Answer:
Infant-industry argument
Explanation:
Here is a paraphrased version of the lobbyist's claim and it is from here that we get our answer.
"He claims that this industry in question is new and currently cannot compete with foreign industry".
What this tells us is that this industry in question is an infant industry. An infant industry is a new industry yet to be past it's developmental stage and which cannot be compete yet with other established industries.
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Answer:
170 billion ; deficit
Explanation:
Given:
Amount spent by the government = $500 billion
Tax revenue collected = $480 billion
Transfer payments = $150 billion
Now,
The budget balance for government
= Tax revenue - Amount spent - Transfer payments
= $480 billion - $500 billion - $150 billion
= -170 billion
Here the negative sign depicts the deficit
Hence,
The answer is option 170 billion ; deficit
Answer:
D) Yes, because the nephew holds a fee simple defeasible.
Explanation:
Since the nephew holds a simple fee defeasible, he can use Blackacre as he pleases as long as he is alive. Since his former wife (Alice) died, then after his death Blackacre will pass to the county hospital, but as long as he is still alive, he can extract gold from Blackacre.
<span>Mort's grandfather had his business strategy, in other words, his own principles, which he put it as ''you pay me when you can, I ain't goin' nowheres''. Mort mentions that cash flow is very important. Indeed, he</span> needs to develop a short-term forecast, which is a prediction of revenue, costs, and expenses for a period of a year or less.
The journal entry to record expenses in petty cash fund:
Transportation Expense-------------------$58.40
Postage Expense ---------------------------- 40.00
Parties Expense ------------------------------ 20.00
Meals Expense -------------------------------- 25.00
Petty Cash Fund-------------------------------------$143.40
The journal entry to record the replenishment in petty cash fund:
Petty Cash Fund ------------------------------- $143.40
Cash ----------------------------------------------------$143.40
The journal entry to record the shortage in petty cash:
Cash Short ----------------------------------------$6.00
Petty Cash Fund------------------------------------$6.00
