Answer:
a) complete crowding out.
Explanation:
This is an example of crowding out effect, when government increases it's involvement in a market, such that it reduces private sector investment, it is called crowding out
Answer:
First let us define the nature of each of the following as per Balance sheet of a company:
Payroll payable- Liability
FICA taxes withheld- Liability
Federal taxes- Liability
410(k)- Liability
Explanation:
Effect of Transaction on assets and liabilities:
- Payroll expense Debit will have no impact
- Payroll payable, Federal taxes, FICA and 401(k) will increase the current liability.
- And when they are subsequently paid, cash will be credited hence decreasing the current assets and all these current liabilities shall be debited, hence decreasing the current liability portion.
Answer:
Actual Operating costs $231,250
Planned Operating Costs budgeted = $ 235058
Planned Operating Costs at actual level = $ 232430
Explanation:
The Planned costs are the costs estimated at the planned level of activity.
The actual costs are costs that actually occur.
But flexible costs are those which are planned ( determined) at actual level of activity.
Canniff Air
Actual Planned
Operating costs $231,250
The cost formula for plane operating costs is $56,960 per month plus $2,634 per flight plus $6 per passenger.
Planned Operating Costs= $56,960+ 2634 *67 flights + 6*270 passengers
= $ 56960 + 176478+ 1620
= $ 235058
Actual Operating Costs = $56,960+ 2634 *66 flights + 6*271 passengers
= $ 56960 + 173844+ 1626
= $ 232430
We put the values in the given formula to obtains these costs both planned and actual.
Answer:
All results should have a well-defined and habitual interference plan.
Answer:
$348,000
Explanation:
Opportunity cost = Market value of land + Market value of the equipment
= $209,500 + $139,000
= $348,000
Therefore, the opportunity cost to be incurred in the initial cost is $348,000. Note: $7,500 is idea for this project, so it is not an opportunity cost
