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4 years ago

What is the difference between a change in aggregate supply and a change in aggregate output supplied?

1 answer:

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The aggregate demand curve, like most typical demand curves, slopes downward from left to right. Demand increases or decreases along the curve as prices for goods and services either increase or decrease. In addition, the curve can shift due to changes in the money supply, or increases and decreases in tax rates.

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On July 5, a company’s accountant downloaded the firm’s June 30 bank statement from the bank website. The accountant noted that

Black_prince [1.1K]

Answer:

Electronic funds transfer for $9,800 from Terra Cota Cataluna

Effect of Transaction on the June 30 Bank Reconciliation:

Since it had not been recorded in the accounting books, it will make the balance in the bank statement to exceed the cash account balance by $9,800.

Explanation:

This transaction is regarded as direct credit in the bank account. It causes a discrepancy between the bank statement balance and the cash account balance.

In preparing the bank reconciliation statement, if you start with the balance as per the cash account, then will add this to this balance. If it is the only item for reconciliation of the bank statement, it will make the cash account balance to agree with the bank statement balance.

To correct this, a record (journal entry) will be made by debiting the Cash Account and crediting the Accounts Receivable account.

7 0

4 years ago

\AllCity, Inc., is financed 40% with debt, 8% with preferred stock, and 52% with common stock. Its cost of debt is 5.7%, its pre

Pachacha [2.7K]

Answer:

WACC = 6.38%

Explanation:

Cost of equity = 1.7% + (1.15 x 5.6%) = 8.14%

Weight of equity = 52%

After tax cost of debt = 5.7% x (1 - 35%) = 3.705%

Weight of debt = 40%

Cost of preferred stock = $2.49 / $30 = 8.3%

Weight of preferred stock = 8%

WACC = (8.14% x 0.52) + (3.705% x 0.4) + (8.3% x 0.08) = 6.3788% ≈ 6.38%

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3 years ago

The emphasis of a marketing strategy for a discontinuous innovation would most likely be to: Multiple Choice a) advertise benefi

LiRa [457]

Answer:

c) generate awareness among consumers.

Explanation:

For a marketing channel to emphasize the discontinuation innovation of the strategy would be to focus on proving knowledge pt the customers about the new launch product and the explain its features as the example of HP inkjet printer that was dos[released earlier

the newer printhead technologies were developed that was a better way to put ink on the paper.

As the new product that is unable to meet the requirement of the people can be recalled and hence a need pf awareness has to be done through proper marketing and promotion channels.

7 0

3 years ago

On September 1, 2016, Sam's Shoe Co. Issued $390,000 of 10% bonds. The bonds pay interest semiannually on January 1 and July 1 o

Leni [432]

Answer:

Explanation:

It is given that the bonds were sold at the face amount which is 390,000

This means that Sam's Shoe Co. received 390,000 because of the issue of bond

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4 years ago

Allen Company used $71,000 of direct materials and incurred $37,000 of direct labor costs during the current year. Indirect labo

dlinn [17]

Answer:

Allen Company

Allen Company Statement of Cost of Goods Manufactured For the Year Ended December 31

Direct materials cost $71,000

Direct labor cost 37,000 $108,000

Factory overhead:

Indirect labor cost $2,700

Indirect materials cost $1,600

Utilities $3,100

Maintenance $4,500

Supplies $1,800

Depreciation $7,900

Property taxes $2,600 $24,200

Total manufacturing costs incurred $132,200

Beginning WIP $5,500

Total manufacturing costs $132,200

less Ending WIP $7,500

Cost of goods manufactured $130,200

Explanation:

a) Data and Calculations:

Direct materials cost = $71,000

Direct labor cost = $37,000

Indirect labor cost = $2,700

Indirect materials cost = $1,600

Other factory expenses:

Utilities = $3,100

Maintenance = $4,500

Supplies = $1,800

Depreciation = $7,900

Property taxes = $2,600

Beginning WIP = $5,500

Ending WIP = $7,500

3 0

3 years ago