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4 years ago

An economic expansion leads to needsminustested spending and induced taxes.

1 answer:

8 0

<span>An economic expansion leads to lower needs-tested spending and higher induced taxes. The spending on programs that returns advantage or benefits to people and business that are qualified is known as needs-tested spending. When the economy expanded the unemployment rate decreases so as the need-tested spending.</span>

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2 years ago

Taylor and Weber agreed on hiring the right worker for the job. Employee selection and promotion should be based on experience,

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4 years ago

RISRS and Rewards of Information Systems: Mastery Test

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A. giving proper training

Explanation:

A common issue in IT and change management is that employees create a barrier to change (implementing a new information system). Of course, everyone prefers to stay in their comfort zone, but most of the times it is essential to adopt changes effectively. so that the whole organization can progress.

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3 years ago

Read 2 more answers

Head-First Company now sells both bicycle helmets and motorcycle helmets. Next year, Head- First expects to produce total revenu

AleksAgata [21]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Head- First expects to produce total revenue of $570,000

The total variable cost of $388,000.

The total fixed cost is expected to be $58,900.

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 58,900 / [(570,000 - 388,000) / 570,000]

Break-even point (dollars)= 58,900/0.3193

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Fixed costs= (58,900)

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3 years ago

Cash may not include:

wel

Cash may not include <u>accounts receivable</u>. The Option C is correct.

Cash means a money in the physical form of currency such as banknotes and coins. In accounting, cash is a current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately.

The amount of the adjustment for uncollectible accounts would be $14,060. The Option D is correct.

<h2>What is an uncollectible accounts?</h2>

An accounts uncollectible refers to those receivables, loans or other debts that have virtually no chance of being paid. An account may be called an uncollectible for many reasons such as debtor's bankruptcy, an inability to find the debtor, fraud on the part of the debtor or lack of proper documentation to prove that debt exists.

The adjustment for uncollectible accounts is computed as follows:

= (Accounts receivable * Rate of uncollectible accounts) - Allowance for uncollectible accounts

= ($246,000 x 6%) − $700

= $14,760 - $700

= $14,060

Read more about uncollectible accounts

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1 year ago

An economic expansion leads to​ ________ needsminustested spending and​ ________ induced taxes.

An economic expansion leads to needsminustested spending and induced taxes.