Answer:
monetary policy can be described either in terms of money supply or in terms of interest rate.
Explanation:
monetary policy has to do with the way the central bank or any authority that governs how money is being supplied and interest rate in an economy. the most important form of the money is credit which can come inform of loans, mortgages, etc. monetary policy can be described either in terms of money supply or in terms of interest rate in the sense that it regulates both the money and interest rate in an economy.
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Answer:
Since no transactions are specified that were made out of the group ( i.e. Holding Company and Subsidiary) so, in consolidated income statement of 20x8, no COGS shall be shown for the transactions made between Pie and Slice Co.
Explanation:
In consolidated financial statements, we represent Holding ( Pie ) and Subsidiary ( Slice ) Companies as a single unit. Hence, the transactions made within the group are not considered in making of Consolidated financial statements.
However, both companies will show the sales and COGS in separate financial statements.
Answer:
C. Like-Kind exchange
Explanation:
Like kind exchange is a type of deferred tax transactions that occurs when the disposal of an asset and the acquisition of another similar asset without generating a capital gains tax liability from the sale of the first asset. In like kind exchange, an individual can defer paying taxes upon the sale of a property by swapping your property for similar property owned by someone else. An investor is able to swap one eligible property for the other with the sole aim of avoiding or deferring taxes.
Answer:
$6,788
Explanation:
The computation of the supplies cost in the planning budget is shown below:
= Supplies cost per month + number of frames in planned activity × per frame cost
= $1,640 + 572 frames × $9
= $1,640 + $5,148
= $6,788
We simply added the supplies cost and the planned frame cost so that the supplies cost for the planning budget could come
