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2 years ago

When the economy is growing, total output is _ and total income is _.

2 answers:

8 0

Increasing ,increasing
the reason is that when the economy is growing more money is flowing ,unemployment is decreasing so more goods and services are produced ,as a result of low unemployment ,more consumption and total output increasing total income is increasing

Leokris [45]2 years ago

8 0

The Answer Is Increasing,Increasing. You're Welcome.

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Prior period adjustments are reported in the: Multiple Choice Multiple-step income statement. Statement of cash flows. Single-st

beks73 [17]

Answer:

Statement of retained earnings.

Explanation:

The prior period adjustment refers to the adjustment in which there is an accounting error in the previous period and i.e to be reported in past year period but now it would be corrected in the financial statement. This adjustment we called prior period adjustment

Moreover, it should be reported in the statement of retained earnings

Hence, the second last option is correct

3 0

3 years ago

Don Howard is a trader who likes to make money based on changes in the foreigncurrency exchange market. Currently the spot rate

IrinaVladis [17]

Answer:

Don profit in the forward market can be USD 48,152.37

Explanation:

Spot rate currently is at 24.0239 MXN/USD

Sell USD forward at 26.5693 MXN/USD

Profit on settlement after 3 months = (Selling price - buying price)*Number of units

Profit on settlement after 3 months = (26.5693 - 25.3487)*1,000,000

Profit on settlement after 3 months = MXN 1,220,600

The exchange rate is expected to move to 25.3487 by Clint

Hence, 1,220,600/25.3487 = USD 48,152.37

Don profit in the forward market can be USD 48,152.37 if hewants to trade USD 1,000,000

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3 years ago

Which of the following is true?

ss7ja [257]

Checks and debit cards withdraw money directly from a bank account.

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3 years ago

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3 years ago

The total manufacturing cost variance is Group of answer choices none of the answers are correct the difference between planned

EastWind [94]

Answer:

The correct answer is the third option: the difference between actual costs and standard costs for units produced.

Explanation:

To begin with, the total manufacturing costs variance is the concept known in the field of business and that is comprehended in the accounting field that involves and cosists of direct materialsl costs variance, direct labor costs variance and factory overhead costs variance. And therefore that it implicates the difference between what actually all that variables end up costing and what the company thought that it will cost regarding their standards given.

3 0

3 years ago

When the economy is growing, total output is _____ and total income is _____.

When the economy is growing, total output is _ and total income is _.