J.M Keynes is credited with three major changes to the Classical
model which among other things made the determination of real
output and employment dependent on fiscal policy (G*,T*):
(1) He introduced an liquidity motive for holding money;
(2) he introduced wage/price stickiness;
(3) he employed the consumption function in a new way.
A. Explain how (1)-(3) led to the conclusion that
fiscal policy could have impact on real output and employment
(which the Classical theory had said could not happen).
B. In your opinion (that means there is not necessarily
a “correct” answer), which would you argue is the most important
“Keynesian” feature—i.e., (1), (2), or (3)—making real output and
employment to depend on fiscal policies?
In: Economics
summarize steps that people can take to live a more sustainable lifestyle and what major changes should be made in their lives to live more healthfully when it comes to nutritional choices.
In: Biology
Due to recent changes in audit standards, external auditors are relying on internal audit functions more often. Please discuss ways that external auditors can assess the effectiveness of the internal audit function.
In: Accounting
1- What’s fitness? Explain in detail
2- What are the physiological changes related to good fitness level? Explain each of them in detail
3- How does physical activity and exercise affect your blood pressure and heart rate? Explain in detail
4- What do the body use for energy in the early stages of exercise? Explain in detail
5- When and how does the body starts using fat as energy?
6- What happen when the body gets depleted of glucose for energy?
In: Biology
Prepare multiple step income statement and statement of changes in owner's equity for the month
Jan-31 the JW-Corp Recorded the Income Tax Payable for the Month, which is 40% of Net Income
In: Accounting
Explain how investors react to changes in a company’s dividend payout policy. Discuss what a
firm’s payout policy indicates about the financial status of a company. Discuss how taxes impact
an investor’s desire for dividends. In the long-term, how does a company’s payout policy impact
the value of an investor’s portfolio (disregarding taxes)?
In: Finance
5. Describe how the electrochemical gradient generated during the electron- transport chain changes the conformation of the ATP Synthase, enabling it to catalyze the covalent attachment of Pi to ADP to form ATP.
In: Biology
| The following changes took place last year in Pavolik Company’s balance sheet accounts: |
| Asset and Contra-Asset Accounts | Liabilities and Equity Accounts | ||||||
| Cash | $ | 8 | D | Accounts payable | $ | 26 | I |
| Accounts receivable | $ | 12 | I | Accrued liabilities | $ | 12 | D |
| Inventory | $ | 34 | D | Income taxes payable | $ | 17 | I |
| Prepaid expenses | $ | 7 | I | Bonds payable | $ | 108 | I |
| Long-term investments | $ | 9 | D | Common stock | $ | 48 | D |
| Property, plant, and equipment | $ | 215 | I | Retained earnings | $ | 46 | I |
| Accumulated depreciation | $ | 46 | I | I- increase D-decrease | |||
| Long-term investments that had cost the company $9 were sold during the year for $22, and land that had cost $21 was sold for $12. In addition, the company declared and paid $6 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock. | |||||||
The company’s income statement for the year follows:
| Sales | $ | 660 | ||
| Cost of goods sold | 278 | |||
| Gross margin | 382 | |||
| Selling and administrative expenses | 300 | |||
| Net operating income | 82 | |||
| Nonoperating items: | ||||
| Loss on sale of land | $ | (9) | ||
| Gain on sale of investment | 13 | 4 | ||
| Income before taxes | 86 | |||
| Income taxes | 34 | |||
| Net income | $ | 52 | ||
| The company’s beginning cash balance was $104 and its ending balance was $96. |
1. Using the indirect method, determine the net cash provided by / used in operating activities for the year.
2.
|
Prepare a statement of cash flows for the year |
In: Accounting
CHILD’S PLAY (B)
Diana Suares is aware that unless the company changes its strategy in some way, its operations in 2017 will be unprofitable. Alternative marketing plans for 2017 are summarized below.
Plan A: Cut price
At the present time we price the product to retailers at $8.00 per rattle. Retailers generally charge the consumers between $9.00 and $9.50. If we cut our price to retailers to $7.50, I expect that the product will do much better. Their increased markup will give them the incentive to display our product more prominently and to promote it more vigorously to customers. We should support this strategy by supplying more promotional materials to retailers, at least another $200 worth to each of our 23 retailers. I expect that we will be able to boost our sales volume by as much as 30 percent.
Plan B: Better packaging
We have a well-designed, safe product which should be very appealing to affluent parents. However, our packaging appears cheap and unattractive. Some of our retailers feel that our product seems out of place in their store. If we improve our packaging, we should be able to boost sales. We have worked with our regular supplier to develop a new type of package that should boost sales by anywhere from 20 to 30 percent. They are willing to supply us the new packaging for $1.25 per unit.
Required
1. Prepare an income statement for 2017, using the contribution format under Plan A. Ignore income taxes.
2. What is the profit equation (as a function of volume) under Plan (A)? Plan (B)?
Profit = Unit CM * Quantity – Fixed Expenses.
Plan A profit = (2.95*390,000)-508,600
=641,900
Plan B Profit = (2.25*390,000)-508,600
=368,900
3. (a) There is one volume of sales at which both marketing plans give identical income (or loss). What is this volume?
(b) Which plan would give higher income if the volume is (i) above and (ii) below the volume calculated in part (a). Why?
4. Donn Capp, the CFO, suspects that indirect labor costs, which the company has traditionally viewed as being variable, may actually be a mixed cost. In March 2016 when the production volume was at a low of 15,000 units, the indirect labor cost was $4,000. In September 2016 when production volume was at its highest level (40,000 units), the indirect labor cost was $9,000. What would be your estimate of the total indirect labor cost for the year under Plan A (i.e. for 390,000 units)? Assume the cost would be unaffected by inflation.
Can you guys let me know if its correct. Also can you help me with the rest, for study material
Thank You
In: Accounting
Give 10 nursing intervention with rationale.
Nursing Diagnosis: Disturbed sensory perception related to changes in the eyes due to aging as evidenced by blurring of vision
|
NURSING INTERVENTION |
RATIONALE |
|
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. |
In: Nursing