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3 years ago

Which fiscal policy strategy do you think policymakers would use in each of these scenarios? (

1 answer:

8 0

The fiscal policy strategy for policymakers in the first scenario of rising inflation and real GDP up 4% could be to raise interest rates to make money more expensive to get a loan and thus cool inflation and in the second scenario if GDP is downn and unemployment is 10% would be to lower the interest rate to make borrowing easier to make it easier for potential employers to advance theri projects and thus promote employment.

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ABC Co. uses a perpetual inventory system and uses the FIFO cost flow assumption. During the month, it had two sales. Calculate

Free_Kalibri [48]

The cost of goods sold in dollars for the first sale made on Jan. 10, using FIFO, is <u>$141</u>.

<h3>What is the FIFO method?</h3>

FIFO means First-in, First-out.

The FIFO inventory method assumes that the Jan. 10 sales of 11 units were made from goods in stock on January 1 and the purchase on Jan. 5.

Using FIFO under the perpetual inventory system, the cost of goods sold on Jan. 10 is calculated as follows:

<h3>Question Completion Data and Calculations:</h3>

Jan 1 Beginning Inventory 8 at $12= $96

Jan 5 Purchase 12 at $15= $180

Jan 25 Purchase 10 at $18= $180

Jan 10 Sale 11 units x $50 each

Jan 30 Sale 3 units x $55 each

Cost of goods sold on Jan. 10 using FIFO = 141 (8 x $12 + 3 x $15)

Thus, the cost of goods sold in dollars for the first sale made on Jan. 10, using FIFO, is <u>$141</u>.

Learn more about the FIFO method at brainly.com/question/11493725

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8 0

1 year ago

Bain corp. owned 20,000 common shares of tell corp., purchased in year 1 for $180,000. on december 15, year 5, bain declared a p

amid [387]

Answer:

$300,000

Explanation:

Although the property dividend was distributed on January 15, year 6. the <u>amount that will be used is the value of the shares as at the declaration date and not the distribution date </u>

Hence, since the aggregate market price of the tell shares held by bain was $300,000. on the declaration date, the entry to record the declaration of the dividend should include a debit to retained earnings (or property dividends declared) of $300,000

8 0

2 years ago

HII I've made about 3 give aways with points and still have a bunch, but this question is asking if anyone wants to be friends?

Amiraneli [1.4K]

Answer:

ok I will send bro gg bye

5 0

3 years ago

Read 2 more answers

Which of the above diagrams illustrates the effect of an increase in automobile worker wages on the market for automobiles?

ziro4ka [17]

Considering the diagrams (file:///C:/Users/Administrator/Desktop/image...1.webp).
The answer is D only.
The diagram shows a shift in the supply curve. Changes in production cost and related factors can cause an entire supply curve to shift right or left. This in turn causes a higher or lower quantity to be supplied at a given price. Additionally, if the cost of resources used to produce a good increases, sellers or suppliers will be less inclined to supply the same quantity at a given price, and the supply curve will shift to the left. Those factors that increase production efficiency such as technology advances, shifts the supply curve to the right.

7 0

3 years ago

Which of the following is a main reason for businesses to expand into foreign markets?

Misha Larkins [42]

Answer: A. To build brand value

Explanation:

By moving internationally, corporations have the ability to increase demand for their products, decrease the economic volatility from their home market, and develop new customers. In most cases foreign markets also allow companies to take advantage or larger margins and of less competition.

7 0

3 years ago