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Soloha48 [4]
3 years ago
15

When a government creates a budget, it is seeking a way to spend as much revenue as possible. cut spending to a bare minimum. re

turn as much money to taxpayers as possible. allocate money to programs and projects.
Business
2 answers:
Nataly_w [17]3 years ago
3 0

Answer: D.) Allocate money to programs and projects

Explanation: just took the test. Quizlet.

muminat3 years ago
3 0

When a government creates a budget, it is seeking a way to

spend as much revenue as possible.

cut spending to a bare minimum.

return as much money to taxpayers as possible.

allocate money to programs and projects.

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A law making labor more expensive will have what impact on the supply curve?
Mkey [24]
A. Shifting to the left
7 0
3 years ago
Read 2 more answers
On January 1, a company issues bonds dated January 1 with a par value of $250,000. The bonds mature in 5 years. The contract rat
-BARSIC- [3]

Answer and Explanation:

Given:

Sales price of bond = $260,148

Issue price of bond = $250,000

Total premium on bond = $260,148 - $250,000

Total premium on bond = $10,148

Number of year = 5 year = 5 × 2 semi-annual = 10

Per period payment = Total premium on bond / 10

Per period payment = $10,148 / 10 = $1,014.80

Cash paid = $250,000 × (9%/2) = $11,250  

                               Journal Entry

Date       Account Title and Explanation    Debit     Credit

              Interest                     A\c Dr     10,235.20  

              Premium on Bond   A\c Dr        1,014.80  

              Cash                        A\c Cr                        11,250.00

Note: interest calculated from balancing figure

6 0
3 years ago
An outside supplier offers to provide Epsilon with all the units it needs at $60 per unit. If Epsilon buys from the supplier, th
Oduvanchick [21]

Question Completion:

Epsilon Co. can produce a unit of product for the following:

Direct material $8

Direct labor 24

Overhead 40

Total costs per unit $72

Answer:

Epsilon Co.

Epsilon should choose to:

Make since the relevant cost to make it is $56.

Explanation:

a) Data and Calculations:

Direct material           $8

Direct labor                24

Overhead                  40

Total costs per unit $72

Relevant Costs:

                                 Make              Buy

Direct material            $8

Direct labor                 24

Overhead                   24

Total costs per unit $56                $60

b) It costs Epsilon less to make the units than to buy from the outside supplier.  The relevant cost excludes the 40% of the overhead that will still be incurred by Epsilon if it buys from the supplier.  Relevantly, it costs Epsilon $56 per unit to make when compared to the unit cost of $60 to buy.  In absolute terms, it will cost Epsilon $76 ($60 + $16) to buy as against $72 to make a unit of the part.

6 0
2 years ago
On December 31, Strike Company traded-in one of its batting cages for another one that has a cost of $500,000. Strike receives a
Ronch [10]

Answer:

C. loss of 19,000

Explanation:

Old equipment cost = $215000 - $185000

                                 = $30000

Loss = $30000 - $11000

        = $19000 loss

Therefore, The amount of the gain or loss on this transaction is a loss of $19000.

5 0
3 years ago
You need $76,000 in 11 years. If you can earn .43 percent per month, how much will you have to deposit today?
ivolga24 [154]

Answer:

$ 43,135.67

Explanation:

The amount required today is the present value of the future expected amount in 11 years computed using the present value formula below:

PV=FV/(1+r)^n*m

PV=the unknown present value

FV=$76,000

r=monthly interest rate=0.43%

n=number of years=11

m=number of months in 1 year=12

PV=$76,000/(1+0.43%)^(11*12)

PV=$76,000/(1+0.43%)^132

PV=$76,000/1.761883042

PV=$ 43,135.67  

3 0
3 years ago
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