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3 years ago

Which action would a government most likely take to reduce its unemployment rate?

Business

2 answers:

ss7ja [257]3 years ago

6 0

A because if you increase taxes people won’t want t to work

g100num [7]3 years ago

6 0

Answer: C. Use tax money to hire workers for government projects

Explanation: Just answered this correctly

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Exercise 183 Wayne Company reported net income of $265,000 for 2020. Wayne also reported depreciation expense of $45,000 and a l

Cerrena [4.2K]

Answer:

Net cash flow of the operating activities is $356,000

Explanation:

Wayne Company

Partial statement of Cash flow

For the year Ended December 31, 2021

Cash flow from operating activities:

Net Income $265,000

Adjustment to reconcile net income to net

cash provided by operating activities

Depreciation expenses $45,000

Loss on sale of equipment $8,000

Decrease in accounts receivable $15,000

Decrease in prepaid expenses $6,000

Increase in accounts payable $17,000 $91,000

Net cash provided by operating activities $356,000

7 0

3 years ago

Starling Co. manufactures one product with a selling price of $18 and variable cost of $12. Starling’s total annual fixed costs

nikitadnepr [17]

The number of units that Starling Co. sold was 11200

Explanation:

Given -

Operating income = $28,800

Fixed cost = $38,400

Selling price of one unit = $12

Variable cost = $12

Number of units sold, n = ?

Contribution margin per unit = $18 - $12

= $6

$n = \frac{operating income + fixed cost}{contribution margin per unit}$

$n = \frac{28800 + 38400}{6} \\\\n = \frac{67200}{6} \\\\n = 11200$

Therefore, number of units that Starling Co. sold was 11200

7 0

3 years ago

Item 1Item 1 Thomas invests $109 in an account that pays 6 percent simple interest. How much money will Thomas have at the end o

olga nikolaevna [1]

Answer:

Total amount at the end of 4 years = $135.16

Explanation:

A simple interest account pays interest on only the sum deposited at an annual rate for a specified period of time without compounding or adding the interest earned in a particular period in the calculation of interest earning for the next period. Thus, if 1000 is invested and interest s earned at 10% then the interest earned will remain constant for every period the money is still deposited in the account.

The formula to calculate interest under simple interest method is,

Interest = Principal * Annual Rate * Time in years

Total Interest earned = 109 * 6% * 4

Total interest earned = 26.16

Total amount at the end of 4 years = Principal + Interest

Total amount at the end of 4 years = 109 + 26.16

Total amount at the end of 4 years = $135.16

5 0

3 years ago

A building is acquired on January 1, at a cost of $980,000 with an estimated useful life of 10 years and salvage value of $88,20

harina [27]

Answer:

Year 1 = $196,000

Year 2= $156,800

Year 3= $125,440

Explanation:

Double-declining-balance rate = 100% / 10 years x 2 = 20%. Computation of annual depreciation expense are as follows;

Year 1

$980,000 x 20 % = $196,000

Net book value

$980,000 - $196,000 = $784,000 (to be used as base for year 2)

Year 2

$784,000 x 20% = $156,800

Net book value

$784,000 - 156,800 = $627,200

Year 3

$627,200 x 20% = $125,440

Net book value

$627,200 - $125,440 = $501,760

*Salvage value is ignored in computing the yearly depreciation expense under double-declining-balance method. The reason of it is that, it will take longer to depreciate an asset compare to it’s useful life if we deduct salvage value from original cost in depreciating an asset.

3 0

3 years ago

Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Selected Year-End Balanc

NemiM [27]

Answer:

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net loss -$16,000

Adjustment made:

Add : Depreciation expense $14,600

Add: Decrease in accounts receivable $24,000

Add: Increase in salaries payable $18,000

Less: Decrease in accrued liabilities -$8,000

Total of Adjustments $48,600

Net Cash flow from Operating activities $32,600

4 0

3 years ago