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AURORKA [14]
4 years ago
12

Automatic fiscal policy​ ______.

Business
1 answer:
rewona [7]4 years ago
3 0

Answer:

C. operates as the economy moves along its business cycle

Explanation:

Automatic fiscal policy actions occurs when there is a change in the state of the economy that affects tax revenues or government outlays and does not require an action of the government.

Therefore,  Automatic fiscal policy​ operates as the economy moves along its business cycle.

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The ________ ratio measures the extent to which a firm is able to cover its short-term obligations (usually defined as obligatio
borishaifa [10]

Answer:

b. current

Explanation:

current ratio

4 0
3 years ago
A manufacturing company currently produces 1,000 units of a product at a cost of $5,000. The units sell for $7,000. Alternativel
Murljashka [212]

Answer:

The company should not further process the product as it results in income reduction by $1000.

Explanation:

According to the given data, company current profit for 1000 units is :

= (cost of sell) - (cost of manufacturing)

= $7000 - $5000

= $2000 (current profit)

While when company further process the product, the profit will be :

= (cost of sell) - (cost of manufacture)

= $10000 - ( $5000 + $4000)

= $10000 - $9000

= $1000

It clearly shows that further processing the product may result in reduction of profit by $1000.

Hence the company should not further process the product.

4 0
4 years ago
Which of the statements below is correct regarding the difference between a temporary account and a permanent account?
alisha [4.7K]

Answer:A temporary account will not appear on a post-closing trial balance.

Explanation:

3 0
3 years ago
Since Tanya Martin retired, she has used income from her investment in the Alger Mid Cap growth fund to supplement her other ret
elena-s [515]

Answer:

She will receive $ 7,700.

Explanation:

It will receive $ 7,700, because it has taken 55% of its growth growth from its investment, which was $ 14,000 equals that amount. That is (14,000 x 0.55 = 7,700). Thus, by multiplying the value with the retracted percentage we will have $ 7,700.

4 0
3 years ago
The duties of the ______ involve reviewing the organization's financial objectives and major strategies, providing advice to top
Svet_ta [14]

It should be noted that  duties of the board of directors involve reviewing the organization's financial objectives and major strategies in organization.

<h3>Who were board of directors?</h3>

board of directors  can be regarded as the elected group of individuals that represent shareholders.

They provide advice to top management, and reviewing systems to ensure compliance with laws and are governing body .

Learn more about board of directors at;

brainly.com/question/4771644

5 0
2 years ago
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