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Cloud [144]
3 years ago
15

An increase in the government’s budget surplus means a. public saving is greater than $0 and increasing. b. public saving is gre

ater than $0 and decreasing. c. public saving is less than $0 and increasing. d. public saving is less than $0 and decreasing.
Business
1 answer:
Ostrovityanka [42]3 years ago
8 0

Answer:

A) public saving is greater than $0 and increasing.

Explanation:

If the government has a budget surplus it means that its tax revenue is larger than its spending.

Some people use the term public saving to refer to a budget surplus, but the word saving is generally used by private individuals or corporations, not government entities. Governments don't save money, they don't need to do it since they can print it and make more money.

Anyway, if the budget surplus exists and it is increasing, it means that the government is currently having larger tax revenue than spending and that difference is increasing.

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Which type of service specializes in providing advisory services to clients instead of the traditional transaction-based, commis
pickupchik [31]
<span>In regards to providing advisory services as opposed to providing transaction-based, this would be considered consultant servicing. This is due to the fact that there is an ongoing consultation occurring between the servicer and the client at hand, rather than single, one-off transactions.</span>
3 0
3 years ago
Xiong Co. uses a periodic inventory system. Its records show the following for the month of May, in which 65 units were sold. Un
mezya [45]

Answer:

FIFO ending inventory  300 dollars

LIFO ending ivnentory  200 dollars

Explanation:

May-1 Inventory 30 units at $8 $  240

15 Purchases 25 units at $11     $  275

24 Purchases 35 units at $12    $ 420

  Total good available     90 units for a value of $935

We sale 65 units therefore, 25 units remains in our ending inventory.

FIFO will sale the first units leading the newest for inventory

So May 24th would be our ending inventory:

25 units x $12 = $300

LIFO will sale the newest and leave the oldest as inventory.

May 1st units are still at inventory according to LIFO

25 units x $8 = $200

7 0
3 years ago
Ireland Corporation obtained a $40,000 note receivable from a customer on June 30, 2011. The note, along with interest at 6%, is
Paul [167]

Answer:

$39,220

Explanation:

The maturity value of the note receivable on June 30, 2012

= Principal + Interest

= $40,000 + $40,000 x 6%

= $40,000 + $2,400

= $ 42,400

The note is discounted on September 30, 2011. Time period remaining to go till maturity as on September 30, 2011

= 12 - 3 months ( July, Aug and Sep)

= 9 months.

Amount of deduction  

= $ 42,400 x 10% x 9/12

= $ 3,180

Finally, the Cash received by Ireland will be

= Maturity value - Discount

= $42,400 - $ 3,180

= $39,220

5 0
3 years ago
"Falling oil prices have caused a sharp decrease in the supply of oil." Speaking precisely, this quotation is ______.a. Correct;
FinnZ [79.3K]

Answer: Option (d) is correct.

Explanation:

According to the law of supply, it states that there is a positive relationship between the price of a commodity and the quantity supplied of a commodity. This means that as the price of a commodity increases, as a result the quantity supplied of that commodity increases.

Therefore, any change occur in the prices of a commodity will affect the quantity supplied of a commodity not supply of a commodity.

5 0
3 years ago
Gena Manufacturing Company has a fixed cost of $225,000 for the production of tubes. Estimated sales are 150,000 units. A before
kykrilka [37]

Answer: $2.33

Explanation:

The unit contribution margin that is required to attain the profit target will be calculated thus:

= (Fixed cost + Desired profit) / Estimated units

= ($225,000 + $125,000) / 150,000

= $350,000 / 150,000

= $2.33

Therefore, the unit contribution margin is $2.33

7 0
2 years ago
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