Answer:
The goals of expansionary fiscal policies are to reduce unemployment rate, increase aggregate demand (rightward shift of aggregate demand curve), increase aggregate supply (rightward shift of aggregate supply curve), and as a result increase real GDP.
Expansionary fiscal policies can be either:
- increase government spending
- decrease taxes
Answer:
- Cost of preferred stock = 12.5
%
Explanation:
A preferred stock entitles its owner to a fixed amount of dividend. It is calculated as follows:
Cost of preferred stock = (Preference dividend/stock price ) × 100
Cost of preferred stock = 7/56 × 100 =12.5
%
Cost of preferred stock = 12.5
%
Answer:
The correct answer is option A.
Explanation:
The price elasticity of demand is the measurement of responsiveness of demand for a commodity to change in its price level.
The price elasticity is derived by the ratio of change in quantity to change in price.
If the change in the quantity demanded of the commodity is greater than the change in its price, in that case the price elasticity of demand will be greater than 1 in absolute value.
Answer:
C)
Explanation:
When a bill is paid using the Pay Bills window, QuickBooks records a journal entry that Credits Checking account, Debits Accounts Payable. Meaning that it records a withdrawal (Credit) from your own checking account that was used to pay the bill, while simultaneously records a deposit (Debit) on the account that was just paid through the bill.
Answer:
The IRS requires employers to report wage and salary information for employees on Form W-2. Your W-2 also reports the amount of federal, state and other taxes withheld from your paycheck. As an employee, the information on your W-2 is extremely important when preparing your tax return.
