Answer:
See explaination
Explanation:
We can look at the AD–AS model to be related to the Phillips curve model of wage or price inflation and unemployment. A special case is a horizontal AS curve which means the price level is constant. The AD curve represents the locus of equilibrium in the IS–LM model.
See attachment for the graphical representation of the models.
Answer:
Explanation:
The indications are shown below:
1. Pay a cash dividend = dividend is debited and cash is credited
2. Pay rent in advance for the next three months = Prepaid account is debited and cash is credited
3. Provide services to customers on account = Account receivable is debited and service revenue is credited
4. Purchase office supplies on account = Supplies account is debited and account payable is credited
5. Pay salaries for the current month = Salaries expense is debited and cash is credited
6. Issue common stock in exchange for cash. = cash is debited and common stock is credited
7. Collect cash from customers for services provided in (3) above. = Cash is debited and account relevance is credited
8. Borrow cash from the bank and sign a note = Cash is debited and note payable is credited
9. Pay for the current month's utilities = Utilities expense is debited and cash is credited
10. Pay for office supplies purchased in (4) above = Account payable is debited and cash is credited
Answer:
The correct answer is B.
Explanation:
Giving the following information:
It takes 80,900 direct labor hours to manufacture the Party Line and 93,500 direct labor hours to manufacture the Holiday Line. Overhead consists of $225,000 in the machine setup cost pool and $149,960 in the packaging cost pool.
We need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (225,000 + 149,960) / (80,900 + 93,500)= $2.15 per direct labor hour
Answer:
the correct option is A) According to Levitt, Technology drives the world toward a converging commonalty.
Explanation:
Levitt's Thesis states that "a dominant force drives the world towards a converging commonality, allowing international businesses to become global by standardizing their product and service offering".
One of the main forces he identified was technology.
It has become very evident that Technology is an essential force that drives the modern form of business globalization because technology has helped overcome major barriers to trade in the international scene by introducing standardized processes and global quality assurance.
It has also eliminated delays in information exchange, created a virtual market and ease of interaction between countries making international business processes cost effective and efficient.
Answer:
$32,647
Explanation:
P=R(1-(1+i)^-n)/i
Where P=$140,000
R=?
i=14%
n=7 years
by putting above values in formula, we get
140,000=R (1-(1+.14)^-7)/.14
$140,000=R4.288
R=$140,000/4.288
R=$32,647
