Answer:
they keep trying hard
They maybe exercise or keep playing basketball
Investment will decline if savings also decline when a government's fiscal policy switches from a budget surplus to a budget deficit and the trade deficit stays steady.
<h3>What occurs if there is a budget surplus or deficit for the government?</h3>
- A budget deficit occurs when the federal government spends more money than it takes in from taxes in a given year.
- In contrast, the government has a budget surplus when it collects more taxes than it spends in a single year.
<h3>What distinguishes a budget surplus from a budget deficit?</h3>
A government experiences a budget surplus when its tax revenues exceed its expenditures, a budget deficit when its expenditures exceed its tax revenues, and a balanced budget when the two figures are equal.
<h3>How do trade deficits result from budget deficits?</h3>
A budget deficit causes interest rates to rise, which raises net capital inflows and currency depreciation, which lowers net exports.
learn more about budget surplus and deficit here
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Answer:
The beginning raw materials inventory balance is $10,900
Explanation:
In this question, we apply the formula ending balance of raw material which is shown below:
Ending balance of raw material = Beginning balance of raw material + purchase of material - material requisitions
$24,900 = Beginning balance of raw material + $58,600 - $44,600
$24,900 = Beginning balance of raw material + $14,000
So, the beginning balance of raw material
= $24,900 - $14,000
= $10,900
Answer:
The firm’s beginning cash balance on June 1 is $ 205.
Explanation:
We have to use the following the formula to reach to the beginning cash
Beginning Cash balance june 1 = Beginning cash balance may 1 + sales - expenses
Beginning Cash balance june 1 = [$175] + [$430] - [$110 + $290]
Beginning Cash balance june 1= $ 205
Important. The may sales are not included in the calculation because accounts receivable time is 30 days, so may accounts receivable wont be collected until june.
