All categories

3 years ago

Officials argue that the government needs to reduce the national debt. Which actions are most likely to accomplish this goal?

1 answer:

5 0

If officials argue that the government needs to reduce the national debt, I believe that the actions that are most likely to accomplish this goal are to increase taxation and decrease spending.
If they increase taxation, more money will come into the state fund, and if they decrease spending, more money will actually stay there.

You might be interested in

Explain the tax implications of compensation in the form of salary and wages from the perspectives of the employee and employer.

PtichkaEL [24]

Answer:

The overview including its situation becomes discussed below.

Explanation:

Representatives provide Form W-4 continue providing recruitment information to another boss. Staff may use the W-4 to track retention mostly during the period as persistence becomes handled as if it has been maintained similarly mostly during the period again for benefits of the imposed fee.
Employer's post-tax benefit of wages seems to be the benefit of employment minus the charitable donation of compensation.
Throughout the case of open marketplace collaborations, the task presumption towards anti-performance compensation charged to something like the CEO as well as the 3 although the most deeply compensated officials, except the CFO, increases limited to $1,000,000 per individual annually.

3 0

2 years ago

Frieda Inc. is considering a capital expansion project. The initial investment of undertaking this project is $105,500. This exp

Nana76 [90]

Answer:

WACC = 0.18 or 18%

Option b is the correct answer.

Explanation:

The WACC or weighted average cost of capital is the cost of a firm's capital structure that can contain one or more of the following components, namely debt, preferred stock and common equity. The formula to calculate the WACC is as follows,

WACC = wD * rD * (1-tax rate) + wP * rP + wE * rE

Where,

w represents the weight of each component

D, P and E represents debt, preferred stock and common equity respectively

r represents the cost of each component
rD * (1-tax rate) represents the after tax cost of debt

WACC = 0.2 * 0.16 + 0.8 * 0.185

WACC = 0.18 or 18%

7 0

3 years ago

In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Ivan

Alona [7]

Answer:

Requirement: Prepare the entry to record the sales transactions and related taxes.

1. Date Account Titles and Explanation Debit Credit

Apr. 10 Cash $30,975

Sales Revenue $29,500

Sales Tax Payable $1,475

(To record Cash sales along with sales tax)

2. Date Account Titles and Explanation Debit Credit

Apr. 15 Cash $18,530

Sales Revenue $17,000

Sales Tax Payable $1,530

(To record Cash sales along with sales tax)

Workings

- Total Sales along with sales tax = $18,530, Sales Tax Rate = 9%. Sales Tax Amount = 18530*(0.09/1.09) = $1,530

- Sales Without Sales Tax = $18,530 - $1,530 = $17,000

7 0

3 years ago

Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor

Damm [24]

Answer:

Labor productivity in units per labor hour for Deluxe car = 0.19 per hour

Labor productivity in units per labor hour for Limited car = 0.24 per hour

Labor productivity in dollar of output per dollar of labor expense for Deluxe car = $98.75

Labor productivity in dollar of output per dollar of labor expense for Limited car = $128.69

Explanation:

Note: This question is not complete and its data are merged together. The complete question with the sorted data is therefore provided before answering the question as follows:

Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor hours are given below.

QUANTITY $/UNIT

Deluxe car 3,655 units sold $7,700/car

Limited car 5,850 units sold $9,200/car

Labor, Deluxe 19,000 hours $15/hour

Labor, Limited 24,600 hours $17/hour

What is the labor productivity for each car? Provide two sets of figures: units per labor hour, and dollar of output per dollar of labor expense. (Round your answers to 2 decimal places.)

The explanation of the answers is now provided as follows:

For each type of car, the following formulae can be used:

Labor productivity in units per labor hour = Units sold / Labor hours ……. (1)

Labor productivity in dollar of output per dollar of labor expense = (Units sold * Price per car) / (Labor hours / Labor rate per hour) ……………. (2)

Using equation (1), we have:

Labor productivity in units per labor hour for Deluxe car = 3,655 / 19,000 = 0.19 per hour

Labor productivity in units per labor hour for Limited car = 5,850 / 24,600 = 0.24 per hour

Using equation (2), we have:

Labor productivity in dollar of output per dollar of labor expense for Deluxe car = (3,655 * $7,700) / (19,000 * $15) = $98.75

Labor productivity in dollar of output per dollar of labor expense for Limited car = (5,850 * $9,200) / (24,600 * $17) = $128.69

These can be translated into a table as follows:

Labor Productivity

Units/hour Dollars

Deluxe Car 0.19/hour $98.75

Limited Car 0.24/hour $128.69

5 0

3 years ago

Which of the three limitations of the Payback Rule can be overcome with a modification to it? Gives equal weight to all cash flo

gogolik [260]

Answer:

Gives equal weight to all cash flows arriving before the cutoff

Explanation:

The payback period measures how long it takes for the amount invested in a project to be recovered from a project.

A project with a shorter pay back period is favoured over projects with longer payback periods.

The payback period gives equal weights to all cash flows before arriving at a cut Off. The discounted payback period remedies this by discounting cash flows.

I hope my answer helps you

7 0

3 years ago

Read 2 more answers