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3 years ago

Total government spending (federal, state, and local) sums to approximately:

Business

1 answer:

Inga [223]3 years ago

5 0

Answer:

40 percent of the U.S. economy.

Explanation:

The public sector of the U.S. economy it's almost 40% of its economy, the last date of government spending on the economy of the United States increased to 3,312.75 billion dollars in the third quarter of 2019, is approximately 38% of the GDP.

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Universal Travel Inc. borrowed $500,000 on November 1, 2013, and signed a 12-month note bearing interest at 6%. Interest is paya

valentinak56 [21]

Answer:

C.$5,000.

Explanation:

November 1, 2013

Amount of Loan = $500,000

As the Interest is payable at maturity, at December 31, 2013 only one month of interest expense is accrued, which is not paid, Following Journal entry will be passed tor record the interest expense.

Dr. Interest Expense $2,500

Cr. Interest Payable on Note $2,500

Interest Expense = $500,000 x 6% x 2/12 = $5,000

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3 years ago

What courses or information would be helpful for a hospitality manager?

choli [55]

Answer:

Travel Attendants.

Lodging Managers.

Meeting, Convention, and Event Planners.

Food Service Managers.

Holiday Counselor.

Explanation:

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3 years ago

"Makers Corp. had additions to retained earnings for the year just ended of $213,000. The firm paid out $183,000 in cash dividen

yuradex [85]

Answer:

Dividends per share is $1.66

Book value per share is $44.36

Market-to-book ratio is 1.42

Price-earnings ratio is 32.54

Price-sales ratio is 1.97

Explanation:

1 ) What are dividends per share?

Dividends per share = cash dividends/ number of shares = $183,000/ 110,000 = $1.66

2) What is the book value per share?

Book value per share = total equity/ number of shares = $4,880,000 / 110,000 = $44.36

3) If the stock currently sells for $63 per share, what is the market-to-book ratio?

Market-to-book ratio = $63/ $44.36 = 1.42

4) What is the price-earnings ratio?

The price of Makers Corp. = market price * number of shares = $63* 110,000 = $6,930,000

Price-earnings ratio = $693,000/ $213,000 = 32.54

5) If the company had sales of $3.52 million, what is the price-sales ratio?

Price-sales ratio = market price/ sales = $6,930,000/ $3,520,000 = 1.97

6 0

3 years ago

Which of the following set the first minimum wage? The Taft-Hartley Act of 1947 The AFL-CIO The Norris-LaGuardia Act of 1932 The

lara31 [8.8K]

Anscbhbdvbfvbfhb

Explanation:

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3 years ago

Required information [The following information applies to the questions displayed below.] Desmond is 25 years old and he partic

MrRa [10]

Answer:

Saver's credit = $0

Explanation:

He is not entitled to any saver's credit, as he is not married and his AGI is greater than $32,000. Therefore the Saver's credit is equal to zero. Is also important to consider that Desmond is a head of a household and his AIG is between 31,126 and 48,000.

6 0

3 years ago

Read 2 more answers