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3 years ago

Why do you think government constitute one of the major employers in the U.S. economy ?

1 answer:

6 0

The government, not only of the United States, but of all countries, are in a very obvious way, also an employer. This is because the government needs people to do the task that would allow the body to be efficient in handling subjects concerning people, citizens, and the country.

The employee of the government runs from the president him/herself to the lowest position or authority in small subsection community.

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Harris Company manufactures and sells a single product. A partially completed schedule of the company’s total costs and costs pe

Fynjy0 [20]

Answer:

Instructions are lsited below

Explanation:

We don't have enough information to resolve with numbers. But I will leave the formulas necessary to resolve.

The general structure of an income statement proceeds as follow:

Revenue/Sales (+)

Cost of Goods Sold (COGS) (-)

=Gross Profit

Marketing, Advertising, and Promotion Expenses (-)

General and Administrative (G&A) Expenses (-)

=EBITDA

Depreciation & Amortization Expense (-)

=Operating Income or EBIT

Interest (-)

Other Expenses (-)

=EBT (Pre-Tax Income)

Income Taxes (-)

=Net Income

A Contribution Margin Income Statement is a special format of the income statement that segregates the variable and fixed expenses involved in running a business. It shows the revenue generated after deducting all variable and fixed expenses separately.

Sales=

Variable costs:

Cost of good sold=

Sales commissions=

Shipping expense=

Total variable cost=

Contribution margin=

Fixed costs:

Advertising expense=

Shipping expense=

Administrative salaries=

Insurance expense=

Depreciation expense=

Total fixed cost=

Net profit=

5 0

3 years ago

The state government maintains an investment pool for itself and local governments in the state. The investment pool received t

Katyanochek1 [597]

Answer:

$15,000,000

Explanation:

The local government comes under the control of state directly. The amount received from local government should be reported in state's investment trust fund.

8 0

3 years ago

Read 2 more answers

borishaifa [10]

internet service providers

3 0

3 years ago

Barry's Sport Shop calls Champs Tee Shirt Company to order 200 designer tee shirts at $2 per shirt. The next day, Barry decides

lara31 [8.8K]

Answer: No.

Explanation: Based on the initial agreement made between Champs Tee shirt company and Barry's sport shop, which was the de sealed for the purchase of 200 shirts at a price of 100. Even though additional demand of 100 t-shirts was made, Champs decided to send 200. Barry will be unable to force Champs to send the additional 100 because the transaction was made and agreed on verbally without any written. or signed document which could be tendered as evidence when trying to force Champs to send the additional 100

8 0

3 years ago

Assume Metro Company had a net income of $2,100 for the year ending December 2018. Its beginning and ending total assets were

Sever21 [200]

Answer:

7.92%

Explanation:

The computation of the return on total assets is shown below:

Return on assets = (Net income) ÷ (average of total assets)

where,

Net income is $2,100

Average total assets = (Beginning total assets + ending total assets) ÷ 2

= ($33,500 + $19,500) ÷ 2

= $26,500

Now put these values to the above formula

So, the ratio would equal to

= $2,100 ÷ $26,500

= 7.92%

7 0

4 years ago