Real GDP | Consumption (after taxes) | Gross Investment | Net Exports | Government Purchases |
$0 | -$20 | $10 | $+5 | $15 |
10 | 0 | 10 | +5 | 15 |
40 | 20 | 10 | +5 | 15 |
70 | 40 | 10 | +5 | 15 |
100 | 60 | 10 | +5 | 15 |
130 | 80 | 10 | +5 | 15 |
160 | 100 | 10 | +5 | 15 |
Refer to the table. The economy shown is a:
a. Private economy.
b. private open economy.
c. mixed closed economy.
d. mixed open economy.
In: Economics
A small diameter tube closed at one end was filled with benzene
to within 20 mm from the top of the tube and maintained at 295 K
and atm pressure of 100 kPa with a gentle stream of air blowing
across the top. After 30 kilo-seconds (30 x 103 s) the liquid level
has fallen to 25.8 mm. The vapor pressure of benzene at 295 K is
13.3 kPa. Calculate the diffusivity of benzene in air. Density of
benzene = 800 kg/m3. Molecular weight of benzene = 78 kg/kg
mol.
In: Other
Wrigley Company is considering an investment project that generates a cash flow of $13,000 next year if the economy is favorable but generates only $6,000 if the economy is unfavorable. The probability of favorable economy is 70% and of unfavorable economy is 30%. The project will last only one year and be closed after that. The cost of investment is $10,000 and Star Ventures plans to finance the project with $2,000 of equity and $8,000 of debt. Assuming the discount rates of both equity and debt are 0%. What is the expected cash flow to Star Ventures' shareholders if the company invests in the project?
|
$0 |
||
|
$2,900 |
||
|
$3,500 |
||
|
$4,200 |
||
|
$7,500 |
In: Finance
Consider an L-R circuit as shown in the figure. (Figure 1) The battery provides 12.0V of voltage. The inductor has inductance L, and the resistor has resistance R = 150? . The switch is initially open as shown. At time t=0, the switch is closed. At time tafter t=0 the current I(t) flows through the circuit as indicated in the figure.
Part C
What is the current reading I(?) given by the ammeter shown in the circuit (Figure 4) at one time constant after t=0?
Express your answer in amperes.
In: Physics
Exercise 13-11 - TOPIC - Non-Financial and Current Liabilities
Martinez Limited began operations on January 2, 2019. The company employs 6 individuals who work 8-hour days and are paid hourly. Each employee earns 12 paid vacation days and 7 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows:
| Actual Hourly Wage Rate |
Vacation Days Used by Each Employee |
Sick Days Used by Each Employee |
||||||||
| 2019 | 2020 | 2019 | 2020 | 2019 | 2020 | |||||
| $20 | $21 | 0 | 11 | 4 | 5 | |||||
Martinez Limited has chosen to accrue the cost of compensated
absences at rates of pay in effect during the period when they are
earned and to accrue sick pay when it is earned. For the purpose of
this question, ignore any tax, CPP, and EI deductions when making
payments to the employees.
A.) Prepare the journal entries to record the transactions related to vacation entitlement during 2019 and 2020.
| Date | Account Name and Explanation | Debit | Credit |
| 2019 | |||
| To accrue the vacation pay entitlement earned by the employees | |||
| 2020 | |||
| To accrue the vacation pay entitlement earned by the employees | |||
| 2020 | |||
| To record payment for vacation time |
B.) Prepare the journal entries to record the transactions related to sick days during 2019 and 2020.
| Date | Account Name and Explanation | Debit | Credit |
| 2019 | |||
| To accrue the expense and liability for sick days | |||
| 2019 | |||
| To record payment for compensated time | |||
| 2020 | |||
| To accrue the expense and liability for sick days | |||
| 2020 | |||
| To record payment for compensated time when used by employees |
C.) Calculate the amounts of any liability for vacation pay and sick days that should be reported on the SFP at December 31, 2019, and 2020.
| 2019 | 2020 | |||
| Liability for vacation pay | $ | $ | ||
| Liability for sick pay | $ | $ |
D.)Prepare the journal entries to record the transactions related to sick days during 2019 and 2020 assuming the entitlement to sick days did not accumulate.
| Date | Account Title and Explanation | Debit | Credit |
| 2019 | |||
| To record payment for compensated time when used by employees | |||
| 2020 | |||
| To record payment for compensated time when used by employees |
E.) Calculate the amounts of any liability for vacation pay and sick days that should be reported on the statement of financial position at December 31, 2019, and 2020 assuming the entitlement to sick days did not accumulate.
| 2019 | 2020 | |||
| Liability for vacation pay | $ | $ | ||
| Liability for sick pay | $ | $ |
In: Accounting
Why are standards important for globalization? Also, while standards are ‘voluntary’ and appear to be beneficial or at least benign, might this process actually inhibit innovation? What is the long-term implication of Huawei’s lead in 5G technology and standards?
In: Economics
Write two paragraphs about how Schumpeter discovered Capitalism? and discuss following topics.
In: Economics
QUESTION 3
It has been said that a firm’s decision-making processes center upon technology,
entrepreneurship, innovation, employment relations, outsourcing, and
competition policy. Discuss this statement giving relevant examples in real life.
In: Economics
combustion engine.
Discuss the thermodynamics of the Otto cycle for a combustion engine.
Why does the efficiency depend on the compression ratio?
What is the problem with that? Why is the Otto cycle better than a steam engine? Or, what is the main innovation
In: Chemistry
Different policies have important dynamic implications, particularly regarding the incentives for innovation. Which type of governmental approach will foster greater incentives to innovate in a beneficial way from the standpoint of decreased environmental and health risks?
In: Economics