<span>895 * 0.75 * 1.08 = 724.95$
800 - 724.95 =
75.05$</span>
Answer:
284%
Explanation:
You calculate it using the conversion method
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Answer: credit to Common Stock Dividends Distributable for $43500
Explanation:
Based on the information given in the question, the entry to record the transaction of May 24 goes thus:
Debit Stock Dividend = 87000 × 5% × $16 = $69600
Credit To Common Stock Dividend Distributable = 87000 × 5% × $10 = $43500
Credit To Paid in capital in excess of Par - Common Stock = $69600 - $43500 = $26100
Answer:
increase spending
Explanation:
In order to try to rebound the economy the FED has three options:
- Carry on an expansionary monetary policy which increases the money supply and decreases interest rates, which should increase aggregate demand.
- Increase government spending, which should increase total aggregate demand.
- Decrease taxes, which would increase the amount of disposable income held by consumers and businesses, which should also increase aggregate demand.
The problem is that nothing is free; an expansionary monetary policy increase the inflation rate, an increase in government spending and a decrease in taxes increases the government deficit and national debt (and the interests paid on them).