter, and clothing are examples of basic needs that can be used to gauge one's level of poverty. It has been proven that people can earn enough money to cover their basic needs but still spend it poorly.

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3 0

1 year ago

the return to schooling for society is higher than the return to schooling for the individual if a. the concept of diminishing r

grin007 [14]

Answer:

The correct answer is c. human capital conveys positive externalities.

Explanation:

Externalities are defined as consumption, production and investment decisions made by individuals, households and companies and that affect third parties that do not participate directly in those transactions. Sometimes those indirect effects are tiny. But when they grow up, they can be problematic; That is what economists call "externalities." Externalities are one of the main reasons that lead governments to intervene in the economy.

Positive externalities: In this case, it is about the difference between private and social benefits. For example, research and development activities are widely considered as generating positive effects that transcend the producer (usually the company that finances them). The reason is that research and development enrich general knowledge, which contributes to other discoveries and advances. However, the profitability perceived by a company that sells products based on its own research and development activities does not usually reflect the profitability perceived by its indirect beneficiaries. When externalities are positive, private profitability is lower than social profitability.

8 0

3 years ago

You put up $80 at the beginning of the year for an investment. The value of the investment grows 2% and you earn a dividend of $

Evgen [1.6K]

If the value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was 12%.

<h3>HOLDING PERIOD RETURN (HPR)</h3>

Using this formula

HPR=Investment grow+(Dividend/Beginning investment)

Let plug in the formula

HPR=2% + ($8/$80)

HPR=2% +10%

HPR=12%

Therefore If the value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was 12%.

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5 0

2 years ago