Answer:
The correct answer is letter "E": The government implemented a generous welfare plan 3 years ago to support people who cannot find work.
Explanation:
According to the excerpt, a government implemented fiscal policies to increase employment for the past two years but the rate has not risen since then. One of the reasons for such a situation could be <em>generous welfare support</em> implemented one year before the fiscal policy measures started.
<em>If the benefits for the unemployed increase they will be discouraged to return to the labor force</em>. It implies the government should keep the welfare benefits at a level from where unemployed individuals can cover basic needs only but encourage them to find a job to be productive for the economy.
So let's set up an equation:
x-.4x=3000
, where x is the original price of the stock (which is what you want to find)
we subtract .4x since the .4x is denoting that 40% of the original price was taken away from the original value (x) which then equals 3000
So,
.6x=3000
x=3000/.6
x=5000
Answer:
B. the productivity of the asset varies significantly from one period to another
Explanation:
Unit of activity method is a method or technique used in calculating depreciation. This method is used when the value of the asset been measured is more closely related to the productivity capacity than the number of years in use. In this technique of calculating depreciation of an asset, the amount of depreciation charged to an expense varies in direct proportion to the amount of asset usage.
It is calculated using the following formula
DE = [( Original value - Salvage value) / estimated production capabilities] × Units per year.
Where
DE = Depreciation expense.
Answer:
I want to say c cause it's 40 but then again I don't know
Answer: Please see explanatory column for answer.
Explanation:
No Journal entry
Date Amount and explanation Debit Credit
Jan 26 No entry No entry
Reason: this is because even though an agreement was reached in the negotiation,no transaction took place.
Journal to record loan from City Bank
Date Amount and explanation Debit Credit
March 1 Cash $350,000
Notes payable $350,000
Journal to record payment of loan with interest from City Bank from March - September.
Date Amount and explanation Debit Credit
September 1 Notes payable $350,000
Interest Expense $14,000
Cash $364,000
calculation: Interest = PxRXT= 350,000 X 8% X 6/12= $14,000
