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aalyn [17]
4 years ago
10

Which was not a response taken during the hoover administration in an attempt to turn the economy around?

Business
1 answer:
Virty [35]4 years ago
8 0
Family Assistance Act to provide direct monetary aid to families
You might be interested in
partial credit, E12-19A (similar to) Turner Hardware is adding a new product line that will require an investment of $ 1 comma 5
son4ous [18]

Answer:

5.98  years

Explanation:

The computation of the payback period is shown below:

In year 0 = -$1,530,000

In year 1 = $305,000

In year 2 = $270,000

In year 3 = $240,000

In year 4 = $240,000

In year 5 = $240,000

In year 6 = $240,000

In year 7 = $240,000

In year 8 = $240,000

In year 9 = $240,000

In year 10 = $240,000

If we added the first 5 year cash inflows than it would be $1,295,000

Now we have to subtract the $1,295,000 from the $1,530,000 , so the amount would be $235,000 as if we sum the six year cash inflow so the total amount is exceeded to the initial investment. So, we subtract it

And, the next year cash inflow is $240,000

So, the payback period equal to

= 5 years + $235,000 ÷ $240,000

= 5.98  years

5 0
3 years ago
Tater and Pepper Corp. reported free cash flows for 2018 of $58.1 million and investment in operating capital of $41.1 million.
DENIUS [597]

Answer:

104.6 million

Explanation:

Data provided in the question:

Free cash flows for 2018 = $58.1 million

Investment in operating capital = $41.1 million

Depreciation expense = $15.5

Taxes on EBIT in 2018 = $20.9 million

Now,

EBIT

= Free Cash Flow + Investment in operating capital + Taxes - Depreciation

on substituting the respective values, we get

EBIT = $58.1 million + $41.1 million + $20.9 million - $15.5

or

EBIT = 104.6 million

8 0
4 years ago
On January 1, Bloomingdale, Inc. borrows $92,000 from First Estate Bank. The loan is due in one year along with 4% interest. The
otez555 [7]

Answer:

d. $920 increase liabilities, increase expenses

Explanation:

The journal entry is given below:

On March 31

Interest Expense Dr. $920 ($92,000 × 4% × 3 ÷ 12)

            To Interest Payable $920

(being interest expense is recorded)

Here interest expense is debited as it increased the expense and credited the liabilities as it also increased the liabilities

Therefore the option d is correct

4 0
3 years ago
Novak Enterprises reported cost of goods sold for 2020 of $1,338,800 and retained earnings of $5,268,500 at December 31, 2020. N
aalyn [17]

Answer:

$1,258,950 and $5,233,670

Explanation:

The computation is shown below:

For cost of goods sold

= Cost of goods sold - beginning inventory overstated + ending inventory overstated

= $1,338,800 - $114,680 + $34,830

= $1,258,950

Since the ending inventory contains the lesser amount so it would be added and the beginning inventory contains larger amount so it would be deducted

For retained earning

= Retained earning - ending inventory

= $5,268,500 - $34,830

= $5,233,670

3 0
3 years ago
________ provide periodic updates of what is occurring in the business.
Marina86 [1]
The correct answer is Records.
5 0
3 years ago
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