Answer:
$200 (million)
Explanation:
If the government spending increases by $200 million, then associated change in equilibrium income will be $ 200 million, assuming that Marginal Propensity to Consume (MPC) is 1
Ask what <u>coverage </u>is included for $100.
A low cost policy may not be an all-inclusive policy- you always have to look at the details.
Rules and regulations enacted by various federal agent are crucial to real estate because. A. they are laws passed by Congress.
<h3>Why is ruling the most important source of law?</h3>
The ruling is a powerful source of law. In principle, it ties the whole society. Courts are institutions that use the law on daily basis. Judges and magistrates, like all lawyers, consult legislation and governments of common law and custom using the particular case before them.
Legislation is useful in delivering a framework for governmental action in fields that are either completely new or that were not considered by the standard law to be within the province of governmental action.
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Answer:
Date Particulars Debit Credit
Jan 3 Cash $240,000
Common stock (30000*5) $150,000
Paid-in-capital in excess $90,000
Nov 2 Treasury stock $15,000
Cash $15,000
Dec 6 Cash $7,200
Treasury stock[75000/1500*600) $6,000
Paid in capital from treasuty cash $1,200
Answer:
$1.15 billion
Explanation:
Given that,
Ending retained earnings = $1.52 billion
Net income = $0.41 billion
Dividends = $0.04 billion
Beginning retained earnings:
= Ending retained earnings - Net income + Dividend
= $1.52 billion - $0.41 billion + $0.04 billion
= $1.15 billion
Therefore, the beginning retained earnings of this company is amounted to be $1.15 billion.