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3 years ago

Current expenditure is money spent on goods and services consumed within:

Business

1 answer:

Fiesta28 [93]3 years ago

5 0

Answer:

A) one year

Explanation:

As the name implies, current expenditure is an accounting term used to classify the total cost incurred on an item presently (or currently) within one year.

For example, It would be out of place to classify the projected cost of renting a facility in the next three years as a current expenditure if payment would be made in the future.

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Assume the economy is operating at less than full employment. An expansionary monetary policy will cause interest rates to _____

adoni [48]

When the economy is not at full employment and an expansionary monetary policy is followed:

Interest rates decrease
Investment spending increases

When there is an expansionary monetary policy in place, more money is pumped into the economy which means that there are more loanable funds. This increase in the supply of loanable funds will decrease the interest associated with them.

As a result of interest rates being lower, more businesses and people will be able to borrow money and invest in projects thereby increasing investment spending.

In conclusion, there will be an increase in investment spending due to a decrease in interest rates.

Find out more at brainly.com/question/2343055.

7 0

3 years ago

Next year, Celebrity wishes to increase the unit selling price to $110. Shipping will change to 2.5% of sales. Cost of goods sol

RSB [31]

Answer:

net income increased by $1,537.50

Explanation:

Obviously, the original income statement is missing, so I looked for a similar question:

sales revenue $16,500

COGS ($9,300)

Gross profit $7,200

Operating exp.:

Administrative $950
Depreciation $1,300
Shipping $412.50 ($2,662.50)

Net income $4,537.50

net income increased by $4,537.50 - $3,000 = $1,537.50

8 0

3 years ago

In which document can the project manager (pm) find guidance for implementing earned value management (evm) contract management

Hoochie [10]

Guidance for implementing earned value management contract can be obtained from EARNED VALUE MANAGEMENT IMPLEMENTATION GUIDE.
Earned value management is a project management method for quantifying project performance.

8 0

3 years ago

Question 6 (10 points)

mafiozo [28]

The answer is decreases

3 0

3 years ago

On January 2, 2021, Miller Properties paid $28 million for 1 million shares of Marlon Company's 6 million outstanding common sha

emmainna [20.7K]

Answer:

A. Income statement $8.4 million

B. Balance sheet million $35.4 million

C. Operating cash flow million $1 million

Investing cash flow million=$28 million

Explanation:

a. Calculation for Income statement million

Using this formula

Income statement=Investment revenue -Patent amortization adjustment

Let plug in the formula

Income statement= ($54 million × 1/6)-([$36 million] × 1/6]÷10 years)

Income statement=$ 9.0-$0.6

Income statement=$8.4 million

Therefore Income statement million will be $8.4 million

b. Preparation of the Balance sheet million

Cost $28 million

Add Investment revenue $9.0 million

($54 million × 1/6)

Less Dividend ($1 million)

($6 million × 1/6)

Less Patent amortization adjustment ($0.6 million)

([$36 million] × 1/6]÷10 years)

Balance sheet million $35.4 million

($28 million+$9.0 million-$1 million-$0.6 million)

Therefore Balance sheet million will be $35.4 million

c. Preparation of the Statement of cash flows

Operating cash flow million=($6 million × 1/6)

Operating cash flow million= $1 million

Investing cash flow million=$28 million

Therefore Operating cash flow million will be $1 million while the Investing cash flow million will be $28 million.

5 0

3 years ago