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3 years ago

What do supporters of supply-side economics believe?

2 answers:

8 0

Supporters of supply-side economics believe taxes have a strong negative influence on economic output. This means that taxes punished productivity and if they were lowered, people would produce more goods and services. This theory states that <span> if taxes were cut on the richest people in society, rich people would use their extra money to invest in the economy, but if taxes were increased, the wealthy would leave the country and invest somewhere else where the tax rates are lower. </span>

kipiarov [429]3 years ago

3 0

Answer:

That taxes have a strong negative influence on economic output

Explanation:

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llowing is selected financial information from General Mills, Inc., for its fiscal year ended May 29, 2011 ($ millions):

shutvik [7]

Answer:

hello your question is incomplete below is the complete question

Formulating Financial Statements from Raw Data

Following is selected financial information from General Mills, Inc., for its fiscal year ended May 29, 2011 ($ millions):

Revenue $14,880.2

Cash from operating activities 1,526.8

Cash, beginning year 673.2

Stockholders' equity 6,612.2

Non-cash assets 18,054.9

Cash from financing activities* (865.3)

Cost of goods sold 8,926.7

Total expenses (other than cost of goods sold) 4,155.2

Cash, ending year 619.6

Total liabilities 12,062.3

Cash from investing activities (715.1)

*Cash from financing activities includes the effects of foreign exchange rate fluctuations.

(a) Prepare the income statement, the balance sheet, and the statement of cash flows for General Mills for the fiscal year ended May 2011.

Hint: Enter negative numbers only for answers in the statement of cash flows (if applicable).

Explanation:

Attached below are the tables prepared by me showing the income statement for the year ending may 29 2011, Balance sheet ending May 29 2011, statement of cash flows fo year ending May 29 2011

3 0

3 years ago

The ethics code at the company where quincy works sets forth a strict "no tolerance" policy for accepting gifts from suppliers o

makvit [3.9K]

Answer:

The correct answer would be, It appears that his policy is Compliance Based Ethics Codes.

Explanation:

Compliance based ethics codes are basically the ethical standards. These standards emphasize on the use of ethics at every level and prevent unlawful behavior by controlling the unethical behaviors and charging the wrong doers with penalties.

So if a company has such rules where there is a strict restriction on accepting gifts from suppliers or vendors and outlines the penalties for violating the rules, then this company is practicing the Compliance Bases Ethics Codes.

6 0

4 years ago

If you believe a violation of a safety or health standard, or an imminent danger situation, exists in your workplace, you may fi

olasank [31]

Your answer should be OSHA

3 0

3 years ago

Read 2 more answers

Kragan Clothing Company manufactures its own designed and labeled athletic wear and sells its products through catalog sales and

aev [14]

Answer:

1. $276,500

2. $328,950

Explanation:

1. Computation for the selling costs to be assigned to the "high-intensity" line of athletic wear for the month of March using the traditional product costing system

Traditional product costing = $395,000 * 70%

Traditional product costing = $276,500

Therefore the selling costs to be assigned to the "high-intensity" line of athletic wear for the month of March using the traditional product costing system is $276,500

2. Computation for the selling costs to be assigned to the "high-intensity" line of athletic wear for the month of March using activity-based costing

Activity based costing :

Sales commissions ($940,000*$0.05) $47,000

Advertising - TV (230*$300) $69,000

Advertising - internet (2,000*$10) 20,000

Catalogs (62,400*$2.50) $156,000

Cost of catalog sales (8,750*$1) 8,750

Credit and collection ($940,000*$0.03) $28,200

Selling cost $328,950

Therefore the selling costs to be assigned to the "high-intensity" line of athletic wear for the month of March using activity-based costing is $328,950

6 0

3 years ago

A florist had promised to have the bridal flowers delivered to the wedding rehearsal dinner by 6 p.m. Because of vehicle problem

Verdich [7]

Answer:

b. Recovery paradox

Explanation:

Based on the scenario being described within the question it can be said that the florist is responding to the Service recovery paradox. This is a situation in which customers place companies on a higher pedestal after they solve a problem that the customer has had with their product or service. Which is what has happened in this scenario as the customers were extremely pleased with the company's service after they corrected the previous missed delivery.

7 0

4 years ago