What is one way the modern Chinese government ensures that its limited resources will not be overused?
Q: Crane Company manufactures equipment. Crane's products range from simple automated machinery to…
A: Journal entry: It is the first step of recording transactions of a company. Before this, no other…
Q: должна спуту! a. Issued 1,000 shares of $10 par common stock at $59 for cash.
A: The journal entries are prepared to keep the record of day to day transactions of the business on…
Q: ABC Corp uses the straight line method to depreciate a machine purchased on Jan 1, 20X1 for P20,000.…
A: The depreciation expense is charged on fixed assets as reduced value of the fixed asset with usage…
Q: the closing entries for the Oakville Journal. Use the year-end date December 31, 2 Oakville Journal…
A: The closing entries are prepared to close the temporary accounts of the business including revenue…
Q: Age Interval Not due 1-30 days past due Est. Percentage Uncollectible Balance $63,000 2% 7,100 5%
A: Formula: Estimated Uncollectible amount = Balance amount x Estimated percentage uncollectible.…
Q: Does the concept of revenue less expense equaling an increase in equity or fund balance make sense…
A: The answer for the question on the concept of revenue less expense is discussed hereunder : Every…
Q: Activity 3: The following are transactions of Juana dela Cruz Company for the month of May, 2021.…
A: Journal is the recording of the financial transactions in chronological order using dual entity…
Q: Journalise the follo. transactions. Jan Started business with cash Rs 200000 ^2. Purchased goods for…
A: Introduction: Journals: All the business transactions are to be recorded in Journals. Journals are…
Q: Based on these potential outcomes, what is your estimate of the expected rate of return from this…
A:
Q: While death of a partner is a cause of partnership dissolution, a partner's incapacity to perform is…
A: The Dissolution refers to the end of a partnership’s existing relationship. When a partnership…
Q: 5. Assume that three years ago, you purchased a 10-year corporate bond that pays 8.0 percent. The…
A: Bond: It is the acknowledgement or certificate which is given by the company against the debt taken…
Q: explain the impact on the balance sheet and income statement, specifying which accounts are affected…
A: The income statement is part of the financial statement that indicates the profitability of the…
Q: QUESTION 1 dentify each of the costs listed below. Straight-line depreciation on factory equipment…
A: The costs incurred can be classified as fixed and variable costs. The fixed costs remains constant…
Q: r audit client, VWX Corporation, set up a petty cash fund for the first time last October 1, 2021,…
A: The adjustment entries are prepared to adjust the revenue and expenses of the current period.
Q: Prepare the income statement, the statement of owner’s equity and balance sheet as at December 31st,…
A: Income Statement Particular Income Service Revenue 430800 Total 430800 Less:…
Q: ABC Company's small tools had a beginning balance of P300,000. Acquisitions and disposal records…
A: The retirement method of depreciation includes deferring charging the cost of a fixed asset until it…
Q: As Reported Annual Balance Sheet Report Date Scale Assets Cash & cash equivalents Receivables, net…
A: Introduction: Working capital : Deduction of Current liabilities from current Assets derives the…
Q: Using the data from 2022 in Gaming Table Cost Data, create an Excel spreadsheet to provide a…
A: 1) Units Sold Basis Variable cost per unit Fixed Costs Selling price per unit…
Q: Decreases equity. Represents the amount of assets owners put into a business. Equals assets minus…
A: Income statement is the financial statement that helps the users to know the profitability position…
Q: Complete the reconciliation for the property, plant and equipment note for Retriever Ltd at 31…
A: Re-measurement is an act which is made by the company in order to revalue or re-measure the carrying…
Q: The company sells on terms 2/10, net 30. Total sales for the year are P1,000,000, of which P100,000…
A: Total sales is the combination of cash sales and credit sales. Accounts receivables is the amount to…
Q: Allan, Bobby and Carlo are partners with capital accounts of P350,000, P700,000 and P450,000,…
A: Partnership is one of the agreement or contract between two or more than two persons, under which…
Q: Cash Receivable Inventories Plant& Equipment P25,000 Accounts Payable 25,000 Loan Payable to Allan…
A: Partnership: In the absence of partnership deed if profit and loss ratio is not given then the…
Q: List Price (LP) P580 P6200 (5) (7) (9) Rate of Trade Discount (D₁) (1) (3) (6) 85% 2.8% Trade…
A: List Price (LP) Rate of Trade Discount Trade Discount Net Price 580.00 7.5%…
Q: 2. What amount would a person with actual cash value (ACV) coverage receive for three-year- old…
A: Introduction: "Actual cash value" have interpreted the term to mean "fair market value," which is…
Q: Flat Wall Ltd has the following results for the year ended 31 December 2021 C Trading profits 13,300…
A: Total income can be computed by adding all relevant income of an entity which includes trading…
Q: Bank Reconciliation The cash in bank account of Millana Company shows a debit balance of ₱50,280.17…
A:
Q: On July 1, 2018, Alaska Corp. issued 6,000 shares of its P 100 par ordinary share to Atty. Black as…
A: The shares can be issued by companies to pay off the expenses incurred or to acquire the fixed…
Q: A few years ago, Sam Gig founded Gig n Spin Consultancy Services. Sam is aware that you and your…
A: Adjusted Trial Balance - Adjusted Trial Balance includes ledgers after providing adjusting entries…
Q: Problem 4-13 Net Operating Losses (LO 4.9) Tyler, a single taxpayer, generates business income of…
A: Net operating loss incurred by a company in a given year could be set off with the Income of the…
Q: Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $829,000…
A: The ratio analysis is a quantitative analysis which tells about the operational efficiency of the…
Q: Cash balance per bank $4,500 Outstanding checks $200 Deposits in transit $1,000 Credit memo for…
A: The bank reconciliation statement is prepared to equate the balances of cash book and passbook with…
Q: Why is cost estimation an important function in managerial accounting?
A: Cost estimation involves predicting the cost to be incurred for the production of goods and services…
Q: The Bank of China is considering an application from the Government of the Republic of Zambia for a…
A: Net Present Value - The net present value demonstrates its utility in capital budgeting. It aids in…
Q: Engberg Company Installs lawn sod in home yards. The company's most recent monthly contribution…
A: In order to determine the contribution margin, the variable expenses are required to be subtracted…
Q: Sent a bill to R. Hernandez, P2, 500 for car service rendered at his wedding Gas and oil bills paid,…
A: The journal entries are prepared to keep the record of day to day transactions of the business on…
Q: Pingu Company manufactures winter jackets. Setup costs are $2.00. Penguin manufactures 4,000 jackets…
A: Set up cost is the cost to start the business or service. Carrying cost is the cost to hold the…
Q: 8. a. What is the annual interest amount for a $2,000 bond that pays 7.5 percent interests? b.…
A: a) Calculation of Annual interest amount :- Annual Interest = Value of Bond x Rate of interest =…
Q: How much is the depreciation expense at Dec 31, 20X3?
A: Under straight line method, the amount of depreciation charged for each year would remain same. The…
Q: At the end of 2022, Carpenter Co. has accounts receivable of $700,000 and an allowance for doubtful…
A: When company is maintaining allowance for doubtful accounts balance,then at the time when it is sure…
Q: Problem 11-2A Cash dividends, treasury stock, and statement of retained earnings C3 ⒸP2 P3 Kohler…
A: Retained Earnings: - Retained earnings of a corporation are the accumulated net income of the…
Q: Question 39 If the selling price per unit is $10, the unit contribution margin is $5, and total…
A: Computation of Break even units: Break even units = Fixed cost / Unit contribution margin.
Q: 4/3 how to solve this problem? with puting into general journal as debit and credit side Paid the…
A: The journal entries are prepared to record the transactions of the business on regular basis. The…
Q: JART manufactures and sells underwater markers. Its contribution margin income statement follows.…
A: Special offers should be done at minimum charge of incremental cost if we have idle capacity.…
Q: QUESTION 12 Indiana Bones, Inc., produces and sells 2,000 units of a single product, a deluxe dog…
A: The break even sales units are calculated as fixed cost divided by contribution margin per unit.…
Q: Swifty Corporation, which has a taxable payroll of $1300000, is subject to FUTA tax of 6.2% that…
A: Introduction: Payroll is the compensation that a company must pay to its staff members for a set…
Q: stock had a fa Calculate the amount of Mindy's020 itemized deductions. 8 points A calculations must…
A: The deductions mean the amount that is allowed by the government to be deducted from the taxable…
Q: An Accountant must design inventory ordering systems for two new raw material items - A31 and B31.…
A: Optimum order quantity for Material A31: EOQ = 2DS/H D= Annual Demand = Average weekly…
Q: The following table shows the effects of transactions 1 through 5 on the assets, liabilities, and…
A: Accounting equation is the basic equation which is used to prepare the financial statements of an…
Q: first week’s deductions for Social Security and Medicare? Will any of Pat’s wages be exempt from
A: Tax deduction refers to the income which can be deducted from the income for lowering the amount…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- One of the main arguments against using Fiscal Policy is the crowding out effect. Suppose the government uses government purchases to stimulate the economy. a) Explain the crowding out effect in detail using a graph for the bond market, the money market, the foreign exchange market, and the AD SRAS LRAS model. b). Explain quantitative easing? c) If the Fed’s current policy is quantitative easing, do you think that there is a danger of the government’s current fiscal policy being crowded out? Why or Why not? Explanation required for credit.SMEs plays an important role in a country’s economic development because a. SMEs contribute to the GDP b. SMEs expect more support from the government c. SMEs reduce production within a country d. SMEs creates problem on government finances(a) Suppose that the economy of Microland is expanding rabidly. Due to this rapid expansion, the Federal Reserve Bank is pursuing a contractionary monetary policy. Draw clearly labeled graphs for each market (Money market, Goods Market and Investment) to show the effects of this policy on the equilibrium interest rate, investment and output. (b) Suppose that the economy of Macroland is expanding rabidly. Due to this rapid expansion, the Federal Government is pursuing a contractionary fiscal policy. Draw clearly labeled graphs for each market (Money market, Goods Market and Investment) to show the effects of this policy on the equilibrium interest rate, investment and output. Is there any crowding-out due to the contractionary fiscal policy?
- a)fast internationalization strategy for Better Generation has some associated risks. What are these risks? b) Better Generation requires some resources for a fast internationalization strategy. How can Better Generation build these resources? c) How should Better Generation develop its international strategy in terms of countries chosen and entry modes?Gray (1988) hypothesises that "the higher a country ranks in terms of Uncertainty Avoidance and the lower it ranks in terms of Individualism and Masculinity, then the more likely it is to rank highly in terms of': A flexibility B.Optimism C.conservatism D.TransparencyDevelop a good contingency plan to each of the following situations: 1. If a major competitor withdraws from particular markets as intelligence reports indicate, what actions should our firm take? 2. If our sales objectives are not reached, what actions should our firm take to avoid profit losses? 3. If demand for our new product exceeds plans, what actions should our firm take to meet the higher demand? 4. If certain disasters occur, what actions should our firm take? 5. If a new technological advancement makes our new product obsolete sooner than expected, what actions should our firm take?
- When an MNC restructures its operations to reduce its economic exposure, it may sometimes forgo economies of scale. Explain. (See Ch 12, Q4)Those who say the growing current account deficit in the United States is not a significant problem make the argument that: 1.the current account deficit may hurt exporters, but American consumers gain as a result of lower relative prices. 2.the current account deficit is offset by an equally large capital account deficit, which ultimately leads to appreciation of the U.S. dollar. 3.the large current account deficit will ultimately lead to a current account surplus. 4.the increased investment in the United States as a result of the current account deficit will ultimately lead to increases in wealth and economic growth in the United States.Give an example of how the competitive environmentinfluences prices. What about government regulationand consumer trends? What are some ways the globalenvironment can influence a firm's pricing strategies?
- 1. Should international companies invest in countries with totalitarian regimes? Why?Which of the following is not a reason for U.S. firms operating in foreign markets? A.Better economic and political environment (in the U.S.) B.Less expensive labor C.Tax incentives D. To achieve international diversificationWhich of the following statements is false? A. Real assets generate net-income to the society. B. In most societies, resources are allocated not by an all-powerful dictator, but through the combined choices of millions of households and firms. C. Liabilities sacrifice future benefits. D. Leveraged buyouts (LBOs) are the most common type of commodity investment strategies.