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If in the United States vast increases to exports led to a trade surplus, and tax revenues from the incomes of wealthy exporters led the government to begin running a surplus, how would this affect leakages and injections? Illustrate the changes with a circular flow diagram.
The firm is liquidated, and $288,000 in cash is received for the noncash assets. Dolson and Meier income ratios are 60% and 40%, respectively. Prepare a cash distribution schedule.
If the beginning balance in OAA is $3,900, and the following transactions occur, what is the ending OAA balance?
A corporation that has both preferred and common stock has a deficit in accuulated earnings and profit at the beginning of the year. The current earnings and profits are $25,000.
Metro Express has 5 sales employees, each of whom earns $4,000 per month and is paid on the last working day, of the month. Each employee, wages are subject to FICA social security taxes of 6.2% and Medicare taxes of 1.45% on all wages.
which of the following is a characteristic of an efficient market?a. small number of individuals.b.
At the end of each quarter, Patti deposits $500 into an account that pays 12% interest compounded quarterly. How much will Patti have in the account in three years?
Forecast the demand for the week of October12 using a 3-week moving average. Compute the forecast for the week of October12 using exponential smoothing with a forecast for August 31 of 360
The Bay Fig Corporation has a $350,000 gain from operations for 2009, and dividends of $100,000 received from 30%-owned domestic corporations. How much is the Bay Fig Corporation's dividends received deduction for 2009?
the pizza company makes two types of frozen pizzas pepperoni and cheese. the pizza company allocates overhead to these
the principal difference between a merchandising and a manufacturing income statement is thea extraordinary item
on january 1, 2011, Sesame revised these estimates to a total useful life of 4 years and a salvage value of $10,000. Prepare Sesame's enty to record 2011 depreciation expense.
In 2008, Wishbone Corporation had an operating profit of $750,000 and a residual income of $300,000. If Wishbone's cost of capital is 15%, what is the amount of the invested capital? (Ignore taxes)
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