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3 years ago

What happens to the price of these needed goods if production declines and there are fewer goods to go around?

Business

1 answer:

Lostsunrise [7]3 years ago

5 0

Answer:

the price increases

Explanation:

its inflation due to the decrease in production of the the product but not the need for it the price will rise.

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The Federal Open Market Committee (FOMC). Multiple Choice provides advice on banking stability to the Fed. sets policy on the sa

d1i1m1o1n [39]

Answer:

follows the actions and operations of financial markets to keep them open and competitive.

Explanation:

In simple words, The Federal Open Market Committee relates to the division of the Federal Reserve Board which decides the course of monetary policy, in particular by coordinating free market activities. The panel is formed up of twelve representatives: the manager, seven FRB supervisors named by the Parliament, and four national federated presidents.

Thus, from the above we can conclude that the correct statement is C.

8 0

3 years ago

Debbie is a Financial Planner and charges her clients on a commission basis. For a particular month, Debbie makes three deals of

iVinArrow [24]

Answer

$400

Step by step explanation

Step 1: Total of the three deal = $40,000

Commission = 1% = 1/100 = 0.01

Step 2: Find the commission for $40,000

Commission earned for the month = 0.01 *$40000

= $400

I hope you will understand this.

Thank you.

3 0

4 years ago

Read 2 more answers

ABC Company has the following information at the end of the current year: Direct Materials Used $25,000 Beginning Work-in-Proces

notsponge [240]

Answer:

The correct answer to the following question is $39,000 .

Explanation:

The given information -

Direct material - $25,000

Beginning work in progress - $2000

Ending work in progress - $5000

Direct labor - $10,000

Manufacturing overhead - $7000

So to calculate the cost of goods manufactured =

Direct material + Beginning work in progress + Direct labor + Manufacturing Overhead - Ending work in progress

= $25,000 + $2000 + $10,000 + $7000 - $5000

= $39,000

7 0

4 years ago

Times Inc. is trying to develop an asset-financing plan. The firm has $540,000 in temporary current assets and $440,000 in perma

masya89 [10]

Answer:

Times Inc.

Conservative Aggressive

a) Annual interest payments $207,360 $184,275

b) Earnings After Taxes $127,584 $141,475

c) Annual interest payments $149,040 $172,125

Earnings After Taxes $162,576 $148,725

Explanation:

a) Data and Calculations:

Temporary current assets = $540,000

Permanent current assets = 440,000

Fixed assets = 640,000

Total assets = $1,620,000

Assumed tax rate = 40%

Conservative Aggressive

Financed by long-term sources 80% 56.25%

Long-term finance $1,296,000 $911,250

Short-term finance 324,000 (20%) 708,750 (43.75%)

Annual interest payments:

Long-term interest rate = 14% $181,440 $127,575

Short-term interest rate = 8% 25,920 56,700

Total annual interest payments $207,360 $184,275

b) Earnings before

interest and taxes $420,000 $420,000

Annual interest payments 207,360 184,275

Earnings before taxes $212,640 $235,725

Income taxes (40%) 85,056 94,250

Earnings After Taxes $127,584 $141,475

Annual interest payments:

Long-term interest rate = 8% $103,680 $72,900

Short-term interest rate = 14% 45,360 99,225

Total annual interest payments $149,040 $172,125

c) Earnings before

interest and taxes $420,000 $420,000

Annual interest payments 149,040 172,125

Earnings before taxes $270,960 $247,875

Income taxes (40%) 108,384 99,150

Earnings After Taxes $162,576 $148,725

5 0

3 years ago

Promoters of an LLC are Select one: a. are never personally liable on pre-formation debt. b. always liable on pre-formation debt

Bad White [126]

Answer:

The answer is C. only liable on pre-formation debt until a novation occurs.

Explanation:

The corporation and the third-party agree to release the promoter from liability and to substitute the corporation in place of the promoter as the party liable on the contract. May be express or implied.

5 0

3 years ago