In: Economics
If the government wants to increase the amount of savings in the economy,how should it alter government spending?What effect will this action have on the interest rate in the economy?(Use the appropriate graph to help demonstrate the effect.)
In: Economics
True/False. Explain.
a. In the aggregate expenditure model, the reason an economic can enter a recession is that spending falls.
b. The classical assumption that labor markets clear makes it difficult for that model to explain recessions.
In: Economics
What are the various types of taxes used by governments? Who are the actors that make funding decisions? How are they accountable to the public? How does the public influence this process? Why is taxing and spending so controversial?
In: Accounting
If some shareholders complained that you and your co-managers have not been spending enough money on social responsibility and corporate citizenship, what would you tell them? Respond in 150 words.
In: Operations Management
Explain crowding out of investment via increased government spending using both the AD-AS framework and closed-economy loanable funds simultaneously, drawing both the short-run and long-run equilibria.?
In: Economics
The diabetic patient needs a complex carbohydrate diet. Know what foods are included in a complex carbohydrate diet.
Are patient with type 1 diabetes insulin dependent for the duration of their lives.
Know that tests used for blood sugar levels
What is the most common form of diabetes
Know the normal limits for glucose.
Understand the treatment for type 2 diabetes
Know the signs of hypoglycemia
Understand the food exchange system
Know what actions to take when using multi-dose vials.
Know the puncture sites for checking blood glucose
Know the symptoms of diabetes.
What is the most common endocrine disorder in the U.S?
Know what to teach the patients about foot care related to diabetes
Understand hyperglycemia
Understand that wiping the first drop of blood away during a capillary stick is important because the first drop usually contain additional fluid with some blood.
What is the best angle or inserting a needle for a subcutaneous injection
Hypoparathyroidism does not cause Diabetes mellitus
What is Insulin?
Know what instructions to give patients self-injecting insulin
Understand the symptoms of diabetes
Know what it means to count carbs.
In: Nursing
Question: Problem 20-4B Manufacturing: Preparation of a complete master budget P1 P2 P3 The management of N... Using an "EXCEL" spreadsheet, create budgets (Items 1-9). Problem 20-4B Manufacturing: Preparation of a complete master budget P1 P2 P3 The management of Nabar Manufacturing prepared the following estimated balance sheet for June, 2015: NABAR MANUFACTURING Estimated Balance Sheet June 30, 2015 Assets Liabilities and Equity $ 40,000 ...249.900 35,000 Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciacion.... Equipment, net Accounts payable Income taxes payable. Short-torm notes payable Total current liabilities Long-term note payable Total liabilities Common stock Retained earnings Total stockholders equity Total labilities and equity $ 51,400 10,000 24,000 85,400 300,000 385,400 600,000 60,580 660.580 $1,045,980 565.980 720,000 240,000) 480,000 Total assecs 51.045,980 To prepare a master budget for July, August, and September of 2015, management gathers the following information: a. Sales were 20,000 units in June. Forecasted sales in units are as follows: July, 21,000; August, 19,000; September, 20,000; October, 24,000. The products selling price is $17 per unit and its total product cost is $14.35 per unit b. Company policy calls for a given months ending finished goods inventory to equal 70% of the next months expected unit sales. The June 30 finished goods inventory is 16,800 units, which does not comply with the policy. c. Company policy calls for a given months ending raw materials inventory to equal 20% of the next months materials requirements. The June 30 raw materials inventory is 4,375 units (which also fails to meet the policy). The budgeted September 30 raw materials inventory is 1,980 units. Ravw materials cost $8 per unit. Each finished unit requires 0.50 units of raw materials. d. Each finished unit requires 0.50 hours of direct labor at a rate of $16 per hour. e. Overhead is allocated based on direct labor hours. The predetermined variable overhead rate is f. Monthly general and administrative expenses include $9,000 administrative salaries and 0.9% g. Sales representatives, commissions are 10% of sales and are paid in the month of the sales. The h. The company expects 30% of sales to be for cash and the remaining 70% on credit. Receivables i. All raw materials purchases are on credit, and no payables arise from any other transactions. One J. Dividends of $20,000 are to be declared and paid in August. $2.70 per direct labor hour. Depreciation of $20,000 per month is treated as fixed factory overhead. monthly interest on the long-term note payable. sales managers monthly salary is $3,500 per month. are collected in full in the month following the sale (none are collected in the month of the sale) months raw materials purchases are fully paid in the next month. k. Income taxes payable at June 30 will be paid in July. Income tax expense will be assessed at 35% in the quarter and paid in October I. Equipment purchases of $100,000 are budgeted for the last day of September. m. The minimum ending cash balance for all months is $40,000. If necessary, the company borrows enough cash using a short-term note to reach the minimum. Short-term notes require an interest payment of 196 at each month-end (before any repayment). If the ending cash balance exceeds the minimum, the excess will be applied to repaying the short-term notes payable balance. Required Prepare the following budgets and other financial intormation as required. All budgets and other financial information should be prepared for the third calendar quarter, except as otherwise noted below. Round calculations to the nearest whole dolla 1. Sales budget. 2. Production budget. 3. Raw materials budget. 4. Direct labor budget. 5. Factory overhead budget. 6. Selling expense budget 7. General and administrative expense budget. 8. Cash budget. 9. Budgeted income statement for the entire quarter (not for each month separately) Show transcribed image text Problem 20-4B Manufacturing: Preparation of a complete master budget P1 P2 P3 The management of Nabar Manufacturing prepared the following estimated balance sheet for June, 2015: NABAR MANUFACTURING Estimated Balance Sheet June 30, 2015 Assets Liabilities and Equity $ 40,000 ...249.900 35,000 Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciacion.... Equipment, net Accounts payable Income taxes payable. Short-torm notes payable Total current liabilities Long-term note payable Total liabilities Common stock Retained earnings Total stockholders' equity Total labilities and equity $ 51,400 10,000 24,000 85,400 300,000 385,400 600,000 60,580 660.580 $1,045,980 565.980 720,000 240,000) 480,000 Total assecs 51.045,980 To prepare a master budget for July, August, and September of 2015, management gathers the following information: a. Sales were 20,000 units in June. Forecasted sales in units are as follows: July, 21,000; August, 19,000; September, 20,000; October, 24,000. The product's selling price is $17 per unit and its total product cost is $14.35 per unit b. Company policy calls for a given month's ending finished goods inventory to equal 70% of the next month's expected unit sales. The June 30 finished goods inventory is 16,800 units, which does not comply with the policy. c. Company policy calls for a given month's ending raw materials inventory to equal 20% of the next month's materials requirements. The June 30 raw materials inventory is 4,375 units (which also fails to meet the policy). The budgeted September 30 raw materials inventory is 1,980 units. Ravw materials cost $8 per unit. Each finished unit requires 0.50 units of raw materials. d. Each finished unit requires 0.50 hours of direct labor at a rate of $16 per hour. e. Overhead is allocated based on direct labor hours. The predetermined variable overhead rate is f. Monthly general and administrative expenses include $9,000 administrative salaries and 0.9% g. Sales representatives, commissions are 10% of sales and are paid in the month of the sales. The h. The company expects 30% of sales to be for cash and the remaining 70% on credit. Receivables i. All raw materials purchases are on credit, and no payables arise from any other transactions. One J. Dividends of $20,000 are to be declared and paid in August. $2.70 per direct labor hour. Depreciation of $20,000 per month is treated as fixed factory overhead. monthly interest on the long-term note payable. sales manager's monthly salary is $3,500 per month. are collected in full in the month following the sale (none are collected in the month of the sale) month's raw materials purchases are fully paid in the next month. k. Income taxes payable at June 30 will be paid in July. Income tax expense will be assessed at 35% in the quarter and paid in October I. Equipment purchases of $100,000 are budgeted for the last day of September. m. The minimum ending cash balance for all months is $40,000. If necessary, the company borrows enough cash using a short-term note to reach the minimum. Short-term notes require an interest payment of 196 at each month-end (before any repayment). If the ending cash balance exceeds the minimum, the excess will be applied to repaying the short-term notes payable balance. Required Prepare the following budgets and other financial intormation as required. All budgets and other financial information should be prepared for the third calendar quarter, except as otherwise noted below. Round calculations to the nearest whole dolla
1. Sales budget.
2. Production budget.
3. Raw materials budget.
4. Direct labor budget.
5. Factory overhead budget.
6. Selling expense budget
7. General and administrative expense budget.
8. Cash budget.
9. Budgeted income statement for the entire quarter (not for each month separately)
In: Accounting
Consider a high school student who is given $3 every school day by her parents as “lunch money”. The student works a part time job after school, earning a small amount of “spending cash”. In addition to her lunch money, the student spends $5 from her own earnings each week on lunch. Suppose her parents reduced her lunch money by $2 per day but that she simultaneously receives a $10 per week raise at her job, requiring no extra effort on her part.
What would the rational choice model suggest should happen to her spending on lunch?
Alternatively, what does the mental accounting framework predict?
In: Economics
The topic of this paper is how to fix the 2008 reccession using fiscal policy. Below are my notes, and I need help transforming them into a full on paragraph.
Please formulate a paragraph based on my notes.
Recommended Fiscal Policy Instruments and Actions, expected results/rationale
Taxation: To promote consumer spending and boost the manufacturing activity, there should be some relaxation given by the government in tax structure.
Government spending: Economy is in a very bad shape. To recover from the same, Government should give some subsidies and relaxation to boost the consumption and promote the manufacturing and entrepreneurial activity.
Certain unemployment bonus to be given to the public.
To boost the entrepreneurial activity, subsidies should be given in setting up the enterprise.
In: Economics