What information will u find in an address book

Why do most economists believe that it is important for a country’s central bank be independent of the rest of the country’s cen

ohaa [14]

Answer:

For economists is important to avoid political interferance in the monetary policy. Populist governments often use the creation of money to justify their political programs, causing inflation and distortions on the market.

In the last report of FOMC is highlighted the behaviour of market labour and the lower expectations of inflation.

Explanation:

There are two tools commonly used in political economy to finance government programs: taxation and paper currency print. When the central bank is not independent, the government has an incentive to print money to fund their programs, causing inflation. In economic science has been demonstrated that inflation is always caused by monetary phenomena.

5 0

2 years ago

Which of the following is not included in Michael Porter's Five Forces Model? a. Cost Leadership b. Supplier Power c. Threat of

grigory [225]

Answer:

a. Cost Leadership

Explanation:

Porter five forces of the model refers to the rivalry among competitors, bargaining power of suppliers, bargaining power of buyers, the threat of new entrants, the threat of substitution.

The competition between rivals deals with the competitors ' strengths and weaknesses so that the business does the planning appropriately.

The supplier's bargaining power indicated that the shift in the price of the product caused by the supplier's offer and the consumer is motivated to the product as the product is special which affects the overall profit

The buyer's bargaining power relates with the number of buyers and how many orders a single buyer places.

The threat of new entrants will affect the company's total position if the competitor comes on the market.

The threat of substitution is an alternate way of producing the goods and services that can also weaken your position and have a direct impact on profitability.

6 0

3 years ago

The Marx Company issued $98,000 of 8% bonds on April 1 of the current year at face value. The bonds pay interest semiannually on

Fed [463]

Answer:

$4,800

Explanation:

Interest Expense of the bond is calculated by multiplying Face value and Coupon rate. Any discount or premium is amortized over the life of the bond and added or deducted from the interest payment in order to record the interest expense.

As per given data

Face value of Bond = $80,000

Coupon Rate = 8%

Interest Expense = Face value x Coupon rate

As on July 1 interest of only 3 months has been accrued, so we will record the interest expense of 3 months only.

On July 1

Interest Expense = $80,000 x 8% x 3/12 = $1,600

6 month period Expense will be recorded.

On December 31

Interest Expense = $80,000 x 8% x 6/12 = $3,200

Total Expense = $1,600 + $3,200 = $4,800

8 0

3 years ago

Jorgansen Lighting, Inc., manufactures heavy-duty street lighting systems for municipalities. The company uses variable costing

user100 [1]

Answer:

The absorption costing NOI (net operating income) of Year 1

Change in inventory = Beginning Inventory - Ending Inventory

= 200 units - 170 units

= 30 units

Fixed Manufacturing Overhead Beginning = Beginning Inventory units * Fixed manufacturing overhead per unit

= 200 units * $560

= $112,000

Fixed Manufacturing Overhead Ending = Ending Inventory units * Fixed manufacturing overhead per unit

= 170 units * $560

= $95,200

Deferred in/(release) =Fixed Manufacturing Overhead Ending - Fixed Manufacturing overhead Beginning

= $95,200 - $112,00

= -$16,800

Absorption Costing NOI = Variable Costing NOI + Fixed manufacturing overhead from inventory deferred during the period

= $1,012,400 + -$16,800

= $1,063,000

The absorption costing NOI (net operating income) of Year 2

Change in inventory = Beginning Inventory - Ending Inventory

= 170 units - 180 units

= -10 units

Fixed Manufacturing Overhead Beginning = Beginning Inventory units * Fixed manufacturing overhead per unit

= 170 units * $560

= $95,200

Fixed Manufacturing Overhead Ending = Ending Inventory units * Fixed manufacturing overhead per unit

= 180 units * $560

= $100,800

Deferred in/(release) =Fixed Manufacturing Overhead Ending - Fixed Manufacturing overhead Beginning

= $100,800 - $95,200

= $5,600

Absorption Costing NOI = Variable Costing NOI + Fixed manufacturing overhead from inventory deferred during the period

= $1,032,400 + $5,600

= $1,038,000

The absorption costing NOI (net operating income) of Year 3

Change in inventory = Beginning Inventory - Ending Inventory

= 180 units - 220 units

= -40 units

Fixed Manufacturing Overhead Beginning = Beginning Inventory units * Fixed manufacturing overhead per unit

= 180 units * $560

= $100,800

Fixed Manufacturing Overhead Ending = Ending Inventory units * Fixed manufacturing overhead per unit

= 220 units * $560

= $123,200

Deferred in/(release) =Fixed Manufacturing Overhead Ending - Fixed Manufacturing overhead Beginning

= $123,200 - $100,800

= $22,400

Absorption Costing NOI = Variable Costing NOI + Fixed manufacturing overhead from inventory deferred during the period

= $996,400 + $22,400

= $1,018,800

6 0

2 years ago

On January 14, A Company purchased supplies of $900 on account. The entry to record the purchase will include

Citrus2011 [14]

Answer:

the complete journal entry should be:

Date

Dr Supplies 900

Cr Accounts payable 900

Explanation:

Supplies is an asset account that has a normal debit balance, while accounts payable is a liability account with a normal credit balance. Our accounting system is based on the double entry system where one account must be debited and another one must be credited.

7 0

2 years ago