Donors give because they expect something in return.Give reasons why they donate

B. Federal Reserve Chair Jerome Powell has hinted that a long run inflation rate target of 2% is the guide he uses for monetary

melamori03 [73]

Answer:

will, real economic growth is positive in the long run.

Lower; creditors to debtors.

Explanation:

Theory of money is the economical view that the inflation is dependent on the money supply in the country. When the money supply is higher then inflation will be lowered and purchasing power of the consumer will be high. When inflation is set to a minimum possible rate then real economic growth will be positive in the long run and negative in the short run.

6 0

3 years ago

Regling Company provides its employees vacation benefits and a defined benefit pension plan. Employees earned vacation pay of $4

Leto [7]

Answer:

A.

Dr Vacation pay expenses $40,000

Cr Vacation pay payable $40,000

B.

Dr Pension expenses $222,750

Cr Cash $185,000

Cr Unfunded pension liability $37,750

Explanation:

Regling Company Journal entries

A.

Dr Vacation pay expenses $40,000

Cr Vacation pay payable $40,000

B.

Dr Pension expenses $222,750

Cr Cash $185,000

Cr Unfunded Pension liability $37,750

8 0

3 years ago

The budget for the month of May was for 9,600 units at a direct materials cost of $21 per unit. Direct labor was budgeted at 30

Degger [83]

Answer: a) unfavorable direct labor price (rate) variance of $2,085.

Explanation:

The purpose of calculating variance is to see if a company is being efficient in it's production of goods and services or in it's general affairs. The variance is calculated by subtracting the actual amount that was used to do something from it's budgeted amount.

If the actual amount is higher then the Variance is said to be Unfavourable. The reverse holds true.

Calculating the Direct Labor price (rate) Variance will give us,

Direct Labor Price (rate) Variance = (Actual Price - Standard price)*Actual Hour

NB - Figures are given for 30 minutes so need to be converted.

Direct Labor Price (rate) Variance = (111,285/9,100 *2 - 115,200/9,600 * 2 ) * 9100/2

= $2,085

Actual Price (rate) variance was higher than Standard Price (rate) variance which led to an Unfavourable balance of $2,085

3 0

3 years ago

A short forward contract that was negotiated some time ago will expire in 12-month and has a delivery price of $49.25. The curre

wlad13 [49]

Answer:

$3.04

Explanation:

F = (K - F0)*e^(-r*T) <em>Where f = current value of forward contract, F0 = forward price agreed upon today, K = delivery price for a contract negotiated, r = risk-free interest rate applicable to the life of forward contract, T = delivery date</em>

<em />

F = ($49.25-$46.00)*e^(-0.0665*12/12)

F = $3.25*e^(-0.0665)

F = $3.25*0.935662916

F = $3.040904477

F = $3.04

So, the value of the short forward contract is $3.04.

7 0

3 years ago

An engineering graduate plans to buy a home. She has been advised that her monthly house and property tax payment should not exc

dimaraw [331]

Answer:

$83,107.20

Explanation:

Amount available for monthly house payment = [$ 2000 * 35% ] - $ 150

= $700 - $150

= $550

Effective rate per month = 6.95% / 12 months = 0.00579 = 0.579%

No of periods = 30 years * 12 months = 360 months

Present Value = Amount available for monthly house payments * [P/A,0.579%,360]

[P/A,0.579%,360] =[(1 + i)^n - 1] / [( 1 + i)^n * I]= [(1 + 0.00579)^360 - 1] / [( 1 + 0.00579)^360 * 0.00579]

P/A,0.579%,360 = [7.99158 - 1] / [ 7.99158 * 0.00579]

P/A,0.579%,360 = 6.99158 / 0.04627

P/A,0.579%,360 = 151.104

Present Value = Amount available for monthly house payments * [P/A,0.579%,360]

Present Value = $550 * 151.104

Present Value = $83,107.20

Thus, the max amount she can par for the house is $83,107.20

6 0

3 years ago

Donors give because they expect something in return.Give reasons why they donate​

Donors give because they expect something in return.Give reasons why they donate