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2 years ago

Which term describes assets generated through operations that have been reinvested into the business?.

1 answer:

3 0

Retained earnings is the term that describes assets generated through operations that have been reinvested into the business.

<h3>What is retained earnings?</h3>

This occurs when a company decides that they would reinvest the profit that they have made from a business back into the business.

It is a portion of the cumulative profit that has been made by the business. They have retained this in order to make use of it in the same business in the future.

Read more on retained earnings here:

brainly.com/question/25631040

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Suppose that, in an attempt to raise more revenue, Anywhere State University increases its tuition. Will this necessarily result

Akimi4 [234]

Answer:

1. That will not necessarily result in more revenue because it depends on the price elasticity of demand for the schools tuition fees

Explanation:

Suppose that, in an attempt to raise more revenue, Anywhere State University increases its tuition.

1. That will not necessarily result in more revenue because it depends on the price elasticity of demand for the schools tuition fees

2. Under the conditions that price is in-elastic, revenue will rise,

Under the conditions that price is elastic, revenue will fall,

Depending on the mix of reaction, if there is a 50% elasticity and 50% in-elasticity, revenue may remain the same.

3. Explain this process, focusing on the relationship between the increased revenue from students enrolling at ASU despite the higher tuition

This would mean that schooling at ASU has an inelastic demand as earlier stated.

4. Explain the process of lost revenue from possible lower enrollment.

This would mean that schooling at ASU has an elastic demand as earlier stated.

5. If the true price elasticity were -1.1, what would you suggest the university do to expand revenue?

Above unitary elasticity implies that the demand for the school is very elastic i.e. revenue will fall with increase in tuition fees

6. If I were the president of ASU, I would tackle this problem based on what I have learned about price elasticity by reducing tuition fees a little to increase revenue much more since the price elasticity is above 1.

6 0

3 years ago

Louise McIntyre's monthly gross income is $2,000. Her employer withholds $400 in federal, state, and local income taxes and $160

GREYUIT [131]

Answer:

a) 27.2%

b) No

Explanation:

Given:

Monthly gross income = $2,000

Federal, state, and local income taxes = $400

Social Security taxes per month = $160

IRA per month = $80

Monthly credit payments for Visa, = $35

Monthly credit payments for MasterCard, = $30

Monthly credit payments for Discover cards = $20

Automobile loan payment = $285

Now,

Net income of Louise = Gross income - Total Taxes - IRA

= $2,000 - ( $400 + $160 ) - $80

= $1,360

Total debt payments = Credit card payments + Automobile loan payment

= ( $35 + $30 + $20 ) + $285

= $370

Therefore,

Debt payments-to-income ratio = $\frac{\textup{Debt payments}}{\textup{Net income
}}$

= $\frac{\textup{370}}{\textup{1,360}}$

= 0.272

= 0.272 × 100% = 27.2%

(b) An individual should not spend more than 20% of their net income as debt to be within the means.

Since, the debt payments-to-income ratio exceeds 20 percent of her net income.

Hence, Louise is not living within her means

6 0

4 years ago

How do the internet standards allow for greater commerce? what potential problems could we have if we did not have the ieee?

REY [17]

The Internet standards allow for greater commerce because it helps guide the information and commerce paths as they grow and as we move more and more toward digital operations. If we didn’t have the IEEE or their standards we would have utter chaos when it comes to technology and the level of digital communication and use that we have today on such a coordinated scale simply wouldn’t be possible. It would be like trying to pour water down a platform into a cup a distance away (symbol of worldwide digital coordination). The water can go anywhere it wants to within these guidelines and in the end we end up with water in the glass (i.e. worldwide digital coordination). This allows for an exponential growth in technology worldwide.

8 0

3 years ago

An economy has an aggregate demand shortfall of $1200 billion and a GDP gap of $900 billion. The mpc is 2/3. The appropriate fis

Vadim26 [7]

Answer:

Change in government expenditure needed = 300

Explanation:

Multiplier 'k' = Change in Income / Change in Govt. expenditure = dY / d GE = 1 / ( 1-MPC )

Desired change in Y, ie GDP = 900 billion , MPC = 2 / 3.

k = 1 / ( 1 - 2/3 ) = 1 / ( 1/3 ) = 3

3 = 900 / d GE

d GE = 900 / 3 = 300

Change in government expenditure = 300

5 0

3 years ago

GenÃ¨ve is a member of the board of directors and the chief financial officer of the corporation. Under the duty of care that sh

loris [4]

Answer:

The correct answer is c."oversee every aspect of the business, including such things as ordering merchandise and arranging for janitorial services."

Explanation:

The chief financial officer is the person in charge of the financial administration of the organization, their tasks are focused on planning, implementing and analyzing the financial information of the company. Therefore, a chief financial officer like Genevieve does not get involved in activities such as ordering merchandise and arranging for janitorial services.

3 0

3 years ago