Fiscal YearBudgetBalance=CyclicalComponent +StructuralComponent2000236581782001128-11292002-158-83-752003-378-107-2712004-413-58-3552005-318-20-2982006-24811-2592007-16117-1782008-459-26-4332009-1,413-251-1,1622010-1,294-300-9942011-1,300-264-1,0362012-1,087-208-879es2013-680-207-4732014-485-168-3172015-439-86-3532016-585-76-5092017-665-53-6122018-77911-7902019-98453-1,0372020-3,310-403-2,907Instructions: Enter your responses as a whole number.The federal deficit rose from -$485 billion in 2014 to -$585 billion in 2016. How much of this change was due toa. the growing or shrinking economy?This cyclicalcomponent accounted for a $100 billion increasein the deficit.b. fiscal restraint or stimulus?This structuralcomponent accounted for a $-192 billion decreasein the deficit.

So we can clearly observe that in 2014 the deficit was of $485 billion while in 2016 the deficit…

The federal deficit rose from -$485 billion in 2014 to -$585 billion in 2016. How much of this change was due to a. the growing or shrinking economy? This cyclical component accounted for a $ 100 billion increase in the deficit. b. fiscal restraint or stimulus? This structural component accounted for a $ -192 billion decrease in the deficit.

The federal deficit rose from -$485 billion in 2014 to -$585 billion in 2016. How much of this change was due to a. the growing or shrinking economy? This cyclical component accounted for a $ 100 billion increase in the deficit. b. fiscal restraint or stimulus? This structural component accounted for a $ -192 billion decrease in the deficit.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter11: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 11.5.1MBA: Margin of safety Using the data from P11-2, determine the following for 20Y5. Margin of safety for...

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Question Content Area Present value of $1 Periods 6% 8% 10% 12% 14% 16% 1 0.94340 0.92593 0.90909 0.89286 0.87719 0.86207 2 0.89000 0.85734 0.82645 0.79719 0.76947 0.74316 3 0.83962 0.79383 0.75131 0.71178 0.67497 0.64066 4 0.79209 0.73503 0.68301 0.63552 0.59208 0.55229 5 0.74726 0.68058 0.62092 0.56743 0.51937 0.47611 6 0.70496 0.63017 0.56447 0.50663 0.45559 0.41044 7 0.66506 0.58349 0.51316 0.45235 0.39964 0.35383 8 0.62741 0.54027 0.46651 0.40388 0.35056 0.30503 9 0.59190 0.50025 0.42410 0.36061 0.30751 0.26295 10 0.55839 0.46319 0.38554 0.32197 0.26974 0.22668 Present value of an annuity of $1 Periods 6% 8% 10% 12% 14% 16% 1 0.94340 0.92593 0.90909 0.89286 0.87719 0.86207 2 1.83339 1.78326 1.73554 1.69005 1.64666 0.74316 3 2.67301 2.57710 2.48685 2.40183 2.32163 0.64066 4 3.46511 3.31213 3.16987 3.03735 2.91371 0.55229 5 4.21236 3.99271 3.79079 3.60478 3.43308 0.47611 6 4.91732 4.62288 4.35526 4.11141 3.88867 0.41044 7 5.58238 5.20637…
Perform horizontal analysis for the two quotas
Margin of safety Using the data from P11-2, determine the following for 20Y5. Margin of safety for 20Y5.
Required information Problem 13-2A (Algo) Ratios, common-size statements, and trend percents LO P1, P2, P3 (The following information applies to the questions displayed below.] Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 2019 Sales $ 442,035 $ 338,635 212,324 126, 311 $ 235,000 Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes 266, 105 150,400 175,930 62,769 39,783 102,552 73,378 13,648 $ 59,730 84,600 31,020 46,732 29,800 76,532 49,779 19,505 50,525 34,075 Income tax expense 10, 205 6,917 Net income $ 39,574 $ 27,158 KORBIN COMPANY Comparative Balance Sheets December 31 2021 2020 2019 Assets Current assets $ 55,578 $ 37, 199 $ 49,726 Long-term investments Plant assets, net 900 4,570 56,095 104,820 $ 160,398 95,143 Total assets $ 133, 242 $ 110,391 Liabilities and Equity Current liabilities $ 19,853 $ 23,418 68,000 8,500…
Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable. 2021 $ 706,675 363,004 34,274 2020 2019 $464,918 $ 371,9341 238,808 193, 136 27,058 25,477 2018 $ 260,094 133,898 15,268 2017 $ 194, 100 98,991 13,296 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable.
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Problem 13-2A (Algo) Ratios, common-size statements, and trend percents LO P1, P2, P3 [The following information applies to the questions displayed below] Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 2019 Sales Cost of goods sold $ 402,346 $ 308,230 242,212 $ 213,900 194,493 136,896 Gross profit 160,134 113,737 77,004 Selling expenses 57,133 42,536 28,235 Administrative expenses 36,211 27,124 17,754 Total expenses 93,344 69,660 45,989 Income before taxes Income tax expense 66,790 44,077 31,015 12,423 9,036 6,296 Net income $ 54,367 $ 35,041 $ 24,719 KORBIN COMPANY Comparative Balance Sheets December 31 Assets Current assets Long-term investments Plant assets, net Total assets Current liabilities Liabilities and Equity Common stock Other paid-in capital Retained earnings Total liabilities and equity $ 180,932 2021 $ 63,959 116,973 0 2020 $ 42,808 800 106,691 $ 180,932 $ 150,299 $…
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Urmilaben
CH11_HW_QA2_PIR Required 1: 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1-c. Compute the delivery cycle time for each month. (Round your answers to 1 decimal place.) Throughput Time Manufacturing Cycle Efficiency (MCE) Delivery Cycle Time Month 1 days % days Month 2 days % days Month 3 days % days Month 4 days % days Required 3: 3-a. (Month 5) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE. 3-b. (Month 6) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so…
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