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4 years ago

The economic term used to describe the government's influence on savings and changing the levels of government spending is ___.

Business

1 answer:

Tresset [83]4 years ago

3 0

Answer:

Fiscal policy

Explanation:

Fiscal policy -

The term fiscal policy is based on the idea of British economist John Maynard Keynes .

It is the policy by which the government spending and policies of tax are used in order to alter the economic growth , inflation , deflation , employment , services etc, is referred to as fiscal policy.

Hence, from the given information of the question,

The correct term is fiscal policy.

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Janice Hartley works as a writer at a fashion magazine in New York. She was recently asked by her editor to write an article on

N76 [4]

Answer:

Explanation:

Affective component has been displayed as mood and feelings have been touched as a result of the feedback Janice got from her boss.

Cheers

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4 years ago

Tawney Company is considering investing in a new piece of equipment that costs $700,000 and has a $200,000 residual value. The n

timama [110]

Answer:

average amount invested in the asset = $450,000

Explanation:

given data

equipment costs = $700,000

residual value = $200,000

cost savings = $60,000

to find out

average amount invested in the asset

solution

we get here Average amount invested that is express as

average amount invested in the asset = ( Amount invested + Residual value) ÷ 2 ........................1

put here value we get

average amount invested in the asset = $\frac{$700000+$200000}{2}$

average amount invested in the asset = $450,000

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4 years ago

ALGUIEN PARA HABLAR PORFISS

jekas [21]

Answer:

But who is PORFISS?

Explanation:

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3 years ago

Read 2 more answers

Problem 4-6 (Algo) Income statement presentation; Discontinued operations; EPS [LO4-1, 4-3, 4-4, 4-5] Rembrandt Paint Company ha

Masja [62]

Answer and Explanation:

The preparation of the multiple-step income statement is presented below:

Rembrandt Paint Company

Income Statement

For the Year Ended December 31, 2021

Sales revenue $24,000

Less: Cost of goods sold -$13,500

Gross profit $10,500

Less:

Operating expenses

Selling and administrative -$3,100

Restructuring costs -$1,400

Operating Income $6,000

Add: Interest revenue $220

Less: Interest expense -$420

Income from Continuing operations before income tax expense and extra ordinary item $5,800

Less: Income tax expense (25%) -$1,450

Income from Continuing operations before extraordinary item $4,350

Discontinued Operations

Income from operations of discontinued components ($3,200 - $2,200) $1,000

Less: Income tax expense (25%) $250

Income from Discontinued operations $750

Income before extraordinary items $5,100

Extraordinary item $0

Net Income $5,100

Earning per share

Income from Continuing operations before extraordinary item ($4,350 ÷ 600 shares) $7.25

Income from Discontinued operations ($750 ÷ 600 shares) $1.25

Extraordinary item 0

Net Income $8.50

We simply deduct all types of expenses and added all types of incomes

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3 years ago

At each calendar year-end, Mazie Supply Co. uses the percent of accounts receivable method to estimate bad debts. On December 31

finlep [7]

Answer:

Mazie Supply Co.

Adjusting entries under the assumptions that the allowance for doubtful accounts has:

a) A $415 credit balance before the adjustment:

Debit Bad Debts Expense $685

Credit Allowance for Doubtful Accounts $685

To record the bad debts expense for the year.

b) A $291 debit balance before the adjustment:

Debit Bad Debts Expense $1,391

Credit Allowance for Doubtful Accounts $1,391

To record bad debts expense and bring the allowance for doubtful accounts to a balance of $1,100.

Explanation:

a) Accounts Receivable outstanding = $55,000

Uncollectible estimate of 2% = $1,100

b) With a credit balance of $415, the balance will be brought to $1,100 with an adjusting amount of $685 ($1,100 - $415).,

c) With a debit balance of $291, the balance will be brought to $1,100 with an adjusting amount of $1,391 ($1,100 + 291).

d) When the allowance for doubtful accounts has a credit balance, the bad debts expense is calculated as the difference between the new balance and the old credit balance. But, if the allowance for doubtful accounts has a debit balance, the bad debts expense would be the addition of the estimated allowance and the debit balance. These actions will respectively bring the balance of the allowance for doubtful accounts to the new estimated balance.

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4 years ago