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3 years ago

Infrastructure is the basic structure used to support an entire __________. A. city B. economy C. government D. population asap

Business

2 answers:

vaieri [72.5K]3 years ago

6 0

The correct answer is B, Economy.

Infrastructure is the basic structure used to support an entire Economy.

Infrastructure is the basic facilities and systems, that serve a country, city or area. It also includes the facilities and services, necessary for its Economy to function.

Infrastructure includes Roads, Buildings, Power supplies, sewerage, transportation, communication, etc.

When an infrastructure of a country or city or region is efficient, the economy of that country grows at a good pace.

Dvinal [7]3 years ago

3 0

The answer that best fits the blank space in the question is (A) city.

Infrastructure generally refers to <em>the essential facilities and systems that serve an area, which can apply to a city, country, or even smaller regions such as a village</em>.

Infrastructure does not only apply to physical structures such as roads and water supplies, but also to things such as educational programs and emergency services.

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Assume that the company wanted to do some

andriy [413]

Answer:

d. All of these choices are correct

Explanation:

8 0

3 years ago

Francis, Inc. acquired 40% of Park's voting stock on January 1, 2020 for $420,000. During 2020, Park earned $120,000 and paid di

kirill [66]

Answer:

correct answer is b. $444,000

Explanation:

given data

acquired = 40%

voting stock = $420,000

2020 Park earned = $120,000

2021 Park earned = $160,000

paid dividends = $50,000

paid dividends = $40,000

sold half of its stock in Park = $275,000

solution

we get here Balance at December 31 2020 that is express as

Balance at December 31 = Acquisition price + share in net income-share in dividend .........................1

put here value we get

Balance at December 31 = 420000 + (120000 × 0.4) - (60000 × 0.4)

Balance at December 31 = 444000

so correct answer is b. $444,000

7 0

4 years ago

taneeka borrowed 12,000 for a car for 6 years at an APR of 7.25% her monthly payment will be $206.03 true or false

GalinKa [24]

Answer:

The actual monthly payment is $206.08, which is slightly higher than the value given in the question, therefore, the given statement is not true.

Step by Step Explanation:

We have been given the loan amount as $12,000, term of loan as 6 years and annual interest rate as 7.25%.

Let us first find the monthly payment for this data, and then we can compare it with the given data to answer the given question.

We know that EMI formula is given as $C=\frac{P\cdot r\cdot (1+r)^{n}}{(1+r)^{n}-1}$

Upon substituting the given values.

$C=\frac{12000\cdot \frac{0.0725}{12}\cdot (1+\frac{0.0725}{12})^{72}}{(1+\frac{0.0725}{12})^{72}-1}\\C=\frac{12000\cdot 0.0060416666\cdot (1+0.0060416666)^{72}}{(1+0.0060416666)^{72}-1}\\C=\frac{12000\cdot 0.0060416666\cdot (1.0060416666)^{72}}{(1.0060416666)^{72}-1}\\C=206.076\\$

Therefore, the monthly payment is $206.08.

8 0

4 years ago

what is the relationship between the securities and exchange chommisison and accounting standard setting in the united states

zlopas [31]

Complete Question:

What is the relationship between the Securities and Exchange Commission and accounting standard setting in the United States?

A) The SEC requires all companies listed on an exchange to submit their financial statements to the SEC.

B) The SEC coordinates with the AICPA in establishing accounting standards.

C) The SEC has a mandate to establish accounting standards for enterprises under its jurisdiction.

D) The SEC reviews financial statements for compliance.

Answer:

C) The SEC has a mandate to establish accounting standards for enterprises under its jurisdiction.

Explanation:

Accounting principle can be defined as a general guideline to be followed by accountants or financial institutions when they record and report their financial transactions.

The Securities and Exchange Commission (SEC) is a governmental agency saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in a country.

In the United States of America, the Securities and Exchange Commission (SEC) as an independent government agency was established under the Securities Act of 1933 and the Securities and Exchange Act of 1934 of the United States of America. It has the power to propose securities rules and regulations, and enforce federal securities law in the securities market.

GAAP is an acronym for Generally Accepted Accounting Principles, it comprises of the accounting standard, procedures and principles used by public institutions in the United States of America. The U.S GAAP is issued by the Financial Accounting Standards Board (FASB) and adopted by the U.S. Securities and Exchange Commission (SEC).

IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB). The International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globally.

Hence, the relationship between the Securities and Exchange Commission and accounting standard setting in the United States is that, The SEC has a mandate to establish accounting standards for enterprises under its jurisdiction.

3 0

3 years ago

Economists were sharply divided over how to best fight the Great Recession. A vocal minority of economists favored the "Structur

mel-nik [20]

Answer:

rely on the invisible hand of the market to reallocate resources,

Explanation:

The invincible hand was adams Smith's idea which is defined as an observable market force that helps the demand and supply of goods in a free market to attain equilibrium naturally without government intervention in the market thereby leaving the people alone to buy and sell freely among themselves . This would naturally choose type of goods to be produced and reduce resource waste by closing Down weak markets that produce less demanded products.

6 0

3 years ago

Read 2 more answers