Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (7,400 units) $ 251,600 $ 34.00 Variable expenses 140,600 19.00 Contribution margin 111,000 $ 15.00 Fixed expenses 55,100 Net operating income $ 55,900 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 70 units? 2. What would be the revised net operating income per month if the sales volume decreases by 70 units? 3. What would be the revised net operating income per month if the sales volume is 6,400 units?
Answers
Answer:
Whirly Corporation
1. Revised net operating income per month if the sales volume increases by 70 units:
Whirly Corporation’s contribution format income statement for the most recent month is shown below:
Total Per Unit
Sales (7,470 units) $ 253,980 $ 34.00
Variable expenses 141,930 19.00
Contribution margin 112,050 $ 15.00
Fixed expenses 55,100
Net operating income $ 56,950
2. Revised net operating income per month if the sales volume decreases by 70 units:
Whirly Corporation’s contribution format income statement for the most recent month is shown below:
Total Per Unit
Sales (7,330 units) $ 249,220 $ 34.00
Variable expenses 139,270 19.00
Contribution margin 109,950 $ 15.00
Fixed expenses 55,100
Net operating income $ 54,850
3. Revised net operating income per month if the sales volume is 6,400 units:
Whirly Corporation’s contribution format income statement for the most recent month is shown below:
Total Per Unit
Sales (6,400 units) $ 217,600 $ 34.00
Variable expenses 121,600 19.00
Contribution margin 96,000 $ 15.00
Fixed expenses 55,100
Net operating income $ 40,900
Explanation:
a) Data and Calculations:
Whirly Corporation’s contribution format income statement for the most recent month is shown below:
Total Per Unit
Sales (7,400 units) $ 251,600 $ 34.00
Variable expenses 140,600 19.00
Contribution margin 111,000 $ 15.00
Fixed expenses 55,100
Net operating income $ 55,900
Related Questions
I need help how I define followership?
Answers
Followership is the capacity and willingness of individuals to work collaboratively with a leader to achieve a common goal or purpose. It involves recognizing and respecting the authority and expertise of the leader, while also contributing one's own skills, knowledge, and ideas to the collective effort. Effective followership requires active engagement, commitment, and a willingness to share responsibility for the success of the group. Followership can take many forms, from providing support and feedback to the leader, to challenging assumptions and proposing alternative strategies. It is a critical component of effective teamwork, as well as of effective leadership, as leaders rely on followers to help implement their vision and achieve their goals.
While this answer may provide you with helpful infromation regarding your assignment, it is important to remember that using it verbatim could be seen as plaigiarism. To avoid this, it is best to cite your own sources, and put everything in your own words.
I hope I helped!
~~~Harsha~~~
Assignment: Create a Marketing Plan
Answers
Your targeted marketing and advertising actions are outlined in a marketing plan for a set time period, often the following 12 months.
The purpose of a marketing planA marketing strategy can assist you in identifying your target market and the advantages your product or service can provide for it. determine how you might entice new clients. Encourage your current clients to keep using your product or service.
What are the five marketing strategies?The five marketing Ps—Product, Pricing, Promotion, Place, and People—serve as a framework for marketing initiatives and help keep marketers focused where they should be.
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Industry standards suggest that 7% of new vehicles require warranty service within the first year. Jones Nissan in Sumter, South Carolina, sold 9 Nissans yesterday. (Round your mean answer to 2 decimal places and the other answers to 4 decimal places.)
a. What is the probability that none of these vehicles requires warranty service?
b. What is the probability exactly one of these vehicles requires warranty service?
c. Determine the probability that exactly two of these vehicles require warranty service.
d. Compute the mean and standard deviation of this probability distribution.
Answers
The standard deviation is 0.749 and the probability distribution's mean is 0.63.
What is Standard Deviation?A set of data values' variation or dispersion from their mean (average) is measured by their standard deviation. It tells how far apart the individual data points are from the data set's mean value. To put it another way, it is a measure of how different the data are from the mean. A standard deviation that is smaller indicates that the data points are closer to the mean, while a standard deviation that is larger indicates that the data points are further from the mean. It is calculated by taking the square root of the variance, and it is frequently used in statistical analysis.
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Principles of Investment
Assignment Active
Monetary Policy and Investments
Juan is always researching different investment options.
A few weeks ago he noticed some nice homes for sale in
his neighborhood. The listed prices were below market
value. Today on the news he heard that the Federal
Reserve lowered interest rates for banks and that banks
have lowered interest rates for home mortgages in turn.
As a result, there has been a huge boom in the number of
people purchasing homes.
What is most likely to happen as a result of the
change in interest rates?
O Housing prices will go up and down due to
changing fiscal policy.
O The market will experience more demand and the
price of houses will go up.
O The price of houses will go down in response to the
decreased demand.
O The prices for homes in that area will be stable due
to the new monetary policy.
4
Answers
As a result of the decrease in interest rates, Option B. The market will experience more demand, and the price of houses will go up.
The demand for houses will go up and housing prices will increase, causing individuals who were on the fence about buying a house to act swiftly before prices rise too much. As a result, housing sales are expected to surge. Lower interest rates, on the other hand, are often linked to increased borrowing and spending in the economy. Because borrowing money is now less expensive, more people are more willing to do so and the money supply in circulation rises.
The decrease in interest rates could cause more individuals to be more willing to purchase a home due to lower interest rates and more affordable mortgage payments. Lowering interest rates for banks and home mortgages, as well as lowering the cost of borrowing, encourages more people to buy houses, resulting in a greater demand for homes and, in turn, driving up the prices of homes.
As a result, option B is correct: the market will experience more demand, and the price of houses will go up. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Juan is always researching different investment options. A few weeks ago he noticed some nice homes for sale in his neighborhood. The listed prices were below market value. Today on the news he heard that the Federal Reserve lowered interest rates for banks and that banks have lowered interest rates for home mortgages in turn. As a result, there has been a huge boom in the number of people purchasing homes. What is most likely to happen as a result of the change in interest rates?
A. Housing prices will go up and down due to changing fiscal policy.
B. The market will experience more demand and the price of houses will go up.
C. The price of houses will go down in response to the decreased demand.
D. The prices for homes in that area will be stable due to the new monetary policy.
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A constraint on travel, when failing to obtain a visa, is known as an Answerissue.
Answers
The article is primarily made up of numbers and facts, as if this might actually solve any issues.The term "neo social movements" refers to issue-specific movements that began after the 1980s.
Which three restrictions apply to travel?According to Crawford and Godbey (1987; 1991), the model includes three types of limitations: interpersonal, intrapersonal, and structural constraints. Individuals who are alone when travelling have interpersonal limits.
Which four restrictions on travel apply?Four groups—intrapersonal, interpersonal, structural, and not a travel option—are used to group the 30 low-carbon travel restrictions.
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a food worker wearing artifishal nails is preparing a salad for lunch rush what should she do to prevent from contaminating the salad
Answers
Answer:
wear gloves when preparing the salad.
Explanation:
the 3 hour per week that 100 million volunteers donate every year in the US is equal to how many full time worker
a. 1 million
b. 7.5 million
c. 100 million
d. 750 million
Answers
The equivalent number of full-time workers based on the 3 hours per week volunteered by 100 million volunteers in the US is approximately 144,230 full-time workers. Option C is the correct answer.
To calculate the equivalent number of full-time workers based on the 3 hours per week that 100 million volunteers donate every year in the US, we need to determine the total number of hours volunteered and divide it by the number of hours worked by a full-time worker in a year.
Let's assume a full-time worker works an average of 40 hours per week, and there are 52 weeks in a year.
Total hours volunteered per year:
3 hours per week * 100 million volunteers = 300 million hours
Total hours worked by a full-time worker per year:
40 hours per week * 52 weeks = 2,080 hours
Equivalent number of full-time workers:
300 million hours / 2,080 hours = approximately 144,230 full-time workers
Option C is the correct answer.
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1) Giving examples explain Eight (8) types of leadership styles(10mks)
2) Explain the do’s and don’ts of communication(5mks)
3) Explain the how managers can use motivation theories to motivate employees(10mks)
Answers
Answer:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility.
Answer:
Explanation:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility
Which of the following are examples of how everyday people use the skill of technology in their daily skills
Answers
The sentence that depicts the examples of how everyday people use the skill of technology in their daily skills is option E. All of these are examples of how everyday people use the skill of technology in their daily skills
What is technology?Technology is the result of compiled knowledge and application of skills, methods, and processes used in industrial production and scientific research. Technology is found in the operation of all machines, with or without detailed knowledge of their function, for the intended purpose of an organization.
Therefore the correct answer is option E. All of these are examples of how everyday people use the skill of technology in their daily skills
The complete question goes thus:
Which of the following are examples of how everyday people use the skill of technology in their daily skills
A. Paying bills online
B.Checking email on their phone
C.Scanning a transportation card on the subway
D.Taking this online class
E. All of these are examples of how everyday people use the skill of technology in their daily skills
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i been seeing lonely people in crowded room-
covered in old heart break and new tattoos...
can you guess that song? I'll give brainilist
Answers
Answer:
Sam Fischer
The City
Answer:
If I'm correct it is This City by Sam Fischer
Explanation:
I listen to music a lot. :)
Thanks for da free points. :D
Apple's market entry strategy within India involves the use of franchised licensees to run its stores. Which of the following are considered
general advantages of franchising as a market entry strategy?
Multiple Choice
Answers
Franchisees share in the risk of the franchise system's growth. A franchising business may see a larger return on its investment. All choices are advantages of franchising.
What method of market access does Apple employ?In order to attract potential clients and strengthen their market position at the same time, Apple Inc. employs differentiation strategy to join a market by incorporating distinctive features and design into the creation of their product.
What is a market entry strategy for franchises?A semi-independent business owner (the franchisee) pays fees and royalties to the franchiser in order to use a company's brand and promote its goods or services abroad. This method is known as franchising. Depending on the deal, a franchise package's terms and conditions change.
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The complete question is below:-
Apple's market entry strategy within India involves the use of franchised licensees to run its stores. Which of the following are considered general advantages of franchising as a market entry strategy? Multiple Choice
a) Ability to exert greater control over how the business is operated abroad
b) Low capital investments
c) Rapid expansion opportunities
d) Local market expertise of franchisees
What are the two important characteristics of management.
Answers
The two important characteristics of management are mentioned below:
Continuous Process- It is a continuous process. The various functions of management i.e controlling, organizing, planning, directing and staffing must be performed on a regular basis by the managers. It must be noted that the priority of the manager may differ on a regular basis.Pervasive- Management is pervasive in all forms of organizations. Meaning all organizations, whether large or small, working for any interest or in any region needs management for the smooth functioning.ình hình tài sản của Cty SAO KIM, số 7, Lê VănTám , phường 9, Quận 10 tính đến ngày 31/12/2020 như sau :
Đvt: triệu đồng.
Tiền mặt 1,000
Tiền gửi ngân hàng 79,000
Phải trả người bán 110,000
1399Nguyên vật liệu 225,000
Vay ngắn hạn ngân hàng 120,000
Công cụ dụng cụ 5,000
Nguồn vốn kinh doanh 965,000
Lãi chưa phân phối 203,500
Xe tải 100,000
Dây chuyền công nghệ 500,000
Máy móc thiết bị 389,000
Phải thu khách hàng 100,000
Phải trả người lao động X
Yêu cầu:
1. Tìm X.
Answers
PLEASE HELP!! This is economics/business work. Will give brainliest if correct!!
Answers
What is a significant factor to consider when marketing a business in the hospitality and tourism industry?
Answers
There are some important and significant factors to consider when marketing a business in the hospitality and tourism industry, by considering this brief description is given below:
When marketing a business in the hospitality and tourism industry, one important factor to consider is the customer experience. This means making sure that customers have a great experience from start to finish, such as when booking or checking out.
To achieve this, businesses need to understand the needs and preferences of their target audience and tailor their marketing efforts accordingly. Providing excellent customer service, having clean facilities, and promoting unique experiences are all crucial elements to creating a positive experience for customers.
By focusing on the customer experience, businesses can attract and retain customers and create a positive reputation, leading to more business and referrals.
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using a scale: Three boys Isaac ,Alex and Ken are standing in different parts of a field .Isaac is 100 metres north of Alex and Ken is 120 metres east of Alex .Find the compass bearing of Ken from Isaac
Answers
Answer:
156 m South East of Isaac
Explanation:
This is going to be solved by using Pythagoras theorem
We have the adjacent of the triangle as the Eastern distance between Ken and Alex, and that is 120 m. We have the opposite side to be the Northern distance between Isaac and Alex to be 100 m
If so, then we know that the hypotenuse side is the distance between Isaac and Ken. Using Pythagoras, we know that
100² + 120² = x²
x² = 10000 + 14400
x² = 24400
x =√24400
x = 156.2 m
The compass bearing of Ken, from Isaac then is,
Ken is 156.2 m South East of Isaac
What is a periodic adjustment cap?
O A. A limit on how many times the rate can be adjusted
B. A limit on how much an ARM's interest rate can change at each
adjustment period
O C. A limit on a loan's initial interest rate
OD. A limit on how many years a loan can be for
Answers
Answer: B. A limit on how much an ARM’s interest rate can be changed at each adjustment period
Explanation:
A company issues a bank-accepted bill to fund a short-term business project. The bill is issued for 180 days, with a face value of $200 000 and a yield of 9 per cent per annum. (a)What amount will the company raise to fund the project? After 33 days, the bank bill is sold by the original discounter into the money market for $193 015.90. The purchaser holds the bill to maturity. What is the return to: (b) the original discounter? (c) the holder at maturity?
Answers
A. The amount raised is $191.552.5
B. The return to the original discounter is 8.44%
C. The return to the holder at maturity is 8.98%
a. The company is going to raise $191,552.5 to fund the project
Fv = 200000
yield = 9%
Days = 180
for 180 days = 0.09 * 180/365
= 0.044
Amount raised = Fv/(1+i)= 200000/(1+0.044)
= 200000/1.044= $191.552.5
b. The return to the original discounter is 8.44%
\([(193 015.90-191,552.5)/191,552.5]*\frac{365}{33}\)
= 0.00763*11.06= 8.44%
Therefore the return to the original discounter is 8.44 percent.
c. The return to the holder at maturity is 8.98%
\([(200000-193015.9)/193015.9]*\frac{365}{180-33}\)
=0.0362*2.483
=0.08988
=8.98 percent
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What are two benefits depository institutions can provide?
Answers
You just purchased a bond that matures in 5 years. The bond has a face value of $1,000 and an 8% annual coupon. The bond has a current yield of 8.21%. What is the bond's yield to maturity?
Answers
Answer:
Your answer is given below:
Explanation:
Information provided:
Face value= future value= $1,000
Time= 5 years
Coupon rate= 8%
Coupon payment= 0.08*1,000= $80
Current yield= 8.21%
Current yield is calculated using the below formula:
Current Yield= Annual interest/Current price
0.0821= $80/ Current price
Current price= $80/ 0.0821
= $974.42
The yield to maturity is calculated by entering the below in a financial calculator:
FV= 1,000
PV= -974.42
N= 5
PMT= 80
Press the CPT key and I/Y to compute the yield to maturity.
The value obtained is 8.6517.
Therefore, the yield to maturity is 8.65%.
Which of the following items apply to monopolistic competition (choose 3)?
no barriers to entering the market
firms are price searchers
firms are price takers
firms are price setters
high barriers to entering the market
some barriers to entering the market
differentiated products
Answers
Items that apply to monopolistic competition are Firms' price searchers, Differentiated products, and Some barriers to entering the market.
The three items that apply to monopolistic competition are:
1. Firms are price searchers: In monopolistic competition, firms have some degree of control over the price of their products. They engage in price search behavior by analyzing market conditions, customer preferences, and competitors' pricing strategies to determine their own prices. They aim to differentiate their products and attract customers based on unique features, branding, or quality.
2. Differentiated products: Monopolistic competition is characterized by firms offering products that are differentiated in some way. Each firm seeks to distinguish its products from those of its competitors through features, design, branding, or other aspects. This product differentiation allows firms to create a perceived uniqueness in the market and potentially charge higher prices.
3. Some barriers to entering the market: While monopolistic competition does not have significant barriers to entry like pure monopoly or oligopoly, there can still be some barriers. These barriers can include factors such as the need for initial capital, economies of scale, brand loyalty, and intellectual property rights. These barriers, though not insurmountable, create some level of difficulty for new firms to enter the market and establish themselves.
The following options are not applicable to monopolistic competition:
- Firms are price takers: Price takers are typically found in perfectly competitive markets, where individual firms have no control over the price and must accept the prevailing market price as given.
- Firms are price setters: Price setting is characteristic of monopoly markets, where a single firm has substantial market power and can determine the price of its products without significant competition.
- No barriers to entering the market: Monopolistic competition does have some barriers to entry, as mentioned earlier, though they may not be as significant as in other market structures.
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Hassick Corporation produces and sells a single product whose contribution margin ratio is 63%. The company's monthly fixed expense is $460,530 and the company's monthly target profit is $19,000. The dollar sales to attain that target profit is closest to:
Answers
Answer:
the dollar sales to attain that target profit is $761,159
Explanation:
The computation of the dollar sales is shown below:
= (Fixed cost + target profit) ÷ (Contribution margin ratio)
= ($460,530 + $19,000) ÷ (0.63)
= $761,159
hence, the dollar sales to attain that target profit is $761,159
Payton Inc. reports in its Year 7 annual report, sales of $7,362 million and cost of goods sold of $2,945 million. For next year, you project that sales will grow by 3% and that cost of goods sold percentage will be 1 percentage point higher. Projected cost of goods sold for Year 8 will be:
Answers
THe answer is scjkgnsgjnDVDJ
Define a random variable that represents the time in minutes required to assemble the product
Answers
A random variable x is a numerical outcome of a probability experiment. There is a numerical value which is determined by chance for each outcome in the procedure or experiment. Therefore, a random variable is used for describing outcomes using numerical values.
x = time in minutes
A company prospectus includes:
Answers
A company prospectus includes Business Overview, Company History, Management Team, Financial Information, Risk Factors, Legal and Regulatory Information, Corporate Governance.
The contents of a company prospectus may vary depending on the specific regulations of the jurisdiction where the company operates. However, in general, a prospectus includes the following key elements:
Business Overview: A description of the company's business activities, including its industry, products or services, target market, and competitive advantages.Company History: Background information about the company, including its founding date, key milestones, and any significant events that have shaped its development.Management Team: Profiles of the company's key executives and management team members, including their qualifications, experience, and responsibilities.Financial Information: Detailed financial statements, including balance sheets, income statements, and cash flow statements, for a specified period. This section also provides information on the company's assets, liabilities, revenues, expenses, and profitability.Risk Factors: A discussion of the potential risks and uncertainties that could affect the company's operations, financial performance, or investment prospects. This may include market risks, regulatory risks, industry-specific risks, or any other factors that investors should consider before making investment decisions.Legal and Regulatory Information: Disclosures related to any legal or regulatory matters that may impact the company, such as pending lawsuits, regulatory compliance issues, or intellectual property rights.Corporate Governance: Details about the company's corporate structure, board of directors, executive compensation, and any other corporate governance practices that ensure transparency and accountability.For such more question on Financial:
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What influences the behavior of employees and gives confidence to the strategic teams that make things happen?
Answers
A correct reward system, as well as a fair affirm attitude, are the main factors that drive employees proactively.
Thus, the fact that employers generate fair, equitable and stimulating reward systems gives their employees a real incentive to achieve the best possible result in their daily work.
On the other hand, it is also necessary for employers to generate systems not of punishment but of conduct and responsibilities that allow them to channel the work of their employees so that they tend to better perform their tasks.
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A decrease in real GDP causes a __________the money demand curve. A decrease in interest rates causes a__________ the money demand curve. An increase in the aggregate price level causes a_____________ the money demand curve.
Answers
Answer:
A decrease in real GDP causes a decrease in the money demand curve. A decrease in interest rates causes an increase in the money demand curve. An increase in the aggregate price level causes an increase in the money demand curve.
Explanation:
A demand curve is a graphical representation of the demand for money. Highlighting the demand for money in relation to price.
If real GDP increases, it will increase the need to have money to purchase goods, as there is already an increase in goods produced or available in the market. The need to have more money to purchase the more goods available in the market will drop once real GDP drops.
When the quantity of money demanded increases, it affects the price as well, as price increases, causing an increase in the demand curve. Talking about interest rates, a decrease in the interest rate will lead to an increase in the quantity of money demanded which will lead to an increase in the money demand curve.
The aggregate price level measures the entire prices in the economy. It gives a quick view of how the market pricing system is.
When the price level is high, an individual will have to spend more meaning there will be an increase in the demand for money to purchase the desired goods leading to a direct increase in the money demand curve.
A decrease in real GDP causes a leftward shift in the money demand curve. A decrease in interest rates causes a rightward shift in the money demand curve. An increase in the aggregate price level causes a rightward shift in the money demand curve.
What is the money demand curve?The money demand curve illustrates the demand for money at a given interest rate. It is a downward-sloping curve that means there is an inverse relationship between demand for money and the interest rate.
The shift in money demand curve:
The money demand curve shifts to the right as the demand for money increases and it shifts to the left as demand decreases.
The demand for money will increase due to a rise in real GDP, a fall in interest rate, an increase in the price level, a change in expectations, and similar reasons.
The demand for money will decrease due to inverse change in the above factors.
Therefore, the answers to the blanks are:
leftward shift,
rightward shift, and
rightward shift.
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2. Which is NOT an activity that requires training?
A ) Using ladders
B ) Using power tools
C ) Walking up and down stairs
D ) Working on catwalks and grids
Answers
Ivanhoe Company, organized in 2019, has set up a single account for all intangible assets. The following summary discloses the debit entries that have been recorded during 2020. 1/2/20 Purchased patent (7-year life) $310,800 4/1/20 Purchase goodwill (indefinite life) 354,000 434,000 7/1/20 Purchased franchise with 10-year life; expiration date 7/1/30 160,800 8/1/20 Payment of copyright (5-year life) Research and development costs 9/1/20 224,000 $1,483,600 Prepare the necessary entry to clear the Intangible Assets account and to set up separate accounts for distinct types of intangibles. (Credit account titles are automatically indented when entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) amount Account Titles and Explanation Debit Credit Make the entry as of December 31, 2020, recording any necessary amortization. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Reflect all balances accurately as of December 31, 2020. Use straight-line amortization $ $ $ $
Answers
Following are instructions for creating the necessary entries to close the Innovative Assets account and create multiple ones for various categories of intangibles.
What do you term a business account?Quick access to business bank accounts. a check account for business. Bank account for a business. Money market account for businesses. Guarantee of Deposit for Business.
Account Names and Descriptions
Credit
Patents
Godwill
Franchise
Copyright
$ 354,000
$ 434,000
$ 160,800
Expense for research and development
$ 224,000
Non-tangible assets
(To balance the account for intangible resources)
$ 1,483,600
Account Names and Descriptions
Debit
Credit
Depreciation cost
$ 79,500
(310,800/7) Patents
($434,000/10*6/12) Franchise
($160,800/5*5/12) Copyright
(To keep track of amortisation costs)
Debit $ 310,800
$
44,400
$
21,700
$
13,400
Utilize amortisation in a straight line:
$310,800 to $44,400 for patents
Godwill
($434,000–$21,700) franchise
$ 266,400
$ 354,000
$ 412,300
($160,800 - $13,400) Copyright
$ 147,400
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does government spending contribute to economic growth
Answers
Answer:
Increased government spending is likely to cause a rise in aggregate demand (AD). This can lead to higher growth in the short-term. ... Higher government spending will also have an impact on the supply-side of the economy – depending on which area of government spending is increased.
Explanation: