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3 years ago

The inspection point is the ________.

Business

1 answer:

Semenov [28]3 years ago

3 0

Answer:

The inspection point is the stage of the production cycle where products are checked to determine whether they are acceptable or unacceptable units

Explanation:

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Five years ago, our company purchased land for $53,000. This year, the land is

Alenkinab [10]

Answer:60000

Explanation:

4 0

2 years ago

An economy is operating with output $300 billion above its natural level, and fiscal policymakers want to close this expansionar

NARA [144]

Answer:

The government will need to reduce spending by $60 billion

Explanation:

Expansionary gap is defined as a situation where the total output of an economy exceeds its potential output. That is the economy is performing above its long term potential as measured by GDP.

When this occurs the government will need to reduce spending to match output with economic needs.

Marginal propensity to consume is the proportion of an individual's income that is reserved for consumption.

In this case it is 4/5. This means individuals are willing to spend 4/5 of their income on consumption

The amount needed by the economy to meet consumption is:

Amount consumed= (4/5) * 300 billion

Amount consumed= $240 billion

Therefore

Excess cash= 300 billion - 240 billion = $60 billion

The government will need to reduce spending by $60 billion

3 0

4 years ago

"A customer contributed $50,000 to a variable annuity contract. The account value has grown over the years and the NAV is now $7

makvit [3.9K]

Answer: $20,000 of the distribution is taxable and $5,000 is not taxable

Explanation:

The options to the question are:

A. The entire $25,000 distribution is not taxable

B. $5,000 of the distribution is taxable and $20,000 is not taxable

C. $20,000 of the distribution is taxable and $5,000 is not taxable

D. The entire $25,000 distribution is taxable.

From the question, we are told that a customer contributed $50,000 to a variable annuity contract and that the account value has grown over the years and the NAV is now $70,000.

We are further told that the customer is now age 60, and takes a lump-sum distribution of $25,000 to pay for expenses. This indicates that there will be tax deductible in the amount of :

= $70000 - $50000 = $20,000. It should also be noted that $5000 won't be taxed.

4 0

4 years ago

Mario Dean owns a Wendy's franchise. Mario feels that the franchisor is hurting his business by forcing him to use certain high-

Katarina [22]

Answer:

National Franchise Mediation program ( D )

Explanation:

The National Franchise Mediation program is charged with the responsibility of resolving disagreements/issues arising in the Franchise system of business between the Franchisor ( owner of the business name ) and the Franchisee ( buyer of the business name ) outside the court of law.

The National Franchise mediation program will arbitrate the dispute between Mario Dean and Wendy by listening to the various complaints that would be reported by both Wendy and Mario Dean before giving out a fair , just and impartial ruling on the dispute brought before it. the National Franchise Mediation program is a very vital program for the survival of the Franchise system of business.

8 0

3 years ago

Boyce Company purchased office supplies costing $7,000 and debited supplies for the full amount. At the end of the accounting pe

nadezda [96]

Answer:

B) debit supplies Expense, $5, 200 credit supplies. $5, 200.

Explanation:

When supplies are purchased, he entries posted are debit supplies account and credit cash or accounts payable account.

When supplies are used up, the amount of supplies used is credited to the supplies account and debited to the supplies expense account.

This reduces the book balance in the supplies account to what is physically available.

Quantity used up = $7,000 - $1,800

= $5,200

3 0

4 years ago

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