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3 years ago

When the Federal government takes action to change taxes and spending to stimulate the economy such policy is:_________

Business

1 answer:

vova2212 [387]3 years ago

3 0

Answer:

c. Discretionary

Explanation:

The discretionary policy is the policy that depends upon the judgement of the people who made the policy. It also deals in the decision making with respect to the monetary and fiscal policy

So here in the given situation, it is mentioned at the time of taking the action by the federal government with respect to change in the taxes and the spending in order to stimulate the economy

So this situation represents the discretionary policy

therefore the option c is correct

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Karl opens a savings account with $2500. He deposits $1500 every year into the account that has a 0.75% interest rate, compounde

zhuklara [117]

Answer:

Total FV= $29,335.25

Explanation:

First, we need to calculate the future value of the initial investment ($2,500) using the following formula:

FV= PV*(1 + i)^n

PV= $2,500

i= 0.0075

n=10*12= 120 months

FV= 2,500*(1.0075^120)

FV= $6,128.39

Now, the future value of the $1,500 annual deposit:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

We need to determine the effective annual rate:

Effective annual rate= (1.0075^12) - 1= 0.0938

FV= {1,500*[(1.0938^10) - 1]} / 0.0938

FV= $23,206.86

Total FV= $29,335.25

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3 years ago

Chandra sues Martin for breach of contract. Both parties have completed discovery. Chandra now wants her attorney to file a mo

Vlada [557]

Answer:

Chandra should request her attorney to file a motion for summary judgement because both parties have past the pleading stage of litigation and they both have also completed discovery. Since enough evidence was gathered during discovery, then Chandra is entitled to judgement.

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2 years ago

DJFats Company determined that the 2019 ending inventory had been overstated by $11,200 AND that the 2019 beginning inventory wa

horrorfan [7]

Answer:

a. $103,400

Explanation:

As we know that

Cost of goods sold = Beginning inventory + purchases - ending inventory

And,

Gross profit = Sales revenue - cost of goods sold

Since in the question it is given that

The ending inventory and beginning inventory had been overstated by $11,200 and $6,600 respectively

Since overstatement in the initial inventory raises the cost of the goods sold and decreases by that amount the gross profit & net income

And, overstatement in ending inventory reduced cost of goods sold and raised gross profit & net income by that amount.

So for overstated ending inventory the amount should be deducted and for overstated beginning inventory the condition would be reverse

So, the correct amount is

= incorrect pretax net income + overstatement in beginning inventory - overstatement in ending inventory

= $108,000 + $6,600 - $11,200

= $103,400

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3 years ago

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schepotkina [342]

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3 years ago

Yogi expects to produce 1 comma 700 units in January and 2 comma 180 units in February . The company budgets 3 pounds per unit o

algol [13]

Answer and Explanation:

The Preparation of Yogi 's direct materials budget for January and February is shown below:-

Direct material budget

Two months ended Jan 31 and Feb 28

January February

Budgeted units to be produced a 1,700 2,180

Direct material pounds per unit b 3 3

Direct materials needed for

production (c = a × b) 5,100 6,540

Add: Desired direct material

in ending inventory (pounds) d 3,060 4,300

(5,100 × 0.6)

Total direct materials needed 8,160 10,840

(e = c + d)

Less: Direct material beginning in

inventory(pounds) f 5,200 3,060

Budgeted purchase of direct

material g = e - f 2,960 7,780

Direct material cost per pound h $15 $15

Budgeted cost of direct material

purchases i = g × h $44,400 $116,700

5 0

2 years ago