Consider the following information about a small closed economy: C = 800, I = 300, T = taxes = 100 and GDP = 1500.
What is the value of government spending in this economy?
a.
Government spending is 500.
b.
Given the data, it is not possible to calculate the value of government spending.
c.
Government spending is 300.
d.
Government spending is 400.
please do it in 20 minutes please urgently... I'll give you up thumb definitely

Answers

Answer 1

The value of government spending cannot be directly determined from the provided information. To understand why, let's examine the components of GDP and how they relate to government spending.

Gross Domestic Product (GDP) is calculated as the sum of consumption (C), investment (I), government spending (G), and net exports (X - M), represented as GDP = C + I + G + (X - M).

In this case, the given information includes C (consumption) = 800, I (investment) = 300, T (taxes) = 100, and GDP = 1500. However, the value of government spending (G) is not provided. To calculate government spending, we need additional information or assumptions. One common assumption is that taxes (T) are equal to government revenue. In this case, T = 100 represents the total taxes collected by the government.

If we assume that government spending (G) equals the total taxes collected (T), then the value of government spending in this economy would be 100 (Option C). However, without further information or clarification, it is not possible to determine the precise value of government spending. Therefore, the correct answer is b) Given the data, it is not possible to calculate the value of government spending. Remember that economic data requires comprehensive information to draw accurate conclusions, and without complete information, precise calculations may not be possible.

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Related Questions

Which two renewable technologies do not rely on energy from the sun?.

Answers

Answer:

GEOTHERMAL  AND TIDAL ENERGY

Explanation:

ways in which government can regulate the setting up of businesses​

Answers

Answer:

Tax Code. For most small business owners, government regulation questions almost always begin with taxes. ...Employment and Labor Law. ...Antitrust Laws. ...Advertising. ...Email Marketing. ...Environmental Regulations. ...Privacy. ...Licensing and Permits.

Hope this is helpful to you

g retired persons are officially classified as: a. underemployed. b. unemployed. c. not in the labor force. d. self-employed.

Answers

Officially, retirees are considered to be out of the labor force. The appropriate response is choice (c).

Define Unemployment.

According to the OECD, unemployment refers to those over a particular age who are currently seeking employment but are not employed or self-employed. The unemployment rate, which is used to determine the degree of unemployment, is calculated using the number of unemployed people as a percentage of the labor force.

Frictional, structural, cyclical, and seasonal unemployment are the four basic types of unemployment in an economy. Each group has a defense for its position. A person is only considered to be in the labor force if they are actively looking for work but are having no luck.

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When you plan a presentation, how should you make sure you stay on track as you talk?

A. Make a list of general topics and points you want to cover.

B. Write out every word of the presentation on notecards.

C. Memorize every word of the presentation in your head.

D. Have the audience tell you what else you need to talk about.

Answers

Answer:

A make a list

Explanation:

Answer:

It's A. Make a list of general topics and points you want to cover.

Explanation: hope it helps ^w^

The city of waterville applied for a grant from the state government to build a pedestrian bridge over the river inside the city's park. On may 1, the city was notified that it had been awarded a grant of up to $200,000 for the project. The state will provide reimbursement for allowable expenditures. On may 5, the special revenue fund entered into a short-term loan with the general fund for $200,000 so it could start bridge construction. During the year, the special revenue fund expended $165,000 for allowable bridge construction costs, for which it submitted documentation to the state. Reimbursement was received from the state on december 13.

Answers

Answer and Explanation:

The journal entries are shown below:

For May 1

No Entry Required as eligibility should be completed before recognition.  

For May 5

Cash $200,000

      To Inter fund Loans Payable-Current $200,000

(Being cash is recorded)

During the year

Expenditure $165,000  

       To Voucher Payable $165,000

(being expenditure is recorded)

Due from State Government $165,000  

        To Revenues  $165,000

(Being revenue is recorded)

On Dec 13

Cash $165,000  

  To Due from State Government $165,000

(being cash is recorded)

On Dec 31

Revenues $1165,000  

    To Expenditure $165,000

(being closing entry is recorded)

And other entries are not added as the balance of $35,000 is not fulfilled the eligibility

The city of waterville applied for a grant from the state government to build a pedestrian bridge over

Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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what 3 transaction types can you assign in a rule for money-in transactions in quickbooks

Answers

You can assign one of three transaction types Transfer Transaction, Deposit Credit, and Card Credit in a rule for money-in transactions.

Transactions can be automatically allocated to one revenue account or divided among multiple with the use of deposit rules. Transfers only require an account and a memo box. When you search through transactions, you can quickly spot the ones that are transfers. Please keep in mind that there are options available for transfers including both money-in and money-out. Parkway prefers to route all of its transfers through a clearing account in order to aid us in detecting any unplanned transfers to or from personal accounts.

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Finding a job that matches your skills and interests, and finding a job that has a positive job outlook are both important things to consider when selecting a career. Which do you think is more important? Why?
<< Read Less

Answers

Answer: Finding a job that matches your skill and interest.

Explanation:

This is very important and it majorly one of the key things to consider when applying for jobs. Sometimes, desperation makes people take any job without thinking if they like the job or not and this is bad as it will hinder the success of such person in the firm.

A typical example of this is applying for a job that requires proficiency in microsoft office packages and you literally have no knowledge but you only applied considering the Positive outlook of the firm, they are no two ways about this, you'd perform woefully if being asked simply because you don't possess the skill.

Finding a job that matches your skills and interest tends to make the job more enjoyable as you will be more motivated to keep the job and will find great pleasure in carrying out the task given. It also aids your career development as well, according to the saying practice makes perfect, doing what you love will continually help you to grow and develop yourself in your chosen field.

The _____ relationship in use cases allows use cases to support the concept of inheritance. a. association b. extend c. include d. generalization

Answers

(d.) generalization.  Use cases are able to support the idea of inheritance because of the generalization link in use cases. A generalization is when you say something about all or most of the people or objects at once.

A generalization is a type of abstraction in which common characteristics of particular examples are expressed as broad ideas or assertions. [1] Generalizations assume the presence of a domain or group of components, together with one or more shared features (thus creating a conceptual model). As a result, they serve as the fundamental foundation for all legitimate deductive conclusions (especially in logic, mathematics, and science), where the verification process is required to ascertain if a generalization is true in a particular circumstance. The process of recognizing the components of a whole as being a part of the whole is sometimes referred to as generalization. the components, which may be unconnected if left alone.

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In pure competition when the market price of the product is initially higher than the minimum average cost of the firms, then:A. Some firms will exit the industry and the industry supply will decrease.B. Other firms will enter the industry and the industry supply will increase.C. Some firms will exit the industry and the industry supply will increase.D. Other firms will enter the industry and the industry supply will decrease.

Answers

If price is below the minimum average variable cost, the firm must shut initially down. Market price firm is at a level higher than the zero-profit point, then price.

What transpires to pricing in a market that is solely competitive?

Instead of specific buyers or sellers setting the price, the market's supply and demand make this decision. Every business and customer in a market with perfect competition are price takers. A price-taking customer believes they can buy in any quantity at the going rate without changing it.

What are the parameters of a market with only competition?

a marketing scenario where there are many vendors of a product that cannot be differentiated, meaning that no one firm can competed.

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Please help!!!! I am struggling with this.

Please help!!!! I am struggling with this.

Answers

Answer:

now that i dont know how to do that is hard!

Explanation:

but have a wonderful day!

Mary transferred a life estate in her home to John based on the life of Ned Green. Mary's interest in the property is known as a(n)

Answers

Answer:

The correct answer will be "Reversion interest".

Explanation:

Reversionary interest seems to be an individual's involvement in something like an asset that whenever a prior estate continues to function. It indicates any desire that is deferred to something like the pleasure of. It generally means after enough duration either on a particular arrangement, the charity's grantor seems to have an intention of having again an exchanged asset.

Rightway Construction's project manager has been given the task of planning and implementing the construction of a playground for the city of Northville. All construction plans and documents have been provided as well as a budget amount and completion date. Based on the above scenario, and assuming the project manager has studied all construction plans and documents and reviewed the budget, the next step for the manager will be to __________.

Answers

Explanation:

create a project schedule flow chart

Define leadership behaviors (in your own words) and note which behaviors are beneficial at specific organizational activities (example: project planning, leading coworkers, etc…). Please note at least five organizational activities and be specific when responding.

Answers

Leadership behaviors refer to the actions, traits, and skills demonstrated by a leader to influence, inspire, and guide their team towards achieving a common goal. Different leadership behaviors are beneficial for specific organizational activities.

Explanation: Effective leadership behaviors can vary depending on the specific organizational activity. For example, during project planning, leaders should demonstrate behaviors such as setting clear goals, establishing timelines, and delegating tasks. When leading coworkers, effective leadership behaviors may include active listening, providing feedback, and promoting a positive work culture. Other specific organizational activities that may benefit from certain leadership behaviors include conflict resolution, decision-making, and performance management.

Therefore, leadership behaviors are critical for the success of any organization, and leaders must be able to adapt their behaviors to meet the needs of specific organizational activities. By understanding which behaviors are most effective for each activity, leaders can maximize their effectiveness and promote a positive work environment.

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Attitude is your belief in your own effectiveness.
Т
F

Answers

Answer:

f

Explanation:

this mf emmanuel made me get it wrong. its false bro trust

Hamlet House makes portable garden sheds that sell for $1,800 each. The tax rate for the company is 35 percent. Costs are as follows: Per Unit Total Direct material $800 Direct labor 90 60 50 Variable production overhead Variable selling and administrative cost Fixed production overhead Fixed selling and administrative $240,000 72,000 a. If Hamlet House wants to earn an after-tax profit of $218,400, how many garden sheds must be sold? * garden sheds b. How many garden sheds must be sold to yield an after-tax profit of 8 percent of revenue? Note: Do not round until your final answer. Note: Round your final answer up to the nearest whole unit (for example, round 5.1 to 6 units). 0 x garden sheds c. How much revenue is generated from selling units calculated in part (b)? $ 0 x

Answers

To calculate the number of garden sheds Hamlet House needs to sell to earn an after-tax profit of $218,400, we can use the following formula: Profit = (Selling price per unit x Quantity sold) - Total costs After-tax profit = profit x (1 - tax rate) Plugging in the given values,

we get:

\(218,400 = (1,800 x Q) - [(800 + 90 + 60 + 50 + 240) x Q] x (1 - 0.35)\)Where Q is the quantity of garden sheds sold. Simplifying the equation, we get: \(218,400 = 720Q - 315Q 218,400 = 405Q Q = 540\) Therefore, Hamlet House must sell 540 garden sheds to earn an after-tax profit of $218,400.

b. To calculate the number of garden sheds Hamlet House needs to sell to yield an after-tax profit of 8 percent of revenue, we can use the following formula:

After-tax profit = (Selling price per unit x Quantity sold) x (1 - tax rate) x profit margin Where profit margin is the desired after-tax profit as a percentage of revenue. Plugging in the given values, we get: \(0.08 = (1,800 x Q) x (1 - 0.35) x 0.08\)  Simplifying the equation, we get:\(0.08 = 1,044Q Q = 131\)

Therefore, Hamlet House must sell 131 garden sheds to yield an after-tax profit of 8 percent of revenue.

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You will need to successfully complete which requirements to have "ready-to-sell" status with Aetna Medicare?
A) The Aetna Individual Medicare certification process for the products you intend to sell
B) Have an active contract through the Medicare Producer Contracting site
C) Be licensed and appointed in accordance with state law in states where you intend to sell
D) Pass a background investigation
E) All of the above

Answers

To have "ready-to-sell" status with Aetna Medicare, you will need to successfully complete all of the requirements mentioned in options A, B, C, and D. Therefore, the correct answer is E) All of the above. Let's briefly explain each requirement:

A) The Aetna Individual Medicare certification process: This involves completing the certification process specific to the Aetna Medicare products you intend to sell. It ensures that you have the necessary knowledge and understanding of the products.

B) Active contract through the Medicare Producer Contracting site: You need to have an active contract with Aetna through the Medicare Producer Contracting site, which establishes the legal relationship between you as an agent and Aetna as the Medicare provider.

C) Licensed and appointed in accordance with state law: You must hold the appropriate licenses and appointments required by the state laws in the states where you intend to sell Aetna Medicare plans. This ensures compliance with state regulations.

D) Background investigation: A background investigation is typically conducted to assess your suitability to sell Medicare plans. Passing this investigation is a requirement to obtain "ready-to-sell" status with Aetna Medicare.

By fulfilling all of these requirements, you can achieve "ready-to-sell" status with Aetna Medicare and be authorized to market and sell their Medicare plans.

The correct answer is option e.

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Final answer:

To achieve 'ready-to-sell' status with Aetna Medicare, you need to complete the company's individual Medicare certification process, have an active contract, be legally licensed to sell insurance in the relevant states, and pass a background check.

Explanation:

To obtain a 'ready-to-sell' status with Aetna Medicare, you need to fulfill several requirements. Firstly, you must complete the Aetna Individual Medicare certification process for the products you're aiming to sell. This indicates a deep understanding and adherence to Aetna Medicare's selling protocols and product-specific knowledge.

Secondly, you need to have an active contract through the Medicare Producer Contracting site. This is proof of your legal undertaking with the organization to sell their products.

Thirdly, you must be licensed and appointed according to state law in the states where you plan to sell Aetna's products. This mandatory requirement ensures you're legally recognized to carry out insurance transactions within the specified states.

Last but not least, you're required to pass a background investigation, assuring Aetna Medicare of your credibility and ethical suitability to represent them. Hence, the answer is E) All of the above.

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Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.

Answers

Answer:

Option B !!!!! :))

Explanation:

why do different levels of management have different types of decision​

Answers

Different levels of management have different types of decisions because they have different responsibilities, authority, and knowledge.

If you have a favorable sales volume variance, what must be true?.

Answers

Answer:

higher actual revenue than the standard revenue

Explanation:

1. prepare a job cost sheet for job 201 and for job 202 for the month. 2. compute gross profit on the sale of job 201.

Answers

Selling Work 201 for $130,720 results in a gross profit of $38,140.

What is gross profit?The profit a company makes after deducting all of the expenses involved to producing and offering its goods or services is known as gross profit. The cost of goods sold (COGS) is subtracted from your total sales to determine gross profit. By deducting the cost of goods sold (COGS) from revenue, one can determine gross profit, which will show up on a company's income statement (sales). An organization's income statement will contain these numbers. Other names for gross profit include sales profit and gross income.

1. The following are the cost sheets for Jobs 201 and 202:

                                    Job 201      Job 202       Total

Direct materials          $49,900      $25,300    $75,200

Direct labor                  40,900          14,300      55,200

Overhead applied       39,920         20,240       60,160

Total costs               $130,720      $59,840  $190,560\

2. ($168,860 - $130,720) Gross profit from the sale of Job 201 is $38,140.

Statistics and computations

Cost of raw materials purchased = $101,700

                                    Job 201      Job 202     Total

Direct materials          $49,900     $25,300   $75,200

Direct labor                  40,900         14,300     55,200

Overhead applied       39,920        20,240      60,160

Total costs                   $130,720     $59,840   $190,560

Sales                            $168,860

Gross profit                  $38,140

Consequently, Job 201 costs $130,720 to sell, resulting in a $38,140 gross profit.

The complete question is:

Information on Kwon Manufacturing’s activities for its first month of operations follows: Purchased $101,700 of raw materials on credit. Materials requisitions show the following materials used for the month. Job 201 $ 49,900 Job 202 25,300 Total direct materials 75,200 Indirect materials 10,320 Total materials used $ 85,520 Time tickets show the following labor used for the month. Job 201 $ 40,900 Job 202 14,300 Total direct labor 55,200 Indirect labor 25,900 Total labor used $ 81,100 Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost. Transferred Job 201 to Finished Goods Inventory. (1) Sold Job 201 for $168,860 on credit. (2) Record cost of goods sold for Job 201. Incurred the following actual other overhead costs for the month. Depreciation of factory equipment $ 33,700 Rent on factory building (payable) 670 Factory utilities (payable) 970 Expired factory insurance 4,700 Total other factory overhead costs $ 40,040 1. Prepare a job cost sheet for Job 201 and for Job 202 for the month. 2. Compute gross profit on the sale of Job 201.

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HELPPPPPPP
Channels of mass
communication.

bait and switch
bandwagon
ceremonials
commercial advertising
direct-mail advertising
endorse
hidden catches
infomercials
media
testimonial
want ads

Answers

Answer:

Ok?

Explanation:

The ability to reason well is necessary for modern workers because __________.

Answers

Reasoning skills are essential for modern workers because they help them make logical and well-thought-out decisions, identify and analyze important issues, develop creative and innovative solutions to complex problems, adapt to changing workplace environments, and communicate effectively with others.

The ability to reason well is necessary for modern workers because it helps them make logical and well-thought-out decisions. Reasoning also enables workers to identify and analyze issues that are important to them and their organizations. Furthermore, it helps in the development of creative and innovative solutions to complex problems that arise in the workplace.

Reasoning skills are important for modern workers because they help them in decision-making, problem-solving, communication, and collaboration, which are essential to workplace success. In modern times, workers who are able to reason well are in high demand. The workplace is constantly changing, with new technologies and processes being introduced all the time. As a result, modern workers must be able to adapt quickly and learn new skills.

Workers who can reason well are more likely to be able to learn quickly, which means they are more likely to be able to adapt to changing workplace environments. Reasoning skills are also important for modern workers because they help workers to communicate effectively. Workers who are able to reason well can communicate their ideas clearly and logically, which makes it easier for others to understand their perspectives. This makes it easier for workers to collaborate with others, which is essential to workplace success.

Reasoning skills are essential for modern workers because they help them to make logical and well-thought-out decisions, identify and analyze important issues, develop creative and innovative solutions to complex problems, adapt to changing workplace environments, and communicate effectively with others.

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true or false? congress has not reauthorized the corporate taxes to support cleanup under superfund, but the program continues, paid for by polluters and taxpayers.

Answers

congress has not reauthorized the corporate taxes to support cleanup under superfund, but the program continues, paid for by polluters and taxpayers. The given statement is true.

A corporate tax, often known as a corporation tax or company tax, is a direct tax levied on the profits or assets of corporations or similar legal entities. Such levies are common in many nations, and state and local governments may also impose levies of a similar nature. These levies may alternatively be known as capital taxes or income taxes. A company's taxable income is frequently calculated similarly to an individual taxpayer's taxable income. In most cases, the tax is levied on net earnings. Companies may be subject to taxation under different laws than people are in some jurisdictions. Tax exemptions may apply to specific business practises or entity types.

Economists and decision-makers have a heated dispute about the incidence of corporate taxation.

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Taylor Insurance Company invests $250,000 to acquire $250.000 face value, 4% five-year corporate bonds on December 31, 2024. The bonds pay interest semiannually on June 30 and December 31 every year until maturity. Assume Taylor Insurance Company uses a calendar year. Based on the information provided, which of the following is the journal entry for the transaction on December 31, 2025? A Adebit to interest Revenue for $5,000, and a credit to Cash for 55.000 B A debit to Cash for $5,000, and a credit to interest Revenue for $5,000 C. A debit to Cash for $10,000, and a credit to Interest Revenue for $10.000 D. A debit to Interest Revenue for $10,000, and a credit to Cash for $10,000

Answers

A. Debit to Interest Revenue for 5,000

B. Credit to Cash for 5,000

C. Debit to Cash for 10,000

D. Credit to Interest Revenue for $10,000  

The transaction involves the acquisition of a bond by Taylor Insurance Company. The bond pays interest semiannually on June 30 and December 31 every year until maturity. Since the transaction occurred on December 31, 2025, the interest payment due on June 30, 2026, will be the first interest payment.

The journal entry for this transaction should recognize the interest expense for the period and the corresponding increase in the bonds payable account. The interest expense for the period would be calculated as follows:

Interest expense for the period = (Interest rate x Face value of bond) / 2

= (5% x 250,000) / 2

= 5,000

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What's the difference between a checking account and a savings account?

A. A checking account has fewer fees.

B. A savings account comes with a debit card.

C. A savings account earns interest.

D. A checking account comes with a credit card.

Answers

Answer:

D. A checking account comes with a credit card.

Explanation:

A checking account is opened to facilitate regular bank transactions such as deposits, withdraws, cash transfers, payments, among others. There are no limits to the number of transactions that one can perform per period. Bank's fee and charges are applicable per transaction. To facilitate payments, withdrawals, and deposits, banks provide debit cards to customers.

Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.

donna is a hotel revenue manager preparing next year’s rooms forecast. donna knows that in november of next year a new hotel is opening near her own. as a result, she is considering reducing her rooms forecast for that month. if she does so, what data type will she be primarily using to make her decision?

Answers

Donna will definitely need Future data to facilitate her decision making.

Future data does not connote its name, but rather, it is a kind of data which seems to predict something that might or not affect one in future.

Future data allows for predictive analysis, forecasting and enables companies to drive innovation.

Therefore, the type of data that will need to facilitate her decision making is called Future data.

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on january 1, 2020, corgan company acquired 80 percent of the outstanding voting stock of smashing, inc., for a total of $980,000 in cash and other consideration. at the acquisition date, smashing had common stock of $700,000, retained earnings of $250,000, and a noncontrolling interest fair value of $245,000. corgan attributed the excess of fair value over smashing's book value to various covenants with a 20-year remaining life. corgan uses the equity method to account for its investment in smashing. during the next two years, smashing reported the following: net income dividends declared inventory purchases from corgan 2020 $ 150,000 $ 35,000 $ 100,000 2021 130,000 45,000 120,000 corgan sells inventory to smashing using a 60 percent markup on cost. at the end of 2020 and 2021, 40 percent of the current year purchases remain in smashing's inventory. compute the equity method balance in corgan's investment in smashing, inc., account as of december 31, 2021. prepare the worksheet adjustments for the december 31, 2021, consolidation of corgan and smashing.

Answers

Retention of earnings and the fair value of the noncontrolling interest in the common stock of Smashing of $245,000. Removal of the annual $12,250 excess of fair value over book value allotment.

How is the fair value of NCI determined?

To calculate the NCI of the income statement, multiply the subsidiary's net income by the NCI percentage. Consider, for instance, that the company owns 70% of the subsidiary. Imagine a minority partner owning 30% of the company's subsidiaries and a $1 million net profit. $300k would be the NCI, which is determined as $1M x 30%.

Initial investment cost = 80% x $700,000 = $560,000

Fair value over book value in excess = $245,000

Allocation per year = Excess of fair value over book value / Remaining covenant life

Allocation per year = $245,000 / 20 years = $12,250 per year

Beginning balance = $560,000

Add: Share of Smashing's net income = 80% x $150,000 = $120,000

Add: Inventory markup on purchases = 80% x 40% x $100,000 x 60% = $19,200

Less: Share of Smashing's dividends declared = 80% x $35,000 = $28,000

Less: Allocation of excess of fair value over book value = $12,250

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Answer:

the answer is

Explanation:

Downstream intra-entity profit adjustments when parent uses equity method and a noncontrolling interest is present)​Consideration transferred by Corgan​      ​$980,000​

Noncontrolling interest fair value​​245,000​

Smashing’s acquisition-date fair value​​1,225,000​

Book value of subsidiary     ​​​950,000​

Excess fair over book value​​​275,000

Excess assigned to covenants​     ​ 275,000​

Remaining useful life in years​       ​      ÷ 20 ​Annual amortization​      $13,750 ​2020 Ending Inventory Profit Deferral▪ Cost = $100,000 ÷ 1.6 = $62,500▪ 

Intra-entity gross profit = $100,000 – $62,500 = $37,500▪

 Ending inventory gross profit = $37,500 × 40% = $15,000 ​2021 Ending Inventory Profit Deferral ▪ Cost = $120,000 ÷ 1.6 = $75,000▪ Intra-entity gross profit = $120,000 – $75,000 = $45,000▪ Ending inventory gross profit = $45,000 ´ 40% = $18,000​ ​a.  Investment account:​​​​Consideration transferred, January 1, 2020​​$980,000​​​Smashing’s 2020 net income (150,000× 80%)​$120,000​​​​Covenant amortization (13,750 × 80%)​(11,000)​​​​Ending inventory profit deferral (100%)​  (15,000)​​​Equity in Smashing’s earnings​​94,000​​2020 dividends (35,000*80%)​​     (28,000)​​Investment balance 12/31/20​​$1,046,000​​​Smashing’s 2021 net income (130,000× 80%)​$104,000​​​​Covenants amortization (13,750 × 80%)​(11,000)​​​​Beginning inventory profit recognition​15,000​​​​Ending inventory profit deferral (100%)​  (18,000)​​​​Equity in Smashing’s earnings​​90,000​​     2021 dividends (45,000*80%)​​         (36,000)​​Investment balance 12/31/21​​$1,100,000   


    b.  12/31/21 Worksheet Adjustments

Entry *G

​Investment in Smashing​15,000​​​

Cost of goods sold​​  15,000

​​​​​Entry S

Common stock—Smashing​                                       700,000​​

Retained earnings—Smashing​365,000​​​

Investment in Smashing​​852,000​​

Noncontrolling interest​​213,000

 Entry A

​Covenants​​261,250​​​    
 Investment in Smashing​​209,000

​​Noncontrolling interest​​52,250 

Entry I​

Equity in earnings of Smashing (above)​90,000​​​

Investment in Smashing​​90,000​

Entry D​ ​Investment in Smashing ​36,000​​​

Dividends declared​​36,000        (45,000*80%)

 Entry E 

Amortization expense​13,750​​

Covenants​​13,750​​​​​

Entry TI     Sales​​​​      120,000​​​     Cost of goods sold​​   120,000 

Entry G​

Cost of goods sold​​18,000​​​  Inventory​​18,000 

A policy that changes the natural rate of unemployment changes: a. neither the long-run Phillips curve nor the long-run aggregate supply curve. b. the long-run Phillips curve, but not the long-run aggregate supply curve. c. the long-run aggregate supply curve, but not the long-run Phillips curve. d. both the long-run Phillips curve and the long-run aggregate supply curve.

Answers

Answer:

d. both the long-run Phillips curve and the long-run aggregate supply curve.

Explanation:

the long run Phillips curve is a vertical line that represents the natural rate of unemployment, therefore, a change in the natural rate of unemployment will shift the curve.

The long run aggregate supply curve is also a vertical line that shows potential GDP, and a change in the natural rate of unemployment will shift it.

Which one of the following is not one of the factors that affect the S/Q rating of a company's footwear?

a. The annual number of innovative new performance features built into a company's branded models/styles.
b. Expenditures for best practices training
c. Current-year spending per footwear model for new styling/features and whether production improvement option C has been installed (this option entails investing in special production equipment that boosts the S/Q rating of all pairs produced by 1.0 star)
d. The percentage use of superior materials
d. A company's cumulative spending for TQM/Six Sigma quality control programs

Answers

The one that is not one of the factors that affect the S/Q rating of a company's footwear is option C. Current-year spending per footwear model for new styling/features and whether production improvement option C has been installed (this option entails investing in special production equipment that boosts the S/Q rating of all pairs produced by 1.0 star).

What is an S/Q rating of a company?

An S/Q rating is from consumer group. S/Q rating rates the styling and quality of the footwear of all competitors and assigns a styling-quality or S/Q rating of 0 to 10 stars to each company's branded footwear offerings.

The factors that affect a company's S/Q rating include:

The percentage use of superior materials; a company's cumulative spending for TQM/Six Sigma quality control programs; the use of best practices training; andan expenditures for new styling/features per model

Therefore, the correct answer is as given above

learn more about S/Q rating: https://brainly.com/question/29742380

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