All categories

3 years ago

In the Keynesian-cross model, actual expenditures differ from planned expenditures by the amount of:

Business

1 answer:

dmitriy555 [2]3 years ago

5 0

Answer: Option (c) is correct.

Explanation:

Correct option: Unplanned inventory investment.

Unplanned inventory investment is a component of investment spending. The other component of investment spending is planned inventory investment.

Unplanned inventory investment occurs when actual sales are more or less than the company's expected sales which results in unplanned changes occurred in the inventories.

Hence, in the Keynesian-cross model, actual expenditures differ from planned expenditures by the amount of Unplanned inventory investment.

You might be interested in

Standards for the Code of Ethics for Market Intelligence Professionals includes to manipulate the data as the researcher sees fi

aalyn [17]

Answer:

to provide honest and realistic recommendations and conclusions in the execution of one's duties

to comply with enforced laws,

Explanation:

6 0

3 years ago

During the year Waterway reported net sales of $951000. The company had accounts receivable of $75500 at the beginning of the ye

Nookie1986 [14]

Answer:

37.9 days

Explanation:

Given that,

Net sales = $951,000

Beginning accounts receivables = $75,500

Ending accounts receivables = $122,000

Average accounts receivables:

= (Beginning accounts receivables + Ending accounts receivables) ÷ 2

= ($75,500 + $122,000) ÷ 2

= $98,750

Accounts Receivable Turnover:

= Net sales ÷ Average accounts receivables

= $951,000 ÷ $98,750

= 9.63

Average collection period:

= 365 days ÷ Accounts Receivable Turnover

= 365 days ÷ 9.63

= 37.9 days

4 0

3 years ago

You have saved $120,000 for your child to attend college. If it is in an account earning an annual rate of 8%, how much can yo

harkovskaia [24]

Answer:

I will take $36,230.5 to pay for the education of child.

Explanation:

Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.

We will use following formula to calculate the annual payments

P = r ( PV ) / [ 1 - ( 1+ r )^-n ]

where

PV = amount of investment = $120,000

r = rate of return = 8%

n = number of period = 4 years

P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]

P = 36,230.5

3 0

3 years ago

The following data concerning the retail inventory method are taken from the financial records of Welch Company. Cost Retail Beg

maksim [4K]

Answer:

$ 168,000

Explanation:

Include both Mark-ups and Mark-Downs and Exclude beginning inventory

When LIFO Inventory Method is used to find out Ending inventory retail Value. Cost to Retail Ratio will be Applied for both Previous year ending Inventory and the Current Year addition To Calculates

the Previous year Ending inventory :

Cost to Retail Ratio : Ending inventory at cost / Ending inventory at Retail

For Current year Addition :

Cost to Retail Ratio : Current Year Addition in Cost /Current Year Addition in Retail

Current year addition in retail includes : Markup ,Markdown purchases

Kindly check the attached images below to see the step by step explanation to the question above.

5 0

3 years ago

Angela Fox and Zooey Caulfield were food and nutrition majors at State University, as well as close friends and roommates. Upon

S_A_V [24]

Answer:

a) maximize 12x+16y subject to x+y≤60; x+2y≤80; 2x-3y≥0; x-9y≤0.

b) 40 fish and 20 beef dinners

c) $800

Explanation:

Let x and y represent the numbers of fish and beef dinners to prepare, respectively. Then the relations these values must satisfy are ...

x + y ≤ 60 . . . . . a maximum of 60 dinners will be sold

0.25x + 0.50y ≤ 20 . . . . . kitchen hours cannot exceed 20

x/y ≥ 3/2 . . . . . . at least 3 fish dinners for each 2 beef dinners will be sold

y ≥ 0.10(x +y) . . . . at least 10% of dinners sold will be beef

While satisfying these relations, we want to maximize the profit function:

p = 12x +16y

a) The linear programming problem can be formulated as ...

Maximize 12x +16y, subject to ...

x + y ≤ 60
x + 2y ≤ 80
2x - 3y ≥ 0
x - 9y ≤ 0

b) The graph shows the constraint inequalities with the comparison symbol reversed. The effect of that is to shade the area that is NOT part of the solution set, leaving the feasible region white. The vertex of the (white) feasible region that makes the profit line farthest from the origin is the solution we're looking for. Once the profit line is plotted so we can compare its slope to the lines bounding the feasible region, it becomes clear which vertex is the one that maximizes profit.

The solution is (x, y) = (40, 20).

40 fish dinners
20 beef dinners

c) The maximum earnings are estimated to be ...

($12)(40) +($16)(20) = $800

5 0

3 years ago