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3 years ago

A Statement of Financial Position is a formal statement presenting the three accounting elements which are?

Business

1 answer:

RSB [31]3 years ago

4 0

The financial statement called the Statement of Financial Position is also known as the Balance Sheet.

The three accounting elements that are included on this statement are the Assets, Liabilities and Owner’s Equity.

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Assume Japan begins with its economy running at full employment. If the Japanese government increases government expenditures th

Svetllana [295]

Answer:

D) the AD curve will shift out, causing an increase in the Japanese price level, but not change in output.

Explanation:

If the government starts to increase spending, the total income will increase, shifting the AD curve outwards. Generally this situation would increase both the general price level (inflation) and total output (AS curve). But since the economy is already at full employment, real output will increase minimally (if any increase at all). The largest effect will be felt in the rise of inflation.

3 0

2 years ago

Identify each action listed here as a federal, state, or shared power.

Korvikt [17]

Answer:

Appropriate funds for social programs SHARED POWER ⇒ THERE ARE BOTH FEDERAL AND STATE SOCIAL PROGRAMS, AND EACH ONE GATHERS FUNDS FOR THEM

Construct a new highway SHARED POWER ⇒ BOTH STATES AND THE FEDERAL GOVERNMENT CAN BUILD HIGHWAYS

Redesign and print the hundred-dollar bill FEDERAL POWER ⇒ ONLY THE FEDERAL GOVERNMENT CAN PRINT MONEY

Determine the requirements to receive a driver's license STATE POWER ⇒ STATE GOVERNMENTS DETERMINE THE REQUIREMENTS FOR ISSUING DRIVING LICENCES, E.G. AGE

Raise taxes SHARED POWERS ⇒THERE ARE FEDERAL, STATE AND MUNICIPAL TAXES, AND EVERY GOVERNMENT LEVEL DETERMINES THEIR OWN TAX RATES.

Negotiate a trade agreement with the European Union FEDERAL POWERS ⇒ THE COMMERCE CLAUSE ESTABLISHES THAT ONLY CONGRESS CAN REGULATE INTERSTATE COMMERCE. THE EXECUTIVE BRANCH MAY NEGOTIATE A DEAL BUT CONGRESS MUST APPROVE IT.

Explanation:

5 0

2 years ago

Sketches Inc. purchased a machine on January 1, 2016. The cost of the machine was $29,000. Its estimated residual value was $9,0

ivolga24 [154]

Answer:

Annual depreciation= $4,000

Explanation:

Giving the following information:

The cost of the machine was $29,000. Its estimated residual value was $9,000 at the end of estimated 5-year life.

To calculate the depreciation expense, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (29,000 - 9,000)/5

Annual depreciation= $4,000

8 0

3 years ago

Calculating the average time callers wait on the phone for technical support is an example of inferential statistics.A. TrueB. F

bearhunter [10]

Answer:

b) false

Explanation:

tell me if I'm wrong. mark me brainliest if this helps :)

8 0

3 years ago

The marginal product of labor eventually slopes downward due to diminishing marginal costs diminishing average returns diminishi

vampirchik [111]

The marginal product of labor eventually slopes downward due to the law of diminishing marginal productivity. The law of diminishing marginal productivity is a principle within economics. This principle states even if you increase input in one area and keep the others the same, output does increase, there will be limited effect and eventually balance back out resulting in no effect on the output.

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3 years ago