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2 years ago

9

A(n) ________ veto allows the governor to cross out budget lines in the legislature-approved budget, while signing the remainder

of the budget into law.

2 answers:

arsen [322]2 years ago

6 0

you can veto the goverment and give s vote and it has to be 2/3 vote

Cerrena [4.2K]2 years ago

4 0

Line item veto, its the power to strike out individual items in the state budget

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Which of the following material events occurring subsequent to the December 31, Year 1, balance sheet date will not ordinarily r

Nookie1986 [14]

Answer:

<em>Acquisition of a subsidiary on January 23, Year 2. Negotiations had begun in December of Year 1.</em>

Explanation:

An entity acknowledges <em>events that occurred in the financial reports which provide data on conditions that exist at the income statement date,</em> including calculations that are inherent in the preparation of the statement.

The holding company's sale did not take place until the end of the year.

Therefore, the transaction only included disclosure of the note, not acknowledgement in the statements.

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3 years ago

On October 31, the stockholders’ equity section of Sunland Company’s balance sheet consists of common stock $696,000 and retaine

nika2105 [10]

Answer: Please find answers in the explanation column

Explanation:

Summary of the effects of the alternative actions on the company’s stockholders’ equity and outstanding shares.

Before action After stock dividend After stock split

Stockholder's equity

Paid in capital $696000 696000+ $65,250 $696,000

=$761,250

Retained earnings $397000 397000-($65,250) $397,000

=$331,750

Total Stockholder's

equity $1,093,000 $1,093,000 $1,093,000

Outstanding shares $87,000 87000 + 4,350 87000 x 2 =

=$91, 350 $174,000

Calculations:

stock dividend = Number of outstanding shares x percentage of dividend

= 87,000 x 5% =4,350

Amount to purchase 4,350 shares= number of shares x market value per share = 4,350 x 15= n$65,250

Number of shares after stock split of 2-for -1 = 87,000 x 2 = 174,000

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3 years ago

Alpha Company makes products A and B. Its contribution margin statement is as follows: A B Total Sales volume (units) 400 600 1,

levacccp [35]

Answer:

Product A= $30,000

Explanation:

Giving the following information:

A B Total

Direct labor $15,000 $10,000 $25,000

Fixed Costs $50,000

<u>First, we need to calculate the allocation rate:</u>

Allocation rate= total estimated costs for the period/ total amount of allocation base

Allocation rate= 50,000 / 25,000

Allocation rate= $2 per direct labor dollar

<u>Now, for product A:</u>

Product A= 2*15,000= $30,000

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2 years ago

What is change in overall consumption due to a change in price

olga2289 [7]

Answer:

The total effect of the change in the consumption of a commodity that results from a change in the price of a good can be broken down into two effects, namely, the income effect and the substitution effect.

Explanation:

Hope this helps.

Rating, brainly, thank you all much appreciated!

-Miss Hawaii

3 0

2 years ago

Read 2 more answers

Beck Corp. issued 200,000 shares of common stock when it began operations in Year 1 and issued an additional 100,000 shares in Y

Verizon [17]

Answer:

225,000 shares of Beck’s common stock were outstanding

Explanation:

The computation of the outstanding common stock shares is given below:

= Issue of shares + Additional shares - Treasury stock

= 200,000 shares + 100,000 shares - 75,000 shares

= 225,000 shares

The treasury stock decreases the balance of common stock shares so we deduct it. The convertible preferred stock is not a part of outstanding common stock shares so it is not considered in the computation part.

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2 years ago