Answer:
Value of investment = $117
Explanation:
Given:
P = $100
r= 4% = 0.04
n = 4 years
Computation:
A = P(1+r)ⁿ
A = 100(1+0.04)⁴
A = 100(1.04)⁴
A = 116.9858
A = $117
Value of investment = $117
The appropriate response is a pull promotional strategy. A pull promotional strategy propels clients to effectively search out a particular item and it best for new items or for the situation when a maker has a solid and unmistakable brand.
Answer: a) -A tax cut
-Additional spending on national park facilities
b) Expansionary fiscal policy
Explanation:
Fiscal Policy refers to how the government of a country is using it's spending and taxes to influence Economic conditions on a Macro level.
The keywords for this question are TAXES and SPENDING.
The means that a Discretionary FISCAL policy includes Taxes and Spending.
Now the way to close the Recessionary gap that is opening is to put more money into the Economy. The Government can do this by REDUCING TAXES which will means people have more money to spend and ADDITIONAL SPENDING on NATIONAL PARK FACILITIES as this means that the government is pumping more money into the Economy.
The discretionary fiscal policy needed to bring the economy closer to potential output is an example of an EXPANSIONARY FISCAL POLICY.
This is where the Government aims to put more money into the economy so that growth can be acheived and they do this by lowering taxes and increasing spending either singularly or simultaneously.
Answer:
1. The three steps in the accounting process are identification, recording, and examination. (F)
2. The accounting process includes the bookkeeping function. (T)
3. Managerial accounting provides reports to help investors and creditors evaluate a company. (F)
4. The two most common types of external users are investors and creditors. (T)
5. Internal users include human resources managers. (T)
Explanation:
The accounting system provides managers with information necessary for daily operations and also for long-term planning. The development of the most relevant information for specific business decisions and the interpretation of that information is called Management Accounting.
