Suppose that society decided to increase consumption and reduce investment. less investment leads to economic growth in the long run. which of the following statements are true about groups in society that would benefit from or be hurt by this change? check all that apply. there might be a transition period in which workers and owners in investment-goods industries would receive lower incomes. there might be a transition period in which workers and owners in consumption-goods industries would receive higher incomes. all groups will have higher incomes as the result of faster economic growth.
Answers: 3
Business, 22.06.2019 02:10, dakodahepps
Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.
Answers: 1
Business, 22.06.2019 17:00, whitakers87
Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:
Answers: 2
Business, 22.06.2019 18:00, Aethis
Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan
Answers: 2
Suppose that society decided to increase consumption and reduce investment. less investment leads to...
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