Answer and Explanation:
The Preparation of company's cash budget is shown below:-
Beginning cash balance $21,000
Add: Cash receipt $100,000
Total cash available $121,000
Less: Cash disbursement $99,000
Excess of cash available
over disbursement $22,000
Add: Borrowings $33,000
Cash balance, ending $55,000
Answer:
They can be their own boss.
Answer:
The Supreme Court decided that the use of prayers to open government meetings in 2014 is constitutional and that such meetings can hold, even if it clearly favors one faith, provided that there is no attempt to harass, intimidate, or coerce other religion believers.
Answer:
economic (or business) cycles are less severe.
Explanation:
If the wages follow the general price level, it means that they will follow the inflation rate. When the economy is strong and inflation might rise, then the wages should increase accordingly. When the economy is starting to enter a recession then the inflation rate will reduce, so wages will not increase as much (if any increase at all).
This type of economic policy favors expansion cycles since private consumption is the main component of the GDP and also helps when the economy enters a recession because the wages will follow inflation rate which will help make the recession less severe and hopefully shorter.
One basic concept for this to work is that inflation is always a positive number, countries rarely (if ever) go through deflation processes.
