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3 years ago

Perhaps the most successful government agency during this time was the food administration run by

1 answer:

3 0

The most successful government agency during that particular time was the food administration which was run by Herbert Hoover. Hoover was an engineer, businessman and politician who was elected the 31st president of the US. He served from 1929-1933 during the Great depression. During WWI, the US enacted the Food Administration as an agency that would be responsible for giving out food to the US military that was serving overseas as well as to the allies. One of the most important things it was to do was to stabilize the price of wheat in the US market.

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Tiptoe shoes, had annual revenues of $185,000, expenses of $103,700, and paid dividends of $18,000 during the current year. The

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Calculation of ending retained earnings balance after closing:

The balance in ending retained earnings after closing can be calculated as follows:

Balance in retained earnings account before closing $297,000

Add: Revenues $185,000

Less: Expenses $103,700

Less: Dividends $18,000

Ending retained earnings balance after closing = $360,300

Hence, The balance in ending retained earnings after closing is $360,300

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2 years ago

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Presented below is information related to the purchases of common stock by Flint Company during 2020. Cost (at purchase date) Fa

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2 years ago

Mason pays $251 monthly for auto insurance. He had an accident involving another car. His

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Answer: Yes, the years worth of payments is more than the actual claim

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the claim was $2500 and he payed $3,012 a year for insurance

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2 years ago

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The U.S. Congressional Budget Office has projected the debt-to-GDP ratio to increase dramatically in the future. One of the majo

Viefleur [7K]

Answer:

C. projected increasing health care costs for the aging population.

Explanation:

If the debt to GDP ration increases, it means that the country will owe more money compared to capacity of creating wealth. A common problem for several developed countries is that the proportion or retired people has increased compared to the total active labor force. This means that the number of people working or searching of jobs relative to the number of retired people has decreased. Even though retired people tend to have more accumulated wealth, their living expenses are also much higher. What makes this situation a problem is that retired people only have passive income, they do not have earned income. And generally speaking, passive income grows at a much lower rate that earned income.

This is why many developed countries started to implement immigration policies focusing on highly trained and educated applicants that can replace their native workforce.

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2 years ago

The process of associating numerical amounts to the elements in the financial statements is called:________

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The process of associating numerical amounts to the elements in the financial statements is called Measurement.

Financial statements are written data that supply a business enterprise's industrial company activities and economic performance. economic statements are regularly audited through authorities corporations, accountants, corporations, and so forth. to ensure accuracy and for tax, financing, or investing functions.

"Probable future monetary blessings obtained or controlled by way of a particular entity because of beyond transactions." property. Disclosure refers to the system and further records within the Financial statements and notes.

Learn more about Financial statements here brainly.com/question/22941895

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6 months ago