Recession- The recession is an opposite of boom stage. The unemployment increase, most of firms are losing confidence and stops invest or expand. They may change their planning and started to survive. The customers are likely to save money then spend and the percentages of loans are high and may increase. Individuals are losing jobs and the government have to spend more money of benefits.
In addition, these invoices should have an adequate e-mail/written audit trail to ensure segregation of duties. With this, the human error factor should be eliminated by 99%, with a higher change that each invoice sent to the customers is completely accurate. If the invoices are compliant that should significantly reduce the risk that sales or cost of goods sold are over/understated, thus giving us an accurate financial depiction. This process should also include the quantity ordered, which also need to be verified by the shipping manager. Each process needs an adequate trail to avoid arithmetical errors or typos.
ACCT 550 Week 7 Homework Chapter 11: E11-4, E11-9, E11-11, E11-17 E11-4 (Depreciation Computations—Five Methods) Wenner Furnace Corp. purchased machinery for $279,000 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $15,000, production of 240,000 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 25,500 units. Instructions From the information given, compute the depreciation charge for 2013 under each of the following methods. (Round to the nearest dollar.)
?? Step Six The greater decline of Profit Margin compared to Gross Profit Margin may have been caused of the increasing expenses over the years. Based on the analysis, Expenses has been increasing, thus reducing Profit. Another important aspect may have been because the Income Tax has been increasing, reducing the profit margin even more. Since Profit Margin are calculated using EBIT, Income Tax plays a great role to affecting the results.
However, pensioners will be hit hard because the extra income they earn from saving will have dramatically reduced, making them worse off. On the other hand, savers may leave the pound for better interest rates in other countries (hot money), causing a fall in the demand for the pound. As a result the value of the pound will fall, making exports cheaper and there will be an injection of net exports. In conclusion, the impact of loose monetary policy will be beneficial to the economy because extra consumption and investment will cause AD to increase which will increase economic growth. However, it takes a long time for changes in interest rates to feed through to consumption and investment and by then the economy may have gotten worse.
1 #2: National Scan, Inc., sells radio frequency inventory tags. Monthly sales ($000) for a seven-month period were as follows: Month Feb Mar Apr May Jun Jul Aug a. Plot the monthly data. Historical Data Sales 19 18 15 20 18 22 20 25 20 15 10 5 0 0 1 2 3 4 Period Sales 5 6 7
https://hwguiders.com/downloads/fin-401-final-exam-solutions FIN 401 Final Exam Solutions 1. Your credit card company charges you 1.5% per month. What is the annual percentage rate (APR) on your account? What is the actual interest rate you pay to the credit card company per year? a. APR is 15%; the actual interest rate is 16.08% b. APR is 16.08%; the actual interest rate is 15% c. APR is 18%;the actual interest rate is 19.56% d. APR is 19.56%; the actual interest rate is18% 2.
About Money. Retrieved from http://retailindustry.about.com/od/retailbestpractices/ig/Company-Mission-Statements/Apple-Inc--Mission-Statement.htm Federal Reserve Bank of San Francisco (FRBSF). (2015). What are the differences between debt and equity markets? Retrieved from http://www.frbsf.org /education/publications/doctor-econ/2005/october/debt-equity-market Kimmel, P. D., Weygandt, J. J., & Kieso, D. E. (2011).
If the government is taking in more taxes than it needs, what should be done? Seems to me that the most sensible thing to do would be to reduce taxes. Others don’t feel the same way. The recent presidential election was a strenuous one filled with controversy and turmoil. The election being so close showed how divided America really is.
National Debt Crisis of the United States The national debt crisis of the United States is a crucial issue and of great concern to the economy. Each year, the debt amounts to a higher percentage of GDP. As we all know, the debt weighs down the economy, and the interest payments are consuming an ever larger share of the national budget. Something must be done to avert this crisis from coming to a realization. We need to begin today, by making spending cuts ACROSS THE BOARD.