What is the current business cycle in the U.S?

Serena just finished making a buyer presentation to Mark and Debbie Calhoun. Now that they understand the difference between bei

Yanka [14]

Answer:

Notifying Serena of any material changes

Explanation:

With Serena now serving as their (Mark and debbie Calhoun) agents, it is paramount that Serena (the agent) be notified about any material changes made by the buyers. The buying agents (in this case Serena) is an individual or organization that is responsible for purchasing goods or property on behalf of another person. They are usually license professionals who search and undergo the purchasing procedure of products that their clients is interested in owning.

8 0

4 years ago

what is a major advantage of the multiple-step income statement over the single-step income statement? the multiple-step income

Nataly [62]

The multiple-step income statement clearly presents the value of total expenses is a major advantage of the multiple-step income statement over the single-step income statement. The correct option is A.

<h3>What is the advantage of using the multiple-step income statement?</h3>

The main advantage of using a multi-step income statement is that it separates operating and non-operating income. This reduces financial clutter and emphasizes the most important aspect of a company's finances—the operational portion.

Multiple-step income statements' siloed breakdowns enable deeper margin analysis and more accurate representations of costs of goods sold. Such specificity provides stakeholders with a clearer picture of how a company operates by comparing gross, operating, and net margins.

Thus, the ideal selection is option A.

Learn more about the multiple-step income statement here:

brainly.com/question/28893322

#SPJ1

6 0

1 year ago

All societies face a trade-off between equality and efficiency.If the United States government lowers the income taxes on the we

xenn [34]

Answer: Decrease in efficiency and decrease in equality in the united states.

Explanation: In economics the situation in which one thing cannot be improved without the other thing being hurt is called efficiency. Decreasing tax on wealthy and decreasing welfare payments will both result in decrease in efficiency in the economy as well as decreasing the equality as the wealthy will have more to save and consume and the poor ones living standard will decline further.

4 0

4 years ago

A consumer is consuming at a point on her budget line. Her income is $50 a week, and she purchases hamburgers and grilled cheese

PIT_PIT [208]

Answer:

0 hamburgers

Explanation:

if the consumer's budget is $50 and each hamburger and cheese sandwich costs $5 each, her consumption possibilities frontier is:

hamburgers cheese sandwiches

10 0

9 1

8 2

7 3

6 4

5 5

4 6

3 7

2 8

1 9

<u>0</u> <u>10</u>

Since she is spending all her money on cheese sandwiches, she doesn't have any money left to spend in hamburgers.

5 0

4 years ago

Congratulations again. You've just been appointed economic adviser to the president of Examland. The mpe is 0.8; autonomous inve

Contact [7]

Answer:

Explanation:

(a)

mpe = 0.8

Autonomous investment = $1,100

Autonomous government spending = $8,100

Autonomous consumption = $9,000

Autonomous net exports = $900

At equilibrium,

Y = Autonomous consumption + [mpe * Y] + Autonomous government spending + Autonomous investment + Autonomous net exports

Y = 9000 + 0.8Y + 8100 + 1100 + 900

Y = 0.8Y + 19100

Y - 0.8Y = 19100

0.2Y = 19100

Y = 19100/0.2 = 95500

The level of income is $95,500.

(b)

Now, autonomous exports increases by $1,500.

mpe = 0.8

Autonomous investment = $1,100

Autonomous government spending = $8,100

Autonomous consumption = $9,000

At equilibrium,

Y = Autonomous consumption + [mpe * Y] + Autonomous government spending + Autonomous investment + Autonomous net exports

Y = 9000 + 0.8Y + 8100 + 1100 + 2,400

Y = 0.8Y + 20600

Y - 0.8Y = 20600

0.2Y = 20600

Y = 20600/0.2 = 103000

Thus,

The income rises by $7,500.

(c)

Now, mpe decreased from 0.8 to 0.6

mpe = 0.6

Autonomous investment = $1,100

Autonomous government spending = $8,100

Autonomous consumption = $9,000

Autonomous net exports = $900

At equilibrium,

Y = Autonomous consumption + [mpe * Y] + Autonomous government spending + Autonomous investment + Autonomous net exports

Y = 9000 + 0.6Y + 8100 + 1100 + 900

Y = 0.6Y + 19100

Y - 0.6Y = 19100

0.4Y = 19100

Y = 19100/0.4 = $47,750

The level of income is $47,750.

Now, autonomous exports increases by $1,500.

mpe = 0.6

Autonomous investment = $1,100

Autonomous government spending = $8,100

Autonomous consumption = $9,000

At equilibrium,

Y = Autonomous consumption + [mpe * Y] + Autonomous government spending + Autonomous investment + Autonomous net exports

Y = 9000 + 0.6Y + 8100 + 1100 + 2400

Y = 0.6Y + 20600

Y - 0.6Y = 20600

0.4Y = 20600

Y = 20600/0.4 = 51500

Thus,

The income rises by $3,750.

3 0

3 years ago