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Ahat [919]
3 years ago
10

Consider the following sequence of events: Congress passes a bill. The president vetoes it. Congress overrides the veto. The bil

l becomes a law. What constitutional principle is at work? (CS 15)
Business
1 answer:
MArishka [77]3 years ago
4 0

Answer:

The constitutional principle of <em>separation of powers</em>

Explanation:

A veto by the President simply means he excises his constitutional power to reject a bill passed by  Congress.

However Congress can override the veto if<em> </em><em>approved </em>by two thirds of the House, then the bill can become Law. This is done to prevent the President from  blocking a bill when there is much support for it.

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Trainor Company estimates bad debt expense using a percentage of credit sales (5%). The company began its current year with an $
xeze [42]

Answer:

a) $12,750

Explanation:

The computation of the bad debt expense is shown below:

= Credit sales × estimated percentage given

= $255,000 × 5%

= $12,500

Simply we multiplied the credit sales with the given estimated percentage so that the accurate amount can come i.e bad debt expense for the particular year

All other information which is given is not relevant. Hence, ignored it

7 0
3 years ago
What are the characteristics of a partnership​
-BARSIC- [3]

Answer:

Existence of an agreement: ...

Existence of business: ...

Sharing of profits: ...

Agency relationship: ...

Membership: ...

Nature of liability: ...

Fusion of ownership and control: ...

Non-transferability of interest:

8 0
3 years ago
Judy's Boutique just paid an annual dividend of $3.73 on its common stock. The firm increases its dividend by 3.40 percent annua
Talja [164]

Answer:

cost of equity = 12.16 %

Explanation:

given data

annual dividend of $3.73

increases dividend = 3.40 percent annually

stock price = $43.96 per share

to find out

What is the company's cost of equity

solution

we will use here Gordon model for compute company's cost of equity that is

market value = \frac{dividend* ( 1+growth\ rate)}{cost\ of\ equity - Growth\ rate}         ........................1

put here value we get

43.96 = \frac{3.73* ( 1+0.034)}{cost\ of\ equity - 0.034}

solve it we get

cost of equity =  0.121735

cost of equity = 12.16 %

8 0
4 years ago
What is authenticity in the often-used framework of quality criteria?
Sergio [31]
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3 years ago
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