Answer:
The answer is: $700,000
Explanation:
A company´s resource flows are the amount it reinvests to maintain (or in this case upgrade) or build a resource, for example new machinery or infrastructure renovations.
In this case, Ironhorse Tools spent $700,000 to upgrade its manufacturing facilities.
Answer:
If the workers had been paying other people to perform the household activities prior to unemployment, then total production will fall.
Explanation:
Answer:
(B) $20 billion
Explanation:
Given a certain level of MPC, an increase in government spending (G) by a certain amount translates to an increase in aggregate demand (AD) through the relationship below.
where Δ means <em>change.</em>
<em />
Therefore, given ΔAD of $50 billion, and MPC of 0.6,
= 
= 
= ΔG = 50 * 0.4 = 20
Therefore, increase in government purchases = $20 billion.
Answer:
Explanation:
These are the 2 ways to use provider credit:
1. Through linking reimbursement checks in bank deposit. These checks are from the vendor and will be used to create a vendor credit.
2. Making payment of supplier invoices, is another way to use credit, to carry out this, I have to create the invoice.
Answer and Explanation:
The journal entry for establishing the fund as on September 1 is shown below:
On September 1
Petty cash Dr $410
To cash $410
(Being establishment of fund is recorded)
Here petty cash is debited as it increased the asset and credited the cash as it decreased the asset
Therefore the same is to be considered
