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Archy [21]
3 years ago
10

In Wisconsin, the way the state has balanced its budget led to large protests. Certain interest groups claimed that they have bo

rne an unfair amount of the financial burden. These citizens are claiming the budget lacks ______, one of the criteria used to evaluate policies. Group of answer choices effectiveness equity efficiency administrative feasibility
Business
1 answer:
Leto [7]3 years ago
4 0

Answer:

<u>Equity</u>

Explanation:

Equity in a financial budget would refer to those financial policies relating to taxation of incomes and investments, spendings , etc which are formulated after taking into account the interests of all the sections of the society.

If a budget is favorable to the rich or to the poor, the budget is biased and unbalanced and thus lacks the essential criteria of equity which is justness and fairness to all.

In the given case, a certain section of the masses felt unfair amount of financial burden. Hence, as per the section, the budget is unfair or unequal i.e it burdens one section more than others.

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gayaneshka [121]
Yes .true........................................................
6 0
4 years ago
Read 2 more answers
Whitman has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $26.50 per hour. Du
g100num [7]

Answer:

$137,800

Explanation:

A flexible budget uses the standard hour and costs adjusted to Actual level of output

thus

Flexible budget amount for direct labor = 2 x 2,600 units x $26.50 = $137,800

6 0
3 years ago
Do a SWOT analysis for the business idea you chose in question 2 above. Describe at least 2 strengths, 2 weaknesses, 2 opportuni
OLEGan [10]

Answer:

SWOT analysis for Walmart, 2 strengths, wide variety of products in store, good prices, 2 weaknesses amazon has the potential to take it over, another weakness is a limited supply of products. some opportunities they have is to further expand there stores, Build other stores, some threats are smiths and lins

Explanation:

6 0
4 years ago
Read 2 more answers
Monty Corp. has been in business for several years. At the end of the current year, the ledger shows: Accounts Receivable $ 326,
Aliun [14]

Answer and Explanation:

The journal entry is shown below:

Bad debt expense Dr  $13,472

    To allowance for doubtful debts  $13,472

(Being the bad debt expense is recorded)

The bad debt expense is

= 6% of $326,200 - $6,100

= $13,472

Here the bad debt expense is debited as it increased the assets and credited the allowance for doubtful debts

4 0
3 years ago
MLB The company may build a $20M facility now to handle anticipated market demand for the next 10 years. Alternatively, the comp
densk [106]

Answer:

Alternative 1 has present worth of $20,000,000.00

Alternative 2  has present worth of $18,543,040.00  

Explanation:

The present of the first alternative is the cost of the building the facility now,year zero which is $20 million.The value can be validated as follows:

Year      Cash  flows         Discount factor  present worth

                                                                      cash flow* discount factor

0            $20,00,000       1/(1+10%)^0=1            $20,000,000

The PW of the second alternative:

Year      Cash  flows         Discount factor            present worth

                                                                              cash flow* discount factor

0            $10,000,000       1/(1+10%)^0=1                      $10,000,000

4             $8,000,000        1/(1+10%)^4=0.68301           $5,464,080

7             $6,000,000         1/(1+10%)^7=0.51316            $3,078,960

Present worth of second alternative                            $ 18,543,040

Hence alternative with PW is better as it has lower present worth of $ 18,543,040.00  

5 0
3 years ago
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