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3 years ago

Match the terms with their corresponding descriptions.

Business

1 answer:

Oxana [17]3 years ago

4 0

Answer:

a. Menu cost.

b. Nominal wage of confusion.

c. Real shock.

d. Solow Growth Rate

e. Business Fluctuations.

Explanation:

a. Menu cost: Firms' costs associated with changing their prices.

b. Nominal wage of confusion: When workers respond, not to the purchasing power of their wage, but to the face value of their wage or salary.

c. Real shock: An event that changes the existing productivity and therefore changes the extent to which economic growth occurs.

d. Solow Growth Rate: Given flexible prices and the existing factors of production, a measure of how much the economy grows.

The Solow Growth Model, developed by Robert Solow, a Nobel Prize winning economist. It was the first neoclassical growth model which was was built upon the Keynesian Harrod-Domar model. The modern theory of economic growth is given by the Solow Model.

The equation below gives us the change in capital stock per worker with population growth at rate n;

Δk = sf(k) – (δ + n)k.

Where k: capital stock per worker in period t

s: savings rate

δ: rate of depreciation of capital

n: labor or number of workers

sf(k): savings per capita multiplied by a fraction of income saved.

e. Business Fluctuations: Variations in the growth rate from the long-run rate of economic growth real shock business fluctuations.

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Entity B bought equipment for $240,000 on January 1, 2021. It estimated the useful life to be 3 years with no salvage value, and

mezya [45]

Answer:

Part 1

Revised depreciation expense = $32,000

Part 2

The entry to record depreciation expense :

Debit : Depreciation Expense $32,000

Credit : Accumulated Depreciation $32,000

Explanation:

Straight line method charges a fixed depreciation charge over the year of use of an asset.

<em>Depreciation expense = (Cost - Salvage Value) ÷ Estimated Useful Life</em>

2021

Depreciation expense = $80,000

2022

Old Depreciation expense = $80,000

New Depreciation expense = Depreciable Amount ÷ Remaining Useful Life

= ($240,000 - $80,000) ÷ 5

= $32,000

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3 years ago

A category that is not in the chart of accounts is

Lera25 [3.4K]

Let's look at the Accounting Equation = Assets = Liabilties + Stockholders' Equity

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Short term and long term Liabilities are also included too - money you owe. A Note Payable is a long term example, Interest Payable is a short term one.

Stockholders' Equity is one too - these include your stocks, your retained earnings.

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3 years ago

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Judy served as director of marketing for a Florida homebuilder. She was terminated within an initial 90-day assessment review pe

algol13

Answer and Explanation:

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Also it protects the permanent employees and the workers who work on temporary basis that report the major mistakes

So here the Judy would be eligible for the whistleblower protection

The factors that need to be considered are as follows;

1. The actions that breaks the rules of the company

2. The reason of firing Jude after getting the offer of new employment

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3 years ago

Select all that apply.

Dahasolnce [82]

Answer:

When using shared work areas, show consideration by:

1. notifying the proper person when supplies are needed

2. returning equipment and tools to their proper place

3. keeping shared work areas neat

Explanation:

Sharing work space is a scenario where members of a company or organization share certain resources in that particular company. The work spaces involved include; office space, work environment and equipment. Since the resources in a shared work space are always limited, there needs to be an organized arrangement that minimizes conflict. There are also several practices that ensures that resources are shared smoothly. The following considerations can go a long way in minimizing conflicts when using shared work areas, namely

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4 years ago

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Afina-wow [57]

Answer:

Using equation

F=P(1+i)^n

n=5

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p=$0.2

F=0.2(1+0.05)^5

F=$0.255

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i=0.08

F=$0.2938

Taking average approximate forecast=0.2938+0.255/2=$0.2744

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4 years ago