Answer:
D.
Explanation:
The Federal Reserve achieve these goals by Raising and lowering short term interest rates. This monetary policy stimulates the economy. Taxation and government spending are also done in form of fiscal policies. Minimum wage is tool used raise the standard of living in USA. hence the correct answer to the question is D) Raising and lowering short-term interest rates
Answer:
c.10
Explanation:
We have 68 students, 3 of them are registered in three classes, so (68-3 =65), 65 students are registered in one or two classes.
Additionally, we know that:
- 25 students are registered for History.
- 25 students are registered for Math
- 34 students are registered for English
If we want to know only the registrations of students that are registered for one or two classes, we should substract 3 in every class (the three students that ar registered for the three classes)
So, now we have:
- 22 students registered for History.
- 22 students registered for Math
- 31 students registered for English
Total registrations for stdents registered in one or two clases: 22+22+31= 75
75 registrations of 65 students
So 75-65=10 .. There are 10 students registered for 2 classes.
The entry made at the end of the accounting period to record wages incurred but unpaid is Accrued expenses, An expense that is recorded on the books before it has been paid is referred to as an accumulated expense, also known as accrued liabilities.
The accounting period in which the expense is incurred is used to record it. Accrued expenses are listed as current liabilities on a company's balance sheet since they represent a company's obligation to make future cash payments. An estimated expense may not match the supplier's invoice, which will arrive at a later time.
According to the accrual method of accounting, costs are recorded as incurred rather than as paid when they are actually incurred.
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Answer:
a. $418,000
Explanation:
The computation of the contribution margin of the West business segment is shown below:
Contribution margin = Sales revenue - variable expenses
= $890,000 - $472,000
= $418,000
By deducting the variable expenses from the sales revenue we can get the contribution margin and we applied the same that is shown above.
Answer:
B) Unrealized Holding Gain or Loss-Income. 300,000
Notes Receivable 300,000
Explanation:
December 31, 2017 realized losses:
- Dr Unrealized Holding Gain or Loss―Income 300,000
- Cr Notes Receivable 300,000
Since the carrying value of the notes receivable was $300,000 higher than their fair market value, it means that the company will lose money.
Since the company is losing money, it should debit the Unrealized Holding Gain or Loss―Income account. Gains are credited and losses are debited.
