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3 years ago

Producers believe the economy is headed for a recession, so they reduce their purchases of machinery and equipment.

Business

1 answer:

Firlakuza [10]3 years ago

7 0

Answer:

A - The Short Run Aggregate Supply curve shifts to the right.

Explanation:

The Short Run Aggregate Supply curve plots aggreagrate price against aggreagrate quantity.

If producers believe a recession is imminent and they reduce the amount of machinery purchased, the quantity supplied would reduce shifting the Short Run Aggregate Supply curve to the left.

I hope I was able to help you.

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In the current year, Norris, an individual, has $52,000 of ordinary income, a net short-term Capital loss (NSTCL) of $9,800 and

Tanya [424]

Answer:

The answer is an offset against normal income of $3,000 and a NSTCL move forward of $3,900.

Explanation:

Solution

Given that:

The net short term capital loss=$9800

The net Long term capital gain=$2900

The net short term capital loss is =$6900

Thus

In this case, 3000 is allowed to be set off against ordinary income and the balance of (6900 - 3000) = 3900 can be moved forward or over.

Therefore Norris report implies that an offset against normal income of $3,000 and a NSTCL carry forward of $3,900.

3 0

3 years ago

HELP I AM CONFUSED!!!

SOVA2 [1]

The first is B. the second is C.

7 0

3 years ago

Martinez Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $166,900 to $19

kolezko [41]

Answer:

<u>monthly flexible budget for each $11,100 increment </u>

Sales $11,100

Less Sales Commissions ( $11,100 × 6%) ($666)

Net Sales $10,434

advertising ( $11,100 × 5%) ($555)

traveling ( $11,100 × 4%) ($444)

delivery ( $11,100 × 2%) ($222)

Net Income $9,213

Explanation:

Consider Only the incremental costs and revenues.Fixed costs are not relevant for the $11,100 increment

<u />

4 0

3 years ago

An LCD screen is purchased to be used in the manufacturing of a digital watch. The standard price for the LCD screen used is $40

GenaCL600 [577]

The answer would be

7 0

3 years ago

Jamison Company reports depreciation expense of $50,000 for Year 2. Also, equipment costing $170,000 was sold for a $6,000 gain

asambeis [7]

Answer:

$44,000

Explanation:

According to the scenario, computation of the given data are as follow:-

Depreciation on Sold Equipment

Particular Amount($)

Year 1-Accumulated depreciation 550,000

Year 2-Depreciation 50,000

Year 2 –Total accumulated depreciation 600,000

Less-Year 2-Reported depreciation 468,000

Depreciation on sold equipment 132,000

Received Cash from the Sale of Equipment

Particular Amount($)

Cost of equipment 170,000

Less-Depreciation on sold equipment 132,000

Written down value of equipment 38,000

Add-Profit on sale of equipment 6,000

Sale price of equipment 44,000

8 0

3 years ago