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3 years ago

If Investment Spending does not replace Consumption of Fixed Capital (CFC), then GDP will _________..

Business

1 answer:

vfiekz [6]3 years ago

3 0

Answer: Decrease

Explanation:

GDP = gross domestic product. The number of goods and services produced and consumed within a country.

The major components also include investment spending and consumption.

If investment spending does not replace consumption of fixed capital then GDP will fall or decline. Investment spending needs to be replaced by consumption of fixed capital so that the GDP can increase. Which is beneficial for the economy.

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Stephan's dream is to own his own hair styling salon. Which educational path

konstantin123 [22]

The educational path that will help him realize that goal is: C. 1,200 hour certificate course at a beauty college.

<h3>What is goals?</h3>

Goals can be defined as what a person have the plan to achieve and work towards achieving the set goals.

If his dream was to have his own hair styling salon, 1,200 hour certificate course at a beauty college will be the best choice as it is the educational path that will enable him to achieve his set goal.

Therefore the correct option is c.

Learn more about goals here:brainly.com/question/1512442

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4 0

1 year ago

A company can expect to receive which benefits when it uses a budgetingâ€‹ process?

yaroslaw [1]

Available Options:

a) The budget helps motivate employees to achieve sales growth and cost-reduction goals.

b) The budget provides managers with a benchmark against which to compare actual results for performance evaluation.

c) The planning required to develop the budget helps managers foresee and avoid potential problems before they occur.

d) All of the above.

Answer:

Option D. All of the above.

Explanation:

The reason is that when budgets are set every personnel in the organization is given a task along with the restriction on the use of excessive resources of the company by generating a standard number of output, which is benefitial to the company and the managers as well.

Furthermore, standard costs are used in budgeting to estimate the costs of the operations of the company which means that the standard cost would be used for actual units to compare the actual results to make meaningful conclusions.

At the end, the main benefit of the budgeting is that it highlights the potential issues in the operating systems of the organization which must be corrected to avoid the same advers outcome in the future.

So all of the statements are correct.

5 0

3 years ago

Whispering Winds Corp. has the following transactions during August of the current year. Aug. 1 Issues shares of common stock to

k0ka [10]

Answer:

Aug. 1 Issues shares of common stock to investors in exchange for $10,800.

Accounting equation:

Asset + 10,800

Equity +10,800

Journal entry:

cash 18,000 debit

common stock 18,000 credit

Aug. 4 Pays insurance in advance for 3 months, $1,200.

Accounting equation:

Asset + 1,200

Assets - 1,200

Net 0

Journal entry:

prepaid rent 1,200 debit

cash 1,200 credit

Aug. 16 Receives $730 from clients for services rendered.

Accounting equation:

Asset + 730

Equity +730

Journal entry:

cash 730 debit

revenues 730 credit

Aug. 27 Pays the secretary $580 salary

Accounting equation:

Asset - 580

Equity - 580

Journal entry:

salaries expense 580 debit

cash 580 credit

Explanation:

We need to disclose how the impact in the accounting equation and the journal entry should be done:

Aug 1st the common stock is an equity account that is increasing

we receive cash that is an asset

August 4th we are using our cash to pay in advance the rent.

this gives a right to use the rental space for 3-months thus, it is not an expense is a new asset. There is no change in the accounting equation only the composition of assets changed.

August 16th we recognize earnings through revenues account this increases the equity of the company as well as assets.

August 27th in this case we pay the salaries which are an incurred cost, therefore, expense. This decreases equity.

We also use cash making assets to decrease as well.

6 0

2 years ago

A profit-maximizing firm in a monopolistically competitive market differs from a firm in a perfectly competitive market because

irinina [24]

Answer:

c. faces a downward-sloping demand curve for its product

Explanation:

Perfect Competition is a market form, having large no. of sellers, selling homogeneous products at constant prices. So, constant prices imply that their demand curve is horizontal, perfectly elastic.

Monopolistic Competition is a market form, having many sellers, selling slightly differentiated products which are incomplete substitutes of each other. The prices also vary from firm to firm, depending on product quality. So, these firms have usual downward sloping curve, denoting price-demand inverse relationship.

7 0

3 years ago

The company estimates future uncollectible accounts. The company determines $4,400 of accounts receivable on January 31 are past

Salsk061 [2.6K]

Answer:

Journal entry

Explanation:

Before passing the journal entry we need to do the following calculations

Uncollected amount is

= $4,400 × 50%

= $2,200

Uncollected amount is

= ($4,400 - $2,200) × 0.03

= $2,200 × 0.03

= $66

So, the total amount is

= $2,200 + $66

= $2,266

Now the journal entry is

Bad debt expense $2,266

To Allowance for uncollectible accounts $2,266

(Being the uncollectible account is recorded)

4 0

3 years ago