Answer: less, less
Explanation: considering the relationship that exist between the price level and the quantity of money that people demand. The lower the price level, the less money the typical transaction requires, and the less money people will wish to hold in the form of currency or demand deposits.
Answer:
The correct answer is option C.
Explanation:
Dividend distribution in the first year = 120,000 shares of outstanding common stock
Each right was exercisable.
Though none of the rights have been exercised.
The shares have been redeemed by paying each stockholder=$0.10/right
Reduction in the West's stockholder's equity
=Number of shares*amount paid for redemption
=120,000*$.10
=$12,000
So, option C is the right answer.
Fixed costs are costs that remain the same in total dollar amount as the activity base changes. vary with the costs of the activity. Read below on fixed costs.
<h3>What are fixed costs?</h3>
Fixed costs are costs that remain the same in total dollar amount as the activity base changes. Cost per unit changes inversely to changes in the activity base. Total cost remains the same regardless of changes in the activity base.
Therefore, the answer is option A. vary with the costs of the activity.
learn more about fixed costs: brainly.com/question/3636923
Answer:
Annual depreciation= $197,000
Explanation:
Giving the following information:
Purchasing price= $1,040,000
Residual value= $55,000
Useful life in years= 5
<u>Under the straight-line method, the annual depreciation is the same during the useful life of the machine. To calculate the annual depreciation, we need to use the following formula:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (1,040,000 - 55,000)/5= $197,000
