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2 years ago

Which theory of macroeconomics dominated the Reagan administration?

2 answers:

6 0

Raegan administration was dominated by the supply-side economics, which is a macroeconomics theory that opposes to the idea that economic growth can be achieved through capital investment and through lowering barriers on the goods and services production.

liq [111]2 years ago

4 0

Out of the choices given, the theory of macroeconomics dominated the Reagan administration is supply side economics. Supply side economics is when the consumer benefit from a lower price for a better supply of goods.

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A drug company is considering marketing a new local anesthetic. The effective time of the anesthetic the drug company is current

Luda [366]

Answer:

6) H0: μ≥ 7.4 versus H1: μ< 7.4

7) - 1.28

8) - 1.50

5 0

1 year ago

On May 1, Year 1, Benz’s Sandwich Shop loaned $18,000 to Mark Henry for one year at 9 percent interest. Required a. What is Benz

ehidna [41]

Answer:

a) $1080

b)$19080

c) Loan given | -$18000

d)$540

e)$19620

f)loan | 18000

Interest received | $1620

g) $1620

Explanation:

a) Year 1 : a) Interest income = $18000*9%*8/12 = $1080

b) The total receivable at december 31,Year = 18000+1080 = $19080

c) Year 1 :Statement of cash flow

Loan given | -$18000

d) Interest income Year 2 = $18000*9%*4/12 = $540

e) Total cash collect in 2017 = $18000+$1080 + $540 = $19620

f) Cash flow from investing activities :

loan | 18000

Interest received | $1620

g)Total interest earned = 18000*9% = $1620

7 0

1 year ago

Divided Furniture Inc. has 11,000 bonds outstanding with a market price of $104 per bond. The firm also has 35,000 preferred sha

mote1985 [20]

Answer:

Market Value of equity = Price of equity*Number of shares outstanding

Market Value of equity = 36*45000

Market Value of equity = 1620000

Market Value of Bond = Par value*bonds outstanding*%age of par

Market Value of Bond = 100*11000*1.04

Market Value of Bond = 1144000

Market Value of Bond of Preferred equity=Price*Number of shares outstanding

Market Value of Bond of Preferred equity=52*35000

Market Value of Bond of Preferred equity = 1820000

Market Value of firm = Market Value of Equity + Market Value of Bond+ Market Value of Preferred equity

Market Value of firm = 1620000+1144000+1820000

Market Value of firm = 4584000

Weight of equity = Market Value of Equity/Market Value of firm

Weight of equity = 1620000/4584000

Weight of equity = 0.3534

Weight of debt = Market Value of Bond/Market Value of firm

Weight of debt = 1144000/4584000

Weight of debt = 0.2496

Weight of preferred equity = Market Value of preferred equity/Market Value of firm

Weight of preferred equity = 1820000/4584000

Weight of preferred equity =0.397

Cost of equity

Price= Dividend in 1 year/(cost of equity - growth rate)

36 = 2.2/ (Cost of equity - 0.04)

Cost of equity% = 10.11

After tax cost of debt = cost of debt*(1-tax rate)

After tax cost of debt = 8*(1-0.4)

After tax cost of debt = 4.8

Cost of preferred equity

Cost of preferred equity = Preferred dividend/price*100

Cost of preferred equity = 2.2/(52)*100

Cost of preferred equity = 4.23

WACC = After tax cost of debt*W(D)+cost of equity*W(E)+Cost of preferred equity*W(PE)

WACC = 4.8*0.2496+10.11*0.3534+4.23*0.397

WACC = 6.45%

7 0

2 years ago

Kochi Services was formed on May 1, 2020. The following transactions took place during the first month (amounts in thousands). T

IceJOKER [234]

Answer:

See explanation Section Below:

Explanation:

Requirement A

Kochi Services

Journal entry

1. May 1 Cash Debit INR40,000

Capital Credit INR40,000

(Invested cash as sole owner but not for common stock)

2. No entry required

(Because the owner has not paid the wages for the employees)

3. Prepaid Rent Debit INR24,000

Cash Credit INR24,000

(Signed a rental agreement of 2 years for a warehouse by paying cash in advance)

4. Furniture and Equipment Debit INR30,000

Cash Credit INR10,000

Accounts payable Credit INR20,000

(Purchase furniture and equipment on account and cash)

5. Prepaid Insurance Debit INR1,800

Cash Credit INR1,800

(Paid insurance in advance for furniture and equipment)

6. Office supplies Debit INR420

Cash Credit INR420

(Paid cash for office supplies)

7. Office supplies Debit INR1,500

Accounts payable Credit INR1,500

(Purchase office supplies on account)

8. Cash Debit INR8,000

Accounts receivable Debit INR12,000

Revenues Credit INR20,000

(Receive cash for providing services and performed services on account)

9. Accounts payable Debit INR400

Cash Credit INR400

(Paid cash for office supplies due on transaction 7)

10. Cash Debit INR3,000

Accounts receivable Credit INR3,000

(Receive cash from customers due on transaction 8)

11. Utilities expense Debit INR380

Utilities payable Credit INR380

(Utilities bill to be paid on the next month)

12. Salaries expense Debit INR6,100

Cash Credit INR6,100

(Paid cash on salaries expenses)

Requirement B

See the image below

Requirement C

Kochi Services

Trial Balance

May 31, 2020

Account Title Debit (INR) Credit (INR)

Cash 8,280

Accounts Receivable 9000

Capital 40,000

Prepaid Rent 24,000

Furniture & Equipment 30,000

Prepaid Insurance 1,800

Salaries Expense 6,100

Accounts Payable 21,100

Utilities Expense 380

Revenues 20,000

Office Supplies 1920

Utilities Payable 380

Total INR 81,480 INR 81,480

8 0

2 years ago

Which utility applies to a company that acknowledges that customers have a preference for maximum satisfaction from their entert

mixas84 [53]

Answer:

Explanation:

4 0

2 years ago