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4 years ago

Which law provided billions of dollars to cities and states to build wastewater facilities?

1 answer:

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The answer is Clean Water Act. It is a U.S. federal law that controls the discharge of pollutants into the nation's surface waters. This act was initially known as the Federal Water Pollution Control Act. Also, this act is managed by the U.S. Environmental Protection Agency (EPA), which arranges water quality standards, handles implementation, and helps state and local governments advance their own pollution control plans. The federal government delivered billions of dollars in grants to back the building of sewage treatment facilities around the country. This act also necessitate businesses to apply for federal documents to discharge pollutants into water courses, as well as to decrease the amount of their discharges over time.

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ABC Industries is a division of a major corporation. Data concerning the most recent year appears below:

Zanzabum

Answer:

the return on investment is 19.55%

Explanation:

The computation of the return on investment is shown below:

Return on investment is

= (Net operating income ÷ Average operating assets) × 100

= ($940,160 ÷ 4,810,000) × 100

= 19.55%

Hence, the return on investment is 19.55%

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3 years ago

An engineer is studying the slight differences in the length of roofing shingles that is being produced at his roofing company.

sladkih [1.3K]

Answer:

The statement is: True.

Explanation:

A common-cause variation shows changes because of unknown reasons within a series of undifferentiated produced items. The method aims to measure the accuracy of the manufacturing process given expected factors that could bring fluctuations in the output. Common-cause variations can be attributed to natural reasons such as employees' fatigue or distraction.

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4 years ago

Spielberg Company's general ledger shows a checking account balance of $22,810 on July 31, 2021. The July cash receipts of $1,72

Flauer [41]

Answer:

(a) Bank Reconciliation statement:

Bank's cash balance:

= Per bank statement + Deposits outstanding - Checks outstanding

= $22,346 + $1,725 - $1,300

= $22,771

Therefore, bank balance per reconciliation is $22,771.

Company's cash balance:

= Per general ledger - service fees

= $22,810 - $39

= $22,771

Therefore, company balance per reconciliation is $22,771.

(b) Journal entry to adjust balance for cash is as follows:

Bank service charge expense A/c Dr. $39

To Cash A/c $39

(To record bank service charge)

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3 years ago

Amazon stock prices gave a realized return of 6%, negative 6%, 9%, and negative 9% over four successive quarters. What is th

Anvisha [2.4K]

Answer:

-1.167%

Explanation:

The current value of the stock is given by applying all of the realized returns to the initial purchase price. Let 'A' be the initial price, the price at the end of the year is:

$P = A*(1+0.06)*(1+0.09)*(1-0.06)*(1-0.09)\\P=0.9883A$

At the end of the year, the stock had a price of 0.9883 times the initial price, the annual realizes return was:

$r=(0.9883 - 1)*100\%\\r= -1.167\%$

Annual realized return was -1.167%.

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3 years ago

Journalize the following selected transactions for January. Journal entry explanations may be omitted.

ludmilkaskok [199]

Answer:

Jan. 1 Received cash from the investment made by the owner, $14,000.

Dr Cash 14,000

Cr Capital, owner 14,000

Jan. 2 Received cash for providing accounting services, $9,500.

Dr Cash 9,500

Cr Service revenue 9,500

Jan. 3 Billed customers on account for providing services, $4,200.

Dr Accounts receivable 4,200

Cr Service revenue 4,200

Jan. 4 Paid advertising expense, $700.

Dr Advertising expense 700

Cr Cash 700

Jan. 5 Received cash from customers on account, $2,500.

Dr Cash 2,500

Cr Accounts receivable 2,500

Jan. 6 Owner withdrew $1,010.

Dr Withdrawals 1,010

Cr cash 1,010

Jan. 7 Received telephone bill, $900.

Dr Utilities expense 900

Cr Accounts payable 900

Jan. 8 Paid telephone bill, $900.

Dr Accounts payable 900

Cr Cash 900

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3 years ago