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2 years ago

If the United States falls into a recession, which action would the Federal Reserve take to encourage employment?

Business

2 answers:

gayaneshka [121]2 years ago

7 0

Answer:

A. Buy government securities.

Explanation:

katrin2010 [14]2 years ago

6 0

Answer:

A; buy government securities

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Recher Corporation uses part Q89 in one of its products. The company's Accounting Department reports the following costs of prod

DedPeter [7]

Answer:

Recher Corporation:

a) Financial impact of buying part Q89:

i) Relevant costs for In-house production of part Q89 are the avoidable costs:

Direct materials - $7.60

Direct labour - $4.20

Variable overhead - $8.30

Supervisor's salary $3.20

Avoidable general overhead - $0.81

Avoidable cost = $24.11 per unit

Total = $24.11 x 6,200 = $149,482

ii) Relevant cost of buying outside equals outside price minus additional segment savings = (6,200 x $27) - $15,600 = $151,800

When i) is compared with ii), it shows that it would cost more to buy outside ($151,800) than to produce the part in-house ($149,482).

b) The alternative the company should choose is to produce in-house.

Explanation:

a) The avoidable general overhead of $0.81 was obtained by dividing $5,000 of general overhead by 6,200 units, i.e. $5,000 / 6,200.

b) The depreciation for the special equipment is not included as it is not relevant. It must be incurred no matter the option chosen.

c) The relevant cost of buying the part outside was reduced by $15,600 since this amount would be realized as additional margin with the choice.

d) |n making cost decisions, relevant and avoidable costs are considered. Any cost that will be incurred notwithstanding the choice made is not relevant. Such costs are unavoidable. For example, the depreciation on the equipment.

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2 years ago

Kellyn needs to move Slide 8 of his presentation up so that it becomes Slide 6. What best describes how he can do this using the

777dan777 [17]

Answer:

The answer is "Option C".

Explanation:

In the given question, the numbering of the choices is missing, which is defined in the attached file please find it.

The slide Thumbnail implies its word used during PowerPoint presentations that denote the slide's tiny edition. It is the smaller version of a larger image that was simply a thumbnail. It has no long since digital image control thumbnails have been used, that's how much PowerPoint utilizes them.

Hold the slide until the slider is raised instead move it to sixth position to move to sixth position.
All slideshow software allows a person to click on it and drag a slide only to spot.

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2 years ago

James has a marginal tax rate of 24%. He suddenly realizes that he neglected to include a $7,000 tax deduction. How will this ov

Alex17521 [72]

Answer:

hmhgdmthde

Explanation:

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3 years ago

Adcock Company issued $600,000, 9%, 20-year bonds on January 1, 2020, at 103. Interest is payable annually on January 1. Adcock

FromTheMoon [43]

Answer: Please find answers in explanation column.

Explanation:

a. Journal to record The issuance of the bond

Date Account Titles Debit Credit

Jan. 1 Cash $618,000

9% Bonds payable $600,000

Premium on Bonds payable $18,000

Calculation

Cash = 600,000 x 103% =$618,000

b. The accrual of interest and the premium amortization on December 31, 2020

Date Account Titles Debit Credit

Dec. 31 Interest expense $53,100

Premium on Bonds payable $900

Interest payable $54,000

Calculation

Interest = 600,000 x 9% = $54,000

Premium on bonds = 18,000 /20 = $900

Interest expense=$54,000- $900=$53,100

c.Journal to record The payment of interest on January 1, 2021. Date Account Titles Debit Credit

Jan. 1 Interest payable 54000

Cash 54000

d) Journal to record The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded.

Date Account Titles and Explanation Debit Credit

Jan. 1, 2 Bonds payable $600,000

Cash $600,000

5 0

3 years ago

Which business is exempt from using the accrual basis for accounting? A clothing manufacturer that has average gross annual rece

AnnZ [28]

Answer:

A home improvement store that just began business last year and had $2.7 million in gross receipts.

Explanation:

The IRS allows only a limited number of businesses to use cash basis accounting and in order to do so, the business must be:

Partnership or C corporation with less than $5 million in total sales revenue per year
Sole proprietorship or S corporation with less than $1 million in total sales revenue
Cannot be a publicly traded corporation
Personal service businesses with more than 95% of revenue specifically related to services.
Family owned farms with total annual sales revenue less than $25 million.

3 0

2 years ago