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3 years ago

Describe circular flow model

Business

2 answers:

salantis [7]3 years ago

4 0

It is something with a circle

nignag [31]3 years ago

3 0

A circular flow model illustrates the flow of goods in the economy as firm (the producers) distribute the goods and households (consumers) consume the goods.

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If a Starbucks tall latte cost $3.20 in the United States and 3 euros in the Euro area, then purchasing-power parity implies the

Nataliya [291]

Answer:

a. .938 If the exchange rate is less than this, it costs more dollars to buy a tall latte in the U.S. than in the Euro area.

Explanation:

We can see in the example that the Euro is cheaper than the dollar in purchasing-power parity. More specifically, the exchange rate is .938 euros per dollar.

This is why it is more expensive to buy a tall latte in the U.S. than in Europe. The Euro is cheaper.

5 0

3 years ago

When goods are produced at the lowest possible cost, an economy is said to have achieved:?

kondor19780726 [428]

When goods are produced at the lowest possible cost an economy is said to have achieved?
Answer: production efficiency

4 0

3 years ago

Accounting Equation Shannon Cook is the stockholder and operator of Personality Shine LLC, a motivational consulting business. A

Neporo4naja [7]

Answer:

a. Stockholders' equity as of December 31, 2017: $635,000

b. Stockholders' equity as of December 31, 2018: $524,000

Explanation:

Please find the below for detailed explanation and calculations:

We have the Accounting Equation as: Total Asset = Total Liabilities + Total Equity <=> Total Equity = Total Asset - Total Liabilities

Applying the Accounting Equation to find the Stockholder's Equity at the two point of time require, we have the calculation as below:

* December 31, 2017:

Total Asset = $836,000; Total Liabilities = $201,000

=> Total Stockholder's Equity = $836,000 - $201,000 =$635,000

*December 2018:

Total Asset = $836,000 - $159,000 = $677,000; Total Liabilities = $201,000 - $48,000 = $153,000

=> Total Stockholder's equity = $677,000 - $153,000 = $524,000

3 0

3 years ago

Whick of the following terms applies to the way that society as a wholr earns and spends money?

VikaD [51]

It's impossible to choose a correct option as you've not attached any of it. Anyway I think that you mean the term which is called APPROVED BUDGET.

8 0

3 years ago

New Town Instruments is analyzing a proposed project. The company expects to sell 1,600 units, ±3 percent. The expected variable

SOVA2 [1]

Answer:

What is the sales revenue under the worst-case scenario?

$ 125,032

Explanation:

Initial Escenario

TOTAL Income Statement Unit Quantity

$ 1,035,200 Total Net Sales $ 647 1.600

-$ 352,000 Variable Cost $ 220

-$ 64,000 Depreciation Expenses

$ 619,200 Contributing Margin

-$ 438,000 Anual Fixed Costs

$ 181,200 Segment Margin

Worst Case Escenario

Quantity fall 3% from 1,600 to 1,552

Price Fall 2% from $647 to $634

Variable Cost Increase 2% from $220 to $224

Anual Fixed Cost Increase 2% from $438,000 to $446,760

Depreciation Expenses maintained at the same level.

TOTAL Income Statement Unit Quantity

$ 984,061 Total Net Sales $ 634 1.552

-$ 348,269 Variable Cost $ 224

-$ 64,000 Depreciation Expenses

$ 571,792 Contributing Margin

-$ 446,760 Anual Fixed Costs

$ 125,032 Segment Margin

0 0

4 years ago