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2 years ago

What effect would a government budget surplus have on the supply of and demand for loanable funds?

Business

1 answer:

Fed [463]2 years ago

8 0

Answer:

A po

Explanation:

no explanation..............

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In the month of November Marigold Corp. wrote checks in the amount of $43300. In December, checks in the amount of $59239 were w

yanalaym [24]

Answer:

$11,977

Explanation:

The difference between the balance of the total checks written and balance of the total checks presented for withdrawal gives the amount outstanding.

As such, amount of outstanding checks at the end of December is the net of the balance of the checks written in November and December and the balance of the checks presented in the same period.

This is

= $43300 + $59239 - $39630 - $50932

= $11,977

4 0

3 years ago

Read 2 more answers

Kyle works for national sporting goods, where he manages critical data elements, such as identifying and acquiring new data sour

amid [387]

<span>Kyle is a Data Analyst. Data analysts do a variety of tasks involving data including organizing and structuring data for a business, search for patterns among data sets, write reports to help executives make decisions, and analyze data to inform business practices.</span>

8 0

3 years ago

Strait Co. manufactures office furniture. During the most productive month of the year, 3,300 desks were manufactured at a total

Elza [17]

Answer:

Using the high-low method of cost estimation, total fixed costs are $47,020

Explanation:

Cost at highest level of activity = $82,000.00

Cost at Lowest level of activity = $59,000.00

Highest level of activity = 3,300

Lowest Level of activity = 1,130

Variable cost per unit = $(82,000 - 59,000) ÷ (3,300 -1,130)

Variable cost per unit = $23,000 ÷ 2,170

Variable cost per unit = $10.60

Fixed Costs = $82,000 - (3,300 × 10.60)

Fixed Costs = $47,020

6 0

3 years ago

A store has a $179.99 item on sale for 25% off, plus an additional 20% off. What is the percentage of savings off on this item?

Irina-Kira [14]

Answer:

Percentage of savings off=45%

Explanation:

Savings=discount×Original item price

First save=(25/100)×179.99=$44.9975

Additional save=(20/100)×179.99=$35.998

Total savings=(44.9975+35.998)=$80.9955

Percentage of savings=(Total saving/Original price)×100

(80.9955/179.99)×100=45%

8 0

3 years ago

Last year, Mountain Top, Inc., purchased a coal mine at a cost of $900,000. The salvage value has been estimated at $100,000. Th

nydimaria [60]

Answer:

Journal entry to record depletion expense

Depreciation expense $280,000 (debit)

Accumulated depreciation $280,000 (credit)

Explanation:

The coal mine is an economic resource controlled (ownership of risks and benefits) by Last year, Mountain Top, Inc as a result of past event (purchase transaction) from which economic benefits are expected to flow into the business (cash from sale of minerals).Therefore the coal mine is an asset!

The asset is being depleted as it is being used. This is called depreciation.

Depreciation expense in this case is calculated as :

Depreciable Account × Current harvest as a percentage of total estimated tons available

(900000-100000)× 70000/200000 = $280,000

6 0

2 years ago