How is a post from a social media influencer different than a comment from a regular consumer?

When the Fed announces that it is raising interest rates, this signals its intention to _______ bonds in the open market and ___

Veronika [31]

Answer:

Sell; Reduced

Explanation:

Open market operation is one of the monetary policy instrument in which there is a buying and selling of government bonds in the market.

OMO is also used for controlling the money supply in an economy.

If fed increases the interest rate on bonds then as a result people wants to purchase bonds for earning higher returns.

This clearly shows the intention of fed to sell bonds to the public and hence, there is a flow of cash from the public to fed which will reduce the money supply in an economy.

4 0

4 years ago

During January, Luxury Cruise Lines incurs employee salaries of $1.3 million. Withholdings in January are $99,450 for the employ

creativ13 [48]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

Download xlsx

4 0

4 years ago

Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting,

babymother [125]

Answer and Explanation:

Journal Entries to record the flow of costs into the refining department

1.

Dr Work-in process - Refining Department $369,000

Cr Materials $369,000

2.

Dr Work-in process - Refining Department $146,000

Cr Wages Payable $146,000

3.

Dr Work-in process - Refining Department $97,600

Cr Factories Overhead - Refining Department $97,600

b. Entry to record the transfer of production costs to the second department

Dr Work-in process - Sifting Department $614,400

Cr Work-in process - Refining Department $614,400

Work-in process - Sifting Department [$30,200 + ($369,000 + $146,000 + $97,600) - $28,400]

=$30,200+($612,600-$28,400)

=$30,200+$584,200

=$614,400

4 0

4 years ago

On January 1, 2016, Aspen Company acquired 80 percent of Birch Company's voting stock for $364,000. Birch reported a $320,000 bo

alexdok [17]

Answer:

A.$440,432

B.$354,400

C.$24,036

D.2017 Realized income - Birch $78,840

2018 Realized income- Birch $76,880

Explanation:

a) Calculation for December 31, 2017, balance in Aspen's Investment in Birch Company account

Consideration transferred by Aspen $364,000

Add Noncontrolling interest fair value $91,000

Birch’s business fair value $455,000

Less :Book value ($320,000)

Trade name $135,000

Life 30 years

Annual amortization $4,500

($135,000/30)

Consideration transferred for Cedar by Birch $108,000

Add Noncontrolling interest fair value $27,000

Cedar’s business fair value $135,000

Less Book value ($108,000)

Excess to trade name $27,000

Life 30 years

Annual amortization $900

(27,000/30)

Investment in Birch $364,000

Birch's reported income-2016 $44,500

($211,500 - $167,000)

Less Amortization expense $4,500

Accrual-based income $40,000

Aspen’s percentage ownership 80%

Equity accrual-2016 $32,000

(80%×$40,000)

Dividends received 2016 ($6,400)

($32,000-$40,000)

(-$8,000 x 80%)

Birch's reported income-2017 $71,000

($386,000 - $315,000)

Amortization expense -$4,500

Income from Cedar $15,040

[80% x (263,700 -244,000 - 900]

Accrual-based income $81,540

($71,000+$15,040-$4,500)

Aspen’s percentage ownership 80%

Equity accrual-2013 $65,232

(80%×$81,540)

Dividends received from Birch 2017 ($14,400)

($18,000 x 80%)

Investment in Birch Dec 31,2017 $440,432

($364,000+$32,000+$65,232-$6,400-$14,400)

b) Calculation for the consolidated net income for this business combination for 2018

Consolidated $1,754,800

LessConsolidated expenses ($1,395,000)

Less Total amortization expense ( a) ($5,400)

Consolidated net income for 2018 $354,400

c) Calculation for the net income attributable to the noncontrolling interest in 2018

Cedar’s NCI in consolidated net income

Revenues less expenses $30,000

($240,000 - $210,000)

Less Excess amortization ($900)

Accrual-based income $29,100

Noncontrolling interest percentage 20%

Cedar’s NCI in consolidated net income$5,820

(20%×$29,100)

Birch's NCI in consolidated Net income

Revenues less expenses $72,300

($622,300 - $550,000)

Less Excess amortization ($4,500)

Equity in Cedar income $23,280

[(30,000 – 900) × 80%]

Realized2014 income of Birch $91,080

($72,300+$23,280)

Noncontrolling interest percentage 20%

Birch’s NCI in consolidated net income $18,216 (80%×$91,080)

Total NCIshare of 2018 consolidated net income $24,036

($18,216+$5,820)

d) Calculation for the accrual-based net income of Birch in 2017 and 2018, respectively

2017 Realized income of Birch

prior to accounting for unrealized gross profit(a) $81,540

2016 Transfer-gross profit recognized in 2017 $13,500

Less 2017 Transfer-gross profit to be recognized in 2018 ($16,200)

2017 Realized income - Birch $78,840

2018 Realized income of Birch prior to accounting for unrealized gross profit(c) $91,080

2017 Transfer-gross profit recognized in 2018 16200

Less 2018 Transfer-gross profit to be recognized in 2019 ($30,400)

2018 Realized income-Birch $76,880

3 0

3 years ago

Use comparison operators to write a question that the database will understand. Which records contain "no"?

Stolb23 [73]

The answer is = no!

8 0

4 years ago