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3 years ago

NEED HELP ASAP!!!

Business

2 answers:

garik1379 [7]3 years ago

5 0

The Government is responsible for Public Education and Roads

andreyandreev [35.5K]3 years ago

4 0

Answer:B. Governments

Explanation: Because first and foremost the taxes that are required form the people who are working becomes the property of the government and therefore this money must be allocated well in infrastractures such as roads and national literacy such as education.

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Haft Construction Company determines that 54,000 pounds of direct materials are needed for production in July. There are 3,200 p

alexandr402 [8]

Answer:

cost of direct materials purchases 160,800

Explanation:

pounds required for production 54,000

desired ending inventory 2,800

total needs 56,800

beginning inventory (3,200)

units to be purchased 53,600

cost per unit of direct materials 3

cost of direct materials purchases 160,800

Notes:

The pounds for production and the ending inventory are the raw materials demand.

The beginning inventory is a portion we already have, so we need to purchase less.

Then, we multiply the pounds to be purchased by their cost to get the total cost for direct materials

3 0

3 years ago

Wisconsin Company collected $42,000 cash on its accounts receivable. The effects of this transaction are: Multiple Choice Both t

Bas_tet [7]

Answer:

Option Total assets, total liabilities, and equity are unchanged.

Explanation:

The reason is that the double entry to record this transaction is as under:

Dr Cash Account $42,000

Cr Accounts Receivable $42,000

Hence there increase in one asset and decrease in other asset will have zero net impact on assets. As equity and liabilities are not effected by the transaction, hence they will also remain unchanged.

5 0

3 years ago

Cities are municipal corporations that operate under _______ from the state.

Soloha48 [4]

Cities are municipal corporations that operate under C. Charters from the state.

3 0

3 years ago

Read 2 more answers

A company prepares its income statement by listing all sources of revenues and gains at the top, followed by a list of all expen

lapo4ka [179]

Answer:

Single step income statement

Explanation:

The single step income statement is the simplest form in which an income statement is prepared, e.g.

Revenues:

Sales revenues $100
Interest income $20 $120

Expenses:

Rent expense $30
Utilities expense $10
Wages and salaries $60 ($100)

Income before taxes $20

Tax expenses ($4.20)

Net income $15.80

A multi-step income statement is more complex, since operating revenues and costs are reported first in order to determine operating income, then other revenues and expenses are introduced and income before taxes is calculated.

8 0

3 years ago

The major difference between nominal GDP and real GDP is: nominal GDP measures the value of output with constant output levels,

Andrei [34K]

Answer:

The correct answer is "nominal GDP measures the value of output in current-year prices, while real GDP measures output using constant prices."

Explanation:

The real GDP growth is the value of all goods produced in a given year; nominal GDP is the value of all the goods taking price changes into account.

The nominal GDP is the value of all the final goods and services that an economy produced during a given year. It is calculated by using the prices that are current in the year in which the output is produced. The nominal GDP takes into account all of the changes that occurred for all goods and services produced during a given year. For example, a nominal value can change due to shifts in quantity and price.

The real GDP is the total value of all of the final goods and services that an economy produces during a given year, accounting for inflation. It is calculated using the prices of a selected base year.

The correct answer is "nominal GDP measures the value of output in current-year prices, while real GDP measures output using constant prices."

7 0

3 years ago