The following are the typical classifications used in a balance sheet:

A neoclassical policy to address unemployment is likely to:

wariber [46]

The policy is likely to try to reduce the natural rate of unemployment.
neoclassical policy tend to be designed in order to reduce the rate of inflation.
If inflation rate is low, Companies will afford to obtain more value from their profit, giving the capabilities to hire more employees.
Assuming that they manage to maintain the inflation stability, this type of policy will create Economic growth for the country in the long run.

3 0

3 years ago

The demand for resources that comes from the demand for the goods and services produced by those resources is called:_______.

Law Incorporation [45]

Answer:

Derived demand

Explanation:

Derived demand describes the demand for a commodity resulting from the demand from another item produced using the commodity. It is an indirect demand in that the commodity itself may not be demanded in itself, but its demand is necessitated by an item produced from it which is highly demanded.

6 0

4 years ago

Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 405,000 Beginning m

skelet666 [1.2K]

Missing information:

Fixed administrative expense $ 16,200 Variable selling expense $ 20,250 Variable administrative expense $ ? Contribution margin $ 81,000 Net operating income $ 24,300

1. Prepare a contribution format income statement.

2. Prepare a traditional format income statement.

3. Calculate the selling price per unit.

4. Calculate the variable cost per unit.

5. Calculate the contribution margin per unit.

Answer:

First we must determine cost of goods sold = $27,000 + $270,000 - $13,500 = $283,500

now we must find total variable costs = total sales - contribution margin = $405,00 - $81,000 = $324,000

variable administrative expenses = total variable costs - COGS - variable selling expense = $324,000 - $283,500 - $20,250 = $20,250

1. Prepare a contribution format income statement.

Total sales $405,000

Cost of goods sold $283,500

Gross contribution margin $121,500

Variable selling expense $20,250

Variable adm. expense $20,250

Contribution margin $81,000

Fixed period expenses:

Fixed selling expense $40,500
Fixed administrative expense $16,200

Net operating income $24,300

2. Prepare a traditional format income statement.

Total sales $405,000

Cost of goods sold $283,500

Gross profit $121,500

Operating expenses:

Selling expenses $60,750

Adm. expenses $36,450

Net operating income $24,300

3. Calculate the selling price per unit.

$405

4. Calculate the variable cost per unit.

$324

5. Calculate the contribution margin per unit.

$81

5 0

4 years ago

CULLUMBER COMPANY

belka [17]

Answer:

Realidades 2 WKBK page 109

Explanation:

Realidades 2 WKBK page 109

3 0

3 years ago

P Company sold merchandise costing $240,000 to S Company (90% owned) for $300,000. At the end of the current year, one-third of

Ganezh [65]

Answer:

Inter-company profit eliminated = $12,000

Explanation:

Given:

Value of inventory = $300,000

Cost of inventory = $240,000

Computation of Profit recognized on sale profit

Profit recognized on sale = Value of inventory - Cost of inventory

Profit recognized on sale = $300,000 - $240,000

Profit recognized on sale = $60,000

Computation of Profit margin:

Profit margin = [60000/300000]×100 = 20%

Profit margin = 20% = 0.20

Computation of closing Inventory :

Closing Inventory = $300,000 (1/3)

Closing Inventory = $100,000

Profit during the year = $ 92,000

Value of inventory = $100,000 (1-0.20)= $80,000

Inter-company profit eliminated= $92,000 - $80,000 = $12,000

5 0

3 years ago