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3 years ago

What do you mean by economic policy?

Business

1 answer:

Pani-rosa [81]3 years ago

4 0

Answer:

Economic policy refers to the actions that governments take in the economic field. It covers the systems for setting interest rates and government budget as well as the labor market, national ownership, and many other areas of government interventions into the economy.

Explanation:

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Ranch Company estimates warranty expense as 5% of sales. On January 1, warranties payable was $13,000. During the year Ranch pai

Yuki888 [10]

Answer:

$13,000

Explanation:

The computation of the december 31 liability for the warranty is shown below:

Given that

Warranty expense = 5% of sales

Warranty payable = $13,000

Paid amount = $5,000

Sales = $120,000

based on the above information

The warranty liability as on Dec 31 would be equivalent to the warranty payable i.e. $13,000

The same is to be considered

3 0

3 years ago

_________________ involves planning, implementing, and controlling the physical flow of goods, services, and related information

gogolik [260]

Answer:

Logistics

Explanation:

Logistics is the process of managing the movement of merchandise or resources from their point of origin to the intended consumer. Logistics in an organization is the management of mobility and storage activities undertaken by the company. Logistics management will involve the identification of distributors and suppliers of the company's products.

Poor logistics will hurt business performance. If the company's products are not available for consumers to buy, low sales will be realized. An inefficient logistics system will make company products expensive. As a result, the company's goods becomes uncompetitive in the market.

8 0

3 years ago

Much of the supply of ________________ is from china and india where chemical manufacturers have less government oversight.

Eva8 [605]

The answer in the space provided is 'coming from'. It is because the countries like China and India has government which has less over sight which enables them to transport goods from chemical manufacturers because of their government that are not that strict in terms of transporting goods to other countries compared to others countries that have more over sight and are more strict.

7 0

3 years ago

Andrea purchased an auto insurance policy with bodily injury liability limits of 250/500 ($250,000/$500,000). She also purchased

Yuki888 [10]

Answer:

Auto insurance policy with Bodily injury liability limits = 250/500

personal umbrella policy with a limit = $1 million

Self-insured retention = $500

Here, total claim = $750,000

Amount paid by the auto insurance policy = $250,000

Remaining = $750,000 - $250,000

= $500,000

Remaining claim amount of $500,000 shall be paid by the umbrella policy.

8 0

3 years ago

Rauch Incorporated leases a piece of equipment to Donahue Corporation on January 1, 2017. The lease agreement called for annual

Likurg_2 [28]

Answer:

PART-1)

Fair value of leased asset to lessor = 25,000

Minus: PV of un-guaranteed residual value $8,250 X 0.82270 = 6,787

Amount to be recovered through lease payments = 18,213

Four periodic lease payments ($18,213 /3.72325) = 4,892

PART-2)

01/01/2017

Debit: Cash = 4,892

Credit: Unearned Lease Revenue = 4,892

12/31/2017

Debit: Unearned Lease Revenue = 4,892

Credit: Lease Revenue = 4,892

12/31/2017

Debit: Depreciation Expense = 3,333

Credit: Accumulated Depreciation – Equipment = 3,333

6 0

3 years ago

What do you mean by economic policy?​

What do you mean by economic policy?