Answer: $7200
Explanation:
From the question, we are informed that On January 2, 2020, Howdy Doody Corporation bought 12% of Ranger Corporation's common stock for $50,000.
We are further told that during 2020, Ranger declared and paid a dividend of $60,000 and that on December 31, 2020, the fair value of the Ranger stock owned by Howdy Doody had increased to $70,000.
The amount that Howdy Doody show in the 2021 income statement as income from this investment will be:
= $60,000 × 12%
= $60,000 × 0.12
= $7,200
1John Maynard Keynes (1882-1946)
2Friedrich August von Hayek (1899-1992)
3Milton Friedman (1912-2006)
Answer:
c. Changes in government expenditures and taxation to achieve particular economic goals.
Explanation:
Fiscal policy is the government tool by which the government alters its spending and the taxation to influence the aggregate demand in the economy.
An expansionary fiscal policy involves means to increase aggregate demand and can include increased government spending and lower taxes. A contractionary monetary policy is used when the government aims to reduce the aggregate demand and thus can either reduce its spending or raise taxes.
Money supply is influenced by monetary policy and other options are wrong and irrelevant to the fiscal policy definition.
Hope that helps.
Answer:
A. Brand extension
Explanation:
Brand extension- an instance of using an established brand name or trademark on new products, so as to increase sales.
This is what the text explains that Jake is doing.
