1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lena [83]
4 years ago
14

A special tax was levied by Downtown City to retire and pay interest on general obligation bonds that were issued to finance the

construction of a new city hall. Where are the receipts from the tax recorded?
a. Capital Projects Fund
b. Special Revenue Fund
c. Debt Service Fund
d. General Fund
e. None of the above
Business
1 answer:
jonny [76]4 years ago
5 0

Answer:

C. Debt Service Fund.

Explanation:

Dept service funds can be described as monies or reserves which are been used to pay for capitals, interest and certain dept that have accrued by the company and it can cover for any other form of dept owed by the company.

It's existence is put in place to reduce the risk of a debt security for future investors. This can be paid out monthly mid-monthly, quarterly or possibly yearly.

This why the tax on general obligation bonds that has been put upon Downtown city to finance the hall has it receipts in place at the dept service fund office.

You might be interested in
Assume you are the manager of Assembly, Inc. You have just received an order for 38 units of an industrial robot, which is to be
bagirrra123 [75]

Answer:

G order Quantity = 320 no's to meet demand of 251 nos. in multiples of 80s.

G Order timing = 2nd week (beginning)

Explanation:

Solution:

Subassembly G order quantity (in units):

Based on the bill of material structure.

G sub assemblies needed for making one robot = 6+1 = 7

G Sub Assemblies needed making 38 robots = 38 x 7 = 266

Inventory of G sub assemblies = 15

G sub assemblies order needed = Demand - inventory

G sub assemblies order needed = 266 - 15

G sub assemblies order needed = 251

G sub assemblies order needed in multiple of 80's

Since, order quantities in multiple of 80's and more than equal to 251

G assemblies order quantity = 80x4 = 320

The multiple of 80's will meet the demand of 251

Less than 320, we cannot order, because it will not meet the demand of 251. As 80x3 = 240.

So,

320 is the minimum order quantity in multiple of 80's to meet the demand of 251.

b.

Sub assembly G order should start at beginning of the week.

Note: Lead time structure with respect to BOM structure for robot is attached below in the attachment.

Since, G order timing = 2nd week.

8 0
3 years ago
Students can earn a GED by
AysviL [449]

Students can get a GED by

D) passing a test that awards a Certificate of High School Equivalency

Explanation:

GED has a bad rep among the students because it is not said to be favored by professionals or college but that is not the case entirely and one can be giving a GED for a various number of reasons.

If the person has not been able to cross high school for some reason and has been out of school for 10 months and does not want to wait another year, or simply cannot go for another year for the school they can get this test.

It is basically an equivalent test to the one that is usually touted to the kids as high school passing.

6 0
3 years ago
Which of these groupings contains three factors that are all used to calculate a credit score? a. A person's age, missed loan pa
MrMuchimi

Answer:

e. Missed loan payments, high balances on credit cards, and personal bankruptcy

Explanation:

If you look at each of these factors, they are all closely related to an individual's past credit history and their ability to pay their debts on time. If you miss your payments or declare bankruptcy, you obviously are not in a very good financial position. Owing too much money to your credit cards is not a good sign since credit cards charge a very high interest rate and they are usually our last option when we consider financing options.

3 0
3 years ago
Three hairstylist, Francois, Bernard and Mimi run Fast Service Hair Salon. They perform only shampooing and hairstyling activiti
NeX [460]

Answer:

Fast Service Hair Salon

The impact is that instead of a stylist serving only 5 customers in 150 minutes, this same stylist can serve 6 customers.  The company-wide implication is that the three stylists, Francois, Bernard, and Mimi can serve 18 customers in 150 minutes altogether instead of just 15 customers under the former arrangement.

Since Lulu, the receptionist is idle most of the time, she can be assigned the billing of customers to enable the stylists to serve more customers with concentration.

Explanation:

Activities and time:

Shampooing = 10 min

Hairstyling = 15 min

Billing = 5 min

Total time per customer = 30 minutes

If billing is assigned to Lulu, the total time per customer reduces to 25 (30 - 5) minutes, thus saving 5 minutes of the stylist's time or an equivalent of 5/30 or 16.7% of their time per customer.

5 0
3 years ago
Blueberry Baking Company produced 5,500 cakes that require 3 standard pounds per unit at a $3 standard price per pound. The comp
jekas [21]

Answer:

Dr. Work in process                  $49,500

Dr. Material Quantity Variance $4,500

Cr. Raw material Inventory        $49,500

Explanation:

First we need to calculate the Material usage variance

Standard Material = 5,500 cakes x 3 pounds = 16,500 pounds

Standard cost of Standard Material = 16,500 pounds x $3 = $49,500

Actual usage at standard cost = 16,650 pounds x $3 = $49,950

Material usage Variance = $49,950 - $49,500 = $450 unfavorable

When the actual cost incurred is more than the standard cost the variance is unfavorable.

3 0
3 years ago
Other questions:
  • Analyze three decisions you made over the past six months. which of these were programmed and which were nonprogrammed? which mo
    5·1 answer
  • What were the​ company's cumulative earnings over these four​ quarters? What were its cumulative cash flows from operating​ acti
    9·1 answer
  • Present value of bonds payable; premium Moss Co. issued $42,000,000 of five-year, 11% bonds, with interest payable semiannually,
    15·1 answer
  • On January 1, a company issued a $50,000 face value, 8% five-year bond for $46,139 that will yield 10%. Interest is payable on J
    9·1 answer
  • What should you keep in mind when developing recommend actions or procedures?
    10·1 answer
  • How do businesses use the competency "Engaging Communication" to solve problems?
    14·1 answer
  • The businesswoman who kicks her dog off the porch when she gets home because she's had a rough day at work is using the defense
    8·1 answer
  • The Tucker family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a deductible of $1,000 pe
    10·1 answer
  • Since taxes are not a direct component of aggregate demand changes in taxes do not have multiplier effects on income.
    6·1 answer
  • Help ASAP
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!