Answer:
Total Liabilities = $62.273 million
Explanation:
<em>The accounting equation state that :</em>
Total assets = capital + liabilities.
<em>This is a fundamental relationship that underpins the preparation of financial statements</em>
<em>Capital for a company is represented by the shareholders funds which is the book value of issued common stock, share premium plus the retained earnings.</em>
So we can apply the equation to the figures of Chester Corporation
81.965 =( $2.540 + 17.152 ) + liabilities
Liabilities = 81.965 - ( $2.540 + 17.1552 )
= $62.273 million
Total Liabilities = $62.273 million
Answer: a movement along the demand curve.
Explanation:
When the price of a good changes, demand is supposed to react to that by moving along the demand curve because the demand curve is a visual representation of the goods demanded by people at various prices.
For instance, if the price of a normal good increases, the demand will likely decrease and there will be a movement up the demand curve to show that less goods are being demanded. The reverse holds true.
Answer:
C
Explanation:
Upward communication is communication from lower hierarchy in the organisation to higher hierarchy in the organisation
Downward communication is communication from higher hierarchy in the organisation to lower hierarchy in the organisation
Horizontal communication is communication within the same organisation hierarchy
Diagonal communication is cross functional communication between employees at different levels of the organisation
Answer:
$2,000 billion
Explanation:
We calculate the value multiplier. We get the multiplier by using the equation, ms= 1 ÷ (1 – MPC).
ms= 1÷(1-0.7)
ms= 1÷(0.3)
ms=3.33
With a marginal propensity to consume of 0.7, our multiplier is gotten as 3.3. An increase in government spending of $600 billion been multiplied by the multiplier will give us $2,000 billion increase in real GDP. So the GPD for for marginal propensity consume of 0.7 is $2,000 billion.
