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3 years ago

For each of the following separate transactions,

Business

1 answer:

Softa [21]3 years ago

3 0

Answer: The answer is provided below

Explanation:

a. The reconstructed journal entry has been prepared and attached.

b. The following are the effects it has on the investing section or the financing section of the statement of cash flows.

The first transaction will lead to a cash inflow of $8,000 from the investing activities.

The second transaction is non-cash transaction therefore, it will not be reported in either the financing or the investing activities.

The third transaction will lead to a cash inflow of $2,000 from the financing activities.

The fourth transaction will lead to a cash outflow from the financing activities.

Thw diagram has been attached.

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Compared to a corporation, a partnership is more difficult and expensive to establish.

barxatty [35]

The answer should be False.

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3 years ago

Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rat

tamaranim1 [39]

Answer:

Predetermined manufacturing overhead rate= $14.77 per direct labor hour

Explanation:

Giving the following information:

Estimated overhead cost for the period= $325,000

Estimated total direct labor hours for the period= 22,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 325,000 / 22,000

Predetermined manufacturing overhead rate= $14.77 per direct labor hour

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3 years ago

Globalization can create more opportunities for marketers but along with that comes more pressure because they must take into ac

Firlakuza [10]

Globalization can create more opportunities for marketers but along with that comes more pressure because they must take into account the differing attitudes and values of various country cultures.

What is the purpose of globalization?

With lower operational expenses and a stronger competitive position, globalization aims to give businesses access to more markets for their goods, services, and customers.

What is impact globalization?

As a result of globalization, businesses in less developed nations have better access to bigger and more varied global marketplaces. As a result, companies operating in emerging nations have more access to capital flows, technology, human resources, less expensive imports, and bigger export markets.

How has globalization affected society?

Globalization is linked to quick and major changes in human behavior. The migration of people from rural to urban regions has quickened, and the development of cities, particularly in the developing world, is associated with many people living in inadequate conditions. Domestic violence, social violence, and the disruption of families are on the rise.

Learn more about globalization: brainly.com/question/15283031

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4 0

1 year ago

Most economists believe that in the long run, changes in the money supply Group of answer choices affect nominal but not real va

Ymorist [56]

Answer:

affect nominal but not real variables. This view that money is ultimately neutral is consistent with classical theory.

Explanation:

This idea is held by classical economists (not by most economists) since they believe in the quantitative theory of money:

MV = PQ

M = quantity of money
V = velocity of money
P = price level
Q = quantity of goods

Classical theory was abandoned 90 years ago (according to classical theory, recessions were not possible and couldn't exist, but then the Great Depression came and the impossible became true). Neo-classical or monetarists appeared in the 1960s, and lately, neo-neo-classical appeared with George W. Bush. The problem with the quantitative theory is that it needs the following things to be true in order to hold, and empirical evidence over the last 90 years showed that none of them are true:

the velocity of money has to be constant (AND IT IS NOT CONSTANT)
real output is independent on money supply (NOT TRUE)
causation goes from money to prices (MODERN ECONOMISTS BELIEVE IT IS THE OTHER WAY)

5 0

3 years ago

Last month unemployment fell to 4 percent, its lowest level in years. The economy is growing rapidly, but consumer prices have r

inysia [295]

Answer:

An increase in taxes.

Explanation:

A rise in the prices is indications that the inflation rate is high. Policymakers should intervene by introducing contractionary measures that will counter the rising inflation. Fiscal policy measures, such as increasing taxes, reduce inflationary pressures without the risk of causing a recession.

Increase taxes reduces the purchasing power of businesses and individuals, thereby reducing the aggregate demand. A reduction in aggregated demand lowers production levels, which results in low inflation but increases the unemployment rate.

6 0

4 years ago