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aleksklad [387]
3 years ago
7

Which of these is MOST LIKELY a result of a high unemployment rate in the United States? Question 5 options: A) increased revenu

es B) increased demand for consumer goods C) increased production of capital goods D) greater government expenditures for transfer payments
Business
2 answers:
Brut [27]3 years ago
7 0
Maybe it's a I'm not sure hope it's correct
Firlakuza [10]3 years ago
3 0

--2) Which of these is MOST LIKELY a result of a high unemployment rate in the United States? A) increased revenues B) increased demand for consumer goods C) increased production of capital goods D) greater government expenditures for transfer payments?

The answer that most likely reflects the result of high unemployment rate in the US is D) greater government expenditures for transfer payments

It is a widely process used by the government when unemployment rates are high, but it is also applies for old age or disability pensions, student grants. In synthesis, government transfer payments as they are also known are a way to redistribute money through programs as the ones previously shown. They are income to individuals for which no current good or service is expected in return.

There are several forms of transfer payments which include:

• Disability insurance as the most common

• Medical benefits as the second most common

Unemployment is the third most common and it includes state and federal unemployment.


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A reason to establish internal control is to A. Provide reasonable assurance that the objectives of the organization are achieve
sweet [91]

Answer:   D. Safeguard the resources of the organization.

Explanation:

The functions of internal controls are

  • to minimize risks
  • to protect assets
  • to ensure accuracy of records
  • to promote operational efficiency
  • to encourage adherence to policies, rules, regulations, and laws.c

The reason to establish internal control is to assist safeguard an organization and its objectives.

Hence, the correct option is D.

7 0
3 years ago
A company issued 260 shares of $100 par value common stock for $31,000 cash. The total amount of paid-in capital in excess of pa
Lelu [443]

Answer:

The total amount of paid-in capital in excess of par is: $5,000.

Explanation:

When Common Stocks are classified as par value Stocks, any price paid in excess of the par value of the Stock is accounted for in the Share Premium account.

<u>Here is the Summary of the Transaction provided.</u>

Common Stocks : 260 shares × $100 = $26,000

Paid-in capital in excess of par : $31,000 - $26,000 = $5,000

5 0
3 years ago
ABC Co. provides the following sales forecast for the next four months: April May June July Sales (units) 590 670 620 710 The co
WINSTONCH [101]
I think the answer will be 0.2%
3 0
3 years ago
On December 31, 2021, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $70,000
Fittoniya [83]

Answer:

December 31, 2022 Bad debts $ 2975

Explanation:

On December 31, 2021,  Accounts Receivable  $70,000

Allowance for Uncollectible Accounts $1,250

During 2022, Bad Debts  $2,675

Allowance for Uncollectible Accounts  $5,650 at December 31, 2022

Bad debt expense for 2022 would be

December 31, 2021

Allowance for Uncollectible Accounts $1,250

During 2022, Bad Debts  $2,675

Required Adjustment $ 1425

December 31, 2022 Bad debts $ 2975

Allowance for Uncollectible Accounts  $5,650 adjusted Balance

Allowance for Uncollectible Accounts Written Off  $2,675

Required Adjustment  $ 2975

5 0
4 years ago
Read 2 more answers
Xion Co. budgets a selling price of $80 per unit, variable costs of $35 per unit, and total fixed costs of $271,000. During June
natka813 [3]

Answer:

Income 219,500 256,000 36,500 Favourable

Explanation:

Flexible Budget report showing variances between budgeted and actual results.

Flexible Actual Variance

Sales 872,000 894,000 22,000 Favourable

Variable expenses 381,500 352,000 29,500 Unfavorable

Contribution margin 490,500 542,000 51,500 Favourable

Fixed expenses 271,000 286,000 15000 Unfavorable

Income 219,500 256,000 36,500 Favourable

Sales $80×$10,900=$872,000

Variable $35×$10,900=$381,500

7 0
3 years ago
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