Answer: Increase in Supply of Loanable funds
Explanation:
With people now living longer in Zimbabwe, they will need a way to sustain their selves in their old age. This will lead to them saving more money in pensions and other financial instruments presented by banks.
These banks will then use this money that these people have saved to create loans for entities in the economy thereby increasing the supply of loanable funds and reducing interest rates.
Answer:
Cost of goods sold will be too low by $5000.
Explanation:
Since, As per the given situation the current year the ending inventory is overstated by $5,000. By mistaken company reported the net income is $100,000.
Therefore, the ending inventory is high so, the error on the income statement of the current period is the too low of cost of goods sold will be by $5000.
Answer:
The correct answer is B) Buyer Intentions Method also known as <em>Consumers' Buyer Plan.</em>
Explanation:
This plan involves approaching customers to elicit information from them about their likelihood to make purchases during a particular period. It is most effective when the number of customers is small relative to the ability of the business to reach out to them.
A sales forecast based on this method has several demerits such as:
- The customers may change their minds anytime without consultation with the business
- It is an uneconomical way to do a forecast when the client base is large
- Predicting sales over the long-run using this method is statistically impossible
It has a few merits in that the information is obtained first hand from the consumers or buyer and the real intentions of the buyers at the time of collecting information is known.
Cheers!
Answer:
$267,000
Explanation:
Total manufacturing cost refers to the sum of all expenses incurred by a firm in the production process in a period. Total manufacturing cost is compared with total revenue to determine profitability. The calculation of total manufacturing involves additional direct materials, direct labor, and overhead costs.
Therefore, total manufacturing cost = Direct materials +Direct labor + overhead costs.
For crane company:
$390,000= $59,000 + $ 64,000 + direct labor
= $390,000= $123,000 + direct labor
=Direct labor =$390,000-$123,000
=$267,000
<span>A rise in the discount rate cuts the present
value factor and the present value. This is for the reason
that a higher interest rate means you would have to set a
smaller amount aside today to earn a specified amount in the future. A decrease in
the time period increases the present value factor
and increases the present value. In other words, when
you earn more interest, you can capitalize less money today to have the same amount
at a given point in the future.</span>