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Alex17521 [72]
3 years ago
13

The money multiplier declined significantly during the period​ 1930-1933 and also during the recent financial crisis of​ 2008-20

10. Yet the M1 money supply decreased by​ 25% in the Depression period but increased by more than​ 20% during the recent financial crisis. What explains the difference in​ outcomes?
Business
1 answer:
Lisa [10]3 years ago
6 0
I forgotttttttttttttttttttttttttttttttttttttttt‍♀️‍♀️‍♀️‍♀️‍♀️
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Independent, classroom, activist, pragmatic
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3 years ago
Read 2 more answers
The following monthly data are available for Coronado Industries. which produces only one product: Selling price per unit, $38;
In-s [12.5K]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Selling price per unit= $38

Unit variable expenses= $14

Total fixed expenses= $42,000

Actual sales for June= 3000 units.

First, we need to calculate the break-even point in dollar using the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 42,000/ [(38 - 14)/38]

Break-even point (dollars)= $66,500

Now, we can calculate the margin of safety in dollars:

Margin of safety= (current sales level - break-even point)

Margin of safety= (3,000*38 - 66,500)

Margin of safety= (114,000 - 66,500)

Margin of safety= $47,500

5 0
3 years ago
In which area should you encourage 10x thinking?
Katena32 [7]

Answer:

The question is too short. Add more details in order to get answer.

Explanation:

5 0
3 years ago
Philip Morris bought Miller Brewing and launched low-calorie beer, at a time when consumers had the impression that low-calorie
Olenka [21]

Answer: Points of indifference

Explanation: Point of indifference can be defined as that level of EBIT at which two alternative financial plans have same amount of net income. It is used by managers as an evaluating tool, when it comes to choose between two cost structures which are alternative of one other.

In the given case, the company must have  build point of indifference before launching of new product, and must have expected higher profits than normal beer.

4 0
3 years ago
Natick Industries leased high-tech instruments from Framingham Leasing on January 1, 2021. Natick has the option to renew the le
lesantik [10]

Answer:

1-Jan-21

Dr Right- of-use asset $250,177

Cr Lease payable $250,177

1-Jan-21

Dr Lease payable $11,000

Cr Cash $11,000

31-Mar-21

Dr Interest expense $2,392

Dr Lease payable $8,608

Cr Cash $11,000

31-Mar-21

Dr Amortization expense $12,509

Cr Right-of-use asset $12,509

Explanation:

Preparation of the appropriate entries for Natick Industries from the beginning of the lease through March 31, 2021.

Journa Entry- Lease-Natick Industries

1-Jan-21

Dr Right- of-use asset

($11,000 * PVAF at 1%for 0-20)

($11000*22.74336) $250,177

Cr Lease payable $250,177

(To Record Lease at Inception)

1-Jan-21

Dr Lease payable $11,000

Cr Cash $11,000

(To Record First Lease Payment made)

31-Mar-21

Dr Interest expense

[($250,177 - 11000 )*1%] $2,392

Dr Lease payable $8,608

($11,000-$2,392)

Cr Cash $11,000

(To Record Second Lease Payment made)

31-Mar-21

Dr Amortization expense

($250,177/ 20) $12,509

Cr Right-of-use asset $12,509

(To Record Amortisation Expense)

4 0
3 years ago
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