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Varvara68 [4.7K]

2 years ago

9

If disposable income increases by $5 billion and consumer spending increases by $4 billion, the marginal propensity to consume i

s equal to:

2 answers:

Ahat [919]2 years ago

8 0

0.8.

hope this helps :)

miss Akunina [59]2 years ago

7 0

Answer: 0.8.

Explanation: um hm.

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Q 6.26: Early in 2022, Baker Company switched to a JIT (just-in-time) inventory system. Financial information for the two most r

kipiarov [429]

Answer:

Incomplete question.

Explanation:

Now that using different inventory systems would result in a different value of the inventory.

For example, the JIT (just in time) system implies that the company request inventory just in time when they are needed for production or supply. It therefore means that the value of their inventory level using this method should be lesser, since Baker Company would only receive inventory of what it wants to utilize immediately.

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2 years ago

The new ASC Topic 606 for revenue recognition:

denpristay [2]

Answer:

addresses when and how revenue should be recognized in contracts that provide both goods and service to customers.

Explanation:

ASC 606 is a new standard that provides guidance on revenue recognition to the companies that provide goods and services to its customers. This standard is for both public and private entities. Earlier there were some variations in the revenue recognition process across different companies. The new standard has now simplified standardization in financial reporting.

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3 years ago

The Reingold Hat Company uses the allowance method to account for bad debts. During 2018, the company recorded $800,000 in credi

olasank [31]

Answer:

$24,000

Explanation:

Since in the question it is given that the 3% of credit sales is considered to be a bad debt expense

where,

Credit sales is $800,000

And, the estimated percentage is 3%

So by considering this above information, the amount debited to bad debt expense is

= $800,000 × 3%

= $24,000

All the other information i.e to be given is not relevant. Hence, ignored it

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3 years ago

4. when the total expenses are greater than the total revenues, (a) the income summary account has a credit balance. (b) the inc

irina [24]

When the total expenses are greater than the total revenues, then the income summary account has a debit balance.

An income summary account is a temporary account in which the revenue and expenses closing entries are entered to find out the profit or loss.

In the income summary account, all the revenue account closing entries are credited, and all the expenses closing entries are on the debit side.

Thus, if the credit balance is more than the debit balance, it shows the profit and if the debit balance is more than the credit balance, it shows the loss.

Learn more about "Income summary":

brainly.com/question/9122916

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9 months ago

I have been working on a Elementary Spanish 1 assignment for about 30 minutes, and I am now stuck. Can you please help me with t

Leya [2.2K]

These are OK

1. ¿Cuántos estudiantes hablan español?

Veinte estudiantes hablan español.

2. ¿A qué hora es la clase de sociología?

La clase es a las cinco

4. ¿Qué cursos tomas?

Estoy tomando historía, español, y arte

Now these need correction:

3. ¿Trabajas ustedes mañana? <em>This is common, "ustedes" is plural "you" , singular "you" is "tu", and when the verb is conjugated there is no need of the personal pronoun, a correct version of this question would be "¿Trabajas mañana?</em>

No, no trabajas mañana. Trabaja sábado. <em>"trabajas" is conjugated in second person, you should answer in first person "No, no trabajo mañana, trabajo el sabado"</em>

5. ¿Estudias? <em>I dont know what you mean by this, in english is: "study?" if you are asking "are you studying for you examns?" or something like that it would be "¿estas estudiando?"</em>

¿Estudias...?? <em>And the answer would be "Si,estoy estudiando mucho" - "Yes, I'm studying hard"</em>

<em>7. ¿</em>Hay? <em>The same as before this means "is there...?" you might ask "is there a coffee shop in campus?" and in spanish "hay cafeterias en el campus?"</em>

¿Hay....???? <em>And the answer here is "yes, there are" => "si, hay"</em>

<em>8. ¿</em>Dónde está? <em>Where is...? is this question, you might ask "where is the coffee shop?", "donde está la cafeteria?"</em>

¿Donde esta???? "<em>La cafeteria esta en la esquina" => "The coffee shop is the corner"</em>

4 0

2 years ago