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3 years ago

The belief that the money supply is the most important factor in macroeconomic performance is _____.

Business

1 answer:

navik [9.2K]3 years ago

5 0

Answer:

d. monetarism

Explanation:

Monetarism- belief that money supply is the most significant factor in macroeconomic efficiency

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On January 1, Greene Inc. issued $5,000,000, 9% bonds for $4,685,000. The market rate of interest for these bonds is 10%. Intere

skad [1K]

Answer:

b.$296,500.

Explanation:

Calculation to determine what Greene should report as unamortized bond discount

First step is to calculate the discount amount

Discount Amount= ($5,000,000 × .09) - ($4,685,000 × .10)

Discount Amount= $18,500

Now let determine the unamortized bond discount

Unamortized bond discount=$315,000 - $18,500 Unamortized bond discount= $296,500

Therefore Greene should report unamortized bond discount of $296,500

5 0

3 years ago

A pharmaceutical company purchased a patent for a new drug October 1 for $8,000,000. The remaining legal life of the patent is 1

Vinvika [58]

Answer: $400,000

Explanation:

When calculating the amortization of a patent, we either use the legal life or the useful life depending on which is shorter which in this case is the useful life.

Annual Amortization;

= (Cost - Salvage value) / 5 years

= (8,000,000 - 0) / 5

= $1,600,000

Patent was purchased October 1. October to December is 3 months.

Depreciation for the year is therefore;

= 1,600,000 * 3/12

= $400,000

4 0

3 years ago

If there are 10 plants producing the total domestic consumption of a product and each plant is operating at minimum efficient sc

tatiyna

Answer:

The correct answer is B. If there are 10 plants producing the total domestic consumption of a product and each plant is operating at minimum efficient scale, then each plant accounts for 10 percent of domestic consumption.

Explanation:

It is understood that the total consumption of a product is 100% of it. Therefore, as long as there are 10 plants that, producing at a minimum efficiency scale on an equal basis, cover this total consumption, the percentage of consumption that each plant produces will be 10%.

This is so because 100/10 = 10, provided that it is considered that the production is carried out equitably between each of the production plants.

3 0

3 years ago

Which of the following is most associated with managerial accounting?a. must follow GAAPb. may rely on estimates and forecastsc.

Vilka [71]

Answer:

b. may rely on estimates and forecasts

Explanation:

Managerial accounting involves not only financial information, it might also include information about production processes, customer satisfaction, etc. E.g. defective units, budgeted production output, % of closed sales, etc. Managerial accounting is used by management to supervise and control how the company is operating, not necessarily if it is making a profit or not.

3 0

4 years ago

A company had net sales of $752,000 and cost of goods sold of $543,000. Its net income was $17,530. The company's gross margin r

irina1246 [14]

Answer:

The gross margin ratio is 27.8%

Explanation:

Gross Margin is an indicator of whether a company is running an efficient operation and if its sales are good enough

The formula for calculating gross margin ratio is

Total revenue - cost of goods sold ÷ total revenue x 100

Total revenue = $752,000,

Cost of goods sold = $543,000

therefore gross margin ratio

$752,000 - $543,000 = $209,000

$209,000 ÷ $752,000 = 0.2779

0.2779 × 100 = 27.79 ≅ 27.8%

8 0

3 years ago