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3 years ago

If the economy is at potential output, and the Fed _ the money supply, in the long run, the price level will likely _.

Business

1 answer:

serg [7]3 years ago

4 0

Answer:

If the economy is at the potential output and the Fed increases the money supply, in the long run real GDP will likely remain the same.

Explanation:

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During Year 1, Ashkar Company ordered a machine on January 1 at an invoice price of $24,000. On the date of delivery, January 2,

oksian1 [2.3K]

Answer:

Explanation:

January 1 Assets - no effect; Liabilities - no effect; Stockholder's equity - no effect

January 2 Assets: Cash -$8000; Equipment + $24000

Liabilities: Short term note payable +$16000

January 3 Assets: Cash -$700; Equipment +$700

January 5 Assets: Cash -$2500; Equipment +$2500

July 1 Assets: Cash -$16720; Liabilities: Short term note payable - $16,000

Stockholders equity - $720

*(24,000-8,000)*0.09*6/12 = $720

2. Acquisition cost of the machine:

Cash paid $8,000

Note payable with supplier $16,000

Freight costs $700

Installation costs $2,500

Acquisition cost $27,200

3. Depreciation(2013) = ($27,200 - residual value of $3,200) *1/10= $24,000/10 = $2400

5. Equipment cost = $27,200

Less: Depreciation [$2400*2] $4800

net book value of the machine at the end of 2014 $22,400

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3 years ago

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Using government regulations to limit the import of goods and services is called

zimovet [89]

Answer:

protectionism

Explanation:

The country could overtax import products such as manufactured products in order to protect its own products and industries. This is very common in trade markets. Nowadays, through the globalization and China´s high development protectionism is ending.

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3 years ago

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As a shareholder in Titanic Shipping, Inc., James Blue is one of the many actual owners. In case of the bankruptcy of the corpor

Alekssandra [29.7K]

As a shareholder in Titanic Shipping, Inc., James Blue is one of the many actual owners. In case of the bankruptcy of the corporation, his liability would be limited to the amount of his investment.

<h3>What shareholder means?</h3>

Any individual, business, or organization that has stock in a corporation is a shareholder.
A shareholder of a firm may own just one share. As residual claimants on a company's profits, shareholders may be subject to capital gains (or losses) and/or dividend payments.

<h3>What is shareholder and example?</h3>

The definition of a shareholder is a person who owns shares in a company.
Someone who owns stock in Apple is an example of a shareholder noun.
A person who owns one or more shares of stock in a joint-stock company or a corporation.

<h3>What is the purpose of a shareholder?</h3>

The shareholders are the company's owners and give financial support in exchange for prospective dividends paid out over the course of the business.
There are three ways for an individual or business to become a shareholder in a company by adhering to the company's memorandum at the time of incorporation.

Learn more about shareholders here:

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1 year ago

On January 1, Year 1, the Hoverman Corporation made amendments to its defined benefit pension plan, resulting in $150,000 of pas

Lapatulllka [165]

Answer:

Check the explanation

Explanation:

In IFRS according to IAS 19 all past service cost is recognized in the net income in the period in which amendment (change) is made by entity for defined benefit pension, it does not matter what is the status of the employees who will benefit the change. So in Year 1 $150000 will be expended completely and in subsequent years the amount is $0

Year 1 =$150000

Subsequent years= $0

b) In US GAAP the past service cost is recorded in Accumulated other comprehensive income in the year of amendment. It is amortized over the future working life of the participants.

Year 1 is year of adoption hence $0 is amortized because $150000 is included in Accumulated other comprehensive income.

Subsequent years: (150000/10=15000) $15000 will be amortized for each year for 10 years.

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3 years ago

Who founded crypto currency in the world

ohaa [14]

Answer:

☁︎Satoshi Nakamoto's☁︎

Explanation:

Two months later, a paper entitled 'Bitcoin: A Peer-to-Peer Electronic Cash System' was passed around a cryptography mailing list. The paper is the first instance of the mysterious figure, Satoshi Nakamoto's appearance on the web, and permanently links the name "Satoshi Nakamoto" to the cryptocurrency.

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3 years ago

If the economy is at potential output, and the Fed _____ the money supply, in the long run, the price level will likely _____.

If the economy is at potential output, and the Fed _ the money supply, in the long run, the price level will likely _.