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Pachacha [2.7K]

3 years ago

13

A change in the quantity demanded of a good is: a. represented by a shift to a new demand curve. b. represented by a movement al

ong the demand curve. c. the outcome of a change in tastes and preferences. d. the outcome of a change in income.

1 answer:

Radda [10]3 years ago

3 0

Answer:

It's represented by a movement along the demand curve

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Corporation made sales of million during . Of this amount, collected cash for million. The company's cost of goods sold was m

saveliy_v [14]

Answer:

A. $405 million

B. $332 million

Explanation:

A. Calculation for How much was Carter's net income for 2016

Using this formula

2016 Net income=Sales revenue - Cost of goods sold - Other expenses

Let plug in the formula

2016 Net income= $900 million - $270 million - $225 million

2016 Net income = $405 million

Therefore How much was Carter's net income for 2016 is $405 million

B. Calculation for How much was Carter's cash balance at the end of 2016

Using this formula

2016 Ending cash balance =Beginning balance + Cash receipts - Payments

Let plug in the formula

2016 Ending cash balance=$ 110 millon + $872 million- $375million - $275million

2016 Ending cash balance= $332million

How much was Carter's cash balance at the end of 2016 is $332million

8 0

3 years ago

The accounting records for Portland Products report the following manufacturing costs for the past year. Direct materials $ 390,

Novay_Z [31]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the unitary costs:</u>

Direct materials= 390,000/180,000= $2.17

Direct labor= 261,000/180,000= $1.45

Variable overhead= 235,000/180,000= $1.31

<u>Now, we determine the new costs:</u>

Direct materials= 2.17*1.2= $2.604

Direct labor= 1.45*1.04= $1.508

Fixed overhead= 851,000*1.1= $936,100

<u>Total cost for 144,000 units:</u>

Total cost= 144,000*(2,604 + 1,508 + 1.31) + 936,100

Total cost= 144,000*5.422 + 936,100

Total cost= $1,716,868

<u>Finally, the unitary cos for both years:</u>

Last year= 2.17 + 1.45 + 1.31= $4.93

This year= $5.422

7 0

3 years ago

Are responsible for verifying accuracy of their organization''s internal records and validating the accounting procedures.

7nadin3 [17]

INTERNAL AUDITORS are responsible for verifying accuracy ..........................
The activities performed by the internal auditors help a company to achieve its goals by employing a systematic and disciplined approach to evaluate and improve the effectiveness of risk management, control and governance.<span />

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3 years ago

If real GDP is $200 billion, full employment GDP is $500 billion, and the marginal propensity to consume is 0.75, then Congress

Anuta_ua [19.1K]

Answer:

The answer is: decrease taxes by $100 billion.

Explanation:

If the real GD is $200 billion, which represents only 40% of full employment GDP, then the government should try to increase consumer spending either by decreasing taxes or increasing government spending, or a combination of both.

In this case, I chose the tax decrease since government have budget limitations and they can only decrease taxes by so much before hitting a deficit. Additionally, when you have a large tax reduction, usually government spending either stays the same or decreases.

If the government decreases taxes by $100 billion, the marginal propensity to consume shall result in a $75 billion increase in consumption. According to the Keynesian Multiplier theory, that $75 billion should generate additional production, creating a virtuous cycle that should increase the real GDP in a larger proportion.

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3 years ago

What action should the nurse take when administering meperidine 75 mg im every 4 hours to a young adult?

allsm [11]

Meperidine has hypnotic and analgesic effects following intravenous dose, and the analgesic effects can extend for up to 4 hours.

A painkiller with a prescription is meperidine hydrochloride. It is an opioid, a class of drug. When a patient consumes more meperidine hydrochloride than is usual or advised, an overdose results.

Meperidine usage and addiction present a danger that can result in overdose and death. Additionally, meperidine may result in serious, perhaps fatal, breathing issues. Your doctor should prescribe the least effective dose of meperidine for the shortest amount of time to reduce your risk.

Learn more about Meperidine here:

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5 0

2 years ago