<span>Government increases the tax rate.
Consumers have less money to spend.
</span>Producers manufacture fewer goods.
Inflationary pressure decreases.<span>
</span>
Answer:
$9,800,000
Explanation:
Statement of Cash Flows (Indirect Method)
Particulars Amount
Net income $8,400,000
Add: Adjustment for operating activities -<u>$1,300,000</u>
Net cash flow from Operating Activities (I) $7,100,000
Add: Net Cash Flow from Investing Activities (II) -$1,300,000
Add: Net Cash Flow from Financing Activities (III) <u>$4,000,000</u>
Net Cash Flow (I+II+III) <u>$9,800,000</u>
Answer:
$3,483.17
Explanation:
Calculation for the amount of cost allocated to the Cafeteria under the step method
Using this formula
Allocation to Cafeteria=[Cafeteria/(Cafeteria+Producing Department A+Producing Department B)]×Budgeted costs
Let plug in the formula
Allocation to Cafeteria=[25/(25 + 308 + 287)] x $72,450
Allocation to Cafeteria=(25/520)×$72,450
Allocation to Cafeteria=0.0480769231×$72,450
Allocation to Cafeteria=$3,483.17
Therefore the amount of cost allocated to the Cafeteria under the step method would be $3,483.17
Answer:
The answer is: A) is the sum of all individual demand curves.
Explanation:
By definition the market curve is the sum of all individual demand curves in a market. It shows the total quantity of goods that consumers demand (are willing and able to purchase) at varying price points. Usually the curve shows a downward slope since consumer demand decreases as the price of a good increases.
Answer: This is the type of cost known as Sunk.
- sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.
- A sunk cost refers to money that has already been spent and which cannot be recovered. ... Sunk costs are excluded from future business decisions because the cost will remain the same regardless of the outcome of a decision.
- The sunk cost effect is manifested in a greater tendency to continue an endeavor once an investment in money, effort, or time has been made. Evidence that the psychological justification for this behavior is predicated on the desire not to appear wasteful is presented.
