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1 year ago

If implemented, the southern alliance's proposed "subtreasury system" would have eased the farm debt crisis by?

1 answer:

4 0

The sub-treasury plan, the federal government would hold crops in public warehouses and issue loans on their value until they could be profitably sold.

<h3>Why did Farmers face an increasing debt load in the late 1800s?</h3>

They were caught between increased costs and falling prices.

<h3>Why did the Grange movement focus on reducing prices that railroads and grain elevators charged? </h3>

Farmers relied on railroads and grain elevators but were forced to pay higher than usual rates.

<h3>To learn more about sub-treasury system visit:</h3>

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Phillip and Naydeen Rivers are married with two dependent children. The family has household income of $39,360 in 2018. They pai

SpyIntel [72]

Answer:

$8,033

Explanation:

The premium tax credit is a refundable tax credit given to qualifying families or individuals that purchase health insurance through the Health Insurance Marketplace. In order to qualify for the premium tax credit a family or individual must have low or moderate income. The lower your income the larger the tax credit.

The tax credit is calculated using the cost of the silver plan available through the Health Insurance Marketplace and subtracting a percentage of the taxpayer's income.

The Rivers' premium tax credit = $9,800 - $1,767 = $8,033

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3 years ago

Dec. 1 Merchandise with a list price of $4,700 is purchased on account, terms FOB shipping point, 1/10, n/30. The seller prepaid

spayn [35]

Explanation:

The Journal entry is shown below:-

a. Merchandise inventory Dr, $4,700

To accounts payable $4,700

(Being Purchase of merchandise is recorded)

b. Accounts payable Dr, $1,600

To Merchandise inventory $1,600

(Being Return of merchandise is recorded)

c. Accounts payable Dr, $3,100

To Merchandise inventory $31

($3,100 × 1%)

To cash account $3,069

(Being the amount paid)

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3 years ago

A company sold merchandise with a cost of $217 for $390 on account. The seller uses the perpetual inventory system. The entry

Elden [556K]

Answer:a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $217

( The answer Is not in the options given)

Explanation:

The Perpetual inventory is a method of accounting for inventory which immediately records when an inventory is sold or purchased using the available point-of-sale software systems of the particular business.

In that regard , the entry to record cost of merchandise sold

Account titles Debit Credit

Cost of goods (Merchandise sold) $217

Merchandise Inventory $217

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3 years ago

Kevin thought the laptop was priced too high, but when he found out that it came with a free printer, he decided it was worth th

tiny-mole [99]

Answer:

The correct answer is: door in the face.

Explanation:

The door-in-the-face technique takes place when an individual requests something more than what is offered but the offering is eventually turned down. However, the individual turning down the initial request usually places a reasonable counteroffer so the firs subject complies.

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3 years ago

an effect of the sarbanes-oxley act of 2002 was to: multiple choice reduce the circumstances in which one may file securities wi

mixer [17]

An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.

<h3>What did the Sarbanes-Oxley Act of 2002 do?</h3>

The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.

The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.

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2 years ago