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Arte-miy333 [17]
3 years ago
8

Financial assets A. directly contribute to the country's productive capacity. B. indirectly contribute to the country's producti

ve capacity. C. contribute to the country's productive capacity, both directly and indirectly.
Business
1 answer:
arsen [322]3 years ago
6 0

Answer:

The correct answer is B

Explanation:

Financial assets are those assets which is defined as the liquid assets and that derive or gets its value from the ownership claim or the contractual right. Its example are bank deposits, cash, mutual funds, bonds and stocks.

These are contributed indirectly to the productive capacity of the country because these (financial assets) permit or allow the individuals or business to invest in governments or firms, which in return allow the government and business to increase the productive capacity.

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Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the clo
Dvinal [7]

Answer:

cash account $15,239

bank statement $14,651

reconciliation per bank statement:

bank statement $14,651

+ deposits in transit $2,247

<u>- outstanding checks ($1,745)         </u>

reconciled bank statement $15,153

reconciliation per cash account:

cash account $15,239

+ error on check No. 919, $9

<u>- bank service fees ($95)             </u>

reconciled cash account $15,153

reconciled bank statement $15,153 = reconciled cash account $15,153

7 0
3 years ago
Ashton’s gross pay is $82,000. he receives tax credits of $2,000. he pays total taxes of $4,500. what are his taxable and dispos
exis [7]
A taxable income is the total amount of money left after being deducted by other government payments. Meanwhile, a disposable income is the accounting of income taxes in an employee's payroll. Therefore, Ashton's taxable income is, $80,000 while his disposable income is $75,500.
7 0
4 years ago
List the two things the government does that fall under fiscal policy. (A.p.e.x.)
sergij07 [2.7K]

Explanation:

These two policies are combined in numerous ways to influence a country's economic situation.

Fiscal policy, together with monetary policy handled by central banks, is the primary means through which governments influence a country's economy. The two primary elements of fiscal policy are income taxes and government expenditures.

8 0
3 years ago
Which of the following is an example of corruption?
neonofarm [45]

Answer:

C) Paying a bribe to a company executive in order to be awarded a contract.

Explanation:

Not only politicians or public officials are corrupt, in order for corruption to exist, there must be some private party willing to give a public servant something in exchange for an illegal favor.

During the past few years a huge corruption scandal was uncovered in Brazil, called the lavajato (car wash in English). The most important result was not only the billions of dollars recovered from public servants and politicians, but the fact that the owners and upper management of virtually all the largest Brazilian corporations were sent to jail as accomplices. It is not common that the richest people in a country are sent to jail.

4 0
3 years ago
Five Card Draw manufactures and sells 24,000 units of Diamonds, which retails for $180, and 27,000 units of Clubs, which retails
Darina [25.2K]

Question Completion:

Find the gross profits for Diamonds and Cards

Find the total gross profit

Answer:

Five Card Draw

                               Diamonds          Clubs           Total

Gross profit          $1,632,000     $1,188,000  $2,820,000

Explanation:

a) Data and Calculations:

                                                  Diamonds       Clubs           Total

Units manufactured and sold     24,000        27,000        51,000

Retail price                                    $180            $190

Sales revenue                          $4,320,000   $5,130,000 $9,450,000

Direct materials cost per unit       $25              $30

Labor rate = $25 per hour

Direct labor hours per unit              3                  4

Total direct labor hours              72,000       108,000       180,000

Estimated overhead = $720,000

Predetermined overhead rate = $4 ($720,000/180,000) per DLH

Overhead allocation                $288,000     $432,000     $720,000

Total direct materials costs    $600,000      $810,000    $1,410,000

Total direct labor costs         $1,800,000  $2,700,000  $4,500,000

Total costs of production     $2,688,000 $3,942,000  $6,630,000

Income Statement:

                                                  Diamonds       Clubs           Total

Sales revenue                       $4,320,000   $5,130,000  $9,450,000

Total costs of production     $2,688,000  $3,942,000  $6,630,000

Gross profit                           $1,632,000     $1,188,000  $2,820,000

3 0
3 years ago
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