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Stells [14]
1 year ago
9

More than one-third of the revenues in the texas budget each year come from federal dollars that flow into the state to be prima

rily used in which areas?
Business
1 answer:
wlad13 [49]1 year ago
7 0

More than one-third of the revenues in the Texas budget each year come from federal dollars that flow into the state to be primarily used in areas that include grants, payments, and reimbursements.

The Texas budget includes federal funds for programs for public assistance. Direct payments to people from the federal government. Vendor payments for completing federal contracts wages given to federal workers who are employed in the state.

Tax receipts, license fees, federal assistance, and investment returns provide for the majority of revenues. Spending on government salaries, transportation, infrastructure, public assistance, public pensions, education, Medicaid, and  corrections are a few examples of expenses.

To learn more about federal funds here

brainly.com/question/17080278

#SPJ4

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The pier import store has cash of $34,600 and accounts receivable of $54,200. the inventory cost $92,300 and can be sold today f
VikaD [51]

The book value of the company’s assets is the sum of the values of individual assets entered in the books of the company. The following would be its book value:

Cash                                                                                      $34,600

Accounts receivable                                                              $54,200

Inventory                                                                               $92,300

Fixed assets                                                                          $234,500

Accumulated depreciation of fixed assets                            ($107,900)

Total book value of the assets of the firm                             $307,700

7 0
3 years ago
Hunkins Corporation has provided the following data concerning last month's operations. Purchases of raw materials $ 33,000 Indi
nalin [4]

Answer:

Cost of goods manufactured $ 159,000

Explanation:

Direct materials:

Beginning raw materials inventory $ 14,000

Add: Purchases of raw materials 33,000

Total raw materials available 47,000

Less: Ending raw materials inventory 20,000

Raw materials used in production 27,000

Less: Indirect materials included in manufacturing overhead 4,000 23,000

Direct labor 58,000

Manufacturing overhead cost applied to work in process 91,000

Total manufacturing costs 172,000

Add: Beginning work in process inventory 57,000

Total 229,000

Less: Ending work in process inventory 70,000

Cost of goods manufactured $ 159,000

Therefore the direct materials cost for the month on the Schedule of Cost of Goods Manufactured is $159,000

8 0
3 years ago
The premium on a put option on the market index with an exercise price of 1050 is $9.30 when originally purchased. At expiration
lianna [129]

Answer:

The put payoff = $1,072 - $1,050 = $22  per share

Explanation:

The put payoff is simply the difference between the spot price and the exercise price.

To determine the real profit obtained in this transaction we would need to know the investor's return rate. One of the basic pillars in finance it that $1 today is worth more than $1 tomorrow. We need a return rate to adjust the premium paid, for example if the return rate = 6%, then the premium would have been $9.30 x (1 + 6%/12)² = $9.30 x 1.005² = $9.39

profit = number of shares x (put payoff - adjusted premium)

5 0
3 years ago
MNCs can use their global presence toa. take advantage of underpriced labor services available in certain developing countries.
denis23 [38]

Answer:

a. take advantage of underpriced labor services available in certain developing countries.

b. gain access to special R&D capabilities residing in advanced foreign counties.

c. boost profit margins and create shareholder value.

d. avoid regulations and lower tax burdern

Explanation:

Multinational corporation is a company that operates locally in its home country and also aborad. It usually maintains a central office that coordinates business activities.

MNCs have various advantages which includes:

- taking advantage of lower priced labour in developing countries, for example some companies take advantage of cheap labour in China to produce their goods.

- when a company operates in an advanced economy it will take advantage of research and development there.

- regulations and tax burdens can be avoided by setting up manufacturing plants in countries with low regulatory policies.

- MNCs boost shareholder profits by taking advantage of their multiple locations to gain more profits.

7 0
3 years ago
Read 2 more answers
The average cost of production for a bottle of water in the industry is 0.20 cents while its average price is 0.50 cents. Water
UkoKoshka [18]

Answer: A. It has a competitive advantage in the industry

Explanation:

From the question, we are informed that the average cost of production for a bottle of water in the industry is 0.20 cents while its average price is 0.50 cents and that Water Inc. manufactures the same product for 0.10 cents while its average price is 0.40 cents.

The scenario shows that Water Inc has a competitive advantage in the industry. This is seen as the bottle of water is produced at a cheaper cost wen compared to its rivals.

7 0
3 years ago
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