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3 years ago

Which of the following arguments is used in support of undertaking passive policymaking?

Business

1 answer:

mash [69]3 years ago

3 0

C aggregate demand shocks
Play little or no role in the economy in the short run

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Entity B bought equipment for $240,000 on January 1, 2021. It estimated the useful life to be 3 years with no salvage value, and

mezya [45]

Answer:

Part 1

Revised depreciation expense = $32,000

Part 2

The entry to record depreciation expense :

Debit : Depreciation Expense $32,000

Credit : Accumulated Depreciation $32,000

Explanation:

Straight line method charges a fixed depreciation charge over the year of use of an asset.

<em>Depreciation expense = (Cost - Salvage Value) ÷ Estimated Useful Life</em>

2021

Depreciation expense = $80,000

2022

Old Depreciation expense = $80,000

New Depreciation expense = Depreciable Amount ÷ Remaining Useful Life

= ($240,000 - $80,000) ÷ 5

= $32,000

7 0

3 years ago

The management of Truelove Corporation is considering a project that would require an initial investment of $321,000 and would l

Art [367]

Answer:

2.6 years

The appropriate response to carry out the project if the payback period is within the acceptable payback period of the company

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.

Payback period = amount invested / cash flow

Cash flows is used in calculating the payback period.

To derive the payback period from net income, add depreciation to net income

$82,000 + $42,000 = $124,000

$321,000 / $124,000 = 2.6 years

I hope my answer helps you

4 0

3 years ago

Flyaway Travel Company reported net income for 2021 in the amount of $90,000. During 2021, Flyaway declared and paid $2,125 in c

Jlenok [28]

Answer:

$1.85

Explanation:

Fyaway travels reported a net income of $90,000 for the year 2021

During 2021 they declared and paid a cash dividend of $2,125

They also paid $10,000 as cash dividend in common stock

Flyway has 40,000 shares outstanding

Therefore the 2021 basic earning per share can be calculated as follows

$90,000-2,125

= $87,875

40,000 shares+(10,000 shares×9/12)

40,000 shares +(10,000×0.75)

40,000+7500

= 47,500

87,875/47,500

= $1.85

Hence the basic earning per share for 2021 is $1.85

4 0

3 years ago

The unemployment rate reported by the Bureau of Labor Statistics includes all of the following type of unemployment with the exc

Inga [223]

The correct answer for the question that is being presented above is this one: "hidden unemployment." The unemployment rate reported by the Bureau of Labor Statistics includes all of the following type of unemployment with the exception of hidden employment.

8 0

3 years ago

Greg has developed an automobile engine that runs efficiently for up to three hours on a single russet potato. His friends have

natulia [17]

Answer:

Correct option is (a)

Explanation:

For any venture to be successful, it starts with a vision or idea. In this case, Greg is confident that he will be able to convince US Car manufacturers to purchase his fuel efficient car even though his friends were doubtful if his product will be accepted by car manufacturers.

He also had a clear vision as his goal was to make US economy energy efficient. Vision is to have a positive outlook regarding future.

It can be inferred that Greg has both vision and confidence

4 0

3 years ago

Read 2 more answers

Which of the following arguments is used in support of undertaking passive​ policymaking?

Which of the following arguments is used in support of undertaking passive policymaking?