The Right Response is Option C which is Long Term Changes in the Economy.
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Why Did Friedman Argued So?</u></h3>
- The concept of monetarism, which refers to the management of money in the economy, was developed by Milton Friedman. According to Friedman, changes in the money supply can have both long- and short-term consequences.
Friedman suggested that long-term changes in the economy had an impact on consumer behavior. Long-term economic developments have an impact on how consumers behave while making purchases. For instance, if long-term economic trends are favorable, consumer spending will rise; otherwise, it would fall.
Therefore, "long-term changes in the economy" is the right response.
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Correct Question - Milton Friedman argued that consumers are more likely to alter their behavior based on
a) changes in the unemployment rate.
b) short-term changes in the economy.
c) long-term changes in the economy.
d) changes in the inflation rate.
Answer:
The correct answer is 1,900,000 dollars.
Explanation:
This question requires us to calculate the amount that the Sun angel will recognize as warrantly liability in it balance sheet for the year ended at 20x1.
The sales made during the year is 180 millions dollars. So the company will recognize the provision as follow (during the year)
(180M * 4%= 7.2M)
Debit Warrantly Expense $7.2M
Credit Liability $7.2M
Claim entertain during the year that has reduce the above recognize liabilty is
Debit Liabilty $5.3M
Credit Cash $5.3M
Liability to be reported = $7.2M - $5.3M = 1,900,000 dollars
Answer and Explanation:
The identification of the following terms as an accounting principle, assumption or constraint is
1 Business entity = Assumption
2. Measurement = Principle
3 Cost-benefit = Constraint
4 Revenue recognition = Principle
In this way the identification of the accounting terms would be done
The same is relevant too
Answer:
option B) $ 25M
Explanation:
Data provided in the problem:
Without proposed project A,
The estimated cash flows over the next 3 years = $ 275M
With the proposed project A,
The estimated cash flows over the next 3 years = $ 300M
Now, the amount of incremental cash flows associated with Project A will be calculated as;
Incremental cash flow = Cash flows (With Project A) - Cash flows (Without Project A)
on substituting the values, we get
Incremental cash flow = $ 300M - $ 275M = $ 25M
Hence, the correct answer is option B.
Answer:
B. may incorporate in any state it chooses.
Explanation: