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diamong [38]
3 years ago
12

The federal government purchases new defense equipment.nick receives a weekly amount from the government because he became unemp

loyed when his company cut costs by laying off employees.gloria is a 70-year-old retired woman. she pays her expenses with the income she receives from the government.the government is planning to build more highways.jill receives inpatient hospital services even though she cannot afford them.
Business
1 answer:
kari74 [83]3 years ago
8 0

Answer:

1. The federal government s new defense equipment is Discretionary spending

2. What Nick receives from government is because of Mandatory spending

3. Gloria's income from government is Mandatory spending

4. Government plan to build more highways is discretionary spending

5. Inpatient services Jill receives is Mandatory spending

Explanation:

Mandatory spending:

This is spending that has been made Mandatory by the law. It is certain amount of money that has been budgeted for and set aside by the government for certain programs or initiatives. It is also called entitlement spendings.

Discretionary spending:

This is a kind of spending in which the funding level is set aside each fiscal year by the Congress. It is government spending and it is implemented through the appropriation bill.

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Explanation:Surgeon

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3 years ago
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​________ is defined as the extent to which your authority is accepted on grounds of​ competence, vision, or other qualities. A.
lora16 [44]

Answer:

A. Legitimacy

Explanation:

Legitimacy  is defined as the extent to which your authority is accepted on grounds of​ competence, vision, or other qualities. This term is used mostly in the context of political science, mainly describing the right and acceptance of an authority and mostly deals with systems of governments or regimes where there are established individuals appointed authority.

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3 years ago
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If we assume that both countries specialize according to their comparative advantage, then how do we find a terms of trade that
levacccp [35]

Answer:

The best way to find terms of trade that will ensure that two entities are in the best terms of trade will be to look at the opportunity costs of the various products they produce.

A high opportunity cost in one product relative to that of the other entity means the entity with the higher opportunity cost should be trading with the entity with the lower opportunity cost and vice versa.

For example, assume that an entity "A" produces both rice and beans whilst an entity "B" also produces rice and beans too.

If the opportunity cost to A of producing Beans is 300 bags of rice whilst the opportunity cost to B of producing Beans is 120 bags of rice, and the opportunity cost to A of producing rice is 180 bags of beans whilst it is 250 bags of beans to B, the principles of comparative advantage require that A should focus more on producing rice and purchase beans from B whilst B should focus more on producing beans and purchase rice from A.

Cheers!

4 0
3 years ago
Crane Company adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $
guajiro [1.7K]

Answer:

See below

Explanation:

Crane corporation

Ending inventory

2019 $1,120,000

2020 $1,271,000/1.08 = $1,176,852

Ending inventory [$1,120,000+ (1,176,852 - $1,120,000)× 1.08]

= [$1,120,000 + $61,400]

= $1,181,400

2021 $1,417,000/1.26 = $1,124,603

2022 $1,623,000/1.31 = $1,238,931

Ending inventory [$1,124,603 + ($114,328 × 1.31)]

= $1,124,603 + $149,770

= $1,274,373

Therefore, the cost of the ending inventory at December 31, 2020 under dollar value LIFO would be $1,274,373

5 0
3 years ago
Copperhead Trust has the following classes of​ stock: LOADING...​(Click the icon to view the​ data.) Read the requirementsLOADIN
sergeinik [125]

Answer:

Find attached complete question:

common stock dividends is $38,960

preferred stock dividends is $5,040

Explanation:

Going by the complete question,preferred stock dividends is computed thus:

preferred stock dividends=number of shares*par value*dividend rate

number of shares is 7000 (issued and outstanding)

par value of share is $12

dividend rate is 6%

preferred stock dividend=7000*$12*6%=$5040

The preferred stockholders would receive $5040 dividends while the remainder of dividends goes to common stockholders as shown below

Total dividends                              $44,000

preferred stock dividends             ($5040)

common stock dividends              $38,960

Download xlsx
6 0
3 years ago
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