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Alik [6]
2 years ago
12

Eastland’s government has a total national debt of $500 million, which is financed as follows: $100 million is held by other gov

ernment agencies, $200 million is held by Eastland’s citizens, and $200 million is held by foreign citizens. The amount of public debt in Eastland is:.
a) $500 million

d) $100 million

b) $400 million

c) $300 million
Business
1 answer:
luda_lava [24]2 years ago
4 0

Answer:

The public debt owed by Eastland is $400 million

Explanation:

In this question, we are asked to calculate the amount of public debt in Eastland.

Public debt refers to the amount of money owed by a country to external borrowers.

It doesn’t include such debt that the country owes itself. For example, debts owed by one agency of government to another.

Hence to calculate the public debt of Eastland, we add the amount of debts owed by citizens of Eastland + Amount of debts owed by foreign citizens in Eastland .

Amount of debt owed by citizens of Eastland is $200 million while the amount of debt owed by foreign citizens is also $200 million.

Mathematically the public debt will be ; $200 million + $200 million = $400 million

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Narver Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department
Karo-lina-s [1.5K]

Answer:

44,780 units

Explanation:

When a company uses the weighted average method in its process costing system, the beginning inventory nor the units transferred in are included in the calculations for equivalent units. Only units transferred out and ending inventory are use to calculate equivalent units:

equivalent units = units transferred out + (ending inventory x % of completion)}

equivalent units = 37,100 units + (9,600 units x 80%) = 37,100 units + 7,680 units = 44,780 units

8 0
3 years ago
The erie canal connected industry and consumers in the east with what group?
umka21 [38]

The Erie canal was able to connect industries and consumers in the east with c. Midwestern farmers.

The Erie Canal:

  • Was completed in 1825
  • Connected New York City and the Great Lakes
  • Allowed for goods to be shipped to and from the New York to the Great Lakes

The Great Lakes were accessible to farmers in the midwestern region and after the Erie Canal was built, farmers were able to send their produce via the Great Lakes and through the Erie Canal to New York City where it could be purchased by industries and people or shipped internationally.

In conclusion, the Erie canal was very important to midwestern farmers as it increased their reach.

<em />

<em>Find out more at brainly.com/question/6499420. </em>

Options for this question include:

a. Southern planters

b. Canadian fur traders

c. Midwestern farmers

d. New England fishers

7 0
2 years ago
Zoey Bella Company has a payroll of $9,440 for a five-day workweek. Its employees are paid each Friday for the five-day workweek
Ratling [72]

Answer:

Dr Salaries expense $7,552

Cr Accrued salaries $7,552

Being entries to record salaries payable as at year end

Explanation:

When an expense is incurred but yet to be paid by an organization, the entries required are

Dr Expense (p/l)

Cr Accrued expense (B/s)

when payment is made

Dr Accrued expense (B/s)

Cr Cash account

Given that Zoey Bella Company has a payroll of $9,440 for a five-day workweek and the year ends on a Thursday. As such, the company  as at 31 December has incurred salaries for 4 days. This has to be accrued for but first to calculate the amount

= 4/5 * $9,440

= $7,552

Hence adjusting entry required on December 31, assuming the year ends on a Thursday

Dr Salaries expense $7,552

Cr Accrued salaries $7,552

Being entries to record salaries payable as at year end

7 0
2 years ago
25 points --
Ilia_Sergeevich [38]

Answer:

1 and 3 or A and C

Explanation:

I did it on edgnuity mark me brainliest

8 0
2 years ago
Discussions of the economic results of rent control and of federal farm programs would be considered​ ________ analysis, and dis
mestny [16]

Answer: Positive and Normative

Explanation:

Positive economic analysis is basically something that is based on actual facts and cannot be approved or disapproved through views or opinions of others.

Whereas, normative economic analysis is something that focuses on the measure of how the policy is, whether good or bad or the way it should be or should become etc.

Rent control and federal farm programs are positive economic analysis. Its a fact.

Whether it is bad or good is normative economic analysis because you're able to value its fairness.

4 0
3 years ago
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