Answer:
II. The Federal Government spends more than it collects in taxes in a given year.
Explanation:
A federal budget deficit is when government spending exceeds income from taxes.
I hope my answer helps you
Answer:
B-False
Explanation:
After the retrospective discussion all the improvement items discussed are placed in the Product Backlog. To ensure continuous improvement, the next sprint backlog ( & not the current one) should include at least one high priority process improvement which was identified in the previous Sprint Retrospective meeting.
Answer:
The estimated total manufacturing overhead is closest to $550,000
Explanation:
Total manufacturing overhead = variable + fixed overhead absorbed
Fixed overhead absorbed = Overhead absorption rate × machine hour
Overhead absorption rate = Estimated overhead/Estimated machine hours
= $440,000/50,000 machine hours
= 8.8 per machine hour
Absorbed fixed overhead = $8.8 × 50,000= $440,000
Absorbed variable overhead= $2.20 × 50,000= $110000
Total manufacturing overhead = $440,000+ 110000
=$550,000
The estimated total manufacturing overhead is closest to $550,000
Answer:
The retained earnings of Amos company for the year ended 31st December 2017 is $1,016,400.00
Explanation:
In calculating retained earnings for 2017, I began with prior year retained earnings of $866,000,deducted depreciation net of taxes not recorded previously.
After,having adjusted retained earnings for prior year, I added net income for the year 2017 of $216,000
Finally,I deducted dividends paid during 2017 of $25000 to arrive at closing retained earnings for 2017 as shown in the attached.
The choices can be found elsewhere and as follows:
<span>A.) Big down payment,a longer term loan, and a low interest rate
B.) <span>Big down payment, a shorter term loan, and high interest rate
C.) </span><span>Small down payment, a shorter term loan, and high interest rate
D.) </span><span>Small down payment, a shorter term loan, and small interest rate
I think the correct answer is option A. It would be </span></span>Big down payment,a longer term loan, and a low interest rate that would result <span> in the lowest monthly mortgage payment. Hope this answers the question.</span>