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dangina [55]
3 years ago
15

The business incurred an expense and paid it immediately. To record this __________. options: an expense is debited and a liabil

ity is credited an expense is debited and an asset is credited an expense is debited and Capital is credited None of the above answers are correct.
Business
2 answers:
k0ka [10]3 years ago
7 0

The business incurred an expense and paid it immediately. To record this an expense is debited and an asset is credited. To keep the account ledger correct, you must debit the expense and take it out of that account. Then the asset is credited because the asset is now on hand.

vovikov84 [41]3 years ago
5 0

Answer:

an expense is debited, and an asset is credited.

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the creation of a home market is not only necessary to procure for our agriculture a just reward of its labors, but it is indisp
Ahat [919]

The United States should increase the domestic manufacturing to promote prosperity.

<h3>What is manufacturing?</h3>

Manufacturing is the creation or manufacturing of items with the aid of resources such as machinery, labor, tools, and chemical or biological processing or formulation. It is the very foundation of the economy's secondary sector. The phrase can be used to characterize a range of human undertakings, from handicraft to high-tech, but it is most usually used in relation to industrial design, which entails the extensive transition of raw materials from the primary industry into finished goods. Such products may be delivered via the tertiary industry to end users and consumers, sold to other manufacturers for the creation of other, more sophisticated products (such as aircraft, home appliances, furniture, and sports equipment), or both (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers).

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7 0
1 year ago
Discussions of the economic results of rent control and of federal farm programs would be considered​ ________ analysis, and dis
mestny [16]

Answer: Positive and Normative

Explanation:

Positive economic analysis is basically something that is based on actual facts and cannot be approved or disapproved through views or opinions of others.

Whereas, normative economic analysis is something that focuses on the measure of how the policy is, whether good or bad or the way it should be or should become etc.

Rent control and federal farm programs are positive economic analysis. Its a fact.

Whether it is bad or good is normative economic analysis because you're able to value its fairness.

4 0
4 years ago
The crowding out effect will be greater than
ELEN [110]

Answer:

The correct answer to the following question is option B) .

Explanation:

Crowding effect refers to a situation where due to the increase in interest, there is a decrease in investment ( private investment spending ), which in turn leads to decrease in initial increase in investment. Here the interest rate have increased because of the expansionary fiscal policy implemented by the government, where they have increased their spending. A high magnitude of crowding effect can lead to decrease in the money supply in economy.

6 0
3 years ago
Droz's Hiking Gear, Inc. has found that its common equity capital shares have a beta equal to 2.5 while the risk-free return is
11111nata11111 [884]

Answer:

see explanation

Explanation:

Weighted Average Cost of Capital (WACC) is the cost of a firm from permanent sources of capital pooled together.

WACC = Cost of equity x Weight of equity + Cost of Debt x Weight of Debt + Cost of Preference Stock x Weight of Preference Stock

where,

Cost of equity = Return on Risk free rate + Beta x Risk Premium

                        = 9.00 % + 2.5  x (14.00 % - 9.00%)

                        = 21.50 %

Cost of debt :

<em>similar</em>

N = 7 x 2 = 14

p/yr = 2

pmt = ($787.22 x 8%) ÷ 2 =

fv = $787.22 x number of bonds

pv = $80,000,000

<u>Always use the after tax cost of debt :</u>

after tax cost of debt = interest x ( 1 - tax rate)

7 0
3 years ago
What is a discretionary meaning?.
Fantom [35]

Discretionary meaning is the ability to make decisions based on one’s own judgement and experience. It involves the consideration of many factors, including ethical and moral considerations, and is often used in situations where there is no clear answer or the situation is complex.

What is Discretionary?
Discretionary
refers to a decision that is left up to you. You have the choice not to take regular baths; keep in mind, though, that your friends could perhaps disagree together on this. Bathing is a discretionary act. When money isn't set aside for a specific use, it's often referred to as discretionary. How discretionary funds should be used is up to the decision-makers in charge. The word discretion is the root of the word discretionary, which can be defined as "the right to decide stuff based on one's own judgement." If you're given a task to finish at your discretion, you can choose how to do it — as well as whether you want to do it at all.

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8 0
1 year ago
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