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3 years ago

Identify the three ranges of Aggregate Supply curve. Explain the impact of an increase in the AD curve in each segment.

1 answer:

8 0

It should be noted that the three range of the aggregate supply curve will be the Keynesian, intermediate, and the Classical range.

The aggregate supply curve simply means the quantity of real gross domestic product that is supplied by an economy at different price levels.

The three ranges of the aggregate supply curve are the Keynesian, intermediate, and Classical ranges. In the Classical range, the economy is producing at full employment.

Typically, an increase in aggregate demand (AD) will lead to a rise in the price of the goods that are supplied.

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Additional data: 1. Dividends declared and paid were $25,400. 2. During the year, equipment was sold for $8,700 cash. This equip

Alja [10]

Answer:

Preparation of Cash flow statement is below:-

Explanation:

Please find the full information of question

The following are the financial statements of Nosker Company. NOSKER COMPANY Comparative Balance Sheets December 31 Assets 2017 2016 Cash $36,400 $19,600 Accounts receivable 33,000 19,200 Inventory 31,000 20,400 Equipment 59,400 77,600 Accumulated depreciation—equipment (29,800 ) (23,700 ) Total $130,000 $113,100 Liabilities and Stockholders’ Equity Accounts payable $28,700 $ 16,100 Income taxes payable 7,100 8,000 Bonds payable 26,300 32,500 Common stock 18,200 13,600 Retained earnings 49,700 42,900 Total $130,000 $113,100 NOSKER COMPANY Income Statement For the Year Ended December 31, 2017 Sales revenue $242,100 Cost of goods sold 175,500 Gross profit 66,600 Operating expenses 23,900 Income from operations 42,700 Interest expense 2,400 Income before income taxes 40,300 Income tax expense 8,100 Net income $32,200. Prepare a statement of cash flows for Nosker Company using the direct method.

Nosker Company

Statement of cash flow

For the year ended 31 December, 2017

Cash flow from operating activities

Receipt from customers $228,300

($242,100 - $13,800)

Less Cash payment

Suppliers $173,500

($175,500 + $10,600 - $12,600)

Operating expenses $8,300

(23,900 - $15,600)

Income tax expenses $900

($8,100 + $900)

Interest expenses $35,100

Cash flow from investing activities

Sale of equipment $8,700

Net cash provided by Investing activities $8,700

Cash flow from financing activities

Issuance of company stock $4,600

Less: Land Redemption $6,200

Less: Payment of cash dividend $25,400

Net cash used by financing activities $27,000

Net Increase in cash $16,800

Beginning cash $19,600

Cash at end of period $36,400

7 0

3 years ago

Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases.

AysviL [449]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The statement "<span>Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases. " is true </span>

7 0

3 years ago

This year, Callie and Neil formed the equally owned CN partnership. Callie contributed $300,000 of cash and Neil contributed rea

Nitella [24]

Answer:

1. a. Callie =$375,000

b. Neil $25,000

2. Equal

Explanation:

The computation of given question is shown below:-

1. Adjusted Callie contribution = $300,000

Neil contribution = $100,000 × 50%

= $75,000

Callie basis in partnership interest after the formation = $300,000 + $75,000

= $375,000

Adjusted Neil contribution = $100,000

Neil contribution = $100,000 × 50%

= $75,000

Neil basis in partnership interest after the formation = $375,000 - $75,000

= $25,000

2. Equal or in Profit-Loss Sharing Ratio

In the profit - loss sharing ratio or equal when debt is allocated between the two partners

6 0

4 years ago

Malone Imports stock should return 12 percent in a boom, 10 percent in a normal economy, and 2 percent in a recession. The proba

Rufina [12.5K]

Answer:

6.11%

Explanation:

For computing the variance, first we have to determine the expected return which is shown below:

= (Expected return of the boom × weightage of boom) + (expected return of the normal economy × weightage of normal economy) + (expected return of the recession × weightage of recession)

= (12% × 5%) + (10% × 85%) + (2% × 10%)

= 0.6% + 8.5% + 0.2%

= 9.30%

Now the variance would equal to the

= Weightage × (Return - Expected Return) ^2

For boom:

= 5% × (12% - 9.3%) ^2

= 0.3645

For normal economy:

= 85% × (10% - 9.3%) ^2

= 0.4165

For recession:

= 10% × (2% - 9.3%) ^2

= 5.329

So, the total variance would be

= 0.3645 + 0.4165 + 5.329

= 6.11%

4 0

3 years ago

A government's Statement of Revenues, Expenditures, and Changes in Fund Balances reported proceeds of bonds in the amount of $2,

vesna_86 [32]

Answer:

The reconciliation from the governmental funds' changes in fund balances to the governmental activities change in net position would reflect a decrease of 1,500,000 as the payments.

Explanation:

The change in net position = Amount of bond proceeds - Amount of bond principal.

The change in net position = $2,000,000 - $500,000 = 1,500,000

There would be a decrease of 1,500,000 as the payments.

The reconciliation from the governmental funds' changes in fund balances to the governmental activities change in net position would reflect a decrease of 1,500,000 as the payments.

6 0

3 years ago