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3 years ago

The name for computations that allow you to determine how much money to deposit now to earn a desired amount in the future is

Business

1 answer:

nydimaria [60]3 years ago

5 0

Answer:

Future value

Explanation:

The name for computation that allows you to determine how much money to deposit now to earn a desired amount in the future is "Future value." Future value is the equivalent of an asset at a particular date. It estimates specific nominal future sum of cash that an invested sum of money is "worth" at a stipulated period in the future considering a specific interest rate, or more commonly, rate of interest; it is the immediate price multiplied by the aggregation function.

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Keynes believed that Question 8 options: Say's law would hold in a laissez-faire economy. the economy would always be near or on

zloy xaker [14]

Answer:

wages and prices are often inflexible in the downward direction.

Explanation:

John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.

Keynes believed that wages and prices are often inflexible in the downward direction.

In Economics, when there are monetary disturbances and a great level of macroeconomic factors in the economy of a particular country, this usually result in prices of goods and services being sticky.

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2 years ago

Suppose that a decrease in the demand for goods and services pushes the economy into recession. What happens to the price level?

ohaa [14]

A decrease in aggregate demand causes the price level to fall. If the government takes no action to
counter this, then the actual price level will be below the price level that people expected.
Individuals will eventually correct their expectations of the price level. As they do so, prices and
wages will adjust accordingly, shifting the aggregate supply curve to the right (down). For example
if wages are sticky, in light of the lower price level, firms and workers will eventually make bargains
for lower nominal wages. The reduction in wages lowers costs of production, so firms are willing to

7 0

3 years ago

Assuming a current ratio of 1.00 and an acid test ratio of .75 how will the purcahse inventory with cash affect each ratio

MAVERICK [17]

The current ratio will remain the same as 1 only

The acid-test ratio will decrease.

The current ratio will stay the same because there won't be a change in current liabilities, and the change in current assets won't have any net consequences because the asset will grow due to an increase in inventory, but it will also decrease by the same amount due to a decrease in cash, so the current ratio will stay the same.

The acid-test ratio will decline since the numerator will shrink owing to a cash shortage, and the growth in inventory won't be taken into account because current assets aren't included in this ratio.

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1 year ago

Acme, Inc., incurs the following costs during May:

chubhunter [2.5K]

Answer:

Particulars Amount

Raw material used $18,600

Add: Direct labor $26,600

Overhead costs

Factory supplies $3,100

Plant depreciation $6,800

Indirect labor $8,600

Utilities ($10,600*80%) $8,480

Total overhead cost $26,980

Total manufacturing costs $72,180

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2 years ago

QS 7-10 (Algo) Aging of receivables method LO P3 Net Zero Products, a wholesaler of sustainable raw materials, prepares the foll

goldenfox [79]

Part-1 Computation of Estimated Uncollectible - Dhaliwal

Account Receivable (a% of uncollectible (b)Uncollectible amount (a*b)

Not Due $1,00,000.00 1% $1,000.00

1 to 30 $38,000.00 2% $760.00

31 to 60 $17,000.00 4% $680.00

61 to 90 $14,000.00 6% $840.00

over 90 $16,000.00 10% $1,600.00

Estimated Balance of allowance for uncollectible $1,85,000.00 $4,880.00

Part 2: Journal Entry

Account Titles and Explanation Debit Credit

Bad Debt Expenses

(4880-3000) $1,880.00

Allowance for doubtful accounts $1,880.00

An account may be the document in a gadget of accounting wherein a business records debits and credits as proof of accounting transactions. as a consequence, the bills receivable account shops information approximately billings to customers, as well as reductions of those billings due to payments from clients.

3 specific types of debts in accounting are actual, private, and Nominal Accounts. the real account is then categorized into subcategories – Intangible real account, Tangible actual account. additionally, 3 distinct sub-forms of non-public accounts are natural, representative, and synthetic.

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9 months ago