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liubo4ka [24]
2 years ago
5

Read the chart. In 2017, the government spent the least amount of money on which discretionary spending category

Business
1 answer:
UNO [17]2 years ago
3 0

In 2017, the government spent the least amount of money on: Health and Human Services Department.

<h3>What is government spending?</h3>

Government spending can be defined as the amount of money government spent to purchase or acquire goods and services or provide services to the people.

Hence, in the year 2017 the government spent the least amount of money on Health and Human Services Department discretionary spending category compare to others department.

Learn more about Government spending here:brainly.com/question/25125137

#SPJ1

 

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The ______________card can be used anywhere.
Assoli18 [71]

Answer:

Multi-purpose credit is the answer

Explanation:

8 0
3 years ago
What is the fourth step in the research process?
nataly862011 [7]
I believe the fourth step is to 'Evaluate Your Sources'. As In for example, writing down all websites you have used to find info for a project.
4 0
3 years ago
Read 2 more answers
Irina's personal-use residence was destroyed in a fire in 2020. The fire was deemed a federally-declared disaster, but it is not
Fofino [41]

Answer:

The answer is the casualty loss deductible is $44,900

Note: Kindly find an attached copy of the complete question stated above

Sources: the complete question was researched from Course hero site

Explanation:

Solution

Given that

Home purchased by Irina =$250,000

House worth before fire incident = $500,000

Worth of house after fore incident =$200,000

The proceeds received from insurance = $200,00

Now what amount an Irina deduct in 2020 as a result of her loss

Thus

Irina has to be allowed casualty loss deduction:

                                                               Personal

(1) Adjusted basis before disaster        $250,000

(2) FMV before casualty                        $500,000

    FMV after damage                            $200,000

(3) Decrease in EMV                              $300,000

    Loss smaller a line                            $250,000

    Less insurance proceed                   $-200,000

    Less: $100 floor for each asset       -$100

    Less: 10% of AGI (500000 * 10%)    -$5000

    The casualty loss deductible            $44,900

Hence the casualty loss deductible is $44,900

Note:

FMV =Fair market value

AGI =Adjusted gross income

EMV =Ending market value

3 0
3 years ago
Meyer Inc produces lampposts using labor (L) and capital (K). Its production function is given by the following expression: Q =m
kykrilka [37]

Answer:

L = 0

K = 535.36

Q = 99,577 units

Explanation:

Q = 118L + 186K  

Budget line: C = L.PL + K.PK

5,889 = 16L + 11K

This is a linear production function, indicating labor and capital are perfect substitutes. Optimal bundle lies on one of the corner points on isoquant.

From budget line,

When L = 0, K = 5,889/11 = 535.36  

Q = 118*0 + 186*535.36 = 0 + 99,576. 96 = 99,577 units

When K = 0, L = 5,889 / 16 = 368.06

Q = 118*368.06 + 11*0 = 45,555.08 + 0 = 45,555 units

So, output is maximized when L = 0 and K = 535.36, since Q = 99,577 units (optimal labor).

Hope this helps!

8 0
3 years ago
Units-of-Production Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is
solmaris [256]

Depreciation Expense  for 2019 is  $10,800 while Depreciation Expense for 2020 is $9,720

Rate of Depreciation = (Cost - Residual Value) ÷useful life  

                                = ($42,000 - $2,000) ÷ 150,000 miles  

                                 = $0.27

Depreciation Expense = Rate of Depreciation x unit of miles during the period

So,  

Depreciation Expense  for 2019 = $0.27 x 40, 000  

                                                =   $10,800

Depreciation Expense for 2020 = $0.27 x 36,000  

                                               = $9,720

Journal entries to record depreciation expense

Date       Account titles and explanation      Debit                 Credit

2019          Depreciation Expense                   $10,800

    Accumulated Depreciation                                                $10,800

Date       Account titles and explanation      Debit                 Credit

2020        Depreciation Expense                   $9,720

    Accumulated Depreciation                                                $9,720

See similar questions here: brainly.com/question/22525382

8 0
3 years ago
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