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2 years ago

6

If the government has no debt initially, but then has annual revenues of $20 billion per year for 4 years and annual expenditure

s of $20. 5 billion per year for 4 years, then the government has?

1 answer:

Fynjy0 [20]2 years ago

3 0

Answer:

$162billon

Explanation:

20+20.5

=40.5

40.5*4

$162 billon

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BTC, a consulting company with offices across the United States, began an employee discussion forum on its website. A few employ

AnnZ [28]

Answer:

c) moderators.

Explanation:

Since BTC doesn't want to limit employee interaction, but at the same time, it would like to limit what employees can write. The use of moderating features of a discussion forum through the service of a moderator will help them achieve this effectively and efficiently.

A moderator is a neutral individual who has the sole responsibility and skill set to preside and regulate discussions, by ensuring participants do not stray off from the subject matter and the time allotted to them.

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3 years ago

Bronn tells Jaime, "I really like your armor." Jaime responds, "I will sell it to you for $800." Bronn states, "Sure, and throw

Genrish500 [490]

Answer:

B. price subject

Explanation:

For this contract to be enforceable, it must include price, matter and delivery date. These aspects are all best essential and should be included in the contract. From the question when Jaime wrote the contract he failed to detail the price they agreed upon. Even though the rest were included. Therefore this contract cannot be enforced since it is missing this important aspect. Option b is the answer to the question

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3 years ago

Indigo Inc. owns land that it purchased on January 1, 2000, for $418,200. At December 31, 2017, its current value is $679,700 as

spin [16.1K]

Answer:

$679,700

Explanation:

I believe Mickelson is the person preparing the books for Indigo Inc.

This question tests your knowledge of revaluation and its application to financial statements. It indirectly checks your knowledge of depreciation also.

A quick definition of terms would make it clearer.

Depreciation is the systematic allocation of the price of an asset over its useful life. That is once an asset (non-current) is purchased, it cannot be used up immediately in one financial year, hence accountants usually want to spread the use of the asset and match it with whatever revenue they get from the use of the asset (an application of prudence concept).

But land does not depreciate, rather it appreciates over time. Due to the fact that land appreciates over time, it would be misrepresentation on the part of Mickelson to report the value of the asset in December 2017 at the price in which the land was purchased in 2000.

Because land appreciates over time, a revaluation is more appropriate. this revaluation compares the carrying value of the land with the fair value on the land as at the date of revaluation (comparing $418,200 with $679,700) and the higher is used.

Hence to faithfully represent the current details of the status of the land, the IFRS (International Financial Reporting Standards) states that the entity should record the value of land at fair value.

I hope this is clear and easy to understand.

Other concepts you might want to check out are;

depreciation

carrying amount

revaluation surplus

fair value

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3 years ago

In order to receive positive cash returned on investment, the rate of return on an investment during periods of inflation should

Serga [27]

Answer:

should exceed the rising price level.

Explanation:

Inflation occurs when there is a general increase in prices of goods and services in an economy. The price of a basket of goods increases so the purchasing power of money is reduced.

For example when a gallon of petrol sells for $50 under inflation it can rise to $100. More money will be needed to buy the same amount of goods.

In this situation the rate of return of an investment will need to be above the rising price level to maintain a positive cash flow.

This is because value of money has reduced so returns needs to be higher to make positive cash flow.

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3 years ago

As a result of a decrease in the demand for U.S. dollars, there has been depreciation in the value of the U.S. dollar relative t

Lerok [7]

Answer:

Todd, an American, goes to visit South Korea for spring break - loser

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An investment bank in South Korea, interested in purchasing U.S. government bonds - winner

The investment bank will exchange less wons for U.S. dollars than before. Buying the government bonds will now be cheaper for them.

Goodyear, a firm based in the United States, sells car tires in South Korea - winner

Goodyear will likely sell more cars because for its South Korean customers, the cars are now cheaper, since the value of the dollar has depreciated against the currency that they hold.

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The South Korean family will exchange less wons for more U.S. dollars, making their trip cheaper.

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The handbags will now be more expensive for their American customers, likely causing a loss in sales revenue for the firm.

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The cost of the high tech South Korean company is now higher for the American manufacturer, because more dollars had to be exchanged for wons before the purchase.

Explanation:

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3 years ago