JC

Jared Caesar Nacion

Answers

JC

Answered

Taxes, tradable pollution permits, and direct regulation of pollution are all market approaches to dealing with pollution.

On Jul 21, 2024


False
JC

Answered

Which of the following is Section 1231 property?

A) Inventory.
B) Copyright owned by the author.
C) A building used in a trade or business,held for more than one year
D) Accounts receivable.

On Jul 18, 2024


C
JC

Answered

A British importer buying American wheat would pay for his purchases in _________.

On Jun 20, 2024


dollars
JC

Answered

This information is available for Sheena's Photo Corporation for 2016 and 2017. 2016‾2017‾ Beginning inventory $200,000$300,000 Ending inventory 300,000365,000 Cost of goods sold 1,200,0001,330,000 Sales revenue 1,600,0001,900,000\begin{array} { l r r } &\underline { 2016 } & \underline { 2017 } \\\text { Beginning inventory } & \$ 200,000 & \$ 300,000 \\\text { Ending inventory } & 300,000 & 365,000 \\\text { Cost of goods sold } & 1,200,000 & 1,330,000 \\\text { Sales revenue } & 1,600,000 & 1,900,000\end{array} Beginning inventory  Ending inventory  Cost of goods sold  Sales revenue 2016$200,000300,0001,200,0001,600,0002017$300,000365,0001,330,0001,900,000 Instructions
Calculate inventory turnover days in inventory and gross profit rate for Sheena's Photo Corporation for 2016 and 2017. Comment on any trends.

On Jun 17, 2024


  The inventory turnover decreased by approximately 17% from 2016 to 2017 while the days in inventory increased by 20% over the same time period. Both of these changes would be considered negative since it's better to have a higher inventory turnover and lower days in inventory. However Sheena's Photo gross profit rate increased by 20% from 2016 to 2017 which is a positive sign. The inventory turnover decreased by approximately 17% from 2016 to 2017 while the days in inventory increased by 20% over the same time period. Both of these changes would be considered negative since it's better to have a higher inventory turnover and lower days in inventory. However Sheena's Photo gross profit rate increased by 20% from 2016 to 2017 which is a positive sign.
JC

Answered

A supply-side economist would recommend a cut in marginal tax rates on capital gains and on investment expenditures

A) When the economy is in a recession.
B) If government spending is cut by an equal amount.
C) If it is judged that the resulting deficit will not crowd out very much investment.
D) Regardless of the state of the economy or other policies.

On May 21, 2024


D
JC

Answered

Which of the following statements is true of organizational strategies and goals?

A) They are independent of an organization's structure.
B) They do not influence organizational design.
C) They provide employee direction and criteria for performance.
D) They remove the scope for any environmental uncertainty.

On May 18, 2024


C