1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sunny_sXe [5.5K]
3 years ago
13

According to the pie chart, which function consumed the largest portion of government expenditures in 2003?

Business
2 answers:
rewona [7]3 years ago
6 0

Answer:

A. Providing retirement income for older citizens

Explanation:

Took the test and got it right.

Goryan [66]3 years ago
3 0
I think the correct answer from the choices listed above is the first option. According to the pie chart, providing retirement income for older citizens <span>consumed the largest portion of government expenditures in 2003. It takes up about 22% of the whole expenditure. Hope this answers the question.</span>
You might be interested in
Imprudential, Inc., has an unfunded pension liability of $750 million that must be paid in 17 years. To assess the value of the
Lana71 [14]

Answer:

$202,701,713.58

Explanation:

Present value of this liability = Value of liability / ((1+r)^t)

Present value of this liability = $750 million / ((1+0.08)^17)

Present value of this liability = $750 million / (1.08)^17

Present value of this liability = $750 million / 3.7000180548

Present value of this liability = $202,701,713.5840815

Present value of this liability = $202,701,713.58

6 0
3 years ago
A doctor wants to start a business that produces medical equipment. Though she is an expert on medicine, she realizes she will n
nekit [7.7K]

Answer:

Limited company (LTD)

Explanation:

Limited company allows the organization to issue ownership shares that can be sold to investors to help with finances. It also let her give shares as payment to a co-founder who knows more about manufacturing products than herself.

8 0
3 years ago
Read 2 more answers
As ceo of a company called adelphia, _____ siphoned off billions of dollars to support his family's extravagant lifestyle and ba
hoa [83]
<span>As ceo of a company called adelphia, John Rigas </span><span>siphoned off billions of dollars to support his family's extravagant lifestyle and bankrupted the company in the process. But eventually, John Rigas was found guilty in embezzling around $ 1 billion from his shareholders and hiding around $2.3 billion worth of Debt from his accounting books.</span>
4 0
3 years ago
Novak Corp. received a check for $21960 on July 1, which represents a 6-month advance payment of rent on a building it rents to
Marina CMI [18]

Answer:

Debit Unearned Rent Revenue, $3660; credit Rent Revenue, $3660

Explanation:

Cash collected in advance results in the debit in cash account and a credit to Unearned Rent Revenue.

To recognized revenue when it is earned, the entries required are credit revenue and debit Unearned Rent Revenue with the amount earned.

Revenue earned by Novak Corp

= 1/6 × $21,960

= $3,660

Entries required are debit Unearned Rent Revenue, $3660; credit Rent Revenue, $3660

7 0
3 years ago
Susan wants to prepare a presentation that will calculate the total cost of ownership for the system. What financial analysis to
Temka [501]

Personal Trainer, Inc. owns and operates fitness centers in a dozen Midwestern cities. The centers have done well, and the company is planning an international expansion by opening a new “supercenter” in the Toronto area. Personal Trainer’s president, Cassia Umi, hired an IT consultant, Susan Park, to help develop an information system for the new facility. During the project, Susan will work closely with Gray Lewis, who will manage the new operation. Background

During data and process modeling, Susan Park developed a logical model of the proposed system. She drew an entity-relationship diagram and constructed a set of leveled and balanced DFDs. Now Susan is ready to consider various development strategies for the new system. She will investigate traditional and Web-based approaches and weigh the pros and cons of in-house development versus other alternatives.

Susan wants to prepare a presentation that will calculate the total cost of ownership for the system.

What financial analysis tools are available to her, and what are the advantages (and possible disadvantages) of each tool?

Answer:

The answer is below

Explanation:

The financial tools available to her,

NPV: Net Present Value

1.  It is the total value benefit minus the total value of the costs.

2.  It adjusts the value of future costs and benefits to account for the time value of money.

3.  The systems can be compared more accurately and consistently.

ROI:  Return On Investment.

Advanatge

1.  It is a % rate that compares total net benefits received from a project to the total costs of the project.

2. Companies set a minimum ROI that all projects must match or exceed.

3. Disadvantage of this tool is that it expresses only an overall average rate of the return. It is not accurate for a given time period

PAY BACK ANALYSIS

1.  It determines the time it takes for an information system to pay for itself.

2. Total development and operating costs are compared with total benefits.

3.  Disadvantage of this method is that pay back analyzes on costs and benefits incurred at the beginning of a system’s useful life.

8 0
3 years ago
Other questions:
  • General electric has an up-or-out policy, where key personnel in underperforming units are pressured to boost performance to acc
    10·1 answer
  • James Inc.'s flexible budget for June, based upon actual output, called for the use of 10,500 pounds of materials at a standard
    11·1 answer
  • When oil prices go up, we tend to see less investment by consumers in _____________________.
    15·2 answers
  • This year burchard company sold 40,000 units of its only product for $25 per unit. manufacturing and selling the product require
    10·1 answer
  • Challenge Tennis​ &amp; Recreation's operating activities for the year are listed below. Purchases ​$174 comma 800 Operating exp
    12·1 answer
  • Jamison Company uses the total cost method of applying the cost-plus approach to product pricing. Jamison produces and sells Pro
    9·1 answer
  • Some hoodlums who have been earning money by stealing copper pipes and cable and selling them to recyclers are driving around on
    6·1 answer
  • if the marginal propensity to save is 0.12 the marginal propensity to consume(mpc) is the multiplier is
    7·1 answer
  • Suppose you have a 1-year horizon and purchase a 5-year (annual) coupon bond. If the price of the bond on the horizon date is th
    9·1 answer
  • exercise 1-1 (algo) classifying activities reflected in the accounting system lo c1 select the aspect of accounting associated w
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!