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Viktor [21]
3 years ago
9

The most important determinant of consumption and saving is the

Business
1 answer:
elena-s [515]3 years ago
6 0

Answer:

So, the most important determinant of consumption and saving is the income level.

Explanation:

:)

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Consider the adjustment process at the end of the accounting period. 1. Record the adjusting entries in the journal. 2. Prepare
dimulka [17.4K]

Answer:

3, 1, 4, 2

Explanation:

The adjustment are required so that any change in any account would be recorded in the books of accounts

The steps to record the adjustments is as follows

3. Determine the accounts requiring adjustment, using the unadjusted trial balance. Like supplies, insurance, rent, etc

1. Record the adjusting entries in the journal.  Like supplies, insurance, rent, etc

For example, the adjusting entry for supplies account is

Supplies expense A/c Dr XXXXX

     To Supplies A/c XXXXX

(Being the supplies expense is recorded)

4. Post the adjusting entries to the general ledger.

2. Prepare an adjusted trial balance to check the equality of the debits and credits. It includes all the adjusting entries that are recorded and the trial is always matched.

6 0
3 years ago
Nicki paid $900 for a camera that she thought was worth $1100 for all the features included in it. for the consumer electronics
FinnZ [79.3K]

Consumer surplus is difference between the amount that consumers are willing and able to pay for a good or service

In this case, Nicki is willing to pay $1,100 for the camera, but she is only asked to pay 900. So Nicki has a consumer surplus of $200

7 0
3 years ago
Baxter Inc. has a target capital structure of 30% debt, 15% preferred stock, and 55% common equity. The company's after-tax cost
VashaNatasha [74]

Answer:

B)  WACC 12.00000%

Explanation:

WACC = K_e(\frac{E}{E+P+D}) + K_p(\frac{P}{E+P+D}) + K_d(1-t)(\frac{D}{E+P+D})

Ke 0.15 (we are asked for the WACC if retained earnings are used, so we ould assing RE rate

Equity weight 0.55

Kp 0.11

Preferred Weight  0.2

Kd(1-t) (after-tax debt) 0.07

Debt Weight 0.3

WACC = 0.15(0.55) + 0.11(0.15) + 0.07(0.3)

WACC 12.00000%

4 0
3 years ago
"Alou Company has 20,000 beginning finished goods units. Budgeted sales units are 160,000. If management desires 15,000 ending f
Softa [21]

Answer:

155,000

Explanation:

The computation of the required units of production is shown below:-

Required units of production = Sales units + Ending finished goods - Beginning finished goods

= 160,000 units + 15,000 units - 20,000  units

= 155,000

Therefore for computing the required units of production we simply applied the above formula.

8 0
3 years ago
Ending finished goods inventory selling expenses administrative expenses what is the gross profit?
Aleksandr-060686 [28]

Gross Profit = Revenue - Cost of Goods Sold is the formula for calculating gross profit.

<h3>What is Gross profit?</h3>

Gross profit is the amount of money your company makes after paying its expenses. Your net profit is your earnings after all expenses have been paid. The money that remains after an organization has paid for the products and services it sold is known as gross profit. The amount that is left over after all costs and taxes have been paid is the company's net profit.

The profit a company makes after deducting all of the expenses involved to producing and offering its goods or services is known as gross profit. The cost of goods sold (COGS) is subtracted from your total sales to determine gross profit.

To learn more about Gross profit from the given link:

brainly.com/question/18567528

#SPJ4

3 0
2 years ago
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