If you write a check on a bank to purchase a used Honda Civic, you are using money primarily as

Do you think that eliminating or limiting the amount of deposit insurance would be a good idea? Explain your answer. A. It is a

AfilCa [17]

Answer:B. It's not a good idea. Eliminating or limiting the amount of deposit insurance would help increase the moral hazards of excessive risk taking on the parts of bank. It would however make banks failures and panics more likely.

Explanation:

The elimination would increase risk taken and bank failures, when there is no coverage for failures.

7 0

3 years ago

Explain how money (increased commerce) spent by tourists in the Macro Islands moves through the economy's circular flow diagram.

ella [17]

<span> #1) Explain how money (increased commerce) spent by tourists in the Macro Islands moves through the economy's circular flow diagram.

Answer: Increased commerce spent by tourists in the Macro Islands moves through the economy’s circular flow diagram and will affect all portions of the Macro Island’s economy. First, the tourists that visit the Macro Islands will purchase goods from the product market, as a result it will form the product market. These purchased goods then go to the household where these goods will be used; this supports the product market. Here, the system branches off into three different directions: first, through the payment of taxes we reap government services; second, by investing our money in financial institutions, we sustain the financial market while collecting interest; third, because households provide resources like labor, we sustain the factor market and in return collect income. These three sections of the economy connect to businesses through government services, borrowing, and factors of production respectively. In the end the businesses provides foods and services to the product market to repeat this cycle.

<span>I hope it helps, Regards. </span></span>

4 0

3 years ago

Compute the charitable contribution deduction (ignoring the percentage limitation) for each of the following C corporations.

Lena [83]

Answer:

1. $27,188

2. $48,000

3. 212,000

Explanation:

Computation for the charitable contribution deduction

1. Based on the information given the calculation will be :The amount of the property's basis including 50% of the appreciation on the property

Charitable contribution deduction = [$43,500 + ($54,375- $43,500) * 50%]

Charitable contribution deduction = [$43,500 + ($54,375- $43,500) * 50%

Charitable contribution deduction =$43,500+$10,875*50%

Charitable contribution deduction =$27,188

b.Based on the information given what will be the

charitable contribution deduction is the fair market value on the date of the contribution of the amount of $48,000 reason been that it is a capital gain property Contribution.

c. Based on the information given what will be the charitable contribution deduction is the worth of the donated sculpture held as an investment of the amount of $212,000 reason been that it is a capital gain property Contribution.

8 0

3 years ago

A manager is requested to help whenever there is a breakdown in a firm's production line. Which primary skills does this manager

exis [7]

Answer:

engineering

Explanation:

if there is a break down the manager should be able to fix it using engineering.

7 0

2 years ago

Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its fact

andreev551 [17]

Answer:

Explanation:

We know that

The manufacturing overhead would be comprised of

= Factory utilities + Depreciation on factory equipment + Property taxes on factory building + Indirect factory labor + Indirect materials + Factory repairs+ Factory manager salary + insurance on factory machine

The direct material would be the material which are used to make the product or we can say it would be directly related to the product

And, the direct labor includes the labor part which are making the products and in return they received the wages

So, the categorization is shown below:

1. salaries for assembly line inspectors - Direct labor or manufacturing overheads

2. insurance on factory machine - manufacturing overheads

3. property taxes on the factory building - manufacturing overheads

4. factory repairs - manufacturing overheads

5. upholstery used in manufacturing furniture - Direct material

6. wages paid to assembly line workers - Direct labor

7. factory machinery depreciation - manufacturing overheads

8. glue,nails,paint, and other small parts used in production - manufacturing overheads

9. factory supervisors salaries - manufacturing overheads

10. wood used in manufacturing furniture - Direct material

7 0

2 years ago