Answer:
The correct answer is letter "E": Normative.
Explanation:
Normative Economics incorporates <em>subjectivity </em>and <em>value judgments</em> focusing on what "<em>should be</em>". It is usually implemented at the governmental level. Normative Economics leaves the door open for future changes, eliminates absolute statements and provides an avenue for analysis of different economic scenarios.
The United States has issued a variety of currency notes for use in paying income tax, making investments, and making purchases from colonial to current times. Alexander Hamilton establishes the Bank of the United States in order to create a system of credit for the government.
<h3>What does an increase in labor efficiency mean?</h3>
favorable change If the labor efficiency variance is in the company's favor, it means that the workforce is operating as it should and that the number of hours it spends producing is in line with the business's planned criteria.
<h3>What do the symbols on Continental currency designs represent?</h3>
In a number of designs of Continental Currency, the thirteen colonies that battled and vanquished Great Britain during the American Revolution are shown. These representations represent the aspirations and virtues of the colonies.
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Answer:
65000 units
Explanation:
Given:
Expected sales of product W in April = 60000 units
Expected sales of product W in May = 75000 units
Expected sales of product W in June = 70000 units
Inventory in hand at the end of each month = 40% of the next month's expected sale
Inventory expected at the end of the April = 40% of the expected sales in May
or
Inventory expected at the end of the April = 0.4 × 75000 = 30000 units
Therefore, the total units required in April = Expected sales of product W in April + Inventory expected at the end of the April
or
the total units required in April = 60000 + 30000 = 90000 units
Now,
Excessive production in March (inventory) = 25000 units
Hence, the units required to be produced in April = the total units required in April - Excessive production in March (inventory)
or
the units required to be produced in April = 90000 - 25000 = 65000 units
Answer:
61,198.47
Explanation:
First we solve for the present value of the note receivables at January 1st, 2021 As we are asked for the interest revenue on the 2021 incoem statment
Maturity $750,000.00
time 2.00
rate 0.10000
PV 619,834.7107
now, we calcualte the interest considering the 10% implicit interest
619,834.7107 x 0.10 = 61,198.47
This will be the interest revenu for the year 2021