1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dimaraw [331]
2 years ago
5

Why did the Confederation Congress have trouble meeting its financial obligations needed to fund government business

Business
1 answer:
Lina20 [59]2 years ago
7 0

Because it did not have the power to levy taxes.

<h3>What is levy taxes?</h3>

A levy is the formal taking of your assets to pay off a tax debt. Liens are distinct from levies. A levy actually takes the property to pay the tax bill, whereas a lien only makes a legal claim against the property to secure payment of the tax debt.

Why did the Confederation Congress have trouble meeting?

The Confederation Congress struggled to satisfy its financial responsibilities needed to sustain government operations because it lacked the authority to charge taxes.

Learn more about levy taxes here brainly.com/question/2631725

#SPJ4

You might be interested in
Cuso Company purchased equipment on January 1, 2016, at a total invoice cost of $400,000. The equipment has an estimated salvage
grigory [225]

Answer:

D. $156,000

Explanation:

Cost = $400,000

Residual value = $10,000

Useful life = 5 years

Now,

Annual straight line depreciation = \frac{Cost-Residual Value}{Useful life}  

Annual straight line depreciation = \frac{400,000 - 10,000}{5}  

Annual straight line depreciation = \frac{390,000}{10}  

Annual straight line depreciation = $78,000

Annual depreciation expense is transferred to the accumulated depreciation. Thus, accumulated depreciation is sum of depreciation expense charged over the useful life of the asset.

Depreciation table has been constructed to compute the accumulated depreciation on 31st December 2017.

5 0
3 years ago
An office building has $66,000 of net income and sold for $550,000. What was the rate of return? 12% 8.3% 10% 11.1%
spayn [35]

Answer:

8,3

Explanation:

its less then 10%

5 0
3 years ago
Read 2 more answers
According to Douglas McGregor, team members that require supervision, direction and threat of punishment for non-compliance are
antoniya [11.8K]

Answer:

Theory X employees

Explanation:

Douglas McGregor formulated or constructed Theory X as well as Theory Y, which suggest or states two aspects of human behaviour at the work.

In short, 2 different views of the employees or individuals, one which comprise of negative aspects or views is the Theory X, and other one is Theory Y, which comprise of the positive aspects and the views of the people and employees.

So, in this case, the team members who need the supervision, threat of punishment and direction for the non - compliance will be the Theory X employees as it contain the negative aspects.

5 0
3 years ago
Mars Inc. produces 100,000 boxes of Snickers bars which sell for $4 a box. If variable costs are $3 per box, and it has $150,000
IceJOKER [234]

Answer:

It should continue the production in the short-run.

Explanation:

Given the unit produced by Mars Inc. = 100000 boxes.

The selling price of boxes = $4 per box.

The variable costs = $3 per box.

The fixed costs = $150000

The total sales revenue = number of boxes × selling price

= 100000 × 4

= $ 400000

In the short run, the firm should continue its production because it still covers the variable costs.

8 0
3 years ago
Which of the following is NOT a type of bank?
tensa zangetsu [6.8K]
The answer is b-savings back

6 0
3 years ago
Read 2 more answers
Other questions:
  • Arbitration places a dispute before a third party for a binding settlement. true or false
    11·1 answer
  • When costs can be traced to a particular cost object in an economically feasible way, the cost is a:
    7·1 answer
  • The law of comparative advantage indicates thata. specialization and exchange will permit trading partners to maximize their joi
    5·1 answer
  • Managers can achieve effective cross-cultural interaction by ________.
    14·1 answer
  • Northern purchased the entire business of Southern including all its assets and liabilities for $2,400,000 on December 31, 2021.
    11·1 answer
  • Using the information provided below and assuming the cash flows occur at a constant rate each year, calculate the discounted pa
    14·1 answer
  • It is desired to partition customers into similar groups on the basis of their demographic profile. Which data mining problem is
    7·1 answer
  • QS 8-1 Cost of plant assets LO C1 Kegler Bowling buys scorekeeping equipment with an invoice cost of $190,000. The electrical wo
    15·1 answer
  • Monica spent a lot of time preparing for her interview, but the hiring manager is not asking any of the questions she practiced.
    13·1 answer
  • What is the ending balance on the statement of changes in owner's equity for this data?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!