Answer:
The correct answer is: firms are unlikely to undertake investment.
Explanation:
The liquidity trap is a situation described in the Keynesian economy according to which, liquidity injections into the private banking system by the central bank do not lower interest rates or inject money into the economy and therefore do not stimulate economic growth as claimed by monetarism.
The liquidity trap occurs when people accumulate cash because they expect an adverse event, such as deflation, reduction in aggregate demand and GDP, an increase in the unemployment rate or a war. People are not buying, companies are not borrowing and banks are not lending either because they do not have enough solvency since the economic outlook is uncertain and investors do not invest because the expected returns on investments are low.
The most common characteristics of a liquidity trap are interest rates close to zero and fluctuations in the monetary base that do not translate into fluctuations in general price levels.
Answer:
Part a. Record the transaction on the day the materials were bought.
Materials Account $180,000 (debit)
Cash $180,000 (credit)
Part b. Record the transaction on the day the materials were requisitioned
Work In Progress $165,000 (debit)
Materials Account $165,000 (credit)
Explanation:
Part a. Record the transaction on the day the materials were bought.
Recognise the Assets of Materials Purchased and Derecognise Cash to depict ouflow of economic benefits
Part b. Record the transaction on the day the materials were requisitioned
De-recognise the Materials applied in Production Process and Recognise the cost in Work In Progress Account
Answer:
the answer is A. exchange
hope this helps
Answer:
Failure to timely pay personal income taxes.
Explanation:
Rules of Conduct
This is simply said to be a full stated guidance to aim to help an auditor in applying broad principles contained in AICPA's Code of Professional Conduct
These Disreputable conduct if commited by an attorney, certified public accountant, or enrolled practitioner, it can therefore lead to them being disbarred or suspended from practice before the Bureau.
Rules sometimes do changes over time due to the fact that members of profession encountered specific ethical dilemmas in complying with the principles of the code
There are 6 Principles of the AICPA Code of Professional Conduct. They cover:
1. Responsibilities
2. The Public Interest
3. Integrity
4. Objectivity
5. Due Care
6. Scope and Nature of Services
The disreputable conduct for which a CPA can be disbarred or suspended includes the following;
1. When they Directly or indirectly attempting to influence the official action of any employee of the Internal Revenue Service by use of threats or false accusations or by bestowing any gift, favor, or thing of value.
2. Knowingly aiding and abetting another person to practice before the Internal Revenue Service during a period of suspension or disbarment.
Answer:
. $11.98
Explanation:
D1 = D0(1+g)
D0 = Last dividend
r = Required rate of retrun
g = Growth rate
Stock price formula = D1/(r-g)
Stock price = D0(1+g)/(r-g)
Stock price = 1*(1+0.054) / (0.142-0.054)
Stock price = 1.054 / 0.088
Stock price = 11.97727273
Stock price = $11.98
