Kangaroo Company signed a three-month, 8% note on November 1, 2019 for the purchase of $120,000 of inventory. Assuming the company’s accounting period ends on December 31, which one of the following statements is not correct? Select one: A. On December 31, 2019, the company will credit Interest Payable for $1,600 B. On December 31, 2019, the company will debit Interest Expense for $1,600 C. On February 1, 2020, the company will debit Interest Payable for $1,600 D. On February 1, 2020, the company will debit Interest Expense for $1,600

Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)

Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.