Answer:
D. All of the above.
Explanation:
All the given statements are correct, they will have to tax the middle class as well, government will have to reduce the expenditure and just taxing the rich will not be enough. To eliminate the deficit, government spending must be reduced.
That statement is false.
Liabilities are items that you owed to another people because of a certain transaction. (such as when you buy a certain product on credit)
We refers valuable items that we owned as an asset, which we could use to fund the operation that generate more wealth for us.
The journal entry to record the given sale of $200 on credit would include a debit to the bill receivables account.
<h3>What is a journal entry?</h3>
A systematic and chronological record of financial transactions that take place in a business organization during a given period is known as a journal entry.
Hence, the significance of journal entry is given.
Learn more about a journal entry here:
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Answer:
EAC of Machine A is $6,788.64
EAC of Machine B is $6,094.62
We should purchase Machine B because of its ]lower EAC
Explanation:
Equivalent Annual Cost (EAC) = (Asset price x discount rate)/(1-(1+discount rate)^(-n))), in which n is the number of year for usage of asset.
EAC of Machine A is $6,788.64 = ($15,500x15%)/(1-(1+15%)^(-3))
EAC of Machine B is $6,094.62 = ($17,400x15%)/(1-(1+15%)^(-4))
Answer:
C. Dependable.
Explanation:
Veronica is showing that she is dependable as she never misses a day of work, even though she lives in a cold climate where ice, snow and freezing temperature are common, which shows that she is reliable and committed towards her work. An employer can trust employees like her in assigning some of very important task or role, which is time-bound and require commitment. There are two characteristics of a dependable person is honesty and reliability, the reliable employee is the one who is committed.