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3 years ago

Which of the actions must be taken if a municipality wishes to raise its debt limit?

Business

1 answer:

kaheart [24]3 years ago

4 0

Answer:

Public referendum

Explanation:

Public referendum

Raising debt limit is not one side decision it always been bilateral decision between public and government. it is done to raise the treasury of government. it is yearly program which may be initiate on the basis of condition of municipality funds. therefore it need referendum from public side to decide whether to increase the debt limit or not

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Torres Company uses the gross method and a perpetual inventory system. Assuming the following entries, compute the amount that T

Karo-lina-s [1.5K]

Answer:

Torres Company received $4,800 on May 12.

Explanation:

When The Sale was made, the following entries apply :

Trade Receivable $5,000 (debit)

Sales Revenue $5,000 (credit)

Cost of Sales $3,000 (debit)

Merchandise $3,000 (credit)

Freight Expenses $110 (debit)

Cash $110 (credit)

When Campbell Company returned Merchandise :

Sales Revenue $200 (debit)

Trade Receivable $200 (credit)

When Campbell Company pays for the goods

The payment is made 2 days out of the discount period, therefore not eligible for discount.

Settle amount in full less Return Allowance of $200

Trade Receivable $4,800 (debit)

Cash $4,800 (credit)

Conclusion :

Torres Company received $4,800 on May 12.

6 0

3 years ago

Imagine you live on the planet Krypton. The loanable funds market on Krypton is thriving and life is good. However, the planet i

sergij07 [2.7K]

Answer: fall; decrease

Explanation:

People save in order to be able to consume in future. If it is discovered that there will be no fixture, there would be no need to save. The supply of loanable funds would therefore decrease as people stopped saving.

Because there is reduced loanable funds, less investments would be done as these require loanable funds. With less investments being done, the economic output will decrease.

5 0

3 years ago

Wants to start a fashion boutique that will sell tailor-made garments and accessories. She plans to open boutique stores in life

Akimi4 [234]

Answer:

commercial bank people will help her in that regard

5 0

4 years ago

Explain why newspapers advertising is not effective on illiterates

SCORPION-xisa [38]

Answer:

cause how are illiterate people gonna read the newspaper? therefore: newspapers=not for people who can't read

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3 years ago

An _______ is an activity to get you thinking about your project including your role, the challenge and objectives. Question 4 o

butalik [34]

Answer:

obstacle course

Explanation:

An obstacle course helps your mind to focus on your project or activities and gets your thought process going.

5 0

3 years ago