All categories

2 years ago

What are the five categories of expenditures for which net proceeds from the lottery can be used?

Business

1 answer:

S_A_V [24]2 years ago

7 0

Answer:

The statement is true

Explanation:

You might be interested in

Which of the following is good for our economy?

Otrada [13]

Answer:

Stable prices

Explanation:

Stable prices created a structured economy without residents having to constantly adapt to deflation, inflation etc.

8 0

3 years ago

Black Corporation declared $50,000 cash dividends to shareholders. The coporation has 4,000 shares of $25-par, 5% preferred stoc

Liono4ka [1.6K]

Answer:

$5,000 will be distributed to preferred stockholders and $45,000 will be distributed among common stockholders.

Explanation:

The accrued dividend on preferred stock based on predetermined rate or amount is known as preferred stock dividend. Preferred stock has priority over common stockholders, It means that dividend will be given to preferred stockholder first.

Preferred stock dividend = 4,000 shares x $25 x 5% = $5,000

Common stock dividend = $50,000 - $5,000 = $45,000

6 0

4 years ago

Compared to basic savings accounts, CDs are --------- liquid and have ----- interest rates.

Leto [7]

CD stands for Certificate of Deposit.

Compared to basic savings accounts, CDs are less liquid and have higher interest rates.CDs often offer you a higher interest rate upfront, if you’re willing to leave your money alone for a set amount of time

The term liquidity denotes the degree to which an asset can be bought or sold in the market without affecting the asset's price.

8 0

4 years ago

Read 2 more answers

At 9,000 drect labor hours, the flexible budget for indirect materials is $27,000. If $28,000 of indirect materials costs are in

Nat2105 [25]

Answer:

2. $400 unfavorable

Explanation:

Data provided in the question

Direct labor hours = 9,000

Indirect material cost = $27,000

On Actual basis

Indirect material cost = $28,000

Direct labor hours = 9,200

So, the difference for indirect material is

= Indirect material cost ÷ direct labor hours × direct labor hours - indirect material cost

= $27,000 × 9,200 ÷ 9,000 - $28,000

= $27,600 - $28,000

= $400 unfavorable

6 0

4 years ago

In 5-6 sentences, explain international trade. Be sure to discuss imports, exports, absolute advantage, comparative advantage, b

SVEN [57.7K]

Too put it simply, international trade is an act of exchanging economic products through the activities called imports ( buying a product from other country) and export (selling product to another country).

The amount of total import and export will affect the Balance of trade of the country, which is a difference of the amount of that country's import and export

in an international trade some countries can produce a specific product more efficiently than other products in that country , which called and comparative advantage, and more efficiently than other countries, which called absolute advantages

hope this helps

6 0

4 years ago