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2 years ago

If the government and Central Bank don't use economic policy, what could happen?

Business

1 answer:

Bumek [7]2 years ago

4 0

Answer: D. All of the above

Explanation:

Economic policies are the policies athat are out in place by the government in order to control economic activities.

These policies are used to reduce inflation, provide employment opportunities, increase standard of living, encourage economic growth etc.

If the government and Central Bank don't use economic policy, that s cs lead to inflation, increase in unemployment and fall in the GDP.

Therefore, the answer is option D

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The difference between errors in the financial statemetns as compared to fraud is

Nataly [62]

Hello there!

There is quite a HUGE difference between these both. When being frauded or making a fraud, this would also be known as stealing money.

But when making a mistake in a statement, they can be things resolved faster than if a person were to steal money. When making this mistake, you could resolve this by explaining why this was a mistake and also what could you do to fix it as well.

Both of these kind of acts are seriously two major different things, they have nothing in common.

4 0

2 years ago

Presented below are two independent situations.Gambino Cosmetics acquired 10% of the 200,000 shares of common stock of Nevins Fa

VLD [36.1K]

Answer:

See the explanation below

Explanation:

(a) Gambino Cosmetics

Since Gambino Cosmetics just 15% which is less than 20% of Nevins Fashion, the cost method for accounting for investments is the relevant method that is used as follows:

Stock investment = 10% * 200,000 * $13 = $260,000

Dividend income = 10% * $60,000 = $6,000

Available-for-sale (AFS) reserve = 10% * $122,000 = $12,000

Date Details Dr ($) Cr ($)

08 Mar. ‘15 Stock investments 260,000

Cash 260,000

To record investment in Nevins Fashion

30 Jun. ‘15 Cash 6,000

Dividend income 6,000

To record dividend income from investment in Nevins Fashion

31 Dec. ’15 Stock investments 12,000

AFS Reserve 12,000

To record share of income in Nevins Fashion

(b) Kanza, Inc.,

Since Kanza, Inc. acquired 40% in Rogan Corporation which is greater than 20%, the equity method for accounting for investments is the relevant method that is used as follows:

Stock investment = 40% * 30,000 * $9 = $108,000

Dividend income = 40% * $30,000 = $12,000

Investment revenue = 40% * $80,000 = $32,000

Date Details Dr ($) Cr ($) 

01 Jan. ‘15 Stock investments 108,000

Cash 108,000

To record investment in Rogan Corporation

15 Jun. ‘15 Cash 12,000

Stock investment 12,000

To record dividend received from investment in Rogan Corporation

31 Dec. ’15 Stock investments 32,000

Investment revenue 32,000

To record share of income in Rogan Corporation

8 0

3 years ago

Your new manager is highly motivational, gives clear directions and timelines, and is quick to point out inefficiencies. They li

FinnZ [79.3K]

When a manager does the above then it is likely that they subscribe to the Theory X leadership philosophy.

<h3>What is the Theory X philosophy?</h3>

It believes that workers are lazy and not willing to be responsible for work.
Believes that workers need to be constantly motivated to work.

By being highly motivational and giving clear responsibilities so that the workers don't have to think for themselves, this manager most likely believes in Theory X.

Find out more on Theory X at brainly.com/question/25636257.

8 0

2 years ago

Harris corporation produces a single product. last year, harris manufactured 27,970 units and sold 22,200 units. production cost

Dovator [93]

The Contribution Margin per unit (CM) can be calculated from the difference of Selling Price per unit (SP) and Total Expenses per unit (TE).

First, let’s calculate the value of SP:

SP = Sales / Units sold

SP = $1,043,400 / 22,200 units sold

SP = $47

Second, calculate all expenses:

Direct materials per unit = $234,948 / 27,970 units manufactured = $8.4

Direct labor per unit = $131,459 / 27,970 units manufactured = $4.7

Variable manufacturing overhead per unit = $240,542 / 27,970 units manufactured = $8.6

Variable selling expenses per unit = $113,220 / 22,200 units sold = $5.1

TE = $26.8

Therefore the CM is:

CM = SP – TE

CM = $47 - $26.8

CM = $20.2 per unit

6 0

3 years ago

…consider all the surplus revenues with come to him simply as trust funds, which he is called upon to administer… in a manner wh

klio [65]

This reflects the philosophy of Andrew Carnegie.
He was a famous businessman, who is actually even now considered to be one of the richest people ever. However, he was a philanthropist as well, having donated over $350 million to various charities. The sentence above was his philosophy.

5 0

2 years ago