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harina [27]
2 years ago
14

in 1978, the texas constitution was amended (article 8, section 22), so that if the economy of the state shrinks,

Business
1 answer:
BigorU [14]2 years ago
4 0

In 1978, the texas constitution was amended (article 8, section 22), so that if the economy of the state shrinks, appropriations have to shrink as well.

<h3>what is texas constitution ?</h3>

The Texas Constitution is the fundamental governing document of Texas, describes the structure and function of the government, it consists of a preamble and 17 articles.

  • Article 1  represents Bill of Rights and consists of 34 sections.

  • Article 2  represents the Power of Government which provides for the separation of the powers of the government.

  • Article 3 represent the Legislative Department, include the legislative power of the state of Texas and  consists of the Texas Senate and Texas House of Representatives.

  • Article 4 Executive Department and it consists of 26 sections which describes the powers and duties the officials of  state's executive.

  • Article 5 Judicial Department consists of 32 sections, explains the composition, powers of the Texas Supreme Court, the Court of Criminal Appeals,  Justice of the Peace Courts etc.

  • Article 6 Suffrage consists of five sections, defines classes of persons are not allowed to vote like minors, persons convicted of a felony etc.

  • Article 7 Education consists of 20 sections,  provisions for public schools, asylums and universities.

  • Article 8 Taxation and Revenue which places various restrictions on the ability of the Legislature and local governments to impose taxes like local property taxes.

Learn more about texas constitution , here:

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The owner of Chips etc. produces two kinds of chips: lime (L) and vinegar (V). He has a limited amount of the three ingredients
Sloan [31]

Answer:

Objective function (maximize)

Profit=0.40L+0.50V

Constraints

- Availabitily of salt: 2L+3V\leq4800

- Availability of herbs: 1C+2V\leq 2000

- Availability of flour: 6C+8V\leq9600

Explanation:

This a linear programming problem. We have an objective function (in this case it is the profit) that we want to optimize, but complying with constraints (in this case, the availability of ingredients).

The objective function can be defined taking into account the profits of the two kind of chips:

Profit=0.40L+0.50V

The constraints can be expressed taking into account the amount of ingredients every unit of chip needs and stating that it has to be less or equal to the availability of this ingredient:

- Availabitily of salt:

2L+3V\leq4800

- Availability of herbs

1C+2V\leq 2000

- Availability of flour

6C+8V\leq9600

With these expressions the linear programming problem can be solved.

3 0
3 years ago
After considering current market conditions, an investor decides to place 60% of her funds in equities and the rest in bonds. Th
antoniya [11.8K]

Answer:

Asset allocation.

Explanation:

A basic decision that every investor must make is how to distribute his or her investable founds amongst the various asset classes available in the marketplace.

-Stocks

-Fixed income

-Cash equivalents

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-Real estate

The strategic allocation is the proportion of wealth the investor decides to place in each of these asset classes. It is something also referred to as the investor´s long term normal allocation because it is presumed to be the baseline allocation that will remain in place until the investor´s life circumstances change appreciably.

4 0
3 years ago
Riverside Manufacturing designs and manufactures bathtubs for home and commercial applications. Riverside recorded the following
Gnoma [55]

Answer:

Explanation:

Variable MOH rate variance = Actual Hours × (Actual Rate - Standard Rate)

= 4050 × ($7.50 - $4.50)

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3 years ago
The goal of channels of distribution is to move products from producers to
Delvig [45]

Answer:

Final consumers

Explanation:

The goal of channels of distribution is to move products from producers to final consumers, that is, by bridging the gap between the producer and the consumer by bringing the product or service to the final buyer or consumer. Products and services may go through channel members known as intermediaries which include wholesalers, retailers, distributors.

7 0
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Major reasons for disclosure of deferred income tax information is (are)
Karolina [17]

Answer:

d. All of these answer choices are correct.

Explanation:

Is important to match the expenses with the revenues they are related. If for tax purposes we can deduct a full equipment value in one year. This means we are goung to pay higher income taxes in the future as we don't have the depreciation expense available for taxes porpuses.

The use of deferred incoem tax will be useful to knwo how much are the actual cash obligation and the expected value of the future cash obligations

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