Answer:
Wagner Enterprises and Stone Services
Disposal of old asset:
It could be that Stone Services exchanged its old asset with a new one with a company. In that situation, the debit goes to New Equipment, while the credit is to the old Equipment. Another reason could be that Stone Services sold the old asset on account. In this situation, the debit goes to the Accounts Receivable account, while the old asset is credited accordingly.
Explanation:
When a company disposes of an old asset, it credits the asset account and transfers the amount to the Sale of Asset account. The same is done for the accumulated depreciation, in reverse. When cash is realized from the disposal, the Sale of Asset account is credited, while Cash account is debited. Then, the difference in the Sale of Asset account will be a gain or a loss, depending on the net book value and the cash realized from the sale.
The question seems incomplete but here is the complete question.
Which of the following is not one of the main tasks of strategy-making in a diversified company?
1) Establish investment freedom priorities so that resources re steered into most attractive businesses.
2) initiate actions to boost combined performance of the corporation's collection of businesses
3) Picking the new industries to enter and deciding on the
means of entry.
4) pursuing opportunities to leverage cross-business value
chain relationships and strategic fit into competitive
advantage.
5) Divesting well-performing businesses.
Answer:
5) Divesting well-performing businesses.
Explanation:
A firm or company's strategy-making can be greatly influenced y several factors which do not include the castigation of a fellow company or firm. Strategies involve several methods, factors or ways which a firm, company or business can adopt that may improve it's outputs or other goals which are of great relevance. The other factors mentioned above are great strategies which firm can develop n other to achieve its goals and objectives.
Answer:
E. He is not accounting for the new consumers who will benefit from being able to consume the product.
Explanation:
With the increase in price of product, Demand equals Supply i.e., no shortage exists in the market. Thus, the equilibrium level is achieved at price of $ 10. Further, The most important advantage of increasing the price in the given question is that shortage which exists earlier no longer remains now which will benefit all the consumers including some new consumers as they will able to get the sufficient number of quantities of product for the consumption now. Financial Head of Firm is ignoring the new consumers who will benefit from able to consume the product.
Therefore, He is not accounting for the new consumers who will benefit from able to consume the product.
Answer:
$100 billion
Explanation:
Real GDP is currently = $13.55 trillion
Potential real GDP = $14.0 trillion
Gap = $500 billion
Government purchases multiplier = 5.0
Tax multiplier = 4.0
To increase aggregate demand by $500 billion, the required increase in government expenditure is:
= (1 ÷ government purchases multiplier) × change in aggregate demand
= (1 ÷ 5) × $500
= $100 billion
Therefore, the government expenditure need to be increased by $100 billion.
Answer:
Price floor binding
b. price ceiling binding
price floor and binding
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
The minimum price of milk is above equilibrium price. So, it is a binding price floor
The maximum price of milk is below equilibrium price. It is binding price ceiling
If teenagers can't find jobs due to minimum wages law. It means that the minimum wage must be above equilibrium price. This is because it is when price is above equilibrium price that supply of labour outstrips demand. So, it is a binding price floor
