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4 years ago

How does the financial market impact the economy?

Business

2 answers:

hoa [83]4 years ago

4 0

Answer:

Stock markets, Consumer spending and business investment slows down (which reduces economic growth), Falling interest rates can stimulate economic growth. Fiscal policy can also affect the economy

Inessa05 [86]4 years ago

3 0

Answer:

Stock markets are one of the factors that affect the economy, but there are others as well. Consumer spending and business investment slows down, which reduces economic growth. Falling interest rates can stimulate economic growth. Fiscal policy decisions also can affect the economy.

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Manufacturing costs include all of the following categories except ________. multiple choice

san4es73 [151]

Answer: administrative cost

Explanation:

3 0

2 years ago

Damien Carranza is a nonexempt employee of Verdant Enterprises where he is a salesperson, earning a base annual salary of $31,75

Allushta [10]

Answer:

Damien Carranza

Gross pay = $1.494.17

Explanation:

a) Data and Calculations:

Base annual salary = $31,750

Weekly base hours = 40 hours

We assume that there are 52 weeks in a calendar year.

Hourly rate = $31,750/(52 weeks * 40 hours) = $15.26442 per hour

Overtime worked = 4 hours

Overtime rate = 4 * $31,750/2,080 * 1.5 = $91.59

Weekly base pay = 40 * $31,750/2,080 = 610.58

Commission = $26,400 * 3% = 792.00

Gross pay = $1,494.17

b) Since Damien is a non-exempt employee, he is entitled to earn the federal minimum wage and qualify for overtime pay. This is calculated as one-and-a-half times his hourly rate, for every hour worked above and beyond the standard 40-hour workweek. The gross pay is Damien's total earnings throughout the week before deductions for mandated taxes, health insurance, retirement, and Medicare contributions are made.

7 0

3 years ago

A company issued 70 shares of $30 par value preferred stock for $4,000 cash. The journal entry to record the issuance is:______.

PtichkaEL [24]

Answer:

E. Debit Cash $4,000; credit Paid-in Capital in Excess of Par Value, Preferred Stock $1,900, credit Preferred Stock $2,100.

Explanation:

Journal Entry for Issuance of 70 shares of $30 par value preferred stock for $4,000 is -

Cash Debited - $4,000

Paid in Capital in excess of Par value Credited - $1,900

Preferred Stock (70 shares × $30 each) Credited - $2,100

The correct option is - E. Debit Cash $4,000; credit Paid-in Capital in Excess of Par Value, Preferred Stock $1,900, credit Preferred Stock $2,100.

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3 years ago

Jax Company uses the acquisition method for accounting for its investment in Saxton Company. Jax sells some of its shares to Sax

Elena-2011 [213]

Answer:

Explanation:

In this question, we are to evaluate the validity of the options. We were told he used the acquisition method. When do we use the acquisition method?

The acquisition method is used when a company is taken in by another company by using a merger, acquisition or through a consolidation.

Now, out of all the options presented, we can see that the selling price less the acquisition value is recorded as a realized gain or loss.

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4 years ago

Read 2 more answers

Brian just started using a budget. He proudly tells friends that his budget helps him know where his money is being spent. It al

stepan [7]

The right answer for the question that is being asked and shown above is that: "<span>Brian has some understanding of budgeting. However, a budget does not create more money each month. It just helps him use his money better." That is the best answer among the choices.</span>

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3 years ago

How does the financial market impact the economy?​

How does the financial market impact the economy?