US lifestyle shifts have expanded the careers for "daycare providers", since many more women have joined the work force in the past two decades--meaning that they can't be at home with their children.
Answer:
Two categories of expenses in merchandising companies are c. cost of goods sold and operating expenses
Explanation:
Merchandising Companies will incur direct expenses related to their trading activities in relation to each of their sales and these are known as cost of goods sold. Cost of Goods Sold is an expense in the Trading Account.
However, the Merchandising Company will also incur other indirect expenses to maintain its trading and are not directly related to each sale of their merchandise. For example the cost of Administration Work and Depreciation of its equipment. These are known as Operating Expenses. Operating Expenses are expenses in the Profit and loss Account
Answer:
The correct answer is $12,000.
Explanation:
According to the scenario, the given data are as follows:
Shares issues On Jan.1 Year 1 = 4,000 shares
Par value of shares = $50 par
Cumulative preferred stock = 6%
So, we can calculate the dividend arrearage as of January 1, Year 2 by using following formula:
Dividend as of Jan.1, year 2 = Shares issues On Jan.1 Year 1 × Par value of shares × Cumulative preferred stock
= 4,000 × $50 × 6%
= $12,000
It is called "stare decisis." It is Latin for <span>"to stand by decided cases."</span>
Answer:
3.5%
Explanation:
The quantitative theory of money (QTM) states that MV=PT (eq.1). M is the money supply, V is the velocity of circulation, P is the price of a typical transaction and T is the total number of transactions. The velocity of circulation is the number of times that a dollar changes of holder y a period. We can also write eq.1 as MV=PY (eq.2) because the cuantitative equation assumes that the valu of transactions is equal to the GDP (Y). The QTM also has two main assumptions: V is constant in the short term and Y is given by factors and technology. If we write eq.2 in a rate of change form, then we have: ΔM+ΔV=ΔP+ΔY (eq.3).
First, ΔP represents changes in prices which is know as inflation rate (given by the problem). Second, ΔY is the growth rate of real GDP (also given by the problem). Third, ΔV is the rate of change of money velocity, but in this case, velocity does not change, which means the rate of change is 0. And, ΔM is what we have to find. According to this, we have a new equation:ΔM=ΔP+ΔY (eq.4).
Then, ΔM=2%+1.5%=3.5%. The Fed should change money supply in 3.5%
