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saw5 [17]
2 years ago
14

The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not bala

nce its budget but instead have budget DEFICITS during
Business
1 answer:
shepuryov [24]2 years ago
4 0

The period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS was during:

  • <u>D. Economic recessions.</u>

According to the given question, we are asked to show the period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS.

As a result, we can see that Keynes, one of the fathers of economics stated that it was <em>important</em> for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.

Therefore, the correct answer is option D

Read more about Keynesian Economics here:

brainly.com/question/14223529

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Mandolin produced 70,000 units and sold 50,000 units. Their unit selling price is $20 and they have variable unit production cos
katovenus [111]

Answer:

Explanation:

The computation of the net income under variable costing is presented below:

Sales (50,000 × $20) $1,000,000

Less: Variable production cost (70,000 × $10) -$700,000

Cost of goods available for sale  $700,000

Less: Ending inventory (20,000 × $10)   -$200,000

Cost of goods sold  -$500,000

Gross contribution margin $500,000

Less: Variable Selling and administrative expenses (50,000 × 3) $150,000

Contribution margin $350,000

Less: Fixed overhead $10,000

Net income $40,000

5 0
4 years ago
When people reply to formal job announcements, they are writing a(n) ______ cover letter since it is for an open position that a
Zarrin [17]
The choices were; a. informal, b. chronological, c. serialized, d.conversational, e. solicited.

The answer is, e. solicited. 
A solicited letter is written by the job hunter to the employer. It indicates the kind of working position the job hunter is applying for and also how she/he had learned there is a job opening in that position. 

The employer gets a specific idea on the job hunter's intention and also learn that the ads or announcement reached them.
8 0
3 years ago
On December 31, there were 56 units remaining in ending inventory. These 56 units consisted of 8 from January, 10 from February,
andreyandreev [35.5K]

Answer:

$1120

Explanation:

Units in ending inventory = 28 + 23+ 33 - 56 = 28 units

Inventory turnover = 22021 / 2665 = 8.26

Inventory value = 28*40 = 1120

Inventory = =22*130+24*140+26*150+24*160+30*170 = 19060

3 0
3 years ago
Holthausen Corporation issued $400,000 of 11%, 20-year bonds at 108 on January 1, 2013. Interest is payable semiannually on June
lora16 [44]

Answer:

Journal Entries

Explanation:

The journal entries are as follows

1. Cash $432,000

        To Bonds payable $400,000

        To Premium on bond payable $32,000

(Being the issuance of the bond is recorded)

The premium on bond payable is computed below:

= $400,000 ÷ $100 × $8

= $32,000

The $8 comes from $108 - $100

2. Bond payable     $400,000

  Premium on bond payable $27,809

             To Cash    $412,000         ($400,000 × 103%)

             To Gain on bond redemption  $15,809       ($432,000 - $4,191 - $412,000)

(Being the retirement of the bond is recorded)

3 0
4 years ago
Which advantages of small business helped mary ellen sheets establish and grow two men and a truck? 2. which disadvantages of sm
Lana71 [14]

<u>Solution:</u>

1. Two men and a truck have an advantage of making their workers comply with the Grandma Law, which demonstrates respect and compassion for their clients. It welcomed new buyers, retained the faithfulness of current customers and made the company's own identity distinctive. The freedom of Two People and a Truck was another plus.

Two men and a truck were using the unsegmented approach to the market that many small companies have to or plan to do. This was based in its business or division on any consumer.

The marketing technique used was the conventional and modern internet and social media marketing method, PR&D and the news media.

2.  A) a lack of venture value: because they were a very small enterprise that used to carry their operations out, most customers had lost confidence or a value in their funding, believing their concept of selling franchises was not a successful one.

b) Failure to have sufficient funding: Originally, as this business started to expand rapidly, it emerged as a money-making workplace; a big concern was the shortage of investment resources.

Suggestions for addressing this were: using alternate funding strategies such as retained profits, bank loans, and so on.

3.  Two men and a truck should sell concessions outside North America. That is a smart idea. It is because since developing the organization, it is clear that it knows its strong fields, which it will use to develop a stable presence on the world market, with some 300 franchises in North America. Furthermore, this packaging and shipping company's business model is something essential and recognizable in the world.

Global franchises are more likely to question the organization if it is willing to adapt or deviate its strategies in order to suit the consumer market in a different country with a particular philosophy from the North American community, its corporate social management programs, its goals and its organizational ethics.

8 0
3 years ago
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