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Elis [28]
3 years ago
7

Fiscal policy refers toa.changes in the interest rate.b.changes in the money supply.c.changes in the amount of physical capital

in the economy.d.discretionary changes in government spending and taxes.when an economist is using the term​ "discretionary" as in discretionary​ spending, they are referring to thea.money a government must spend on legislated​ items, such as social security payments.b.consumption of households.c.amount of government spending decided upon by congress or the​ government's ruling body.d.the shifts of the demand and supply curves.
Business
1 answer:
myrzilka [38]3 years ago
5 0

the answer is d. discretionary changes in government spending and taxes

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XYZ can buy a Monet for $8,200,000 today. She believes that the masterpiece can be sold in 9 years for $19,600,000. What is the
myrzilka [38]

Answer:

c. 10.17%

Explanation:

we can use the future value formula:

future value = present value x (1 + r)ⁿ

  • future value = $19,600,000
  • present value = $8,200,000
  • n = 9

$19,600,000 = $8,200,000 x (1 + r)⁹

$19,600,000 / $8,200,000 = (1 + r)⁹

(1 + r)⁹ = 2.390243902

⁹√(1 + r)⁹ = ⁹√2.390243902⁹√

1 + r = 1.101663943

r = 1.101663943 - 1 = 0.101663943 = 10.17%

4 0
3 years ago
Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 405,000 Beginning m
skelet666 [1.2K]

Missing information:

Fixed administrative expense $ 16,200 Variable selling expense $ 20,250 Variable administrative expense $ ? Contribution margin $ 81,000 Net operating income $ 24,300

1. Prepare a contribution format income statement.

2. Prepare a traditional format income statement.

3. Calculate the selling price per unit.

4. Calculate the variable cost per unit.

5. Calculate the contribution margin per unit.

Answer:

First we must determine cost of goods sold = $27,000 + $270,000 - $13,500 = $283,500

now we must find total variable costs = total sales - contribution margin = $405,00 - $81,000 = $324,000

variable administrative expenses = total variable costs - COGS - variable selling expense = $324,000 - $283,500 - $20,250 = $20,250

1. Prepare a contribution format income statement.

Total sales                                                              $405,000

<u>Cost of goods sold                                                $283,500</u>

Gross contribution margin                                      $121,500

Variable selling expense                                        $20,250

<u>Variable adm. expense                                          $20,250</u>

Contribution margin                                                $81,000

Fixed period expenses:

  • Fixed selling expense                                   $40,500
  • <u>Fixed administrative expense                       $16,200</u>

Net operating income                                            $24,300

2. Prepare a traditional format income statement.

Total sales                                                              $405,000

<u>Cost of goods sold                                                $283,500</u>

Gross profit                                                              $121,500

Operating expenses:

Selling expenses                                                     $60,750

<u>Adm. expenses                                                       $36,450</u>

Net operating income                                            $24,300

3. Calculate the selling price per unit.

  • $405

4. Calculate the variable cost per unit.

  • $324

5. Calculate the contribution margin per unit.

  • $81
5 0
3 years ago
Realists argue that the __________ is the key unit of analysis in international relations, whereas neorealists argue that the __
Delvig [45]
The answers are state, and international system

I hope that helped
5 0
3 years ago
Clothing purchased​ land, paying $ 110 comma 000 cash and signing a $ 250 comma 000 note payable. In​ addition, Alpine paid deli
insens350 [35]

Answer:

Explanation:

The journal entry is shown below:

Land A/c Dr

         To Cash A/c

         To Note payable A/c $250,000

(Being the purchase of the land is recorded)

The computation is shown below:

The cash would be

= Cash paid + delinquent property tax paid + title insurance cost + emove an unwanted building cost

= $110,000 + $1,100 + $1,550 + $5,900

= $118,550

4 0
3 years ago
The worst drought in over 50 years has decimated crops of soy beans and corn in the united states. (source: new york times, augu
seropon [69]

Answer: These data are insufficient for calculating the elasticity of demand because we also need to know the  <em><u>percentage decrease in the production of corn . </u></em>

The price elasticity of demand is defined as the percentage change in the quantity divided by the percentage change in demand.

The data gives the percentage change in demand in numbers (-25%). However, although there is a description of the effect of the drought on corn production, there is no numerical data that indicates the percentage change in the quantity.  Hence this data is insufficient to calculate the elasticity of demand.


5 0
3 years ago
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