Answer:
increase the public debt from $460 billion to $480 billion
Explanation:
Other things equal an increase of treasury bonds from $100 billion to $120 billion in the economy would:
"increase the public debt from $460 billion to $480 billion"
Since the public debt consists of the debt instruments issued by the US goverment, thus, Treasury Bills, Tresaury Notes, Treasury Bonds and U.S. Savings Bonds would constitue public debt, the sum of which would be $460 billion and an increase in treasury bonds from $100 billion to $120 billion would increase the public debt by $20 biilion to $480 billion.
Answer:
Explanation:
a) A production function has constant return to scale if the inputs and the outputs change by the same factor.
Multiplying K and L by a constant C
Since Y = F(CK, CL) = CF(K,L), the production function have constant returns to scale
b) Per-worker production function, y = f(k)
c) % Capital depreciation per year, Δ = 0.2
Country A saves 10%, S = 0.1
The steady state level of income per worker and consumption per worker
Country B saves 30%, S = 0.2
The steady state level of income per worker and consumption per worker
Answer:
Koski Inc.
Quick Ratio:
Quick Ratio = (Current Assets - Inventory) divided by Current Liabilities
Quick Ratio = $(23,595 - 12,480) / $(17,160 -5,460)
Quick Ratio = 11,115 / 11,700 = 0.95
Explanation:
The quick ratio is a financial metric that shows the short-term liquidity position of a company. It measures the company's ability to settle its short-term obligations using its most liquid current assets. The most liquid assets are cash and near cash current assets.
Inventory is always removed in calculating the most liquid current assets. Inventory will take some time before it can be converted to cash or near cash, given the cash conversion cycle.
The quick ratio is also called the acid-test ratio. It is also considered as more conservative than the current ratio which measures the coverage of current liabilities by all current assets, including inventory.
In our workings, we eliminated inventory from current assets. We also eliminated notes payable which would be rolled over the next year.
Answer:
a. Advertising expenses are usually viewed as <u>period</u> costs.
b. An example of factory overhead is <u>plant depreciation</u>.
c. Direct materials costs and direct labor costs are called <u>conversion</u> costs.
d. Implementing automatic factory robotics equipment normally <u>decreases</u> the factory overhead component of product costs.
e. Materials that are an integral part of the manufactured product are classified as <u>direct materials</u>.
f. An oil refinery would normally use a <u>process</u> cost accounting system.
g. The balance sheet of a manufacturer would include an account for <u>work in process inventory</u>.
h. The wages of an assembly worker are normally considered a <u>product </u>cost.
Yes different situations call for different measures