Answer:
changes in government expenditures and taxation to achieve particular economic goals.
Explanation:
fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.
fiscal policies can either be expansionary or contractionary
Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.
Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes
Answer:
SPLISH BROTHERS INC.
Balance Sheet (Partial)
Long-term Liabilities
Bonds Payable $720,000
Less:
Discount on bonds payable $37,000
$683,000
Notes payable <u> $72,000 </u>
Total Long-term Liabilities <u>$755,000</u>
Explanation:
Long term Liabilities are those liabilities which will be paid after more than one year time period.
Bonds are usually long term liabilities because of the long maturity period of e.g 5 years 10 years etc. In this question the bond have 4 years to maturity until 2026. Discount n the bond is an contra liability account which needs to be deducted from the face value of the bond to report the net payable value.
Note Payable is also classified as long term liability because it is usually payable after 1 years time period. In this question the Note will be due after 2 years time in 2024.
They can accomplish this through early retirement.
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Explanation:</u></h3>
Early retirement is a way that we use to stop or discontinue something. Most of the aged person tends to choose early retirement for the purpose of achieving the benefits form the organisation to the most possible level. This decision can be taken when we know that the organisation will be closed in the near future and continuing work will not benefit us.
When we decide for the early retirement the befits that we attain from that will be more than the benefit that are obtained in continuing work. In the given example, Hope college has a plan for next biennium. But, the enrollments are reduced in number and they want to reduce the payroll slowly. Thus this can be accomplished with the help of early retirement.
Answer:
D. the desire to have goods and services sooner rather than later (all other things being equal).
Explanation:
The time preference talks about the placing relative value on goods received at an earlier date compared with receiving that particular goods at a later date. It is the assumption that people prefer a given goods or services be delivered sooner rather than later all things being equal. It occurs when a person focus on having a good sooner rather than later.
Answer:
The sales figure in year 3 is 81,947
The sales figure in year 4 is 90,142
Explanation:
The number of copies the publisher expects to sell in 3rd and 4th can be determined by computing the growth rate and increased sales from year 1 to year 4.
Year growth sales
1 52,500*(1+16%) 60,900
2 60900*(1+16%) 70,644
3 70644*(1+16%) 81,947
4 81,947*(1+10%) 90,142
The sales of finance books in year 3 and 4 are 81,947 and 90,142 respectively
Note that the growth rate is continuous that accounted for the need to apply the growth rate to the previous year sales in order to arrive at current year sales
