Question:50 If the federal government spends 12% of GDP and collects revenues of 10% of GDP, what is the deficit as a percentage of GDP? A. 2% B. 1% C. 11% D. 12%
Q: Question:8-66 Rally, Inc., is an all-equity firm with assets worth $25 billion and 10 billion shares…
A: Step 1: Identify the total value of the firm under the all-equity structure ($25 billion)Step 2:…
Q: Please give me answer general accounting question
A: Step 1:The money he needs to have in his account today is equal to the present value of the annual…
Q: Financial accounting question
A: Step 1: Define Dividend Payout Ratio And Debt RatioThe dividend payout ratio and debt ratio denote…
Q: What is the cost of equity using SML
A: The problem requires the determination of the cost of equity. The cost of equity is the return that…
Q: General accounting question
A: Explanation for a: The formula to calculate dividend yield is as follows:Dividend yield = Dividend…
Q: Good Times Restaurant estimates the following costs for next year: fixed costs $120,000, variable…
A: To calculate the required number of meals, we use the formula for profit:Profit=(Price per…
Q: General Accounting
A: Step 1: Definition of Direct Labor Cost VarianceThe direct labor cost variance measures the…
Q: The degree of operating leverage is
A: Concept of Contribution Margin: The contribution margin is the amount remaining from sales revenue…
Q: How much is the direct labour rate variance ?
A: Step 1: Identify the formula:• Direct Labor Rate Variance = (Actual Rate - Standard Rate) × Actual…
Q: Compute the company's predetermined overhead rate.
A: Step 1: Calculation of total estimated variable manufacturing overheadTotal estimated variable…
Q: Solve this financial accounting
A: Step 1: Define Tax Carryback and Carry forwardTax carryback and carry forward provisions allow…
Q: 4 PTS
A: Concept of Product CostsProduct costs are costs directly associated with manufacturing a product.…
Q: None
A: Step 1: Analysis of the information givenBeginning inventory = $240,000Purchases = $35,000Cost of…
Q: Find out
A: Standard costing is a method that is best suited for environments where processes are repetitive and…
Q: What is the fixed cost per month ??
A: Explanation of Fixed Cost:Fixed cost refers to production expenses that remain constant regardless…
Q: The corporation s acid thest ratio is ? Given answer
A: Step 1: Define Acid Test RatioThe acid test ratio indicates the short-term financial ability of a…
Q: The following extract from income statement for the year 2017
A: Explanation: The formula to calculate the gross profit percentage is as follows:Gross profit…
Q: Please solve this question general Accounting
A: Detailed explanation:Given: 100,000 shares outstanding$ 1.00 dividends per share per quarter next…
Q: Variable manufacturing cost per unit:65
A: To calculate the unit product cost using absorption costing, we need to include both variable and…
Q: How much is the standard cost per direct labor hour for variable overhead??
A: Explanation of Standard Costs: These are predetermined costs that a company expects to incur under…
Q: General Accounting Question
A: Step 1: Define Definition of Predetermined Overhead RateThe predetermined overhead rate (POHR) is…
Q: Financial Accounting Question need help
A: Step 1: Define True Cash BalanceThe true cash balance is the adjusted cash balance determined after…
Q: Help with this question general Accounting
A: Step 1: Define Cash And Credit SalesBusinesses are actively involved in the trading of products or…
Q: Provide answer
A: Step 1: Definition of Conversion CostConversion cost refers to the costs required to convert raw…
Q: Answer this
A: Explanation of COGS (Cost of Goods Sold): COGS represents the direct costs attributable to the…
Q: How much is variable overhead?
A: To calculate the ending inventory under absorption costing, we need to first compute the total cost…
Q: Ans
A: Step 1: Definition of Variable CostVariable cost per unit measures the change in total costs in…
Q: Give me Answer
A: Detailed explanation:(c.) It requires evidence before recognizing events while still reporting…
Q: 4 Points
A: In accounting, under ASC 842 or IFRS 16, a right-of-use (ROU) asset is depreciated over the shorter…
Q: Please given answer
A: Step 1: Definition of Commercial SubstanceCommercial substance refers to a situation where a…
Q: How much is the cost per shirt for this job ?
A: Explanation of Job-Order Costing:Job-order costing is a costing method used to allocate costs to…
Q: ABC Company makes wallets and the planned production in units for the first three months of the…
A: 1. Information ProvidedPlanned Production (Units):January: 32,850 unitsFebruary: 30,750 unitsMarch:…
Q: Given solution accounting
A: Step 1: a) Proceeds of the note if it carries an interest rate of 8% Proceeds of the note will be…
Q: I need help with accounting
A: Step 1: Definition of Dividend YieldDividend Yield is a financial ratio that shows how much a…
Q: Abc
A: a. Delivery Cycle Time:The delivery cycle time is the total time taken from when the order is placed…
Q: None
A: To calculate the price-earnings (P/E) ratio, we follow these steps: Step 1: Calculate Net IncomeNet…
Q: The standard cost of Product YY includes 4 hours of direct labor at $14 per hour. The predetermined…
A: To compute the total overhead variance, we compare the actual manufacturing overhead incurred to the…
Q: General Accounting
A: The Manufacturing Cycle Efficiency (MCE) is calculated using the following formula: MCE = (Process…
Q: How much is the standard cost per direct labour hour for variable overhead ?
A: Explanation of Standard Cost:Standard cost is a predetermined estimate of the cost of producing a…
Q: Give me Answer
A: (a) Minimize inventory carrying costsThis is a JIT inventory system's main objective. By arranging…
Q: Subject = General Account
A: To compute the sales price variance and sales volume variance, we use the following formulas:…
Q: Without the increase in leverage
A: To determine Rally, Inc.'s share price without the increase in leverage, we use the following…
Q: provide correct answer accounting
A: Step 1:Stockholder's equity is the sum of Common stock, Paid-in Capital in-excess-of-par and…
Q: quick answer of this accounting question
A: To find the value of the equity after the restructuring, we need to calculate the firm's value…
Q: Calculate the amount paid for Goodwill
A: Concept of Acquisition Price: The acquisition price refers to the total amount a company pays to…
Q: How much is the company's predetermined overhead rate to the nearest cent ?
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is used to allocate…
Q: Sheffield Corp. sells its product for $75 per unit. During 2016, it produced 70,000 units and sold…
A: Absorption costing is a costing method where all manufacturing costs, both variable (e.g., direct…
Q: Please solve this question accounting
A: Step 1: Define LiabilitiesLiabilities refer to the amount owed by a company. The liabilities are…
Q: Choice correct answer is accounting
A: Step 1: Define Return on Equity:Return on Equity (ROE) is a ratio that represents the amount of…
Q: need help with this accounting question
A: Step 1: Definition of Accounting EquationThe accounting equation is a fundamental principle of…
General Account 1.7
Step by step
Solved in 2 steps
- An economy in which household consumes 75% of all additional income and all taxes are lumpsum, an when government injects a stimulus of GHC 40 million GDP will? A. Increase by GHC 40 millionB. Decrease by GHC 40 millionC. Increase by GHC 80 millionD. Increase by GHC 160 millionE. Decrease by GHC 160 million2. Government Treasury bills are yielding 4.15%. Inflation is 2.75%. What is the real rate of return on this financial asset? A. 6.90% B. 7.01% C. 1.36% D. 1.40%If the Singaporean dollar appreciates by 12.63% against the Malaysian Ringgit, then by how much has the Malaysian Ringgit depreciated against the Singaporean dollar? Question 1Answer a. 12.63% b. 0.00% c. 11.21% d. -12.63% e. 11.92%
- General accounting12. Canadian Treasury bills are yielding 2.81%. Inflation is 2.45%. What is the real rate of return on the Treasury bill? A. -0.18% B. 0.18% C. 0.36% D. 0.67% E. 1.80%Table 2 shows the elements of national income accounts of a country. The economy is in equilibrium. Accounts Consumption (total) Investment Government Expenditures Imports Exports £bn 80 12 8 10 16 A) What is the current equilibrium value of national income? B) What are the levels of injections and withdrawls? C) Assume that the national income rises to £108 bn and the consumption of the domestically produced goods rises to £72 bn. What is the marginal propensity to consume (use 2 decimal places)? D) What is the multiplier for this economy? E) Comment on the results in part c) ad d).