1a. Gross Domestic Product measures two things simultaneously; total income through employment and total expenditures on an economy’s outputs. Explain how each of these must be equal for an economy to operate. What happens if either measurement becomes restricted? Does this mean that money must be equally available to everyone? Explain. Your explanation should include a description of the GDP equation and a properly labeled Circular Flow Diagram with each line correctly labeled.
1b. What are the dangers of economic growth expanding too rapidly in the economy? What is the distinction between when these trade-offs are acceptable, and when they will create future economic problems? Your explanation should be supported with the Aggregate Supply and Demand Curve.
In: Economics
| Crops & feed revenue | 145,600 |
| Livestock and livestock product revenue | 215,300 |
| Total nonfarm income | 12,000 |
| Total farm operating expenses | 252,629 |
| Depreciation expense | 50,526 |
| Income tax expense | 10,827 |
| Interest expense | 64,962 |
| Withdrawals for family living | 28,000 |
| Principal payments on unpaid operating debts | 0 |
| Principal payments on current portions of debt & leases | 29,890 |
1) Calculate capital replacement and term debt repayment capacity for LongView Farms.
2) Calculate capital replacement and term debt repayment margin (CRDRM) for LongView Farms.
3) Solve the percent that crop revenue and livestock revenue can decline and still maintain positive CRDRM.
4) Solve the percent operating expenses and interest expenses
can increase and still maintain positive CRDRM.
In: Accounting
On 31 December 2019, income summary account has $5,000,000 debit total and $15,000,000 credit total before tax expense of the year. Corporate Income Tax rate is 15 % and company has to allocate 5% of legal reserves.
Make required journal entries. (10 points)
In: Accounting
On June 30, 2018, Rundle Company’s total current assets were $500,500 and its total current liabilities were $272,500. On July 1, 2018, Rundle issued a short-term note to a bank for $40,400 cash.
Required
Compute Rundle’s working capital before and after issuing the note.
Compute Rundle’s current ratio before and after issuing the note. (Round your answers to 2 decimal places.)
On June 30, 2018, Vernon Company’s total current assets were $501,000 and its total current liabilities were $278,500. On July 1, 2018, Vernon issued a long-term note to a bank for $39,000 cash. Required Compute Vernon’s working capital before and after issuing the note. Compute Vernon’s current ratio before and after issuing the note. (Round your answers to 1 decimal place.)
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In: Accounting
How does the total contribution margin (unit contribution margin x total number of units sold) differ from the gross margin often seen on companies' financial statements?
In: Accounting
Table 3. Correlations Between CSS and HRQoL (n = 91). Total CSSa CSa MFa Total HRQoL PD ED GD Total CSSa 1 CSa 0.92** 1 MFa 0.87** 0.60** 1 Total HRQoL −0.16 −0.01 −0.32** 1 PD −0.21* −0.09 −0.35** 0.93** 1 ED −0.11 −0.03 −0.19 0.77** 0.57** 1 GD −0.08 −0.10 −0.29** 0.93** 0.80** 0.63** 1 Note. CSS = Cardiac Self-Efficacy Scale; CS = Control Symptoms (subscale); MF = Maintain Functioning (subscale); HRQoL = health-related quality of life; PD = physical domain; ED = emotional domain; GD = general domain. a Mean average. *Statistically significant correlation at p < .05 level. **Statistically significant correlation at p < .01 level
In Table 3, list the significant correlations and include the correlation value.
In Table 3, explain the relationship between the Maintain functioning subscale and the physical domain.
In: Statistics and Probability
Selected financial information about Backpacking Resources, Inc., is as follows:
| Total assets | $10,000,000 |
| Total liabilities | $5,000,000 |
| Total preferred stock | $1,000,000 |
| Total annual preferred stock dividends | $70,000 |
| Net profits after tax | $500,000 |
| Number of shares of common stock outstanding | 150,000 shares |
| Current market price of common stock | $48.00 a share |
| Annual common stock dividends | $1.44 a share |
Using the company's financial information, compute the following:
In: Finance
|
Member |
Not a Member |
Total |
|
|
Male |
225 |
158 |
383 |
|
Female |
306 |
112 |
418 |
|
Total |
531 |
270 |
801 |
what is the Calculation. of the test statistic for a Chi-Square test for independence using the chart above?
In: Statistics and Probability
Balance the budget sheet:
Current Assets:
Total Current Assets:
Property and equipment:
Other assets:
Total Assets:
Current liabilities:
Total Current Liabilities:
Total Liabilities:
Share holders equity
Total Liabilities & Share holders Equity:
| Instructions: Please place the following items and amounts in their correct locations on the balance sheet | ||||
| Accounts payable | $30,000 | Accounts receivable | $20,000 | |
| Investments | $10,000 | Common stock | $10,000 | |
| Additional paid-in capital | $20,000 | Prepaid expense | $4,000 | |
| Cash and cash equivalents | $100,000 | Deferred revenue | $2,000 | |
| Notes payable | $10,000 | Inventory | $15,000 | |
| Retained earnings | $197,100 | Intangible assets | $4,000 | |
| Long-term debt | $200,000 | Land | $24,300 | |
| Buildings and improvements | $250,000 | Equipment | $50,000 | |
| Less accumulated depreciation | ($5,000) | Treasury stock | ($2,000) | |
| Less accumulated amortization | ($200) | Accrued expenses | $5,000 | |
In: Finance
The 500 KVA, 69kV/11kV, 60 Hz transformer has total resistance Rp of 100 Ω and total leakage reactance of Xp of 600 Ω. Calculate
The per unit impedance of the transformer in percent (just magnitude)
The voltage regulation of the transformer when it delivers 200 KVA with a lagging power
factor of 90% while the secondary voltage is fixed at 11 kV.
The actual primary voltage V1.
The actual line current I1.
In: Electrical Engineering