Answer:
D
Explanation:
In the economic system, the monetary policies of the government are implemented through the banks.
Adjusting the rate of interest can only be done by the Federal Reserve.
All other options are under government fiscal policy.
Answer:
B. $6,000
Explanation:
The computation of the annual depreciation expense under the straight-line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($41,000 - $5,000) ÷ (6 years)
= ($36,000) ÷ (6 years)
= $6,000
The original cost is computed below:
= Purchase value + transportation and installation cost
= $40,000 + $1,000
= $41,000
Answer:
Technology that should have made salespeople
Explanation:
In To Sell Is Human, bestselling author Daniel Pink debunks the trope of the polyester-clad trickster as the face of sales in America. In fact, Pink found that most Americans now spend a good part of their job in “non-sales” sales, moving people by persuasion even if they aren’t trying to get them to buy a product. Pink explores how the increased accessibility due to the internet has made being a buyer better than ever and what salespeople need to do to be successful in a “caveat venditor” (seller aware) economy.
Answer:
The quarterly sales forecast for 2021, using the seasonal index approach:
Estimated 2021 Sales
Q1 52
Q2 191
Q3 17
Q4 140
Total 400
Explanation:
a) Data and Calculations:
Annual demand for 2020:
2020 Sales Estimated 2021 Sales
Q1 30 52 (30/230 * 400)
Q2 110 191 (110/230 * 400)
Q3 10 17 (10/230 * 400)
Q4 80 140 (80/230 * 400)
Total 230 400
b) The seasonal index approach uses an average to compare an actual observation relative to an estimated observation based on the removal of annual seasonal variations.
Answer and Explanation:
The computation of the debt to asset ratio is shown below:
Debt to Assets Ratio = (Total Debts ÷ Total Assets) × 100
= $60,000 ÷ $66,000 × 100
= 90.91%
This debt to asset ratio represents that 90% is the liability corresponding to the assets this shows that it is more leverages and more risky for taking more loans. And the loan application would be rejected as the bank would feel that the debt to asset ratio is high leveraged and contains huge risk