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2 years ago

According to the definitions of national saving and private saving, if Y, C, and G remained the same, an increase in taxes would

Business

1 answer:

Viefleur [7K]2 years ago

3 0

Question options :

a. raise both private and public saving.b. raise private saving and lower public saving.c. lower private saving and raise public saving.d. lower private and public saving.

Answer:

c. lower private saving and raise public saving.

Explanation:

National saving is total of private and public saving minus the country's consumption and government expenditure.

Private saving is income from households minus consumption and taxes.

Formula for public saving is T − G − TR which is government budget surplus through revenue from tax. This is revenue from tax minus government expenditure and transfers.

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Merchant Company had the following foreign currency transactions: On November 1, 20X6, Merchant sold goods to a company located

vazorg [7]

Answer

The answer and procedures of the exercise are attached in the images below.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a 2 sheets with the formulas indications.

6 0

3 years ago

On January 2, 2018, Howdy Doody Corporation purchased 15% of Ranger Corporation's common stock for $58,000. Ranger's net income

insens350 [35]

Answer:

Howdy Doody show in the 2018 income statement as income from this investment is $24225

Explanation:

given data

purchased = 15%

common stock = $58,000

net income 2018 = $15,000

net income 2019 = $58,000

dividend = $61,500

fair value = $73,000

to find out

How much Howdy Doody show in the 2018 income statement as income from this investment

solution

we know that net income to be reported as income by investment is the sum of income from dividend + unrealised gain

so here

unrealised gain = increase in value of stock that is

= $73,000 - $58,000 = $15000 .............1

and

income from dividend is = 15 % of $61,500

income from dividend = $9225 .................2

now add equation 1 and 2

Howdy doody show in 2018 income statement as income from this investment = Dividend revenue + Unrealized holding gain

income statement = $9225 + $15000

income statement = $24225

4 0

3 years ago

Carl Critic has just announced his choices of the worst Hollywood actresses of the year, and Stella Starr has been named the wor

Alekssandra [29.7K]

Answer: No, this was merely Carl's opinion.

Explanation:

Labelling a statement as an opinion generally protects the person who said it from defamation suits however this is not always the case.

If the opinion is based on disclosed and well known facts, the action is free of defamatory or libel charges.

This seems to be the case in this scenario as his column seems to be based on the performances for the year.

Bottomline is, Stella cannot sue Carl for libel as it is his opinion.

7 0

3 years ago

Alfred, an architect at Abode Inc., uses the term "spatial organization" while communicating to his client. The client is unable

vlabodo [156]

Answer:

Jargon

Explanation:

Based on the scenario being described within the question it can be said that the term "spatial organization" exemplifies Jargon. This term refers to any and all specialized terminology associated with a specific field or area of expertise. It is usually used between individuals of the same field who understand the word's meaning in a certain context, since those outside of the field may not understand it.

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2 years ago

Norwalk Corporation issued 10,000 shares of $50 par preferred stock at $74 a share. A stock warrant attached to each preferred s

Studentka2010 [4]

Answer:

$70,000

Explanation:

In this question, we are asked to calculate the amount credited to common stock warrants at issuance of the preferred stock.

A mathematical approach is needed to compute this.

Mathematically the amount credited to common stock warrants at issuance is calculated by multiplying the selling price of a warrant by the number of warrants.

The selling price of a warrant according to the question is $7. The number of shares issued is 10,000.

The amount credited to common stock warrants at issuance = $7 * 10,000 = $70,000

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3 years ago