A ___________ enables you to view data from a table based on a specific criteria

Which of the following economic questions involve a consumer?

nikitadnepr [17]

The two answers to this question should be "What goods and services will be produced" and "who will buy the goods and services". What to produce will depend on what people need and use like grocery items for example, or clothing or housing and re the second question, it depends on the income of the consumers such as in providing affordable housing to lower income people, and also the goods and services must be things that people will buy ie things that have a useful function.

3 0

3 years ago

Read 2 more answers

Production Budget Pasadena Candle Inc. projected sales of 64,000 candles for January. The estimated January 1 inventory is 2,600

icang [17]

Answer:

Production budget:

Projected sales= 64,000

Ending inventory= 7,000

Beginning inventory= (2,600)

Total= 68,400 units

Explanation:

Giving the following information:

Pasadena Candle Inc. projected sales of 64,000 candles for January. The estimated January 1 inventory is 2,600 units, and the desired January 31 inventory is 7,000 units.

Production budget= projected sales + ending inventory - beginning inventory

Production budget:

Projected sales= 64,000

Ending inventory= 7,000

Beginning inventory= (2,600)

Total= 68,400 units

3 0

3 years ago

The debt-deflation hypothesis explains the fall in income as a consequence of unexpected deflation transferring wealth ______, a

Paladinen [302]

Answer:

The options for this question are the following:

A. from debtors to creditors; a smaller

B. from creditors to debtors; a larger

C. from debtors to creditors; a larger

D. from creditors to debtors; a smaller

The correct answer is A. Debtors to creditors; a smaller

Explanation:

There are two definitions of deflation. Most people believe that it is simply price drop. But debt deflation is what happens when people have to spend an increasing part of their income on debt service contracted by them: pay mortgage debt, pay credit card debt, pay academic loans.

Nowadays, people have to spend so much money on buying a house or paying for education, that they do not have enough money to spend on goods and services, except for contracting more debt with their credit card or with other loans.

Result: the markets are slowing. Deflation means a slowdown in revenue growth. Markets contract, capital investment and employment also decrease and wages fall. That is what is happening, as a result of a deliberate policy, in Europe and in the US. The fall or stagnation of prices is nothing but the result of a smaller volume of income to spend.

7 0

3 years ago

If a check correclty written and paid by the bank is incorrectly recorded in the company;s's books for $794 how should this erro

worty [1.4K]

If a check correctly written and paid by the bank for $749 is incorrectly recorded in the company's books for $794, this error be treated on the bank reconciliation--- Subtract $45 from the book balance.

What is bank reconciliation?

Bank Reconciliation is an important process in accounting in which organizations match their bank statements with the transactions that are recorded in their general ledger. Preparing a bank reconciliation statement helps businesses to eliminate possible errors in transactions or bookkeeping

What is the journal entry for bank reconciliation?

The journal entries for the bank fees would debit Bank Service Charges and credit Cash. The journal entry for a customer's check that was returned due to insufficient funds will debit Accounts Receivable and will credit Cash.

Learn more about bank reconciliation :

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6 0

2 years ago

The Plant Assets account and Accumulated Depreciation -- Plant Assets account of Star Media show the following:

Katen [24]

Answer:

The statement of cash flows should Star Media report the sale of plant assets under investing activities and the sale value is $31,000.

Explanation:

The cash flow statements deal with three types of statements which include operating activities, investing activities, and financing activities.

The operating activities record those transactions which impact the working capital or we can say increase or decrease in the current assets and current liabilities.

The investing activities deal with the purchase and sale of fixed assets

The financing activities deal with the issue of shares, repayment of the debt, etc.

So,

The cash flow of Star Media should report the sale of plant assets under investing activities

And, the selling value of assets is calculated by using an equation which is shown below:

= Disposal value of plant - accumulated depreciation of disposal - loss on the sale of assets

= 52,500 - 10,500 - 11,000

= $31,000

Hence, the statement of cash flows should Star Media report the sale of plant assets under investing activities and the sale value is $31,000.

8 0

3 years ago