Answer:
The long-run aggregate supply curve will not shift if there is a change in
A change in the price level only results in a movement along the long-run aggregate supply curve, it doesn't cause a shift. Only when the quantity of factors of production changes, will the LRAS curve shift.
All of the following will shift the short-run aggregate supply and the long-run aggregate supply except for
- C. a temporary change in input prices.
Basically the same logic as the previous answer, a change in price level doesn' shift the LRAS curve.
Unemployment taxes are levied on the FIRST 7,000 of an employees wages paid each year.
So for the fulltime employees, you only count 7,000 of their salaries.
The corporation will pay taxes on 14,000 for full-time and 4,000 from part-time or 28,000 total. If the rate is 5.4%, the total taxes paid will be
28,000*5.4% = $1,512
Answer:
e. 9.33 times
Explanation:
Data provided as per the given question
Price of share = $200,000 and $50,000
Earning per share = $40,000
The calculation of price-earnings ratio is shown below:-
Price earning ratio = Price of share ÷ Earning per share
= ($200,000 - $50,000) ÷ $40,000
= $3.75 per share
Therefore price earning ratio
= $35 ÷ $3.75
= 9.33 times
Answer:
- Dr Merchandise Inventory 5,800
- Cr Accounts Payable 5,800
Explanation:
The only records that Anders Company should make on May 1 regarding the purchase of the merchandise form Shilling is:
Debit record Merchandise Inventory 5,800 (since merchandise inventory is an asset account, when it increases it should be debited)
Credit record Accounts Payable 5,800 (since accounts payable is an liability account, when it increases it should be credited)
