Answer:
Consider the following explanations
Explanation:
Q1.) the short run fluctuations in the real GDp is known as the business cycles.
Q2.)yes , it is true that Short-term fluctuations in real GDP are irregular and unpredictable.
Q3.) A decrease in real GDPcoincide with declining personal income, and falling corporate profits. As incomes decline consumer spending also decline on retail goods and services and on durable goods, such asautomobiles. Households also contribute to declining investment expenditures by purchasing fewernew homes. As households spend less on products, firms cut back on industrial production and curbinvestment expenditures on physical capital.The unemployment rate tends to rise during periods of falling real GDP as firms cut back on productionand lay off workers. The unemployment rate tends to fall during economic expansions as firms expands production and hire additional workers.
Short-term fluctuations in real GDP are indeed irregular and unpredictable. In 1950, an increasing real GDP in the U.S. economy signifies a period of economic growth.
Short-term fluctuations in real GDP are indeed irregular and unpredictable. While real GDP tends to trend upward over time, it experiences ups and downs in the short run, which we call recessions.
In the context of the U.S. economy in 1950, if there was an increasing real GDP, it means that the economy was growing. This growth could be attributed to various factors such as increased consumer spending, business investment, government spending, or exports.
It could indicate a period of economic expansion with rising employment and incomes.
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Answer: Whether the costs are variable or fixed and whether they are directly traceable to the responsibility center.
Explanation:
The Responsibility Income Statement is one where the different centers in a business have their own sub income statement so that the activities of each center and their profitability is measured and monitored.
In this statement, costs are classified as Variable and Fixed so it is important that it is known whether the costs are variable or fixed.
As the statements are per center, the costs in them would have to be only those that are directly traceable to that center so that a truer reflection of the statements can be seen.
The main concepts involved in preparing a responsibility income statement encompass the traceability of costs to the responsibility center and the form of organization of the responsibility center, either as a profit center or an investment center.
In preparing a responsibility income statement that shows both the contribution margin and the responsibility margin, two primary concepts involve the allocation of costs to varying centers. Firstly, one needs to ascertain whether these costs are directly traceable to the responsibility center, meaning it must be identifiable and characterized to a specific center. Secondly, it's imperative to determine whether the responsibility center is structured as a profit center or an investment center. A profit center bears responsibility for both costs and revenue, while an investment center is accoutable for costs, revenue and assets.
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Answer:
The correct answer is: served one (1) year or more in jail.
Explanation:
The National Securities Markets Improvement Act (NSMIA) is a U.S. securities regulation law. It aims to give more regulatory power to the federal government. Under this law, people who would like to apply to become securities brokers must not have a prison history as inmates for more than one (1) year. Otherwise, their application will be denied.
If Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. The necessary June 30 adjusting entry for Louvers will be:
Debit Interest receivable $125
Credit Interest revenue $125
Louvers, Inc. Adjusting Journal entry
Debit Interest receivable $125
Credit Interest revenue $125
($15,000 × 10% × 30/360)
(To record interest receivable)
The Interest amount of $125 calculated as ($15,000 × 10% × 30/360) is due at maturity. Between May 31 and June30, a total of 30 days passed.
Inconclusion the necessary June 30 adjusting entry for Louvers will be:
Debit Interest receivable $125
Credit Interest revenue $125
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Answer:
Interest receivable
To Interest revenue
(Being the interest receivable is recorded)
Explanation:
The adjusting entry is as follows
Interest receivable
To Interest revenue
(Being the interest receivable is recorded)
The computation is shown below:
= Principal × rate of interest × number of days ÷ (total number of days in a year)
= $15,000 × 10% × (30 days ÷ 360 days)
= $125
The 30 days is calculated from May 31 to June 30
Answer:
$117,000
Explanation:
Manufacturing overhead is also known as the production overhead. It can be estimated by the adding the variable manufacturing overhead to the fixed manufacturing overhead. Therefore:
Fixed manufacturing overhead is equivalent to the cost of the fixed units (i.e. 15,000 units) = $4*15000 = $60000
Variable manufacturing overhead is equivalent to the cost of the variable units (i.e. 19000 units) = $3*19000 = $57000
Total manufacturing overhead = $60000 + $57000 = $117000
Year Mileage
1 3000
2 4000
3 3400
4 3800
5 3700
a) Forecast the mileage for next year using a 2-year moving average.
b) Find the MAD based on the 2-year moving average forecast in part (a), (Hint: You will have only 3 years of matched data.)
c) Use a weighted 2-year moving average with weights of .4 and .6 to forecast next year's mileage. (The weight of .6 is for the most recent year.) What MAD results from using this approach to forecasting? (Hint: You will have only 3 years of matched data.)
d) Compute the forecast for year 6 using exponential smoothing, an initial forecast for year 1 of 3,000 miles, and a = .5.
Answer:
Explanation:
A) using 2-year moving average :
Year 6 : (3800 + 3700) = 7500 / 2 = 3750
2) Mean absolute deviation based on the forecast above :
(3000 + 4000) = 7000/2 = 3500
(4000 + 3400) = 7400/2 = 3700
(3400 + 3800) = 7200/2 = 3600
3000
4000
3400 __3500__100
3800__3700__100
3700__3600__100
Mean absolute deviation = (100 + 100 + 100) /3 = 300/3 = 100
C) weight of 0.4 and 0.6
(0.4*3000 + 0.6*4000) = 3600
(0.4*4000 + 0.6*3400) = 3640
(0.4*3400 + 0.6*3800) = 3640
3000
4000
3400 __3600__200
3800__3640__160
3700__3640__60
(200 + 160 + 60) = 420 / 3 = 140
Answer:
increase
listening to the law when a supplier increases the price their supply increases the quality aswell!!