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3 years ago

Which of the following concerns about the national debt are substantive? Check all that apply.

1 answer:

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Answer: A. Government's borrowing to refinance the debt may lead to higher interest rates. Higher interest rates reduce investment spending, leaving future generations with a smaller stock of capital goods.

Explanation:

When the Government replaces a debt with another debt by means of Refinancing, they will probably be charged a higher interest rate because replacing debt with another debt is not generally ideal.

A higher interest rate means a higher repayment amount. Should the government keep paying higher and higher rates for debt, they'll have to reduce their spending on Investment. Investment creates Capital Goods such as machines and equipment. A reduction in Investment spending therefore reduces future generations' access to capital goods.

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If the sender in a nonpersonal, paid promotion is identified, we define it as advertising. if the sender is not readily identifi

Ronch [10]

If the sender is not readily identified, we label it propaganda.
Usually, propaganda is used to advertise political causes, and to persuade you into believing that particular promotion. They want you to join them, and to follow their leader, which is why they are promoting their own causes, whilst not identifying themselves.

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3 years ago

Ace Industries has current assets equal to $5 million. The company's current ratio is 2.0, and its quick ratio is 1.6. What is t

Travka [436]

Answer:

=1.25

Explanation:

Current ratio= current asset/ current liabilities

Current ratio= $5 million./ Current Liabilities

Cross multiply we have

But current ratio is 2.0

2= 5/ current liabilities

current liabilities= 5/2

=2.5million

Quick ratio= current Asset- inventory/current liabilities

1.5=( 5- inventory)/2.5

Cross multiply we have

1.5×2.5= ( 5- inventory)

3.75= ( 5- inventory)

inventory= 5-3.75

=1.25

Therefore, the firm's level of inventories is 1.25

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2 years ago

Sellall Department Stores reported the following amounts in its adjusted trial balance prepared as of its December 31 year-end:

Goshia [24]

Answer:

Particulars Amount

Net sales $29,865

Cost of goods sold $17,820

Gross profit $12,045

Selling, gen & admin exp. $1,710 (1,500+210)

Operating Expenses $1,700

Operating Income $15,455

Interest Expenses ($1,400)

Interest Revenue $160

Income before tax $14,215

Income tax expenses $2,630

Net Income $11,585

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2 years ago

Whats 10. Budget ???????????????????????????????

Masja [62]

It's a financial plan that reflects anticipated revenue and shows how it will be allocated in the operation of the business.. :)

7 0

3 years ago

Read 2 more answers

Department M had 2,200 units 54% completed in process at the beginning of June, 11,100 units completed during June, and 1,300 un

MrRa [10]

Answer:

10,289 units

Explanation:

The equivalent units of production under FIFO method means the units that are being worked on during the year. Hence this is the reason why in calculating the unit costs we only consider current period costs and not beginning inventory costs.

Calculation of Equivalent units of Production for conversion costs

To finish Opening Work In Process ( 2,200 × 46%) = 1,012

Started and Completed during the year (11,100 - 2,200) × 100 % = 8,900

Closing Work In Process (1,300 × 29%) = 377

Equivalent units of Production for conversion costs = 10,289

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2 years ago