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Ber [7]
3 years ago
7

Which of the following classifications is likely to be eliminated by the FASB?

Business
1 answer:
liberstina [14]3 years ago
6 0

Answer: D. Cash equivalents

Explanation:

Financial Accounting Standards Board (FASB) is a private, non-profit organization standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles within the United States in the public's interest

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Ziff Corp. has a very attractive credit policy, and none of its customers pays in cash when the firm makes a sale. Ziff Corp. se
posledela

Answer:

$148,500

Explanation:

Data given

Sales = $150,000

Rate of discount = 10

The computation of Ziff Corp. cash received from customer is shown below:-

Total collection = Sale × (1 - Rate of discount)

= $150,000 × (1 - 0.01)

= $150,000 × 0.99

= $148,500

Therefore for computing the total collection we simply applied the above formula.

8 0
3 years ago
If the MPC is 0.75 and there are no crowding-out or accelerator effects, then an initial increase in aggregate demand of $100 bi
umka21 [38]

Answer:

c. $400 billion

Explanation:

Calculation to determine what an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right

First step is to calculate the GDP Multiplier

Using this formula

GDP Multiplier=1/(1-MPC)

Let plug in the formula

GDP Multiplier=1/1-0.75

GDP Multiplier=1/0.25

GDP Multiplier=4

Now let determine the shift in aggregate demand curve

Shift in aggregate demand curve=4*100 billion

Shift in aggregate demand curve= $400 billion

Therefore an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right by $400 billion

5 0
3 years ago
Producers use marketing intermediaries because they ________.
Goryan [66]

Answer:

A) create greater efficiency in making goods available to target markets

Explanation:

While producers usually focus on getting raw materials at efficient cost and optimize the production process in a bid to stay profitable, intermediaries such as wholesalers and distributors are usually engaged to ensure that the products are properly distributed and available in the target market of consumers.

Intermediaries usually bring the goods from the producer to the consumer through the intermediaries distribution networks.

6 0
3 years ago
The equilibrium point is at the confluence of the supply and demand curves. What does "confluence" mean?
sertanlavr [38]

Answer:

intersection point

Explanation:

Confluence means a meeting point or coming together. It is the point at which two or more variables join together. In the law of demand and supply, the equilibrium point is the level where demand meets supply. It is the intersection point of the demand and supply curves.

Confluence point of demand and supply curves will mean the quantity demanded and the quantity supplied will be equal. The confluence point will give a price and quantity acceptable by both buyers and suppliers. As the confluence of demand and supply curves, buyers are willing and able to purchase all the quantities firms are selling at that price level.

5 0
3 years ago
Whenever the president of the local public university promotes the institution, he emphasizes the university's price (much lower
MArishka [77]

Answer:

c. the value proposition.

Explanation:

Based on the information provided within the question It seems that the president of the local public university is positioning the institution based mainly on the value proposition. This term refers to a statement that explains to others exactly "why" they should work with you and/or do business with you. Which is what the president is doing by emphasizing the university's price and high quality, which would be alluring aspects to investors.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
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