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3 years ago

Monetarist Theory states that:

Business

1 answer:

Bess [88]3 years ago

5 0

Answer:

The correct answer is (c)

Explanation:

Monetary economists believe that Federal Reserve controls the economic output. The policy Federal Reserve Bank applies determines the economic situation of a country. The Federal Reserve is liable to apply the monetary policy, and that monetary policy moves the country's output. If money supply increases in the economy it can lead to inflation and lower interest rate.

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On January 1, 2020 (the date of grant), Concord Corporation issues 2,300 shares of restricted stock to its executives. The fair

ioda

Answer:

Explanation:

Date. Description/Account. Debit. Credit.

1/1/2020. Unearned Compensation. $69,000

Paid - in Capital in Excess of Par. $69,000

Common stock. $10,000

12/31/2020 Compensation Expense. $23,000

Unearned Compensation. $23,000

5 0

3 years ago

Mr. Eli Lilly is very excited because sales for his nursery and Plant Company are expected to double from $600,000 to $1,200,000

liq [111]

Answer:

The correct answer is Cash deficit = ($804,000) and incorrect.

Explanation:

According to the scenario, the calculation can be done as follows:

Cash Flow Statement

Beginning cash = $1,200,000

Now we less the asset buildup, then

Less: Assets buildup (1200000-600000)*50% = -$300,000

Now by adding the profit, then

Add: Profit (1200000*8%) = $96,000

Cash deficit = ($804,000)

As his earning seems unable to cover additional capital expenditure, his optimistic outlook for his cash position appear to be incorrect.

8 0

3 years ago

Use the below information to answer the following question.

Alina [70]

Answer:

Follows are the solution to the given point:

Explanation:

The formula for calculating the Quick Ratio:

$\text{Quick Ratio} = \frac{\text{Quick Assets}}{\text{Current Liabilities}}$

$= \frac{43700+86150}{104300}\\\\=\frac{ 129850}{104300} \\\\= 1.24$

$\text{Sales days Receivable at end of year} = (\frac{\text{Account receivables at the end}}{\text{Gross sales by loan}} ) \times \text{number of days}$ $= \frac{86150}{631000} \times 365 \\\\ = 49.833 \\\\ = 50\ days$

$\text{Sales price ratio} = \frac{\text{Sales per share price}}{\text{ Sales Share price}}$

$=\frac{43.20}{\frac{63100}{82000}}\\\\ = \frac{43.20}{0.769}\\\\ = 5.61$

$\text{total equity Debt} = \frac{ \text{Complete Liabilities}}{\text{Stockholders}}$

$= \frac{882400}{(397900+82000)}\\\\ = \frac{882400}{(479,900)}\\\\ = \frac{882400}{(479,900)}\\\\= 1.838$

$\text{Equity Return} = \frac{\text{Net Sales}}{\text{Equity of Shareholder}} \times 100$

$= \frac{96200}{(82000+397900)} \times 100 \\\\ = \frac{96200}{(479900)} \times 100 \\\\= 0.2004 \times 100\\\\= 200.4 \ \%$

Dividends received throughout the year = Restored earnings opening + Net Sales -Closing of restored profits

$= 309000 + 96200 - 397900 \\\\= 7300$

5 0

4 years ago

Adverse selection occurs in the market for used cars because

slamgirl [31]

To further sell the car and make it seem more desirable, aswell as to be adding benefits constantly

7 0

3 years ago

An asset used in a four-year project falls in the five-year MACRS class for tax purposes The asset has an acquisition cost of $5

zalisa [80]

Answer:

$1,449,068.80

Explanation:

Book value on purchase $5,100,000

Less: Accumulated depreciation $4,218,720

(5,100,000*(0.2+0.32+0.192+0.1152)

Book value on sales $881,280

Salvage value of paint $1,600,000

Book value of as set $881,280

Gain on disposal $718,720

Tax on gain on disposal = $718,720 * 21% = $150,931.20

After tax cash flow = $1,600,000 - $150,931.20

After tax cash flow = $1,449,068.80

4 0

3 years ago