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2 years ago

Why did many banks fail after the stock market crashed?

2 answers:

6 0

When the stock markets crash, the businesses crash because the economy relies on the circulation of money to stay alive, when stock markets crash, money is slowing down and businesses can't afford to keep their business

sergey [27]2 years ago

5 0

No money= no product and goods being developed and imported= no business

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Question 10 plagiarism is committed when a writer takes _____ from another source (internet, textbook, another student's work) a

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Another student’s work

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Businesses should customize invoices to best detail the products or services they provide.

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Answer: A

Explanation:

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Each of the following statements may (or may not) describe one of these technical terms. In the space provided below each statem

densk [106]

Answer: Please find below the answer. You omitted the terms to be used.

Explanation: Using the accounting terms, Revenue expenditure. straight line policy, Goodwill,capital expenditure, half year convention, accelerated depreciation, research and development, MACRS,

filling in the terms appropriately, or None, if statement does not describe any term, we have

a)An Expenditure that will benefit only the current accounting period - Revenue expenditure

b) The accelerated depreciation system used in federal income tax returns for depreciable assets purchased after 1986 - MACRS

c) A policy that fractional period depreciation on assets acquired or sold during the period should be computed to the nearest month - Straight Line policy

d) An intangible asset representing the present value of future earnings in excess of normal return on net identifiable asset - Goodwill

e) Expenditures that could lead to introduction of new products, but which according to FASB, should be viewed as an expense when incurred - Research and Development

f-)Depreciation method that takes less depreciation in early years of an asset's useful life, and more depreciation in later years - NONE

g) An account showing that portion of the cost of a plant asset that has been written off to date as depreciation expense - Accumulated Depreciation.

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2 years ago

Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with

vekshin1

Answer:

59,700 units

Explanation:

The computation of the equivalent units for the conversion cost is shown below:

= Opening work in process units × completion percentage + units started and completed × completion percentage + ending work in process units × completion percentage

= 4,600 units × 100% + 36,500 units × 100% + 31,000 units × 60%

= 4,600 units + 36,500 units + 18,600 units

= 59,700 units

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3 years ago

You are asked to make comparisons of two pairs of countries. The first pair are the Latin American countries of Chile and Argent

aleksklad [387]

Answer:

Part a: According to Solow model higher per capita real GDP will be in Chile because of its highest saving rate.

Part b: The per capita capital stock or the labour ratio is the primary factor for these differences in the simple Solow model.

Explanation:

According to Solow model higher per capita real GDP will be in Chile because of its highest saving rate.

In Solow model the GDP per capita is defined as

$y=k^{\alpha}=f(k)$

Also the steady state path is given as

$sf(k)=(s+n)k\\\frac{s}{s+n}=\frac{k^*}{f(k^*)}\\\frac{s}{s+n}=\frac{k^*^{\alpha-1}}{k^*}\\\frac{s}{s+n}={k^*^{\alpha-2}}$

As all other parameters are same thus the country with higher value of s will have a higher per capita GDP.

According to the Solow model, higher saving rate means larger capital stock and high level of output at the steady state.

Higher saving rate leads to faster growth in Solow model. So there is higher per capita real GDP for the country that has higher saving rate.

In Simple Solow Model, the steady state per Capita GDP, $y^*$ is the function of the steady state per capita capital stock given as $k^*$

Now this indicates that

$y^*=f(k^*)$

where f is an increasing concave function i.e. f'>0 and f''<0

Thus the sole dependence of per capita GDP is on per capita capital stock.

Thus the per capita capital stock or the labour ratio is the primary factor for these differences in the simple Solow model.

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2 years ago

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