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kumpel [21]
3 years ago
7

The government of Ruritania has implemented many programs that promote equality, but has become concerned about the very slow ra

te of growth that has held back their national economy for many years. In order to address this problem, the government is likely to:
Business
1 answer:
IceJOKER [234]3 years ago
8 0

Answer: b. reduce taxes and cut back on some social programs

Explanation:

When the Economy is not doing well, Social programs are usually targeted as they usually take a lot of money from the Government's coffers.

It is also a generally held view that reducing taxes as a Fiscal policy can help stimulate the Economy by leaving the public with more funds to invest in and spend on the Economy.

The Government of Ruritania is therefore most likely to combine reducing Social programs as well as reducing taxes. This will have the effect of leaving the Government with some money as it loses revenue from taxes whilst also enabling the public to have more money to invest and to spend which will then lead to Economic growth.

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State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash fl
Rudiy27

Answer:

A. Effect=CASH PAYMENT

Amount=$411,000

B. Effect=CASH RECEIPT

Amount=$440,000

C. Effect= CASH RECEIPT

Amount=$60,000

D. Effect= CASH PAYMENT

Amount=$650,000

E. Effect= CASH PAYMENT

Amount=$50,000

F.Effect=CASH RECEIPT

Amount=$490,000

G. Effect= CASH PAYMENT

Amount=$400,000

H. Effect=CASH PAYMENT

Amount=$1,320,000

Explanation:

Calculation to State the effect of cash receipt or payment and the amount

A. Based on the information given the effect will be CASH PAYMENT of the amount of $411,000

Effect= CASH PAYMENT

Amount=$411,000

B. Based on the information given the effect will be CASH RECEIPT of the amount of $440,000(20,000*$22))

Effect= CASH RECEIPT

Amount= $440,000

(20,000*$22)

C. Based on the information given the effect will be CASH RECEIPT of the amount of $60,000

Effect=CASH RECEIPT

Amount=$60,000

D. Based on the information given the effect will be CASH PAYMENT of the amount of $650,000

Effect=CASH PAYMENT

Amount= $650,000

E. Based on the information given the effect will be CASH PAYMENT of the amount of $50,000

Effect=CASH PAYMENT

Amount=$50,000

F. Based on the information given the effect will be CASH RECEIPT of the amount of $490,000 (98%*$500,000)

Effect=CASH RECEIPT

Amount=$490,000

(98%*$500,000)

G. Based on the information given the effect will be CASH PAYMENT of the amount of $400,000 (10,000*$40)

Effect=CASH PAYMENT

Amount=$400,000

(10,000*$40)

H. Based on the information given the effect will be CASH PAYMENT of the amount of $1,320,000 (1,000,0000*$1.50)-(120,000*$1.50)]

Effect= CASH PAYMENT

Amount=$1,320,000

[(1,000,0000*$1.50)-(120,000*$1.50)]

=$1,500,000-$180,000

=$1,320,000

8 0
2 years ago
73 points I will give if you like and comment 73 points
LuckyWell [14K]

Answer:

i b b beg your pardon

Explanation:

5 0
2 years ago
Read 2 more answers
What is the definition of excellent customer service?
stiks02 [169]
Good customer service means having thorough  knowledge and having a positive attitude.
7 0
3 years ago
This information relates to Hanshew Real Estate Agency.
Molodets [167]

Answer and Explanation:

a. The Journal entry is shown below:-

1. Cash Dr, $35,000

      To common stock $35,000

(Being received cash in exchange of common stock is recorded)

2. No Journal entry is required

3. Equipment Dr, $3,500

      To Accounts payable $3,500

(Being equipment is recorded)

4. Accounts receivable Dr, $10,000

    To service revenue $10,000

(Being service revenue is recorded)

5. Cash Dr, $140

     To Service revenue $140

(Being Cash is recorded)

6. Accounts payable Dr, $700

       To Cash $700

(Being accounts payable is recorded)

7. Salaries and wages expenses Dr, $3,000

      To Cash $3,000

(Being Salaries and wages expenses is recorded)

b. The transaction of T accounts is shown below:-

                          Cash

Oct 1       $35,000        Oct 27     $700

Oct 10     $140               Oct 30     $3,000

Oct 31      $31,440

                        Accounts receivable

Oct 6        $10,000

Oct 31       $10,000

                           Equipment

Oct 3         $3,500

Oct 31        $3,500

                        Accounts payable

Oct 27       $700                Oct 3     $3,500

                                          Oct 31     $2,800

                       Common stock

                                          Oct 1      $35,000

                                          Oct 31     $35,000

                           Service revenue

                                         Oct 6       $10,000

                                         Oct 10      $140

                                         Oct 31       $10,140

                           Salaries and wages revenue

Oct 30     $3,000

Oct 31      $3,000

3 0
3 years ago
What is DYS Camp Avery?
Free_Kalibri [48]

Answer:

A facility that will make you wanna do things that you wouldn't. This place will drive you insane, please shoot me

3 0
3 years ago
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