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xeze [42]
3 years ago
13

Presented below is information related to Waterway Company. Cost Retail Beginning inventory $374,710 $283,000 Purchases 1,393,00

0 2,165,000 Markups 93,800 Markup cancellations 16,500 Markdowns 37,300 Markdown cancellations 4,500 Sales revenue 2,181,000 Compute the inventory by the conventional retail inventory method.

Business
1 answer:
Lilit [14]3 years ago
5 0

Answer:

$218,050

Explanation:

Please see attachment.

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Fiscal policy refers to the idea that aggregate demand is affected by changes in Group of answer choices the money supply govern
Alik [6]

Answer:

All answers are correct except Money Supply

Explanation:

Fiscal policy affects aggregate demand through government spending and taxes. Government may increase taxes to increase revenue or discourage the consumption of a product. On the flipside, they may reduce taxes to stimulate spending, redistribute income, increase aggregate demand among other objectives.

Money supply is a monetary policy and it is used by the central bank to achieve certain objectives (reduce inflation, stimulate growth, increase demand, etc.)

Government spending is a fiscal policy that government uses to achieve a set of objectives (i.e. to supply goods and services that are not provided by the market or private sector – construct bridges, provide health facilities, social programmes for the poor among others).

Taxes – Tax is a fiscal policy tool used by the government to generate revenue, encourage or discourage the consumption of certain products or affect aggregate demand through income redistribution.  

Trade policy could be in the form taxes (i.e. tariffs, import duties, custom duties among others). Trade policy is a fiscal policy as government can use it to control aggregate demand by placing embargo on the importation of certain products to reduce the demand of such products in the local economy.

5 0
3 years ago
Although the rate of inflation is only 2 percent, Kayla receives a 6 percent increase in salary. She is nonetheless dissatisfied
aalyn [17]

Answer:

b. outcome fairness

Explanation:

Based on the information provided within the question it seems that Kayla is likely to contend there is a lack of outcome fairness. This term refers to the degree to which an outcome meets the standards that are met. Which is why Kayla is dissatisfied, since the salary increase should always be the same and follow a standard, which is not the case in this scenario since Bob's increase was 3% more.

4 0
3 years ago
Blue Spruce Corp. accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Data Ne
Kruka [31]

Answer:

<u>Company's total inventory</u> 30,850

Camaras: 10,960

Camcorders: 8,850

DVDs: 11,040

Explanation:

<u>Camaras: </u>

cost: 10,960

net realizable value: 12,060

<u>Camcorders: </u>

cost: 8,850

net realizable value: 9,170

<u>DVDs: </u>

cost: 12,100

net realizable value: 11,040

<u>Company's total inventory</u>

10,960 + 8,850 + 11,040 = 30,850

We must pick between the historic cost or the net realizable value the lower. The reasoning behind this is the conservatism accounting principle to keep the assets valued at minimum.

3 0
3 years ago
Jerry lives in New Mexico and makes $52,000 a year. If the median annual income in New Mexico is $53,731 and the median annual i
daser333 [38]
Yes, Jerry is likely to qualify, since his yearly income is below the median annual income of New Mexico.
4 0
4 years ago
Read 2 more answers
Assume you had determined that John Firestone, vice president of Pierce Chemicals, was a prospect for your paper and metal conta
Nuetrik [128]

Answer: Please refer to Explanation.

Explanation:

1. Honesty.

State the purpose of your call to the secretary and sell your product. For instance, " Hello, my name is Mr. Petal and I represent a fast rising Paper and Metal Container company. After researching about your company, I felt it most expedient to get in touch with Mr. Firestone as I believe this is business he will be interested in. We offer perks that are unmatched in the industry".

2. Persistence.

You can be persistent on the phone if you detect deceit in the secretary's tone.

For instance,

" Having been in the chemical industry myself, I know such an opportunity does not come often and I really do guarantee that we give the best benefits in the industry. If you can, just let me talk to Mr. Firestone, I promise that neither of you will regret it".

If it still doesn't work, ask for a convenient time you can call back.

4 0
3 years ago
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