Answer:
Accounting information helps users make business and financial decisions.
Explanation:
Users of accounting information are divided into :
- Internal users
- External users
Internal users include : owners, managers, employees
External users include : shareholders, tax authority, regulatory bodies
Based on the information contained in the financial information a shareholder can decide if to invest in a company or not to.
Also, mangers can decide to invest in new ventures based on the information on profitability contained in the financial statements.
Available Options Are:
A. decrease his spending on both coffee and soda.
B. reallocate his spending away from soda and towards coffee.
C. not change his consumption of either coffee or soda.
D. reallocate his spending away from coffee and towards soda.
Answer:
D. Reallocate his spending away from coffee and towards soda.
Explanation:
The utility per dollar of Coffee = 15 utils / $3 = 5 utils per dollar
Similarly
The utility per dollar of Soda = 11 utils / $2 = 5.5 utils per dollar
As the utility per dollar spending is more in the case of soda, hence ALex must spend more on soda to draw maximum utility out of its spending. Option D is correct statement.
Answer:
Nominal wages will fall, and the short-run aggregate, supply curve, shifts to the right.
Explanation:
When the economy is on the short-run aggregate supply curve and to the left of the long-run aggregate supply curve, actual aggregate output will eventually equal potential output as nominal wages fall(s) and the short-run aggregate supply curve shifts to the right.
Answer:
Send a memo.
Explanation:
In this scenario, Ann needs to share information about a new hiring policy. She needs to communicate this information to more than one hundred employees. Thus, Ann should send a memo.
A memo, also known as office memorandum is a written message used as a means of communication of policies, decisions or procedures issued by an appropriate authority to another within the same organization.
Simply stated, an office memorandum is used to issue instructions or for communicating an action or decision reached by the executive arm of an organization to another, such as subordinates within the same organization.
Answer:
$594.57
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment below:
Given that,
Present value = $31,000
Future value or Face value = 0
Rate = 5.67% ÷ 12 months = 0.4725
NPER = 5 years × 12 = 60 years
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the formula, the monthly payment is $594.57
