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Aleks04 [339]
3 years ago
9

Why did people demand not just banking and stock market reform but also new forms of government after the Great Depression?

Business
1 answer:
Alex787 [66]3 years ago
6 0

Answer:

The Depression affected the confidence that people had on the government.

Explanation:

The Great Depression began in 1929 and continued until 1933 and it caused high unemployment rates, a decrease in output and deflation. During this time, President Hoover was accused of not taking enough measures to stop the crisis and this ended up on him losing the 1932 election as people lost their confidence in the government. Also, the Great Depression resulted in changes on the government and on how it faces economic crisis. Because of that, the answer is that people demanded not just banking and stock market reform but also new forms of government after the Great Depression because it affected the confidence that people had on the government.

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Chahana acquired and placed in service $1,185,000 of equipment on August 1, 2019 for use in her sole proprietorship. The equipme
algol [13]

Answer:

D) $1,053,000

Explanation:

Calculation to determine what Chahana's total deductions for 2019 (including Sec. 179 and depreciation) are

Sec 179 immediate expensing $1,020,000

MACRS depreciation:

Add Basis for depreciation $33,000

[($1,185,000 - $1,020,000 Sec. 179) × .20]

Total depreciation $1,053,000

($1,020,000+$33,000)

Therefore Chahana's total deductions for 2019 (including Sec. 179 and depreciation) are:$1,053,000

7 0
3 years ago
Schrute Farm Sales buys portable generators for and sells them for He pays a sales commission of​ 5% of sales revenue to his sal
Maksim231197 [3]

Complete question :

Schrute Farm Sales buys portable generators for $470 and sells them for $740. He pays a sales commission of 5% of sales revenue to his sales staff. Mr. Schrute pays $5,000 a month rent for his store, and also pays $2,200 a month to his staff in addition to the commissions. Mr. Schrute sold 600 generators in June. If Mr. Schrute prepares a contribution margin income statement for the month of June, what would be his contribution margin? O A $444,000 O B. $139,800 O C. $748.200 D. $304 200

Answer:

139,800

Explanation:

Total Revenue = (quantity sold * price) = (600 * $740) = $444,000

Purchase cost = (purchase price * quantity) = (470 * 600) = $282,000

Variable selling cost = 5% of total revenue = (0.05 * 444,000) = $22,200

Total variable cost = (cost of purchase + variable selling price) = $(282,000 + 22,200) = $304,200

Contribution margin = (revenue - variable cost) = (444,000 - 304,000) = $139,800

Therefore, CONTRIBUTION MARGIN = $139,800

5 0
3 years ago
Which of the following is the best example of a pure service?
Montano1993 [528]

Answer:

counseling

Explanation:

the service of counseling is not tangible

3 0
3 years ago
What are some of the benefits of regional integration?
Fiesta28 [93]

Answer:

1. Benefits Of Regional Economic Integration

2. Enhanced political cooperation. Several nations usually have a much larger political influence as compared to the influence that each individual country would have.

3. Creates trade. Member countries in a regional economic integration agreement have a wider choice of services and goods that were previously unavailable.

<em>4. Employment prospects. </em>

Explanation:

The benefits of regional integration can easily identify. There are economic benefits such as additional trade, improved quality, increased imports and exports, high-quality international relations and an integrated market. Regional integration can enhance the general quality of life for the citizens of those states.

3 0
3 years ago
Global Company sold merchandise to Montana Industries for cash, $3,450. The cost of merchandise sold was $1,850. Global Company
postnew [5]

Explanation:

The journal entry is as follows:

Sales A/c Dr $900

    To Customer refund payable A/c $900

(Being the refund is recorded)

For recording this given entry, we debited the sales account and credited the customer refund payable account so that the proper positing could be done. Both the accounts are recorded at $900

7 0
3 years ago
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