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Kisachek [45]
3 years ago
10

An increase in the money supply shifts the ______ curve to the right, and the aggregate demand curve

Business
1 answer:
gladu [14]3 years ago
3 0

Answer: The correct answer is "C) LM: shifts to the right".

Explanation: An increase in the money supply shifts the <u>LM</u> curve to the right, and the aggregate demand curve  <u>shifts to the right.</u>

As the supply of money increases, the LM curve shifts to the right, establishing a new equilibrium point in which production is going to be higher, thus increasing aggregate demand.

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Which two of the three financial statements would you find Net Income on?
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Answer:

C) Income Statement and Cash Flow Statement

Explanation:

The Income Statement shows a clear separate entry for the Net income which is calculated after all the deductions and additions.

Net Income is the first balance shown on the cash flow statement after which the calculations are carried out to find the flow of cash in and out of the company.

Net income is also shown in the Balance Sheet but not separately but together with retained earnings. It is added to the retained earnings and the amount is shown as a whole amount of retained earnings  or shown as a change in equity.

So best answer is C because the question asked is where would you find Net Income on?

Meaning separately. So it is separately present on Income Statement and Cash Flow Statement.

Otherwise it is present  on all three statements ( on balance sheet as part of retained earnings or equity).

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Discuss the bearing of a job description of an organization with more than 500 employees
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The balance sheet of Indian River Electronics Corporation as of December 31, 2017, included 11% bonds having a face amount of $9
kompoz [17]

Answer:

Bonds Payable $91,200,000

Loss on early extinguishment $6,024,000

    To Cash $93,024,000   ($91.2 million × 102%)

    To  Discount $4,200,000

(Being the redemption of the bond is recorded)

Explanation:

The journal entry is shown below:

Bonds Payable $91,200,000

Loss on early extinguishment $6,024,000

    To Cash $93,024,000   ($91.2 million × 102%)

    To  Discount $4,200,000

(Being the redemption of the bond is recorded)

For recording this journal entry we debited the bond payable as it decrease the liability moreover the cash is also decreased so it is credited and the discount is also credited and the remaining balance is debited to the loss

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3 years ago
The difference between the revenue that a company brings in from selling goods and services and the cost of generating this reve
vitfil [10]

Answer:

<u>Profit</u>

Explanation:

Revenue refers to the total receipts by a business for the sale of it's output.

Cost refers to the expenditure incurred for manufacturing products or creating a service.

The difference between the above two i.e revenue and costs, is termed as profit.

Profit can be of two types, economic profit and accounting profit. Accounting profit is calculated by deducting actual costs incurred from total receipts.

Economic profit on the other hand also considers implicit costs i.e opportunity costs, while calculating profits.

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3 years ago
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