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3 years ago

Describe a hypothetical government budget that employs an expansionary policy.

Business

1 answer:

NikAS [45]3 years ago

4 0

Answer:

Expansionary fiscal policy involves strategy which includes tax cutting, rebates and increase spending.

Explanation:

The government budget will be modified to the tax cutting strategies to implement expansionary fiscal policies. This includes increase in spending so that less money is saved and the tax amount on the profit is minimum.

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A company that is introducing a new product in its final form to a geographically limited market to see how well the product sel

ra1l [238]

The answer is: "<span>test marketing" .
____________________________________</span>

6 0

4 years ago

The following are the income statements of the Hancock Company for two consecutive years. Increases in which expenses contribute

dsp73

Answer:

Increase in Administrative Expense of $3,300 additional led to loss in the year 2016.

Explanation:

As for the provided details:

Particulars 2016 2015

Revenue $30,000 $20,000

Cost of goods sold $17,800 $12,000

Gross margin $12,200 $8,000

Operating Exp

Selling Exp $4,800 $4,600

Admin. Exp $7,800 $3,000

Total operating exp $12,600 $7,600

Net Income ($400) $400

As we see the major difference which is irrelevant is in administration expense, that is because difference in cost of goods sold is somewhere justified as, when it calculated as a percentage of sale that is $12,000/$20,000 = 60%

Thus for year 2016 also the expense shall be $30,000 $\times$ 60% = $18,000

Thus, it is justified but for administrative expense $3,000/$20,000 = 15%

For 2016 = $30,000 $\times$ 15% = $4,500

But since it is very much exaggerated, by $7,800 - $4,500 = $3,300 this is the main reason of loss.

5 0

3 years ago

Can someone help me what is the answer

jarptica [38.1K]

Answer:

a). $413,000

b). $485,000

Explanation:

As the December 31, 20y8, Assets of $543,000 and liabilities of $130,000.

Using accounting equation

a). owner's equity as of December 31, 20y8

The accounting equation is as follows.

Asset = Equity + Liabilities

$543,000 = Equity + $130,000

Equity = $543,000 - $130,000

Equity =$413,000

b). Owner's equity as DEC 31,20y9 assuming that assets increased by $103,000 and liabilities increased by $31,000 during 20y9

If assets increase by $103,000, assets will be $103,000 + $543,000

=$646,000

Liabilities increased by $31,000, new liabilities

=$130,000 + $31,000

=$161,000

$646,000 = equity + $161,000

Equity = $646,000 -$161,000

Equity = $485,000

6 0

3 years ago

You have just arranged for a $1,800,000 mortgage to finance the purchase of a large tract of land. The mortgage has an APR of 7.

scZoUnD [109]

Answer:

$556063.77 is the balloon payment in order to finish the loan in 8 years.

Explanation:

Firstly we will use the Present value formula annuity to find how much will we pay on a monthly basis for the 30 year mortgage loan so we are given :

Pv the present value of the mortgage is $1800000

i which is the interest rate 7.8%/12 as there will be monthly payments

is the number of payments which are 30 x 12 = 360 payments

then we substitute on the formula Pv= C[(1-(1+i)^-n) /i]

we are looking for C the monthly payments

$1800000= C[(1-(1+(7.8%/12))^-360)/(7.8%/12)] now divide by the coefficient of C both sides to solve for C

$1800000/[(1-(1+(7.8%/12))^-360)/(7.8%/12)] = C

$12957.66= C

now if the monthly payment is $12957.66 we will find how much we will pay in 8 years which will be $12957.66 x 12 x 8 = $1 243 936.23 now if this amount is covered for 8 years then the balloon payment is $1800000 - $1243936.23 = $ 556063.77 which is the remaining amount in present value terms, this is the balloon payment to finish the mortgage in 8 years.

6 0

3 years ago

Read 2 more answers

According to the GLOBE (Global Leadership and Organizational Behavior Effectiveness) project, it has been found that: Multiple C

slamgirl [31]

Judging based on the information from the GLOBE (Global Leadership and Organizational Behavior Effectiveness) project, it has been found that: "Chinese managers prefer structures with more hierarchy and less equality."

This is evident in the research made by GLOBE showed that the Chinese generally have a high Power Distance Index (PDI).

Power Distance Index is one of the five major qualities of cultural dimensions.

A country with a high power distance index like China means they are a society that adopts an unequal, level distribution of power.

They also believe that people need to know their role or position in the system.

Hence, in this case, it is concluded that the correct answer is option A. "Chinese managers prefer structures with more hierarchy and less equality."

Learn more here: brainly.com/question/14997435

4 0

2 years ago