Answer:
a.asset
b.stockholders' equity
c.expense
d.expense
e.asset
f.asset
g.asset
h.asset
i.revenue
j.liability
k.revenue
l.expense
Explanation:
Assets are economic resources arising from past events, that result in the flow of economic benefits in the future.
Liabilities are present obligation of an entity arising from past event, that result in the outflow of economic benefits.
Revenues and Incomes are increases in Assets and decreases in liabilities.
Expenses are decreases in Assets and increases in liabilities
Equity is the residue that results after deducting liabilities from assets.
Answer:
D. an excess of government spending over government revenues during a given time period.
Explanation:
A government deficit describes a situation where the government's expenditure exceeds the total revenue collected. The government's primary source of income is through taxation. A deficit arises as a result of government policy or the occurrence of unexpected events.
A government may finance the budget deficit by borrowing funds from the local market or international lenders. It may also issue bonds or treasury bills. The government may also cut down on its expenses, or raise taxes to address the budget deficit.
Answer:
80%
Explanation:
For computing the return on investment first we have to need the following calculations
New contribution margin = Old contribution margin + increase in contribution margin
= $260,000 + $30,000
= $290,000
And,
Net Income = Contribution margin - Total direct fixed costs
= $290,000 - $90,000
= $200,000
ROI = Net income ÷ average operating assets
= $200,000 ÷ $250,000
= 80%
Answer:
when p = $9.50, Q = 0.25units
when p = $6.50, Q = 4.25units
Explanation:
The detailed step is shown in the attachment
Explanation:
The three components of democratic capitalism are: private ownership of the means of production, the labor market and the exchange of products in a market whose profit is obtained.
When imagining an economic context without free companies, the scarcity would be increasing and there would be an economic slowdown that would impact the lives of thousands of people and lead to an increase in poverty, hunger and starvation.
Such problems could also happen without a freely elected government.
Therefore, ethical and moral values must be considered as the basis of any economic system, so that all market mechanisms flow in order to satisfy the needs of citizens with regard to products, services, employment and dignity.