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Iteru [2.4K]
3 years ago
14

Use this balance sheet to do horizontal analysis of the Howard Company. 2019 2018 amount percent Assets Current Assets $13,000 $

10,000 Plant Assets $44,000 $50,000 Total Assets $57,000 $60,000 Liabilities $11,000 $20,000 Stockholders' Equity $46,000 $40,000 Total Liabilities and Equity $57,000 $60,000 What is the percent increase or decrease for current assets
Business
1 answer:
Diano4ka-milaya [45]3 years ago
5 0

Answer: 30%

Explanation:

The the percent increase or decrease for current assets will be:

= Increase in current asset / Old current asset × 100

= (13000 - 10000) / 10000 × 100

= 3000/10000 × 100

= 30%

Therefore, the Percent increase in he current asset is 30%

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The Nacho Division of the Tex-Mex Company has a return on investment (ROI) of 12%, sales of $217,000, and an asset turnover of 4
BlackZzzverrR [31]

Answer:   Nacho's operating income= b. $6,510.

Explanation:

First, we calculate the Total Asset of the Divison.

Asset turnover = Sales/ Total Assets

Total Assets = Sales/ Asset turnover

= $217,000/ 4

Asset turnover=$54,250

Also Return on investment = Operating Income/ Total Assets

Therefore Operating Income=Return on investment x Total Assets

= 12% X 54,250

=$6,510

4 0
3 years ago
A nation's central bank makes an open market purchase of 20-year bonds. What is the short-run effect on the nation's economy
maks197457 [2]

Answer:

The answer is:

when a nation's central bank makes an open market purchase of 20-year bonds, short-run effect is that the quantity of money in circulation increases, interest rates are low because the nation's commercial banks have more money to lend. Households and businesses are motivated to borrow money because of low rates

Explanation:

This is a monetary tool - open-market operation which is a situation in which when the central bank purchases securities inorder to increase the money supply and sells securities to decrease the money supply.

So when a nation's central bank makes an open market purchase of 20-year bonds, short-run effect is that the quantity of money in circulation increases, interest rates are low because the nation's commercial banks have more money to lend. Households and businesses are motivated to borrow money because of low rates.

This is usually done to stimulate the economy i.e to stop the economy from slowing down.

5 0
3 years ago
Suppose the fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth w
Harlamova29_29 [7]

In the long run, the increase in money growth will change price levels and inflation.

<h3>What is money neutrality?</h3>

Money neutrality is an economic theory that changes in money supply do not affect real variables but only affect nominal variables. As a result, monetary policy is neutral in the long-run and affects real variables in the short-run.

Here are the options: (A) The price level. (B) The level of technological knowledge. (C) The quantity of physical capital. (D) The inflation rate.

To learn more about money neutrality, please check: brainly.com/question/16245225

4 0
2 years ago
Slavery for blacks, the south declared, was the surest guarantee of "perfect equality" among whites, as they liberated them from
Mila [183]
<span>This statement is true as in the old times, the North ans South were proslavery because they feel that they will be liberated from the "low, menial" jobs like factory labor and domestic service performed by wage laborers in the north. It was the only plausible explanation for the North by guaranteeing equality for whites. Also, they believed that without slavery, the whites would never achieve their civilized pursuit due to these menial jobs.</span>
6 0
3 years ago
Honda motor co. prices its whole line (from the $15,000 honda fit economy sedan to the $40,000 pilot suv) so that it offers high
enot [183]

Value Pricing policy is honda using.

This is an example of " Value Pricing" since value pricing is based on the "Value" that the product creates in the minds of the customer.

Explanation of why others are not selected.

1. CUmulative quantity discount is offered for customers who purchase several items at once which is not the case

2. Bundle pricing is offred for the customer who purchases all the goods at once which is not the case.

3. Introductory pricing involves pricing low at the time of introducing a new model to gain market penetration which is also not the case

Value pricing is customer-oriented pricing. H. Companies set prices based on how much customers believe in the value of their products. Value-based pricing differs from "cost plus" pricing, which includes production costs in the price calculation.

Learn more about Value Pricing here: brainly.com/question/7459025

#SPJ4

3 0
1 year ago
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