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4 years ago

Classify the following topics as relating to microeconomics or macroeconomics.

Business

1 answer:

maksim [4K]4 years ago

5 0

Answer:

Microeconomics

A firm's decision on which production method to use.

The effect of rent control on the housing market.

The effect of externality on the quantity produced by the market.

A student's decision about how to allocate hi

Macroeconomics

The effect of an increase in income tax on national income.

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Jena is a full-time undergraduate student at State University and qualifies as a dependent of her parents. Her only source of in

liq [111]

A. 3,000 that’s your answer

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3 years ago

Jackson, a single individual, inherited Bean Corp. common stock from Jackson’s parents. Bean is a qualified small business corpo

Vsevolod [243]

Answer:

Jackson can only deduct $0.

Explanation:

The treatment of this question falls under Section 1244 of the IRS and its treatment for Tax.

According to Section 1244 Stock, there are conditions before a stock loss can be deducted as an ordinary loss.

Two of the requirements are as follows:

The shareholder must have purchased the stock and not received it as compensation.
Only individual shareholders who purchase the stock directly from the company qualify for the special tax treatment.

In the case of Jackson, the stock was inherited from his parents and not purchased directly from Bean Corp disqualifying from the provision of the section.

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3 years ago

Mercury Corporation issued 7,000 shares of no-par common stock for $15 per share. Mercury also issued 2,800 shares of $70 par, 6

inessss [21]

Answer:

Issue of 7,000 shares of no-par common stock for $15 per share

Financing Activity (FA).

Issue of 2,800 shares of $70 par, 6 percent noncumulative preferred stock at $80 per share

Financing Activity (FA)

Explanation:

Issue of 7,000 shares of no-par common stock for $15 per share

This represents capital funding and is included in the Cash Flow Statement as Cash Flow from Financing Activity.

Issue of 2,800 shares of $70 par, 6 percent noncumulative preferred stock at $80 per share

This transaction also represents capital funding and is included in the Cash Flow Statement as Cash Flow from Financing Activity.

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3 years ago

Read 2 more answers

Concord Corporation took a physical inventory on December 31 and determined that goods costing $225,000 were on hand. Not includ

Ber [7]

Answer:

$267,400

Explanation:

Calculation to determine What amount should Stallman report as its December 31 inventory?

Using this formula

December 31 inventory=Goods costing on hand+Goods purchased+FOB shipping point

Let plug in the formula

December 31 inventory=$225,000+$20,400+$22,000

December 31 inventory=$267,400

Therefore the amount that Stallman should report as its December 31 inventory is $267,400

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3 years ago

When an organization’s internal environment no longer allows the organization to perform effectively, a manager might do which o

Drupady [299]

Explanation:

Question 1. These options apply;

Create a culture of innovation by inviting and expecting employees to contribute new ideas.
Hire people with new skills and perspectives and train current employees on new skills.
Restructure the organization to be more customer-centric and make work processes more efficient.

Question 2. These options apply;

Think about new possibilities for the organization.
Spend a good deal of time determining what the problem is and find out what caused it.
Create deadlines and checkpoints for solving the problem

Question 3

B. slow moving and stable

Question 4

D. incremental

Question 5.

D. made a proactive change

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4 years ago