1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olegator [25]
3 years ago
12

Determine if each of the following plans are short term, long term, or operational.

Business
1 answer:
labwork [276]3 years ago
6 0

Answer:

1.B. Long Term

2.A. Short Term

3.B. Long Term

Explanation:

You might be interested in
Which of the following are criteria for determining whether to record an asset as a fixed asset?
valentinak56 [21]

Answer:

must be long lived and used by the company in its normal operations

Explanation:

An assets is something that will help the company to generate value.

8 0
3 years ago
The National Income and Product Accounts identity states:__________A) Expenditure  Production  Income.B) Production  Expendit
zaharov [31]

Answer:

I. National Income Accounting:

National income accounts are an accounting framework is useful in measuring economic activity.

A. Three approaches—all produce the same measurement of the production of the economy.

1. product approach: how much output is produced

2. income approach: how much income is created by production

3. Expenditure approach: how much purchasers spend

B. Why all three approaches are the same: Assumes no unsold goods (at this point) then the market values of goods and services produced must equal the amount buyers spend to purchase them (product approach=expenditure approach). What the seller receives (income) must equal what is spent (expenditure).

II. Gross Domestic Product (GDP)

A. GDP vs. GNP

GNP= output produced by domestically owned factors or production. (By our people)

GDP= includes production produced by foreign owed factors of production within the countries border and excludes domestically owned production in foreign countries. (On our soil)

1. GDP = GNP – net factor payment from abroad (NFP)

2. How big is the difference?

B. Product approach: The market value of all final goods and services produced within a nation during a fixed period of time.

1. Market value: allows comparison between different goods. Has some problems – ignores some goods. underground economy, and government services.

2. Final goods and service: Treatment of inventories; Capital goods; Avoids double counting; Value added.

3. New production: Ignores goods produced in previous periods

C. Expenditure approach: Total spending on final goods and services produced within a nation during a specified period of time.

1. Income expenditure identity and four categories of spending: Consumption (C), Investment (I), government purchases of goods and services (G) and net exports (NX)

Y = C + I + C + NX

2. Consumption(C): Spending by domestic households on final goods and services

a. Consumer durable goods: Long lasting goods

b. Nondurable goods used up quickly

c. Services

3. Investment (I): Spending on new capital goods by business

a. Business fixed investment

b. Residential fixed investment

c. Inventory investment: Changes in the amount of unsold goods, goods in progress and new materials

4. Government purchases of goods and services (G):

a. State and local vs. Federal spending

b. Transfers and interest payments on debt are not counted. They are counted in total government expenditure which is not the same as government purchases of goods and services.

5. Net exports (NX): exports minus imports

a. Need to subtract imports since they are counted in C. I and G can add goods produced within the country purchased by foreign interests (exports).

D. Income approach adds up income received by producers, including profits and taxes paid to the government

1. Income generated by production

a. National income =

compensation of employees

+ proprietors income

+ rental income of persons

+ corporate profits

+ net interest

+ taxes on production

+ business transfers

+ surplus of gov enterprises

b. National income + statistical discrepancy = Net National Product (NNP)

Note: This changed a couple years ago. If you have an old addition, you may see the indirect business tax. It is no long used in this equation!

c. NNP + depreciation = GNP

d. GNP – NFP = GDP

2. Income of private sector and government

a. Private disposable income = income of private sector = private sector income earned at home (Y or GDP) and abroad (NFP) + payments from the government sector (transfers TR and interest on debt INT) – taxes paid to government (T) = Y + NFP + TR + INT – T

b. Government net income = T- TR – INT

III. Saving and Wealth

A. Wealth Difference between assets and liabilities

B. Measures of aggregate savings

1. Saving = current income – current spending; saving rate = saving/current income

2. Private saving (Spvt) Spvt = Y + NFP – T + TR + INT – C

3. Government Saving (Sgovt) Sgovt = T – TR- INT – G

a. Government saving = Government budget surplus (deficit = -Sgovt)

4. National Saving= private saving + government saving

S = Spvt + Sgovt = Y + NFP - C – G = GNP - C – G

C. The uses of private saving

1. S = I + (NX + NFP) = I + CA

CA = NX + NFP = current account balance

2. The use of savings identity

Spvt = I – Sgovt + CA

If the budget deficit increases one or a combination of the following happen

1) private saving must rise

2) investment must fall

3) the current account balance must fall

IV. Prices Indexes, Inflation and Interest Rates

A. Nominal vs. Real variables

Nominal Variables – Measures the economic variable in terms of the current market value.

Real Variable—Measure the variable valued at the prices in a base year.

B. Real vs. Nominal: Calculation the differences

Examples Small country only produces base balls and baseball bats

Explanation:

3 0
3 years ago
A market might have an upward-sloping long-run supply curve if:
Elan Coil [88]

Answer:

a. firms have different costs.

Explanation:

A market might have an upward-sloping long-run supply curve if

a. firms have different costs.

b. consumers exercise market power over producers.

c. all factors of production are essentially available in unlimited supply.

d. the entry of new firms into the market has no effect on the cost structure of firms in the market.

6 0
2 years ago
Neon Light Company of Kansas City ships lamps and lighting appliances throughout the country. Ms. Neon has determined that throu
Brilliant_brown [7]

Answer:

a. The amount of dollars will the cash management system free up is $10,220,000

b. The income will be of $1,022,000

Explanation:

a. According to the given data in order to calculate the amount of dollars will the cash management system free up we would have to make the following calculation:

Freed-up fund = $3,200,000 * 3 + $1,240,000 * 1/2

Freed-up fund = $10,220,000

The amount of dollars will the cash management system free up is $10,220,000

b. To calculate the income If Neon Light Company can earn 10 percent per annum on freed-up funds we would have to make the following calculation:

Interest on freed-up cash = $10,220,000 * 10%

Interest on freed-up cash=$1,022,000

The income will be of $1,022,000

7 0
3 years ago
Paula is considering the purchase of a new car. She has narrowed her search to two cars that are equally appealing to her. Car A
wolverine [178]

Answer:

Paula should purchase car B.

Explanation:

If Paula purchases car A, then her total payments will be $22,000 ($458.33 per month).

If instead she purchases car B, she will need to finance $20,200 for 3 years and her monthly payments will be $447.11. Total payments = $447.11 x 48 = $21,461.28.

this is an ordinary annuity and in order to calculate the monthly payment you must:

monthly payment = principal / annuity factor (PV, 0.25%, 48 periods) = $20,200 / 45.17869 = $447.1134511 = $447.11.

6 0
3 years ago
Other questions:
  • If the dollar buys fewer bananas in Guatemala than in Honduras, then traders could make a profit by a. buying bananas in Hondura
    7·2 answers
  • United Plastics Group of Houston, Texas, decided to invest in a foreign country by setting up two independent injection-molding
    11·1 answer
  • Land is purchased for​ $300,000. Back taxes paid by the purchaser were​ $8,500; total costs to demolish an existing building wer
    8·1 answer
  • The difference between a secured loan and unsecured loan is that the secured loan is
    8·2 answers
  • Define Bhutanese company with an example
    6·1 answer
  • Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single pro
    8·1 answer
  • The following events took place for Technology Treasures Manufacturing Company during January, the first month of its operations
    8·1 answer
  • Discuss the characteristics of Labour ​
    13·1 answer
  • Since stocks can be traded online, which purpose is best served by markets?
    11·1 answer
  • The price elasticity of demand measure is generally stated as an absolute value.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!