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4 years ago

8

A company received a bill for newspaper advertising services received, $400. The bill will be paid in 10 days. How would the tra

nsaction be recorded today

1 answer:

Aleksandr-060686 [28]4 years ago

6 0

Debit Advertising expense $400, credit accounts payable 400.

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Rainbow Co. began operations in 2019 and reported $600,000 in income before income taxes for the year. Rainbow’s 2019 tax deprec

cricket20 [7]

Answer:

30.000

Explanation:

Income before taxes $300,000

Timing difference between books and Tax (A) $100,000

Permanent difference cannot be considered for calculation of Differed tax liability or Deferred tax asset $40,000 (B) is zero

Total Timing deference (C=A+B) $100,000

Tax rate enacted for future (D) 30%

<h2>Differed tax liability (C*D) $30,000 </h2>

<h2></h2>

4 0

3 years ago

A deadweight loss is a consequence of a tax on a good because the tax

mamaluj [8]

Answer:

b. induces buyers to consume less, and sellers to produce less.

Explanation:

Because of the increase of tax on each good, it will cause a deadweight loss. At higher tax rates we consumers tend to consume less, the decrease in demand will inevitably decrease the supply therefore sellers will produce less.

4 0

3 years ago

There are several ways that central banks can increase or decrease the money supply. Match the descriptions below with the corre

kodGreya [7K]

Answer:

An increase in the percentage of deposits that bank must keep on hand- RESERVE REQUIREMENT

2. An increase in the interest rate that a central bank charges commercial banks for loans - DISCOUNT RATE

Open Market Operations - A central bank purchasing existing bonds.

1 and 4 are not instances of monetary policy

Explanation:

Monetary policy are policies taken by the central bank of a country to shift aggregate demand.

Tools of monetary policy

1. Open market operations : government can either sell bonds to the public, this is known as open market sales. this is an example of an contractionary policy or it can buy bonds from the public. this is known as open market purchase. it is an expansionary policy

2. Reserve Requirement : Reserves are the proportion of deposits required by the central bank that banks keep

If reserve requirement is increased, it is an example of a contractionary policy. If on the other hand, it is reduced, it is an example of an expansionary policy.

3. Discount rate : this is the rate at which the central bank lends to commercial banks. An increase in discount rate is a contractionary policy while an decrease in discount rate is an expansionary policy

There are two types of monetary policy :

Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy

Contractionary monetary policy : these are policies taken to reduce money supply. When money supply decreases, aggregate demand falls. Increasing interest rate and open market sales are ways of carrying out contractionary monetary policy

Goals of monetary policy include

• financial market stability

• economic growth

• high employment

• price stability

3 0

3 years ago

_____ is a type of job evaluation method in which individual jobs are evaluated in relation to every other job, based on a ranki

Kryger [21]

Answer:

Paired Comparison

Explanation:

Paired Comparison is a type of job evaluation method in which individual jobs are evaluated in relation to every other job, based on a ranking system, and an overall score is given for each job, determining the highest-valued job to the lowest-valued job. Here in paired comparison method an employee's work is basically evaluated by looking to every job being performed in that organisation, then after doing the comparison the relative scores are assigned to the job which needs to be evaluated. This method is different to the methods which most organisation use where jobs are evaluated specifically on the basis of your skills, performance and your knowledge. One of the drawback which this method has is that the employees start comparing themselves with other employees, not their job but their personalities and knowledge etc. which in turn creates jealousy factor which in return can decrease the overall performance of organisation.

6 0

3 years ago

If the government increases expenditure without raising taxes, this will

olga2289 [7]

If the government increases expenditure without raising taxes, this will <span>cause the interest rate to increase, thereby, reducing private investment and crowding out the private sector and </span>cause a decrease in the domestic exchange rate which will increase exports and decrease imports. Expenditures is increasing the amount of money and money available to be spent. In this case, the government is increasing the amount of money that tis available to be spent but they aren't imposing taxes on consumers with the increase. <span>
</span>

3 0

3 years ago