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3 years ago

· No clear separation of governmental powers.

Business

1 answer:

ankoles [38]3 years ago

4 0

Answer: The answer is constitutional monarchy

Explanation:

The question is based on constitutional monarchy and practising a parliamentary system of government. A constitutional monarchy is a situation whereby the king is the head of state recognized by the constitution. While the prime minister is the head of government. The prime minister in a parliamentary system of government is a member of parliament elected by his constituency to represent to represent them in the parliament. For example Britain, Belgium,Australia.

The person who assume the position of prime minister is usually the leader of the party who won the majority seat in the parliament. In this government, the executive is also an integral part of the parliament, and before anyone can become a minister under such a government such a person must have won a seat in the parliament also to represent his or her constituency in the parliament. In this system, the king or Queen is the ceremonial head of state.While the prime minister is the real head of government who oversee the day to day affairs of the government. In this system of government, the government seize to exist when a vote of no confidence is passed on such a government on the floor of the house.when this happened, the prime minister must resign and call for new election into the parliament.

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Fernandez Company had an accounts receivable balance of $150,000 on December 31, Year 2 and $175,000 on December 31, Year 3.

Mars2501 [29]

Answer:

The amount collected from customers on accounts receivable during year 3 is $535,000.

Explanation:

Cash received from accounts receivable = Opening balance of AR + Credit Sales - Bad debts written off - Closing balance of AR.

The opening balance for year 3 account receivables was 150000.
Credit Sales = 600000
Bad debts = 40000
Closing Balance = 175000

We can solve this question either by making a T account for accounts receivable or using the equation given above.

Cash = 150000 + 600000 - 40000 - 175000 = $535000

4 0

3 years ago

Read 2 more answers

Last year, Cool Lope, Inc. had an inventory turnover rate of 6.8. This year, the turnover rate is 7.1. Based on this information

AnnyKZ [126]

Answer:

The answer is D.

Explanation:

Inventory turnover is a measure of the number of times inventory is sold in a given period of time period such as in a quarter or in a year.

The formula is Cost of goods sold ÷ the average inventory.

Higher inventory is better than lower inventory because the higher the inventory turnover, the better a business is selling goods(inventories) very quickly and that demand for their product exists. While low inventory turnover depicts weaker sales and declining demand for a company's products

8 0

3 years ago

Brian is responsible for the promotions and public relations of his firm, which produces rubber tires. a recent development in t

brilliants [131]

Answer:

Not newsworthy.

Explanation:

The news is not worth publishing because this is not something that excites the public or catches their attention.

When you are in public relations and you need to advertise and promote a company and it's products, the idea is to capture the imagination of your target audience.

In this example, the news proposal will rightly be rejected because it does not seem to serve any of these purposes.

8 0

3 years ago

What is the amount of the payments that Ned Winslow must make at the end of each of 8 years to accumulate a fund of $90,000 by t

nekit [7.7K]

Answer:

Amount to be paid annually by Ned Winslow = $8461.35

Explanation:

Fv = A ( 1 + r)∧n - 1

90,000 = A ( 1 + 0.08)∧8 - 1

0.08

90,000 = A ( 1.8509 - 1)

0.08

90,000 = 10.6366A

A = 90,000/10.6366

= $8,461.35

3 0

3 years ago

Read 2 more answers

On January 1, 2018, Lumos Company purchased a machine for $70,200. Lumos uses straight-line depreciation and estimates an eight-

jeka94

Answer:

Gain= $4,200

Explanation:

Giving the following information:

Purchase price (2018)= $70,200

Salvage value= $5,400

Useful life= 8 years

Selling price= $42,000

First, we need to calculate the depreciation expense and accumulated depreciation:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (70,200 - 5,400) / 8

Annual depreciation= $8,100

Accumulated depreciation (ending 2021)= 8,100*4= $32,400

If the selling price is higher than the book value, the company gain from the sale. Now, we need to determine the book value.

Book value= purchase price - accumulated depreciation

Book value= 70,200 - 32,400= $37,800

Gain/loss= selling price - book value

Gain/loss= 42,000 - 37,800

Gain= $4,200

6 0

3 years ago