Answers
Suppose that the money supply is equal to $40 billion and that the velocity of money is 4. If the aggregate price level is 8, then the nominal GDP is $80 billion.
The money supply is the entire amount of money—cash, coins, and bank account balances—in nominal circulation. The money supply is typically understood as a collection of secure assets that individuals, businesses, and governments can use to make payments or hold as short-term investments. This can be used in the quantity equation: money supply times money velocity equals price level times real GDP. Money supply growth rate plus money velocity growth rate equals inflation rate plus output growth rate.
To learn more about money supply, click here.
https://brainly.com/question/28891105
#SPJ4
Related Questions
Choose one of the following scenarios as the basis for your speech. Scenario 1: Imagine that you have been invited to an upper-level management meeting at the company that you work for (currently or one you hope to work for). You are going to deliver a persuasive speech to persuade the management team to either change a policy or add a specific resource to their company budget. or Scenario 2: Imagine that you have been invited to deliver a speech at a town hall meeting. You are going to deliver a persuasive speech to persuade citizens in your community to vote yes toward the allocation of city funds towards a project or cause that you believe will benefit all members of your community. Anyone have ever done this homework ?Need some help , I'm quite bad at this one
Answers
Answer:
Scenario 2:
We have all been members of this community for as long as any of us can remember and this is our home. Our heritage, our gift to future generations.
We need to strive to protect our community and everything that lives in it not just because it is the right thing to do but because posterity will ask us questions if we fail to take action.
The fishes in our sea are now an endangered species right before our very eyes and it is sad that we can do very little or nothing to change that. We do not have a good waste disposal in our community which forces some people to pour their wastes and refuse into the nearby river.
This singular act of ours has polluted the water, we can no longer swim in most parts or fish, for that matter. We all need to sign a petition to the mayor to give us good waste disposal in our community and also to prosecute anyone found dumping waste into the sea.
Signing this petition would benefit every member of this community as we would not only have good water to swim in, but our fishes would be preserved. Our community would be much cleaner with the waste disposal that will be available to us. I urge everyone to append their signature to this petition, thank you very much.
1. Demonstrate understanding of the value of auditing in an economy and theories explaining the demand for auditing;
2. Discuss the role of auditing and other assurance services in society and the public’s expectation for these services.
3. Describe issues associated with the audit of public sector, not-for-profit and small business entities.
4. Critically evaluate the professional, legal, ethical and regulatory framework within which audits and other assurance engagements are carried out,;
5. Discuss current developments in auditing.
6. Audits can be categorized into different types: Like; (1) financial statement audits, (2) compliance audits, (3) operational audits, and (4) forensic audits.
Required: For each of the following descriptions, indicate which type of audit (financial statement audit, compliance audit, operational audit, or forensic audit) best characterizes the nature of the audit being conducted. Also indicate which type of auditor (external auditor, internal auditor, government auditor, or forensic auditor) is likely to perform the audit engagement.
a. Determine the fair presentation of Ajax Chemical’s balance sheet, income statement, and statement of cash flows.
b. Review the payment procedures of the accounts payable department for a large manufacturer.
c. Examine the financial records of a division of a corporation to determine if any accounting irregularities have occurred.
d. Evaluate a company’s computer services department in terms of the efficient and effective use of corporate resources.
e. Audit the partnership tax return of a real estate development company.
f. Investigate the possibility of payroll fraud in a labor union pension fund.
g. Examine contractual agreements with bankers and other lenders to be sure the company is complying with legal requirements
Answers
1. Auditing plays important role by providing assurance and credibility to financial statements which enhances investor confidence and promotes efficient allocation of resources.
Why is auditing important for the economy?Auditing is essential for the economy as it helps maintain trust and confidence in the financial information reported by businesses. By conducting independent assessments of financial statements, auditors provide assurance to stakeholders that the information is reliable and accurate.
This assurance is particularly valuable for investors, creditors, and other parties who rely on financial statements to make informed decisions. Auditing also helps detect and prevent fraud, mismanagement, and other financial irregularities and thereby safeguarding the integrity of the financial system.
2. Auditing and other assurance services play a vital role in society by providing independent evaluations of financial statements and other information enhancing the reliability and credibility of financial reporting.
3. Issues associated with the audit of public sector, not-for-profit, and small business entities include unique reporting requirements, limited resources etc.
4. The professional, legal, ethical, and regulatory framework surrounding audits and assurance engagements should be critically evaluated to ensure independence, competence, integrity, adherence to standards, and the protection of public interest.
Read more about auditing
brainly.com/question/24317218
#SPJ1
Which of the following would the human resource manager be likely to handle? The multiple choice answers are in the picture
Answers
Answer:
B. A dispute between two managers about an employee's responsibilities.
Explanation:
A human resource manager performs a range of functions, some of which may even overlap or cover some functions specially meant for some departments in a company. However, functions just as staffing, recruitment and refining of job rules and responsibilities are solely effectively carried out by a human resource manager.
Therefore, given the above scenarios, a human resource manager would most likely be able to handle "a dispute between two managers about an employee's responsibilities." This is because the human resource manager is more knowledgeable as to what and what is actual required of every employee's role and responsibilities in an organization or company.
Answer:
Answer A is correct
Explanation:
Financial support specialists will meet
with individuals and help determine
which of the following?
A. how many children would be best to have with their
salary
B. how much insurance they need to cover expenses
C. the best type of job for their career
D. what kind of car is most suitable for them
Answers
Financial support specialists will meet with individuals and help determine:
B. how much insurance they need to cover expenses.
What is financial support?Specialists in financial support tend to assist individuals and families in managing their finances including helping to set up budgets, saving money, and making investments. They might work in a variety of places like banks, financial planning companies or nonprofit organizations.
The duties of financial assistance is to help clients in figuring out how much insurance they require to cover their costs in the event of unplanned occurrences.
Therefore the correct option is B.
Learn more about financial support here:https://brainly.com/question/26499492
#SPJ1
which of the following entities would not require accounting information pertaining to their economic activities? multiple choice social clubs not-for-profit entities state governments small businesses
Answers
All of the above require accounting information would not require accounting information pertaining to their economic activities.
An economic activity is what?When resources like labor, manufacturing processes, capital goods, and intermediary items are combined to create a particular good or service, such activity is considered to be economic in nature. A resource input, a manufacturing process, and a product output are thus the characteristics of an economic activity (goods or services).
What justifies the importance of economic activity?In order to run the government, the nation generates income. The creation of jobs, the production of items for domestic use as well as exportation abroad. Economic activity is necessary for a nation to survive.
To know more about economic activity visit:
https://brainly.com/question/1155001
#SPJ4
If Long-term debt to total assets ratio = 0.30 and total liability = $45000 and total assets =
$120000. The Long-term debt equal
Answers
Answer:
C
Explanation:
If Long-term debt to total assets ratio = 0.30 and total liability = $45000 and total assets =
$120000. The Long-term debt equalj
You were hired as a consultant to Kangaroo Corporation, whose target capital structure
is 30% debt, 5% preferred, and 65% common equity. The before-tax cost of debt is
9.55%, the yield on preferred is 8.75%, and the cost of retained earnings is 14.00%.
The tax rate is 35%.
1. What is the company's WACC?
Answers
Answer: 11.4%
Explanation:
The weighted average cost of capital (WACC) is used by companies to calculate their cost of capitsk. It should be noted that a weight is assigned to every category of capital that's utilized.
Sources of capital, such as bonds, common and preferred stock, etc are included when the WACC is being calculated.
The WACC for the company is 11.4%. Check the attachment for more details.
The following figure illustrates the market for a banned substance. Calculate the market price and the quantity consumed if a penalty of
$20
a unit is imposed on a. Sellers only. b. Buyers only. c. Both sellers and buyers.
Answers
The following figure illustrates the market for a banned substance, and if a unit penalty is imposed on sellers, buyers, or both sellers and buyers, then the market price and the quantity consumed can be calculated. To start, a unit penalty on sellers only would mean that the market price would increase and the quantity consumed would decrease. option C is correct
This is because sellers have to now take into account the additional cost of the unit penalty when setting their price, so the price of the banned substance will be higher for buyers. At the same time, buyers are now less likely to buy due to the higher price, leading to a decrease in the quantity consumed.On the other hand, if a unit penalty is imposed on buyers only, then the market price would decrease and the quantity consumed would increase. This is because buyers have to now take into account the additional cost of the unit penalty when deciding how much to buy, so the price of the banned substance will be lower for buyers. At the same time, buyers are now more likely to buy due to the lower price, leading to an increase in the quantity consumed. Finally, if a unit penalty is imposed on both sellers and buyers, then the market price would remain the same, but the quantity consumed would decrease. This is because both sellers and buyers have to now take into account the additional cost of the unit penalty when setting their price and deciding how much to buy, so the price of the banned substance will remain the same. At the same time, both sellers and buyers are now less likely to buy or sell due to the higher cost, leading to a decrease in the quantity consumed. In conclusion, the market price and quantity consumed of a banned substance can be calculated if a unit penalty is imposed on sellers, buyers, or both sellers and buyers.for more such question on quantity
https://brainly.com/question/1978861
#SPJ11
What is a work-study program?
(1 point)
O money given to somebody by an organization to help pay for their education
a type of loan designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living
expenses
O money, i.e., financial assistance, given by a government, organization, or person for a specific purpose
O
a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment
Answers
the work-study program is a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment. option (D)
A federally funded program in the United States that helps students with the costs of post-secondary education is the Federal Work-Study program, formerly known as the College Work-Study Program and commonly referred to as just "Work-study" in the country. An internship or work-study position in your academic area can give you valuable experience and even influence your future career decisions. Work-study is a fantastic way for students to make additional money while enhancing their resumes because many schools provide simple ways to locate jobs that are flexible and accommodating to class schedules. the work-study program is a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment.
Learn more about employment here :
https://brainly.com/question/29603057
#SPJ1
if beginning retained earnings balance is 1800 JD and total revenues is 9800 JD and total expenses 4600 JD and dividends 2100 JD share capital is 12000 JD total liabilities is half 50% the amount of total equity using the accounting equatiu compute total assets
Answers
Answer:
25,350
Explanation:
Equity = share capital + retained earnings
retained earning = beginning retained earning + profits - dividends
1800 +(9800 - 4600)- 2100
=1800 + 5200-2100
=4900
Equity = 12000+ 4900 =16,900
Liabilities = 50% of 16,900
=50/100 x 16,900
=8,450
Assets = Equity + liabilities
Assets= 16,900 + 8,450
Assets=25,350
Answer:
please give me brainiest
Explanation:
Question 2 of 10
Which action is a bank most likely to take when evaluating a loan application
from a person with a low credit score and a poor credit history?
A. Reducing the interest rate to encourage the person to borrow
more
B. Increasing the value of the loan to earn more interest over time
O C. Denying the loan because the person is unlikely to pay it back
O D. Requiring the person to take more than one loan at a time
SUBMIT
PREVIOUS
Answers
Answer:
C is the correct answer
Explanation:
Denying the loan because the person is unlikely to pay it back is a bank most likely to take when evaluating a loan application from a person with a low credit score and a poor credit history.
What is loan application?Borrowers apply for loans via a loan application. Through the loan application, borrowers provide vital financial information to the lender.
The loan application is crucial in determining whether or not the lender will approve your funding or credit request.
Thus, option C is correct.
For more details about loan application, click here
https://brainly.com/question/16053104
#SPJ2
You decide to attend college next fall. List 3 or more opportunity costs and 3 or more opportunity benefits of ading college next fall.
Answers
Answer:
Explanation:
Opportunity Costs for going to college
1. Cost of college tuition
2. Loss of income for getting a job right away instead of going to college
3. Time spend at college could be used of something else such as a hobby
Benefits for going to College
1. Getting a job with a higher salary
2. More job opportunities being available (i.e. jobs that require you be attending college or already have college degree)
3. Life experience you may gain attending college (such as mentoring from professors, joining clubs, etc.)
Some Enron executives were aware of the financial problems the company was facing and yet failed to reveal this information to the public. These actions taken by Enron executives were
a. unethical.
b. in the best interests of the employees.
c. moral.
d. in the best interests of the shareholders.
e. normal
Answers
Some Enron executives were aware of financial problems the company was facing and yet they failed to reveal such information to the public. So these actions taken by Enron executives were unethical.
The unethical conduct in which the Enron was involved was that, Fastow and others at Enron orchestrated a scheme in order to use off-balance-sheet special purpose vehicles (SPVs) in order to hide Enron's mountains of toxic assets and debt from investors and creditors.
As the Enron executives used some fraudulent accounting practices in order to inflate the company's revenues and hide debt in its subsidiaries. This was an unethical conduct, as they were aware of the financial problems the company was facing and yet failed to reveal this information to the public.
Hence, option A is correct.
To learn more about unethical here:
https://brainly.com/question/9740334
#SPJ1
The corporate office of Novartis, formerly Ciba-Geigy, acts to improve many key activities, including resource allocation and reward and evaluation systems. This is an example of creating value by using
Answers
Options:
A. related diversification to achieve value by leveraging pooled negotiating power to attain economies of scope.
B. related diversification to acquire market power by leveraging pooled negotiating power.
C. unrelated diversification to acquire financial synergies through portfolio management.
D. related diversification to acquire parenting, restructuring, and financial synergies through corporate restructuring and parenting.
Answer:
C. unrelated diversification to acquire financial synergies through portfolio management.
Explanation:
Such a strategy employed by Novartis is meant to create value for the organization in particular and other stakeholders through unrelated diversification from company objectives.
By so doing Novartis creates and acquires financial synergies through it's portfolio management.
What can cause the market demand curve for day-old bread -- an inferior good -- to shift rightward (an increase in demand)
Answers
A factor that can cause the market demand curve for day-old bread to shift rightward is a decrease in income.
What is an inferior good?
An inferior good is a good whose demand falls when income rises and increases when income falls. An inferior good is a good whose demand increases when income falls.
What is an increase in demand?An increase in demand occurs when the demand for a good increase as a result of factors other than a change in the price of a good. When there is an increase in demand, there would be a shift to the right of the demand curve.
For more information about the increase in demand, please check: https://brainly.com/question/25871620
On December 30, 2005, Bart, Inc. purchased a machine from Fell Corp. in exchange for a non-interest bearing note requiring eight payments of $20,000. The first payment was made on December 30, 2005, and the others are due annually on December 30. At date of issuance, the prevailing rate of interest for this type of note was 11%. Present value factors are as follows:
Period Present value of ordinary annuity of 1 at 11% Present value of annuity in advance of 1 at 11%
7 4.712 5.231
8 5.146 5.712
On Bart's December 31, 2005 balance sheet, the note payable to Fell was:
a. $114,240
b. $104,620
c. $94,240
d. $102,920
Answers
Answer: c. $94,240
Explanation:
On December 31, 2005, one payment has already been made which would mean that only 7 payments are left. As the first of these remaining 7 will be paid the year after, this is an ordinary annuity.
Note payable value = Present value of seven $20,000 payments
= 20,000 * Present value of ordinary annuity of 1 at 11% for 7 years.
= 20,000 * 4.712
= $94,240
*The best answer will receive brainliest, I will friend you, and I will like all of the questions you've asked or answered.
*Any submission unorthodox or not relating to the question will be reported!!!
Choose a developing country that is starting to participate in global trade. Describe how economic concepts are affecting the lives of people in that country. Describe both the benefits and drawbacks of the country’s global trade activities.
Answers
Answer:
Amira, a sales rep for a software company, was asked by a potential customer whether the company’s technology could perform a specific function critical to his business needs. Amira wasn’t certain the software could handle his needs, so she told him she would need to get back to him. Rather than provide potential misinformation just to make the sale, Amira checked with the development team first. After determining the product could perform the requested function, she let her customer know. Not only did Amira earn the sale, but she earned trust and respect from her client, too.
Explanation:
In a workplace setting, acting with integrity often means demonstrating your core values in all efforts. Here are a few behaviors that show integrity: Being dependable and following through on commitments, Being open and honest when communicating with others, Holding yourself accountable and owning up to your shortcomings
Employees must exercise integrity regardless of their department or career level. Integrity is critical, however, in leadership positions where people have the opportunity to set examples for others. By incorporating strong values into your behavior, you can help encourage other employees to do the same.
How to display integrity in the workplace
Whether you’re working in a small business or a large corporation, your commitment to integrity will impact the workplace. Acting with integrity not only helps show employers you are capable of handling responsibilities that can advance your career, but it also helps foster a positive company culture.
Actions to demonstrate integrity and impact your workplace
1. Show up ready to work
2. Set a positive example
3. Be respectful during the conflict
4. Practice accountability
5. Follow and enforce company policies
6. Improve your work ethic
7. Respect property
9,432 written verbal is?
Answers
Answer:
Poetry?????????????????
9,432 written in verbal is: nine thousand, four hundred and thirty-two.
Candy or cookies? i want to know
Answers
Answer:
Candy
Explanation:
FOLLOW MY ACCOUNT PLS PLS
Analyse the benefits of employee training to a business.
Answers
Explanation:
Boosts Employee Performance. ...
Improve Morale and Job Satisfaction. ...
Ensures Opportunities for Learning. ...
Opportunity to Identify Weaknesses. ...
Provide a Framework to Develop Strengths. ...
Encourages Innovation and Risk Acceptance. ...
Boosts Adherence to Quality Standards
You discover that your supervisor/team leader stole a password and she has been secretly logging into the computer of another team leader to get information about their team’s funding sources. She is aware that you caught her and tells you that this information has helped your team stay competitive and get ahead. She prefers that you keep her secret. How would you handle this situation?
Answers
Answer:
I would probably tell him/her that I wouldn't really keep it a secret if she keeps doing the same things over and OVER again the first time I would keep it a secret though if she does it again I'll have to tell someone right away.
Explanation:
Question Suppose you have $200,000 in a bank term account. You earn 5% interest per annum from this account. You anticipate that the inflation rate will be 4% during the year. However, the actual inflation rate for the year is 6%. Calculate the impact of inflation on the bank term deposit.
Answers
Answer:
Deposited amount will decrease by 1% and $2,000
Explanation:
Inflation rate will effect the value of money due to decrease in purchasing power of the currency holder.
We will use following formula to calculate the impact
Nominal rate = Real interest rate + Inflation rate
5% = Real interest rate + 6%
Real interest rate = 5% - 6% = -1%
The deposited amount will be decreased by 1%.
Deposit value = $200,000 x ( 1 - 1% ) = $198,000
Decrease in value = $200,000 - $198,000 = $2,000
Give two specific instances where an external research team would be useful and two other scenarios where an internal research team will be deployed, with adequate explanations as to why each scenario is justified for an external or internal team.
Answers
Answer:
Two Specific Instances for External Research Team are for conducting research on causes of losing customers and increase in the number of employees absenteeism in the organisation.
Two Specific Scenarios for Internal Research Team are conduct research about the decline in performance of its manufacturing department and increase in the corruption of sales department.
Explanation:
External Research TeamCauses on losing customers
In some cases, the information provided to determine the root and cause of an issue might be a complex one. For which even the expertise of an internal team to determine and resolve it is not enough. Therefore, an external team is sought it out, who have either faced with such scenarios or have tons of knowledge in such areas in order to provide instant solutions.
Increase in the number of employees absenteeism
In this case, the external research team would be much suited as there is a chance that there might be certain individuals or teams in the organisation who might have an influence on the internal research team to manipulate or misrepresent certain information (with regard to absent employee days) in the organisation.
Internal Research TeamDecline in the performance of its manufacturing department
In this case, the internal team would play a much better role as time could be insufficient to resolve the issue and the internal research team would require least amount of time to understand the philosophy, structure and functioning of the organisation's systems. While an external research team might take extensive time to understand the same.
Increase in the corruption of sales department
In order to determine the corruption, the research team would need to confirm that the policies and procedures placed are correctly being implemented. The internal research team, who are aware of these polices and producers, would much suited in this scenario. Moreover, they will be able to determine the effectiveness of the same and if any further changes are required or not.
What do you feel are the advantages of tracking and managing the gross profit margin percentage in your business?
Answers
Tracking and managing the gross profit margin percentage empowers businesses to assess financial performance, control costs, set prices effectively, benchmark against competitors, make informed decisions, and ensure financial stability and growth.
Tracking and managing the gross profit margin percentage in a business offers several advantages:
Financial Performance Analysis: The gross profit margin percentage provides a clear picture of a company's financial performance by measuring the profitability of its core operations. It indicates how effectively the company is generating revenue and managing its direct costs. By tracking this metric over time, businesses can assess their profitability trends and make informed decisions to improve their financial health.
Cost Control and Pricing Strategy: Monitoring the gross profit margin percentage helps in evaluating and controlling costs associated with production or service delivery. By understanding the direct costs and their impact on profitability, businesses can identify areas where cost reductions or efficiencies can be implemented. Additionally, the gross profit margin percentage can guide pricing decisions, as businesses need to set prices that not only cover costs but also generate sufficient gross profit to support operations and growth.
Performance Benchmarking: Comparing the gross profit margin percentage with industry standards or competitors can provide insights into a company's competitiveness and efficiency. It enables businesses to assess their relative performance in terms of profitability and identify areas for improvement. Benchmarking against industry leaders can also inspire strategies for enhancing profitability and market positioning.
Decision Making: The gross profit margin percentage is a valuable tool for making informed business decisions. It helps in evaluating the profitability of different products, services, or customer segments. By analyzing the gross profit margin percentage associated with each, businesses can identify their most profitable offerings and allocate resources accordingly. It also assists in assessing the viability of new business opportunities or expansion plans by estimating their potential impact on profitability.
Financial Stability and Growth: Tracking and managing the gross profit margin percentage contributes to the financial stability and growth of a business. A healthy and consistent gross profit margin indicates that a company is generating sufficient revenue to cover direct costs and contribute towards covering overhead expenses and generating net profit. It provides a foundation for reinvestment, expansion, and long-term sustainability.
for more such questions on profit
https://brainly.com/question/1078746
#SPJ11
Various financial data for SunPath Manufacturing for 2019 and 2020 follow. 2019 2020 Output: Sales $ 300,000 $ 330,000 Inputs: Labor 40,000 43,000 Raw Materials 45,000 51,000 Energy 10,000 9,000 Capital Employed 250,000 262,000 Other 2,000 6,000 What is the percentage change in the energy partial productivity measure for SunPath between 2019 and 2020
Answers
Answer:
22.20%
Explanation:
Energy Productivity Ratio 2019 = 300,000 / 10,000 = 30
Energy Productivity Ratio 2020 = 330,000 / 9,000 = 36.66
The percentage change = (36.66-30)/30 * 100
The percentage change = 0.222 * 100
The percentage change = 22.20%
So, the percentage change in the energy partial productivity measure for SunPath between 2019 and 2020 is 22.20%
is a means of using time of purchase as a fence to charge a lower price to the
less informed market segment.
Peak-load pricing
High/low pricing
Promotional discount
Advance purchase discount
Answers
Promotional discounts are a means of using time of purchase asa fence to charge a lower price to the less informed marketsegment.
What is Promotional discounts?A sales tactic known as promotional pricing involves brands temporarily lowering the price of a good or service in order to draw potential clients and buyers. A brand can artificially boost the value of a good or service by temporarily decreasing the price and fostering a sense of scarcity.
A sales discount is a lower price that a company offers on a good or service. Find out how to add discounts to invoices. A sales discount, usually referred to simply as a "discount," offers clients of a business a lower price on one or more of the goods or services being provided.
Learn more about discounts at;
https://brainly.com/question/1548141
#SPJ1
Caitlin's lawyer suggests that she name a(n).
assets in the event of her death.
to receive her assets in the event of her death
Answers
Caitlin's lawyer suggests that she name someone, to receive her assets in the event of her death. Thus, option B is correct.
Who is a lawyer?A lawyer can be defined as a person who has gone to school to get a degree regarding the same and passed the bar exam. A lawyer helps the person in the matter which are related to the court
The lawyer recommended to Caitlin that in case she dies or in case of, she should name someone to whom the assets would be transferred after her death or demise. it can be transferred to a person, or organization for a charity fund. Therefore, option B is the correct option.
Learn more about a lawyer, here:
https://brainly.com/question/18883275
#SPJ1
Answer:
b
Explanation:
Talia’s Tutus bought a new sewing machine for $55,000 that will be depreciated over 5 years using double-declining-balance depreciation with a switch to straight-line. Required: a. Find the depreciation charge each year. b. If the sewing machine is sold after 3 years for $25,000, what will be the after-tax proceeds on the sale if the firm’s tax bracket is 35%?
Answers
Answer:
$8,528
Explanation:
A
The double-declining method uses twice the rate of the straight-line depreciation method.
For Talia's tutu, the straight-line method will be 1/5 x 100
=0.2 x 100
=20%
The double-declining method will use 40%
The depreciation schedule for three years will be as follows for 5 years is as follow
Opening balance Depreciation amount new Book value
$55,000 $22,000 $33,000
$33,000 $13,200 $19,800
$19,800 $7,920 $11, 880
$11,880 $4,752 $ 7,128
$7,128 $,2,851.2 $,4,276.8
B.
If the asset is sold after three years.
The Book value after 3 years = $11,880
The machine is sold for $25,000
the gross profits from the machine
= $25,000 - $11,880
=$13,120
the tax rate =35%
=35/100 x $13,120
=0.35 x $13,120
=$4,592
net realized = $13,120 - $4,592
= $8,528
The Correct Answer is: $8,528
A . when The double-declining method is used twice the rate of the straight-line depreciation method. After that For Talia's tutu, the straight-line method will be 1/5 x 100 Then =0.2 x 100 Now =20% When The double-declining method will use that is 40% So that The depreciation schedule for three years will be as follows for 5 years is as follow Now the Opening balance Depreciation amount new Book value will be: Then $55,000 $22,000 $33,000 Then $33,000 $13,200 $19,800 Now $19,800 $7,920 $11, 880 When the $11,880 $4,752 $ 7,128 Now $7,128 $,2,851.2 $,4,276.8B. When If the asset is sold after three years are: So that The Book value after 3 years = $11,880 Now The machine is sold for $25,000 Then the gross profits from the machine will be: After that = $25,000 - $11,880 Then =$13,120 the tax rate =35% =35/100 x $13,120 =0.35 x $13,120 =$4,592 Then the net realized = $13,120 - $4,592 After that the = $8,528
Learn more about:
https://brainly.com/question/8563311
Interventions strategies to prevent restrictions or barrier in small businesses townships
Answers
To prevent restrictions or barriers in small businesses in townships, several intervention strategies can be implemented:
1. Business Development Support: Offer training programs, workshops, and mentorship opportunities to help small business owners develop essential skills such as financial management, marketing, and business planning.
2. Access to Capital: Establish microfinance programs or low-interest loan schemes to provide small businesses with the necessary funds to start or expand their operations. Additionally, create partnerships with financial institutions to streamline the loan application process.
3. Infrastructure Improvement: Invest in upgrading township infrastructure, including roads, electricity, and internet connectivity. This will enhance the business environment, attract investors, and facilitate smoother operations for small businesses.
4. Regulatory Simplification: Simplify and streamline licensing and permit procedures, reducing bureaucracy and paperwork burdens. This will make it easier for entrepreneurs to start and operate businesses, fostering a favorable environment for small enterprises.
5. Market Linkages: Facilitate connections between small businesses and larger supply chains, enabling them to access wider markets and secure stable customer bases. This can be achieved through networking events, trade fairs, and partnerships with established businesses.
6. Local Procurement Policies: Encourage local governments and institutions to adopt procurement policies that prioritize purchasing goods and services from small businesses in the townships, thereby boosting their economic growth and sustainability.
7. Collaborative Initiatives: Foster collaboration among small businesses by establishing business associations, cooperatives, or incubation centers. These platforms can provide shared resources, collective marketing efforts, and a supportive community.
By implementing these intervention strategies, the barriers and restrictions faced by small businesses in townships can be minimized, promoting their growth, sustainability, and contribution to the local economy.
For more questions on Capital, click on:
https://brainly.com/question/15300072
#SPJ8
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
https://brainly.com/question/28390337
#SPJ8