Answer:
The correct answer is: deficit; surplus.
Explanation:
A budget deficit refers to the situation when the government expenditures are greater than government revenue. While a budget surplus is a situation where the government revenues are greater than government expenditure.
When government expenditures are equal to government revenues, the budget is said to be in balance.
A budget deficit is corrected by increasing taxes and decreasing spending.
A budget surplus can also be referred to as government saving.
Answer:
The relative market share of the product
Explanation:
Relative market share of a company or product is a measure that is used to compare the market of a company or product to the market of the largest company, product or competitor in the market. That is, the benchmark that is employed to estimate relative market share is the market share of the leader in the market.
Relative market share is useful in assessing the success, strength and position of a product or firm in the market.
Therefore, Heather is working on determining the relative market share of the product.
Unions are still popular, but not as popular as they were in the late 19th century and early 20th century, because there is more capital circulation, which generally means better conditions for laborers.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Beginning finished goods inventory= $40,000
During the period cost of goods manufactured amounted to $280,000. The ending balance in the Finished Goods Inventory account was $42,000.
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 40,000 + 280,000 - 42,000
COGS= 278,000
