The economy of Euphoria has the following economic data.

1. Production costs are costs of raw materials, wages, capital goods and services.
2. Productivity index relates to all production inputs.

Examine the data relating to the economy of Euphoria above and answer the following questions.

Q1. What phase of the business cycle was the economy in 2018? Briefly give two reasons for your answer.                                                                                              

Q2. What was the likely cause of the change in the unemployment rate in 2018? What type of unemployment is likely to exist in Euphoria in 2018? Explain your answer.         

Q3. Identify and explain the likely cause of inflation / deflation in 2018?

Include in your answer the contribution that export and import prices made to inflation /   deflation in 2018.        

1. , during the economic downturn of 2008-2009, the Federal Reserve
A. explicitly set its target rate of inflation at zero.
B. explicitly set its target rate of inflation well above zero.
C. took the unusual step of using open-market operations to purchase mortgages and corporate debt.
D. used open-market operations to purchase mortgages and corporate debt, just as it frequently does even when the economy is functioning normally.
E. reduced taxes to stimulate business and consumer spending.

2. which of the following statements is (are) correct?
A. Fiscal policy refers to changes in aggregate demand caused by changes in government spending or taxes
B. An example of fiscal policy is an act of Congress that raises the minimum wage.
C. A purchase of bonds by the Fed is an example of an expansionary fiscal policy because it is an increase in government purchases of goods and services.
D. All of the above are correct.
E. A and B, only

Which of the following statements is (are) correct?
(x) If households view a tax cut as being temporary, the tax cut has more of an effect on aggregate demand than if households view it as permanent.
(y) A decrease in taxes is an example of an expansionary fiscal policy and that policy will probably cause the aggregate demand curve to shift to the right.
(z) An increase in government purchases coupled with a decrease in taxes is an expansionary fiscal policy that will increase the budget deficit.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only.
E. (x) only

A project has the following projected financial data for its first year of operation. ITEM AMOUNT Sales $500,000 Cost of Goods $200,000 Other expenses $100,000 Depreciation $50,000 Investment in NWC $20,000 Investment in Gross PPE $0 Interest Expense $40,000 If the tax rate for the firm is 30%, what is the project cash flow for the first year based on this information? Question 10 options: $75,000 $107,000 $135,000 $155,000 $205,000

Suppose you were given an opportunity to own a business of your choosing. First, briefly describe your business; then explain the most efficient way to raise capital to either start or expand your business. Provide support for your response.

Please Note- You just need to choose one way, and explain why the option selected is most efficient. Also, state whether capital is for starting or expanding the business.

Equipment that is purchased for $12,000 now is expected to be sold after ten years for $2,000. The estimated maintenance is $1,000 for the first year, but it is expected to increase $200 each year thereafter. The effective annual interest rate is 10%.

6. The present worth is most nearly:

(A) $16,000 (B) $17,000 (C) $21,000 (D) $22,000

7. The annual cost is most nearly: (A) $1,100

(B) $2,200 (C) $3,600 (D) $3,700

• Given P(a,b,c,d)=∑(1,3,8,9,10,11,12,14,15).
  • Determine P as a most simplified SOP
  • Determine P’ as a most simplified SOP
• Generate gate diagrams of P and P’ from the first bullet
• Implement P’, by converting each of the gate diagrams from above to only 2-input Nand gates. Do realize that a Nand equivalent of invertor must be added to the output for P to create P’.
• (its is one question)

Java

Starter Code:

The beginning inventory at Midnight Supplies and data on purchases and sales for a three month period ending March 31 are as follows:

1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in

Exhibit 3

, using the first-in, first-out method. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column.

2. Determine the total sales and the total cost of goods sold for the period. Journalize the entries in the sales and cost of goods sold accounts. Assume that all sales were on account and date your journal entry March 31. Refer to the Chart of Accounts for exact wording of account titles.

Question not attempted.

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JOURNAL

ACCOUNTING EQUATION

Score: 0/51

3. Determine the gross profit from sales for the period.

Prepare adjusted journal entries and an income statement:

Problem 4-6A

Roadside Travel Court was organized on July 1, 2016, by Betty Johnson. Betty is a good manager but a poor accountant. From the trial balance prepared by a part-time bookkeeper, Betty prepared the following income statement for her fourth quarter, which ended June 30, 2017.

Betty suspected that something was wrong with the statement because net income had never exceeded $30,000 in any one quarter. Knowing that you are an experienced accountant, she asks you to review the income statement and other data.

You first look at the trial balance. In addition to the account balances reported above in the income statement, the trial balance contains the following additional selected balances at June 30, 2017.

You then make inquiries and discover the following.