Answer:
False
Explanation:
Buyers and Sellers do not physically see each other
Answer:
Sale of plant assets. If the company<u> sales an equipment it will receive cash </u>for it. We are not given with any information of this transaction not being in cash, so we should assume it was a sale in cash or cash equivalent.
Explanation:
<u>Conversion of bonds into common stock.</u> The bonds, which are outstanding and represent a promise to pay, are converted into common stock, this transaction doesn't involve cash.
<u>Issuance of common stock to purchase land. </u>The land is acquire in exchange of common stock, the company is not using cash. the owner of the land can later sold the stock to a third party but it won't affect the cash flow of the company.
<u>Issuance of debt to purchase equipment </u>Like singing a note to purchase a machine, no cash is involve.
Answer: Option (c) is correct.
Explanation:
Correct Option: Decrease the money supply, which will move output back towards its long-run level.
If the economy is in long run equilibrium and there is a rightward shift in the aggregate demand curve then as a result output and price level rises in an economy.
Here, the central must follow the contractionary monetary policy to stabilize the economy.
So, the central bank must decrease the money supply to move the output and price level back to its initial position.
Answer:
Please see attached solution
Explanation:
a. Total manufacturing overhead costs allocated $356,400
b. Variable manufacturing overhead spending variance $40,500U
c. Fixed manufacturing overhead spending variance $17,600U
d. Variable manufacturing overhead efficiency variance $19,500F
e. Production volume variance $39,200F
Please find attached detailed solution to the above questions
What is the incremental percentage paid on income taxes called The marginal tax rate
For better understanding, lets explain marginal tax rate
- Marginal tax rate is simply referred to as the increase in taxes as a percentage of the increase in income. That is the change in the tax payment is divided by the change in income.
- Marginal tax rate = Change in taxes due/change in taxable income
from the above, we can therefore say that the answer What is the incremental percentage paid on income taxes called marginal tax rate
Learn more about marginal tax rate from:
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