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natali 33 [55]
3 years ago
9

What happens when the government finances a job creation project through taxes and borrowing?

Business
1 answer:
valkas [14]3 years ago
8 0

What happens when the government finances a job creation project through taxes and borrowing? If the government finances a job through taxes and borrowing there are higher taxes or interest rates and that usually causes a decline in employment. The higher taxes and interest rates are imposed because they government is using up the funds to fund their current project so the higher rates are how the government will get the funds back.

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Choose the option that best matches the description given.
Firlakuza [10]

I think it is product

5 0
3 years ago
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John manufactures household furniture. His start-up costs, including tools, plans, and advertising, total \$5000$5000dollar sign
scZoUnD [109]

Answer:

$5,000 + $350f

Explanation:

The computation of the production cost in dollars is shown

Here we use the equation form

The start up cost is $5,000

Labor, material cost $350

Now if he makes f pieces of furniture so, his production cost would be

= Startup cost + labor, material cost

= $5,000 + $350f

Hence, this is the answer and the same is to be provided

8 0
3 years ago
Haven Company uses the percentage of receivables method for recording bad debt expense. The accounts receivable balance is $600,
Katena32 [7]

Answer:

Debit Bad debt expense   $19,000

Credit Allowance for doubtful debt   $19,000

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

Amount that may be uncollectible

= 4% *  $600,000

= $24,000

Given that the Allowance for Doubtful Accounts has a $5,000 credit balance before adjustment, the additional amount to be adjusted for

= $24,000 - $5,000

= $19,000

7 0
2 years ago
Raggs, Ltd. a clothing​ firm, determines that in order to sell x​ suits, the price per suit must be p=120 - 0.5 x. It also deter
kodGreya [7K]

Answer:

A) R(x) = 120x - 0.5x^2

B) P(x) = - 0.75x^2 + 120x - 2500

C) 80

D) 2300

E) 80

Explanation:

Given the following :

Price of suit 'x' :

p = 120 - 0.5x

Cost of producing 'x' suits :

C(x)=2500 + 0.25 x^2

A) calculate total revenue 'R(x)'

Total Revenue = price × total quantity sold, If total quantity sold = 'x'

R(x) = (120 - 0.5x) * x

R(x) = 120x - 0.5x^2

B) Total profit, 'p(x)'

Profit = Total revenue - Cost of production

P(x) = R(x) - C(x)

P(x) = (120x - 0.5x^2) - (2500 + 0.25x^2)

P(x) = 120x - 0.5x^2 - 2500 - 0.25x^2

P(x) = - 0.5x^2 - 0.25x^2 + 120x - 2500

P(x) = - 0.75x^2 + 120x - 2500

C) To maximize profit

Find the marginal profit 'p' (x)'

First derivative of p(x)

d/dx (p(x)) = - 2(0.75)x + 120

P'(x) = - 1.5x + 120

-1.5x + 120 = 0

-1.5x = - 120

x = 120 / 1.5

x = 80

D) maximum profit

P(x) = - 0.75x^2 + 120x - 2500

P(80) = - 0.75(80)^2 + 120(80) - 2500

= -0.75(6400) + 9600 - 2500

= -4800 + 9600 - 2500

= 2300

E) price per suit in other to maximize profit

P = 120 - 0.5x

P = 120 - 0.5(80)

P = 120 - 40

P = $80

8 0
3 years ago
1. Select the correct statement regarding relevant costs and revenues.
Gala2k [10]

Complete Question:

1. Select the correct statement regarding relevant costs and revenues.

A. Sunk costs are not relevant for decision-making purposes.

B. Relevant costs are frequently called unavoidable costs.

C. Direct labor is an example of a unit-level cost.

D. Only variable costs are relevant for decision making.

Answer:

1. A

2. D

3. B

Explanation:

1. The correct statement regarding relevant costs and revenues is that sunk costs are not relevant for decision-making purposes. Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.

2. Expected future revenues that differ among the alternatives under consideration are often referred to as differential revenues. It is the difference in revenues among two (2) alternatives, which would influence decision making.

3. The benefits sacrificed when one alternative is chosen over another are referred to as opportunity costs. It is also referred to as alternative forgone.

<em>For example, Tony gives up going to see a new movie at the cinema in order to prepare for an examination, so as to get a good grade</em>.

8 0
3 years ago
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