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2 years ago

What are Aggregate Demand and Aggregate supply?

Business

1 answer:

Kaylis [27]2 years ago

3 0

Answer:

total or effective demand for good or service

total quantity of output firm will produce

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Bradley is sitting on his porch enjoying his very large front yard and drinking a lemonade when Chris, a kid from down the stree

VMariaS [17]

Answer:

c implied contract

Explanation:

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3 years ago

Which of the following illustrates an inflow of cash? a. a decrease in common stock b. a decrease in long-term debt c. a decreas

Alexeev081 [22]

Answer:

The answer is C.

Explanation:

A decrease in inventory means customers are buying inventories (goods) from the business. It is an inflow because money comes in.

Option A is incorrect because a decrease in common stock means shareholders are withdrawing their shareholding from the business and the business will pay them. This is an outflow.

Option B is incorrect because a decrease in long term debt means the business is paying its debt or redcuing its liability and this is an outflow.

Option D is also incorrect because an increase in fixed assets means the business is buying this asset with cash and this is an outflow

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3 years ago

During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $5 per

Arturiano [62]

Answer:

$150,000

Explanation:

The computation of value of ending inventory under absorption costing is shown below:-

Total Cost per unit = Direct Material per unit + Direct Labor per unit + Variable Overhead per unit + Fixed Overhead per unit

= $5 + $4 + $3 + ( $200,000 ÷ 25,000 units)

= $5 + $4 + $3 + $8

= $20

Ending Inventory in units = Units produced - Units sold

= 25,000 - 17,500

= 7,500

Cost of Ending Inventory = Total Cost per unit × Ending Inventory units

= $20 × 7,500

= $150,000

So, for computing the cost of ending inventory we simply multiply the total cost per unit with ending inventory units.

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3 years ago

C. Forex trading is a very popular investment in Malaysia due to low barriers of entry. There are also many online trading platf

frez [133]

Answer:

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2 years ago

All-Star Automotive Company experienced the following accounting events during 2018: Performed services for $25,000 cash. Purcha

Mariana [72]

Answer & Explanation:

Operating Activities

services collected 25,000

salaries paid (14,000)

utilities paid (2,800)

cash generated from operating activities 8,200

Investing activities

proceeds from land 9,000

purchase of land (6,000)

cash generated from investing activities 3,000

Financing Activities

issuance of stocks 50,000

bank loan 5,000

payment on loan (10,000)

dividends paid (5,000)

cash generated from financing activities 40,000

Total cash generated for the year ended December 31th, 2018 51,200

beginning balance 9,200

ending balance 60,400

Notes: Activities related to the daily operation wil lbe operating activities.

The transaction involving long-term assets will be investing activities

The stocks, dividends and loan, loan payment are financing activities for the company.

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3 years ago