Answer:
A. Interest rates rise.
C. There is an economic boom overseas that raises the incomes of foreign households.
Explanation:
Option A - It is correct because if the interest rate increases, consumer spending will decline. Therefore, the aggregate demand curve will shift to the left.
Option B - If the government reduces the personal income tax, the consumers will spend more, it will lead the aggregate demand to the right. So, it is wrong.
Option C - Foreign households' income will lead to more savings. Therefore, spending will decline. So, it is the correct statement.
Option D - It is incorrect because corporate profit tax will not consider in the aggregate demand.
Answer:
See below
Explanation:
Acorn Health Services Co.
Income statement for the year ended, January 31st
Service revenue $234,500
Expenses:
Depreciation expense
$16,900
Insurance expense
$8,280
Miscellaneous expense
$6,590
Rent expense
$68,300
Supplies expense
$4,060
Utilities expense
$26,030
Wages expense
$255,200
Total expense ($385,360)
Net income (loss) $150,860
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Answer:
Total cost of transferred to finished goods inventory = $ 136,500
Explanation:
To value cost of transferred finished goods, we multiply the cost per equivalent unit of production (cost per EUP) by the the number of equivalent units (EUP) for each of the cost element.
So the value of the finished inventory, is determined as follows:
Value of inventory = cost per E.U.P × number of E.U.P
Direct Material = $5.00 × 21,000 =$ 105,000
Conversion cost = $1.50 × 21,000= $31,500
Total cost of transferred to finished goods inventory =
$ 105,000 + $31,500
= $ 136,500
Answer:
B
Explanation:
Rather than a leader using the situational approach in order to adapt their leadership style to meet the changing needs and development level of their followers, it is often times more beneficial for a leader to choose their behaviors and leadership style based on the characteristics of their followers and the work setting (North Ouse, 2016, p.93). The path-goal theory is a contingency theory that allows leaders to choose a leadership style that will motivate their followers to reach their goals, and help them steer clear of any obstacles they may come across in the process (Pennsylvania State University, 2019).
