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MakcuM [25]
4 years ago
12

Identify a few of the most recent times the Supreme Court was able to have a significant effect on the distribution of power bet

ween the national and state governments. Does the Court still have the power to influence this division in significant ways
Business
1 answer:
Sauron [17]4 years ago
5 0

Answer:

Explanation: The recent Supreme Court decisions provides hope to those championing state sovereignty.

In National Federation of Independent Business (N.F.I.B.) v. Sebelius, a majority of the court determined that the individual mandate under the health care act exceeded Congress’s commerce clause power.

In Shelby County v. Holder, the court held that Congress unconstitutionally infringed on state sovereignty by using an outdated formula under the Voting Rights Act to decide which states had to get federal approval before changing their voting laws.

In United States v. Windsor, the court emphasized that the Defense of Marriage Act was unconstitutional in part because the regulation of domestic relations has always been left to the exclusive province of the states.

The Supreme Court has been the last arbiter of the balance between state and federal power, and that balance is dictated by the narrowest of margins. Consequently, federal politics, including the next Supreme Court appointment, may determine the scope of state sovereignty for years to come.

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The transactions of Spade Company appear below.
ICE Princess25 [194]

Answer:

Required 1 : General journal entries

A.

Cash $100,750 (debit)

Capital ; K. Spade $100,750 (credit)

B.

Office Equipment  $10,050 (debit)

Trade Payable  $10,050 (credit)

C.

Trade Payable  $10,050 (debit)

Cash $10,050 (credit)

D.

Trade Receivable $2,700 (debit)

Fees Earned $2,700 (credit)

E.

Rent Expense $1,225 (debit)

Cash $1,225 (credit)

F.

Cash $1,125 (debit)

Trade Receivable $1,125 (credit)

Required 2 : Posting Journal Entries to T - Accounts

Cash Account

<u>Debit</u>

Capital ; K. Spade   $100,750

Trade Receivable         $1,125

Totals                        $101,875

<u>Credit</u>

Trade Payable          $10,050

Rent Expense              $1,225

Balance c/d             $90,600

Totals                        $101,875

Capital Account

<u>Debit</u>

Balance c/d        $100,750

Totals                  $100,750

<u>Credit</u>

Cash                    $100,750

Totals                  $100,750  

Office Equipment Account

<u>Debit</u>

Trade Payable        $10,050

Totals                      $10,050

<u>Credit</u>

Balance c/d             $10,050

Totals                      $10,050

Trade Payable Account

<u>Debit</u>

Cash                             $10,050

Totals                           $10,050

<u>Credit</u>

Office Equipment        $10,050

Totals                           $10,050

Trade Receivable Account

<u>Debit</u>

Fees Earned     $2,700

Totals                $2,700

<u>Credit</u>

Cash                   $1,125

Balance c/d       $1,575

Totals                $2,700

Rent Expense Account

<u>Debit</u>

Cash                                   $1,225

Totals                                 $1,225

<u>Credit</u>

Profit and Loss Account   $1,225

Totals                                 $1,225

Fees Earned Account

<u>Debit</u>

Trading Account  $2,700

Totals                    $2,700

<u>Credit</u>

Trade Receivable $2,700

Totals                    $2,700

Explanation:

All transaction are first record in the journal. Be careful to use the account titles provided by the question.

The Posting to general account is the second stage in accounting. Here account balances to be transferred into the trial balance are established.

8 0
3 years ago
It is estimated that logistics costs including transportation, distribution center operations, and order processing represent __
stira [4]

It is estimated that logistics costs including transportation, distribution center operations represent 25 to 30% of the retail price that you pay for a new car.

<h3>What is retail price?</h3>

The retail price is the price that a customer will pay when purchasing a product at a retail store. This is the final price that customers pay for the goods purchased.

Here, other expense cost are added before a retail price is decided by a seller so that they can have profit from the sale.

Hence, It is estimated that logistics costs including transportation, distribution center operations, and order processing represent 25 to 30% of the retail price that you pay for a new car.

Learn more about retail price here : brainly.com/question/12929999

6 0
3 years ago
Unemployment describes the condition where
Serggg [28]

Answer:

Unemployment is defined as a situation in which a person wants to be employed but is not able to get a job.

Explanation:

Option C is the correct answer that perfectly describes unemployment. it occurs when a person is willing to work but due to recession or bad economic conditions is unable to find a job. it is commonly encountered by those people, who are looking for job in high number but due to non availability of job are unemployed.

5 0
3 years ago
Suppose the yield on short-term government securities (perceived to be risk-free) is about 4%. Suppose also that the expected re
iogann1982 [59]

Answer: 10%

Explanation:

The Capital Asset Pricing Model or CAPM for short can be used to calculate expected return in the following manner,

Expected return = Rf+B(Rm-Rf)

Rf = Risk free rate

B = Beta

Rm= Market return.

Plugging the figures in we have

Expected return = Rf+B(Rm-Rf)

= 0.04 + 1(0.1 - 0.04)

= 0.1

= 10%

5 0
4 years ago
Analyse and discuss the term ‘buyer motivation', in relation to innovative banking products and services.
yaroslaw [1]

Answer: Buyer motivation could be described as factors(mind related) that are behind a customer's decision of purchasing an item.

Explanation:

Buyer motivation could be described as factors(mind related) that are behind a customer's decision of purchasing an item. Every customer buying an item will consider a lot of things before getting one, although this varies compared to other person's. Some may buy out of a need, others a want, some panic buy. They all vary. Buying is more of a physiological thing than any other thing.

7 0
3 years ago
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