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Serhud [2]
3 years ago
5

What is your marginal rate of consumption (MPC)? If your income increased $1,000 per month until retirement, how much would your

spending on consumption goods increase?
Business
1 answer:
vivado [14]3 years ago
3 0

Answer:

$400

Explanation:

In the case when the income would be increased by $1,000 per month so the spending on consumption goods would also be increased by 40% here we assume the 40%

So,

= $1,000 × 40%

= $400

Therefore based on the above assumption, the spending on consumption goods would be increased by $400

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Accrued revenues:
mars1129 [50]

Answer:

A. At the end of one accounting period result in cash receipts in a future period

Explanation:

Revenue is total amount of money firm receives or is entitled to receive, by selling its goods / services, in a period of time.

Revenue can be :

  • Cash (Actually received): Based on cash transactions.
  • Accrued (Earned but not received): Based on credit transactions - with Debtors (who owe money to us)

Accrued Revenue i.e Revenue Earned but not received in an accounting period : is an asset in form of debtors of a firm. The firm will get cash receipts from them in a future period.

8 0
3 years ago
Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.6 Return on assets (ROA) 3% Re
lubasha [3.4K]

For the given problem, Profit Margin = 1.88%, Liabilities-to-assets ratio = 40% and debt-to-assets ratio = 20%.

Explanation:

From the given data,

Sales/total assets=1.6 ,

Return on assets (ROA)=3% ,

Return on equity (ROE)=5%.

1) To calculate Profit Margin,

Profit Margin = \frac{Return on assets (ROA)}{(Sales ortotal assets)}.

Profit Margin = \frac{3}{1.6}.

Profit Margin = 1.88%.

2) To calculate Liabilities-to-assets ratio,

Liabilities-to-assets ratio = 1-\frac{ROA}{ROE}.

Liabilities-to-assets ratio = 1-\frac{3}{5}.

Liabilities-to-assets ratio = 1 - 0.6.

Liabilities-to-assets ratio = 40%.

3) The debt-to-assets ratio,

The half of the Liabilities-to-assets are in form of debt.

The debt-to-assets ratio = \frac{Liabilities-to-assets ratio}{2}

∴ The debt-to-assets ratio = 20%.

3 0
3 years ago
A major shift for personnel management arrived in the 1930's with the emergence of:
podryga [215]
A major shift for personnel management arrived in the 1930's with the emergence of UNION LAWS.
Union laws refers to a set of laws that govern the relationship between the employers and the employees. Union laws were first released in the 1903's and it changed the manners the employers treat their workers.
8 0
3 years ago
Assume that Jimmy Cash has $2000 in his checking account at Folsom Bank and uses his checking account card to withdraw $200 of c
ad-work [718]

Answer:

It has no effect

Explanation:

M1 includes the currency and checking accounts. The bank account will decrease by 200 (cheking deposit) and increase currency by 200. So it will be the same as before the transactions.

The M1 money supply will not change as a result of this transaction.

In other words, M1 contains cash and near cash equivalent, this transaction do not increase or reduce these concepts.

8 0
3 years ago
Many believe that there are too many lawsuits in the United States. Do you agree or disagree? Why? Discuss who should accept mor
patriot [66]

Answer:

Indeed, a large number of lawsuits enter the American courts year after year. This happens for two main factors:

-First, there is absolute trust in the judicial system of the United States. The citizens trust in the absolute transparency and impartiality of the judges, with which they do not hesitate to go to them to resolve their controversies. Furthermore, the relatively short resolution and sentencing time means that this method is not seen as a waste of time.

-Second, there is a clear lack of communication when doing business. In other words, a culture of judicialization of conflicts has been generated, which means that many controversies that can be resolved privately between the parties end up being the subject of a trial, which saturates the judicial system and breaks trust between the parts.

The responsibility in this matter belongs to the entire society: it is necessary to resume the path of dialogue and joint conflict resolution, instead of going to an impartial third party to do so. The mentality must be changed to achieve a culture of communication that favors joint solutions to society's problems.

Unfortunately, this process takes years and years of education and a change in culture, so that in the coming years a significant change in the number of lawsuits filed in this country should not be expected.

7 0
3 years ago
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