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2 years ago

Indicate whether each of the following is identified with (1) an asset, (2) a liability, or (3) owner’s equity:_______.

Business

1 answer:

ale4655 [162]2 years ago

7 0

Answer:

a. accounts payable -liability

b. cash -asset

c. fees earned -owner’s equity

d. land -asset

e. supplies -asset

f. wages expense- owner’s equity

Explanation:

Accounts payable is an obligation payable to the supplier,hence,it is a liability.

Cash is an asset of the business which is used in purchasing other assets such as inventory or trading securities.

Fees earned would increase retained earnings which is an integral part of the owner's equity

Land is a long-lived asset whose benefits would be derived in more than one year.

Supplies are assets of the business which are used in the business.

Wages expense reduces retained earning in owner's equity

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Say the marginal tax rate is 20 percent and that government expenditures do not also that the economy is at potential output and

Readme [11.4K]

<u>Solution and Explanation:</u>

a) The deficit is structural deficit, not cyclical deficit

b) Structural deficit is $450 billion

Revenue less than outlays; the GDP = Potential GDP

cyclical - during a recession , Structural - normal times

This is the budget deficit at potential GDP

Structural deficit = Total Government deficit - Cyclical Deficit

Government expenditures do not change with output

c) the deficit is both structural and cyclical

200 billion below potential; at potential output it will be 200 billion higher

Cyclical deficit = $200 billion

Structural = 450 - 200 = 250

d) Cyclical surplus = $350 billion

Structural deficit = $100 billion

e) Structural as normal stabilization policies will not remove a structural deficit

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2 years ago

A "Buy American" provision in the 2009 stimulus bill would ________ consumer surplus and ________ producer surplus for industrie

Neko [114]

Answer:

The correct answer is decrease; increase.

Explanation:

The "Buy American" law was passed in 1933 and established that the US federal government. UU. You must prioritize the purchase of products manufactured in the country. Under certain circumstances, however, the "Buy American" law may not apply when:

material of American origin has an excessive cost;
material of American origin is not available in sufficient quantity or volume;
material of American origin is not in the public interest.

The "Buy American" law may also not apply if the president of the United States or a delegated authority said it on the grounds of reciprocal agreements with other countries defined in the Law on Trade Agreements, the North American Free Trade Agreement (NAFTA) and the World Trade Organization.

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2 years ago

The following situations should be considered independently. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $

taurus [48]

Answer:

Explanation:

(1)

FV = PV x (1 + r)^N

FV = $75,000

PV = $35,000

r = 8%

75,000 = 35,000 x (1.08)^N

(1.08)N = 2.1429

N ln 1.08 = ln 2.1429

N = ln 2.1429 / ln 1.08 = 0.33 / 0.033 = 10 years

(2)

FV = Annual payment, A x PVA

FV = $43,700

n = 6 years

A = 8,000

43,700 = 8,000 x PVA

PVA = 5.4625

PVIFA (6 years, r%) = 5.4172

r=3%.

(3)

PV = Annual payment, A x PVIFA (r%, n years)

PV = $18,000

n = 6 years

r = 9%

$18,000 = A x PVIFA (9%, 6 years) = A x 4.4859 [From PVIFA table]

A = $18,000 / 4.4859 = $4,012.57

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3 years ago

tuttle enterprises is considering a project that has the following cash flow and weighted average cost of capital (wacc) data. w

erica [24]

Tuttle enterprises are considering a project that has the following cash flow and the weighted average cost of capital (WACC) data. The projected net present value is 074.36.

A project's net present value is the sum of the destiny values of the net coin flows compounded at the desired fee of going back minus the net funding. if safety gives a series of coin flows with an NPV of $50,000 and an investor will pay exactly $50,000 for it, then the investor's NPV is $0. It method they'll earn something the cut price charge is on the security.

Net present value or NPV is the sum of the prevailing value of coins inflows and outflows. In other phrases, it's far the distinction between the present values of cash inflows and the prevailing value of cash outflows over a while.net gift cost shows how a lot of money an assignment or investment will advantage or lose in terms of the present-day budget. future coins drift would not carefully mirror the current cash drift of an undertaking because of the impact of factors along with inflation and lost compound hobby so NPV adjusts for this reason.

Learn more about Net present value here:-brainly.com/question/18848923

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1 year ago

Choose the term that best matches the description given.

RoseWind [281]

Answer:

Copyright is a form of protection grounded in the U.S. Constitution and granted by law for original works of authorship fixed in a tangible medium of expression. Copyright covers both published and unpublished works.

Explanation:

i looked it up

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3 years ago