Answer:
$5,775
Explanation:
The computation of the interest payment is shown below:
= Note payable amount × rate of interest × number of months ÷ total number of months in a year
= $110,000 × 9% × 7 months ÷ 12 months
= $5,775
We simply multiplied with the note payable , interest rate, and the given number of months to find out the interest expense
And, the seven months is calculated from June 1, 2013 to December 31, 2013
According to the keynesian consumption function, an increase in disposable income will result "an increase in consumption".
<h3>What is
keynesian consumption function/consumption function?</h3>
The consumption function, often known as the Keynesian consumption function, is now a mathematical expression expressing the functional connection between total expenditure and gross domestic product.
Some characteristics of keynesian consumption function are-
- John Maynard Keynes, a British economist, introduced it and said it could be used to monitor and foresee total aggregate consumption spending.
- According to the traditional consumption function, changes in income and consumer spending are entirely correlated. If this were the case, aggregate savings ought to rise proportionately as the GDP does over time.
- The goal is to establish a mathematical link between consumer spending and disposable income, but only at the aggregate level.
- One of the pillars for Keynesian macroeconomic theory is the consistency of either the consumption function, which is based in part upon Keynes' Psychological Law to Consuming and is particularly striking when compared to the volatility of investment.
- The majority of post-Keynesians acknowledge that because spending patterns vary as income increases, so consumption function is just not long-term stable.
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Answer:
The following people work in office environment within schools
School Secretary
Librarian
Teacher
Explanation:
School secretary keeps the records of the students and he is responsible for principal work orders. Secretary always have an office within the school premises. Similarly teachers are also part of school and they are always there during working hours. Librarian is the in-charge of school library so he can also be considered as a part of the school official staff.
Answer:
not change
Explanation:
marginal cost is the change in cost by increasing production by one unit. Joey's marginal cost would be unaffected by the increase in rent because Joey has not increased the amount of grass he cuts.
the rents constitutes a fixed cost. Fixed cost is cost that does not vary with production
Answer:
The Net cash is 224.000
Explanation:
To get net cash flow using the indirect method we must make adjustment to the net income.
It depends on the movement if it is added or subtracted to net income
In this case,
Net income 252.000
+ Depreciation expense 26.000
- Increase in accounts receivable (15.000)
- inventory increased (40.000)
+ decreased Prepaid expenses 2.000
- accounts payable decreased (4.000)
+ loss on the sale of equipment 3.000
Net cash 224.000