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3 years ago

Provide an economic argument for why the U.S. is home to 25% of global prisoners.

Business

1 answer:

Rainbow [258]3 years ago

6 0

Answer:

1. High rate of tax payment

2. Stricter Government Policies

3. High rates in crimes, kidnappings and killings

Explanation:

It is evident from statistics that the rate of incarceration in the United States is more than half of most countries in the World. It means that out 716 people out of 100000 people in the world are incarcerated in the United states.This is true due to the following reasons

1. The Economic situation in the states is a bit stricter than anywhere in the world. High taxes on Sole business owners, about 42%. Defaulters are made to face the wrought of the law.

The U.S. criminal justice system has been politicized and more responsive to popular opinion, experts said. The United States also functions as 51 separate countries, because so many of the criminal justice decisions are made at the local and state levels. Legal officers like(Justice, sheriffs, prosecutors, legislators voting on crime laws, have supported the "get tough" policies that makes punishment stricter for offenders.

3. High rates in crime and killings. Crime rates and killings has been on the increase in recent times due to several economic and social factors. children for broken homes are not well brought up to instll moral values that could make them responsible and add value to the society hence they are more prone to social vices

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Sadler Corporation purchased equipment to be used in manufacturing. The purchase was made at the beginning of 2015 by paying cas

il63 [147K]

Answer:

The journals entry to record depreciation on the equipment for 2016 will be:

Debit Depreciation expense $14,000

Credit Accumulated depreciation $14,000

<em>(To record depreciation expense for Year 2016)</em>

Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / Estimated useful life = ($150,000 - $10,000) / 10 years = $14,000 yearly depreciation expense. This applies to Years 2015 and 2016.

The change in the estimate in Year 2017 will not affect the depreciation expense for 2016 based on the previous parameters,

6 0

4 years ago

Archway Architects, Inc., makes travel arrangements online and stores the confirming documents and receipts on its servers. Unde

Firlakuza [10]

Answer:

The correct answer is D that it is a record.

Explanation:

Record is the term which is described as keeping a track of the items which is necessary for the business by recording them and can be use a proof if something wrong happen in the business.

So, keeping the documents as well as the receipts on the servers, under the UETA, information which is inscribed, stored in any form is a record.

6 0

3 years ago

Assume the lunch plate industry in Oahu, a perfectly competitive industry, is in long-run equilibrium with a market price of $5.

Wewaii [24]

Answer:

Explanation:

The lunch plate industry in Oahu is a perfectly competitive industry.

This industry is also a decreasing cost industry. A decreasing cost industry can be defined as the type of industry where an increase in the number of firms in the industry causes the average production cost to decline.

The industry is currently in long-run equilibrium and has the price level at $5.

As the demand increases, the price level will initially increase. But this increase in the price will cause the profits to increase and thus attract potential firms to join the market.

As the number of firms increases the average cost of production will decrease. As a result, the supply in the market will increase more than the demand.

So the long-run equilibrium will be reestablished at a lower price than earlier.

7 0

3 years ago

Assume that Zonk is a potential leveraged buyout candidate. Assume that the buyer intends to put in place a capital structure th

vekshin1

Answer:

A.8.85%

Explanation:

Computation to determine the weighted average cost of capital for Zonk based on the new capital structure.

First step is to calculate the Cost of equity capital using this formula

Cost of equity capital = Risk free rate + (Beta*Market premium)

Let plug in the formula

Cost of equity capital = 2.3% + (1.13*5.3%)

Cost of equity capital=8.28%

Now let determine theWeighted average cost capital

Weighted average cost capital = [.70*.14*(1-.35)]+(.30*.0828)

Weighted average cost capital= [.70*.14*.65]+.02484

Weighted average cost capital=0.0637+.02484

Weighted average cost capital= .0885*100

Weighted average cost capital= 8.85%

Therefore the weighted average cost of capital for Zonk based on the new capital structure is 8.85%

4 0

3 years ago

Julio is the owner of Party Pros, Inc., a party supply company. The company provides tents, tables, chairs, and related products

Setler [38]

Answer:

Line organization

Explanation:

Based on the information provided within the question it can be said that in this scenario it is pretty clear that Party Pros Inc. is using a Line organization model. This approach focuses on a business model where authority in the organization flows from the top to the bottom. Without seeing the Celebration's organization chart it is clear this is the case because Julio is the owner of the company, meaning there is one individual in charge and the organization is giving the orders from up top to hire more personnel and departmentalize

3 0

4 years ago