Answer:
Use the ceteris paribus assumption
Explanation:
By using the ceteris paribus assumption she can assume all other conditions are equal and that the number of books purchased by students and the price of the books are the only variables in the study
With the Latin phrase, ceteris paribus, meaning all other things are the same or other things considered as being equal or remain constant, it is possible to determine causation of an event by focusing on the effect of a one of the several independent variables on the dependent variable.
You start with your first day = 30$ and then you add up 10 for each the keeping in mind that the first day you do not pay those 10$
c = 30+(d-1)*10; where d= number of days
Answer:
B) that the impact of unethical actions can reach far beyond the corporation.
Explanation:
Due to Bernie's bad actions, not only did WorldCom's shareholders, clients and employees suffered, also an innocent third party suffered. The Heritage Foundation had nothing to do with Bernie (unlucky name for CEOs), but since they received money from the Sea Pines Heritage PGA golf tournament, both the foundation and the tournament will suffer from lower incomes and bad reputation. This can almost be consider a negative externality, since an innocent bystander suffers from the crooked transactions of other parties.
Loan decisions made by both individuals and banks contribute greatly to the macroeconomy. Since everyone participates in the macroeconomy at large everyone is in some way tied together in terms of the ability to get and control credit. From this perspective many banks were willing to loan money to individuals based on the assumption that even if they couldn't make the payment the increase in house values would be enough to cover any potential losses. The issue arose when too much credit was extended, housing slowed and then there was little demand for new houses. This started a cascade of issues in the macroeconomy in terms of a housing bubble, an end to easy credit and a situation in which individuals and banks both had to be bailed out in order to prevent a complete collapse of the macroeconomy as a whole.
While private bankers made the loans there are also individuals that take loans that they know they can't repay or don't plan for situations in which they can't make a payment if something were to go wrong in terms of their job or a family issues that may arise. For this reason individuals are also responsible at a microlevel for the problems created at the macro level as a whole for the economy. Such borrowing had to end immediately to stave off future failures of banks who may not have had the liquidity and solid financial backing to survive such a predicament.
Answer:
Explanation:
The journal entry is shown below:
Depletion expense A/c Dr $320,000
Coal inventory A/c $80,000
To Accumulated depletion $400,000
(Being the entry is recorded)
The computations are shown below:
1. For Depletion expense
= 80,000 tons × $4 per ton of coal
= $320,000
2. For accumulated depreciation
= 100,000 tons × $4 per ton of coal
= $400,000
