1,710 units
1,300 in inventory
+ 350 in transit
+ 80 on consignment
= 1730
- 20 damaged units
=1,710 units in period end inventory
Answer: Stockholders equity $254,900
Explanation: Stockholders’ equity is the difference in a company's total assets and total liability. From the above question, total stockholders’ equity is calculated thus:
Current assets = $435,200
Fixed assets = $550,800
Total Assets. $986,000
Current liabilities = $416,600
Long-term debt = $314,500
Total liability. $731,100
Total stockholders equity is Total Assets less Total liability.
Total Assets. $986,000
Total liability. ( $731,100 )
Stockholders equity $254,900
Answer:
$21,000
Explanation:
NOL, Phillis and Trey's taxable income must be adjusted by:
= Standard deduction - (Interest income + Net non business capital gain)
= $24,000 - [$500 + ($4,800 - $2,300)]
= $24,000 - ($500 + $2,500)
= $24,000 - $3,000
= $21,000
Therefore, the NOL, Phillis and Trey's taxable income must be adjusted by $21,000.
Answer:
A) higher interest rates ; largely offset by the lower interest rates
Explanation:
If the government carries on an expansionary monetary policy, it will lower interest rates and increase the money supply in an attempt to increase aggregate demand. If at the same time it increases the interest rate it will pay for borrowing money (e.g. increase treasury bills' interest rates), that would make no sense since one policy would offset the other.
A government cannot increase the money supply and then increase the interest rates on treasury bills since that would lower the money supply again.
