Answer: $460 billion, but the effect would be larger if there were an investment accelerator.
Explanation:
If the MPC = 0.75 and there is no investment accelerator or crowding out, then a $115 billion increase in the government expenditures would result in the shift in the aggregate demand curve right by:
= $115 billion ÷ (1 - 0.75)
= $115 billion ÷ 0.25
= $115 billion × 1/0.25
= $115 billion / 0.25
= $460 billion.
Therefore, there'll be a shift in the aggregate demand curve right by $460 billion, but the effect would be larger if there were an investment accelerator
Answer:
b. All collections for sales are received immediately upon making the sales.
Explanation:
Internal control, regarded as a process used in assuring objective of an organization in operational effectiveness as well as efficiency and reliable financial reporting, it is also used in assuring of compliance with laws as well as regulations and policies. Generally, internal control can be described as everything which is able to controls risks to an organization. It is a way the
resources of an organization are been
measured as well as been directed and monitored.
It should be noted that Internal control procedures for cash receipts require that:.
✓Custody over cash is kept separate from its recordkeeping.
✓Clerks having access to cash in a cash register should not have access to the register tape or file.
✓An employee with no access to cash receipts should compare the total cash recorded by the register with the record of cash receipts reported by the cashier.
✓Cash sales should be recorded on a cash register at the time of each sale
Answer:
$102,080
Explanation:
Given that,
Service cost = $90,500
Interest rate = 9 %
Expected return on plan assets = $62,800
Prior service cost amortization = $10,300
Projected benefit obligation at January 1, 2017 = $712,900
Pension expense for the year 2017:
= Service cost + Interest cost - Expected return on plan assets + Prior service cost amortization
= $90,500 + ($712,900 × 9%) - $62,800 + $10,300
= $90,500 + $64,080 - $62,800 + $10,300
= $102,080
Answer:
The correct answer is E.
Explanation:
Giving the following information:
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $276,000 to $544,500 and would decrease the current variable costs of $60 by $15 per unit. The selling price of $100 is not expected to change.
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 544,500/ [(100-45)/100]
Break-even point (dollars)= $990,000
