Answer:
c. consistent with the cost-benefit model because most people intuitively weigh costs and benefits
Explanation:
People weight the cost and benefit before making desitions Some times without noticing they are doing it.
Also is important to notice intuition takes a role when there are shades in the information, the effect on the personnel and when not all information is available.
Answer:
$600 billion
Explanation:
Given that,
Currency held by the public = $100 billion
Reserves held by banks = $50 billion
Bank deposits = $500 billion
The money supply refers to the total money in the circulation.
Therefore, the total money supply is as follows:
= Currency held by the public + Deposits with the bank
= $100 billion + $500 billion
= $600 billion
Answer:
$0.00
Explanation:
LICC company issued the share and gave them to the officer, ABLE. During the same year, the condition on the stock is met to sell them, and ABLE exercises this option. LICC custody of the stock ends when the condition is met and ABLE can sell the shares.
These stocks belong to ABLE and selling these shares will impact their income tax, not the company. ABLE is a different tax-subject than LICC. Thus, LICC income taxes do not absorb the gain on sale in this transaction.
Answer:
$14,400
Explanation:
Given that,
Net cash provided by operating activities = $39,000
Net cash used for investing activities = $26,000
Net cash provided by financing activities = $1,400
The net change in cash during the year:
= Net cash provided by operating activities - Net cash used for investing activities + Net cash provided by financing activities
= $39,000 - $26,000 + $1,400
= $14,400
Answer:
$25,680
Explanation:
For the computation of revised depreciation for both the second and third years first we need to follow some steps which are shown below:-
Depreciation cost = Cost - Salvage value
= $66,200 - $2,000
= $64,200
Annual depreciation under SLM method = Depreciable cost ÷ Useful life
= $64,200 ÷ 5
= $12,840
Book value of the equipment = Cost - Annual depreciation
= $66,200 - $12,840
= $53,360
Remaining depreciable cost = Book value at point of division - Salvage value
= $53,360 - $2,000
= $51,360
Annual depreciation for year 2 and year 3 = Remaining depriciable cost ÷ Remaining useful life
= $51,360 ÷ (3 - 1)
= $51,360 ÷ 2
= $25,680
