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3 years ago

Economics-- multiple choice!

Business

1 answer:

artcher [175]3 years ago

5 0

Answer:

combat unemployment?

Explanation:

That seems the likeliest answer compared to the others since national parks provide jobs.

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The following data were accumulated for use in reconciling the bank account of Wolfpack Bread Inc. for August 20Y9:

Marizza181 [45]

Answer:

Adjusted bank account balance = Adjusted cash book balance = $34,500

Explanation:

Note: The correct requirement of this question is actually as follows:

Prepare a bank reconciliation.

It is not the ones erroneously stated in the question.

The bank reconciliation can now be prepared as follows:

Wolfpack Bread Inc.

Bank Reconciliation

August 31, 20Y9

Statement of Adjusted Bank Account Balance

Details Amount ($)

Cash balance according to bank statement 33,580

Add:

Deposit in transit, not recorded by bank 14,260

Less:

Checks outstanding (13,340)

Adjusted bank account balance  34,500 

Statement of Adjusted Cash Book Balance

Details Amount ($)

Cash balance according to Wolfpack 34,437

Add:

Check error ($762 - $276) 486

Less:

Bank service charges (144)

Other reconciling items (w.1) (279)

Adjusted cash book balance 34,500

Working:

w.1: Other reconciling items = Cash balance according to Wolfpack + Check error ($762 - $276) - Bank service charges - Adjusted bank account balance = $34,437 + 486 - 144 - $34,500 = $279

7 0

3 years ago

Allen Lumber Company had earnings after taxes of $750,000 in the year 2015 with 300,000 shares outstanding on December 31, 2015.

GarryVolchara [31]

Answer:

Earning per share for the year 2016 is $2.68

Explanation:

For computing the earning per share, we have to use the formula of earning per share which is shown below:

= Net income ÷ total number of outstanding shares

where,

Net income is $937,500

And, the total number of outstanding shares equals to

= 2015 shares + 2016 shares

= 300,000 + 50,000

= 350,000

Now put these values to the above formula

So, the earning per share would be equals to

= $937,500 ÷ 350,000 shares

= $2.68

The earning after tax is not considered. Thus, it is ignored.

Hence, earning per share for the year 2016 is $2.68

4 0

3 years ago

Last year in Candamica, consumption expenditure was $20 billion, interest, rent, and profit were $2.5 billion, government expend

klio [65]

Answer:

a) $34 billion.

Explanation:

Total Expenditure=Y=C+I+G+NX

= 20+2+7+5

= 34

7 0

3 years ago

Read 2 more answers

McLeod Inc. is considering an investment that has an expected return of 8% and a standard deviation of 10%. What is the investme

Rudik [331]

Answer:

the investment's coefficient of variation is 1.25.

Explanation:

The coefficient of variation relates the units of return to the units of risk. It expresses the unit of risk per 1% of return as follows :

Coefficient of Variation = Standard Deviation ÷ Return

Therefore,

Coefficient of Variation = 10 ÷ 8

= 1.25

7 0

3 years ago

Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%

Sindrei [870]

Answer:

She lost $754.05.

Explanation:

Giving the following information:

Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%.

The rise in her salary allows her to increase her purchasing power. On the contrary, inflation decreases purchasing power. We need to calculate the differences between both effects and determine whether she can buy more or less.

Increase in salary= 52,000*1.025= $53,300

Inflation effect= 52,000/(1-0.038)= $54,054.05

To maintain her purchasing power, now, she needs to earn $54,054.05.

She lost $754.05.

6 0

4 years ago