Answer:
Net capital spending = 70,200
Explanation:
Net capital spending tells us how much the company has spent on acquiring fixed assets during the year, therefor provides an indication of the growth in the company’s fixed assets.
Net capital spending = Fixed assets at the end of the year – fixed assets at the beginning of the year + depreciation
Net capital spending = Increased or decreased in fixed Assets + depreciation
In Blue Fin Marina´s case:
Net capital spending = Increased or decreased in fixed Assets + depreciation
Net capital spending = 28,600 + 41,600
Net capital spending = 70,200
The correct answer is Option D.
The longer the time period under consideration, the more elastic the supply of a good will be.
<h3>What is supply of goods ?</h3>
- The following are included in a supply of goods: the agreement-based transfer of property rights over things. the commission-based sale of tangible things because of an auctioneer or dealer acting under his and her own name but following another person's instructions. delivery of items under a hire-purchase agreement.
- In general, supply refers to the complete amount of goods and services that such a producer is ready to provide at a specific price and location.
- Even as a profession, selling products or services counts as a supply under the GST. Therefore, the sale would represent supply even if a well-known politician created paintings for charities and sold them, even once.
To learn more about supply of goods refer to :
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Answer:
b. $50,000 and $250,000.
Explanation:
The computation is shown below:
The required reserve is
= Check-able-deposit liabilities × reserve ratio
= $500,000 × 20%
= $100,000
The excess reserves is
= Actual reserves - required reserves
= $150,000 - $100,000
= $50,000
And, the amount that increase the loan is
= Excess reserves ÷ reserve ratio
= $50,000 ÷ 20%
= $250,000
Answer:
A. rose 60% from the cost of the market basket in the base year.
Explanation:
The base year of 1982-1984 represents a 100 value for the index, and anything above it, is an over 100 value.
A 60% rise in 12 years (1984 to 1996) represents an average inflation rate of 5% every year, a bit high, but still within a moderate range.
The formula to find the adjusted consumer price index is:
Adjusted CPI = (CPIn / CPIb) - 1
Where:
CPIn = consumer price index in selected year (in this case 1996)
CPIb = consumer price index in base year (in this case 1982-1984)
Answer:
The correct answer is S corporation.
Explanation:
Carol and her friends are creating a new company that ships monthly subscription boxes filled with beauty products to customers.
Carol has multiple partners and she wants to avoid both double taxation and personal liability at the same time.
She also wants to pay the partners based on their company ownership percentage.
She can do all this by forming an S corporation.
A corporation is a business entity that is separate from its owners. The owners do not have personal liabilities for the debts of businesses.
An S corporation is a type of corporation which fulfills specific Internal Revenue Code requirements. It is a small business with 100 or less than 100 shareholders. It gives limited liability benefits to a corporation and is taxed as a partnership. It can also pass income directly to shareholders and avoid double taxation.
