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3 years ago

The U. S. national debt:______________.

Business

1 answer:

Dafna11 [192]3 years ago

3 0

Answer:

d. equals the dollar amount of outstanding U.S. Treasury bonds

Explanation:

The National debt is entirely represented by the total dollar amount of outstanding U.S. Treasury bonds, both those bonds that are held by the public (private citizens), or by other governments.

Currently, the U.S. National Debt is over 24 million, and the amount of debt that can be issued in the form of U.S. Treasury bonds is limited by the national debt ceiling.

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A company has the following selected account balances: Sales $ 250,000 Sales Discounts 1,500 Sales Returns and Allowances 2,300

Ulleksa [173]

Answer:

$121,200

Explanation:

Calculation to determine the gross profit that would appear on a multiple-step income statement

First step is to determine the Net sales

Sales $ 250,000

Less Sales Discounts ($1,500)

Less Sales Returns and Allowances ($2,300 )

Net sales $246,200

Now let determine the Gross profit using this formula

Gross profit=Net sales-Cost of Goods Sold

Let plug in the formula

Gross profit=$246,200-$125,000

Gross profit=$121,200

Therefore the gross profit that would appear on a multiple-step income statement is $121,200

8 0

3 years ago

Last year Easton Corporation reported sales of $480,000, a contribution margin ratio of 25% and a net loss of $16,000. Based on

Debora [2.8K]

Answer:

B. $544,000

Explanation:

Given: Sales: $480000.

Contribution margin ratio= 25%

net loss= $16000.

Break even point: It is point in business where profit is equal to expenses of the business.

Now, finding the fixed expense.

Fixed expense= $loss+ (contribution\ margin\times sales)$

⇒ Fixed expense= $16000+ (0.25\times 480000)$

⇒ Fixed expense= $16000+ 120000$

∴ Fixed expense= $\$ 136000$

Next, computing the break even point

Sales to Break even point= $\frac{Fixed\ expense}{Contribution\ margin\ ratio}$

⇒ Break even point= $\frac{136000}{0.25}$

∴ Break even point= $\$ 544000$

Hence, the break even point was $544000

8 0

4 years ago

An investment earns 35% the first year, earns 40% the second year, and loses 38% the third year. The total compound return over

Vladimir79 [104]

Answer:

17.18%

Explanation:

compound return = ( 1 + 0.35)x (1 + 0.40) x (1-0.38) - 1

1.35 x 1.40 x 0.62 - 1 = 17.18%

6 0

3 years ago

According to Anne Roe’s personality theory of career choice, people choose occupational fields based on their ______________, wh

Gekata [30.6K]

According to Anne Roe’s personality theory of career choice, people choose occupational fields based on their <u>need structures</u>, which were influenced by the childhood environments that they experienced.

<u>Explanation</u>:

Anne Roe’s personality theory of career choice was well explained in her book <u>“Psychology of Occupations”</u>. There are certain factors that influence in deciding the career of a person. The factors are psychology, biology and sociology of a person.

Individuals decide their field of work based on their demands and needs. The childhood experience may also influence the occupation field of the person. Need structure provides the requirement of the person according to their lifestyle and requirements.

4 0

3 years ago

A firm in a perfectly competitive market: a.must reduce its price if it wants to sell a larger quantity. b.must be large relativ

mr Goodwill [35]

A firm in a perfectly competitive market: d. must take the price that is determined in the market.

<h3>What is a perfectly competitive market?</h3>

A perfectly competitive market can be defined as a type of market in which there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This ultimately implies that, all business firms in a perfectly competitive market must be willing to take the price that is determined in the market.

Read more on price here: brainly.com/question/11898489

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4 0

3 years ago