Inflation and Periods of Depression are the two main economic problems that keynesian economics seeks to address. So the answer in this question is Periods of depression and inflation. There are so many economic problems but the main is Inflation and Periods of Depression.
Answer:
Cash + Equipment - Accumulated depreciation = Common stock + Retained = $46,460
Explanation:
Note: See the attached excel file for the horizontal statements model.
In the attached excel file, we have:
Accumulated depreciation = (Cost of cooktop or equipment - Estimated salvage value) / Expected useful life = ($39,000 - $3,200) / 5 = $2,440
From the attached excel file, the accounting equation can be proved from the balances as follows:
Cash + Equipment - Accumulated depreciation = $33,500 + 15,400 - $2,440 = $46,460
Common stock + Retained = $39,000 + $7,460 = $46,460
Therefore, we have:
Cash + Equipment - Accumulated depreciation = Common stock + Retained = $46,460
Answer:
0.475% per month
Explanation:
value of property A 24 months ago = $500,000
current value of property A = $425,000
total decrease in value = $500,000 - $425,000 = $75,000 or 15%
monthly % decrease:
1.15 = (1 + r)²⁴
²⁴√1.15 = (1 + r)
1.0058 = 1 + r
r = 0.00584 = 0.58% decrease per month
value of property B 48 months ago = $575,000
current value of property A = $465,000
total decrease in value = $575,000 - $465,000 = $110,000 or 19.13%
monthly % decrease:
1.1913= (1 + r)⁴⁸
⁴⁸√1.1913 = (1 + r)
1.0037 = 1 + r
r = 0.0037 = 0.37% decrease per month
if both properties are weighted equally, then the market decrease per month = (0.58% x 1/2) + (0.37% x 1/2) = 0.475% per month
Answer:
c. attempting to add symbolic value to a product.
Explanation:
Any product's symbolic value adds the meaning to its usage and reliability. It provides with a meaning apart from its material value. It makes the consumer go for it as it gives reliability of the product. The symbolic value gives a reference to the immaterial nature of the object. In the above case, Hallmark's product attains much value as the print of his name adds value to the product.
