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iragen [17]
3 years ago
6

The government announced that last year it spent $589 million in mandatory outlays and $416 million in discretionary outlays. It

received $1015 million in revenue. Last year, the government had a budget________ of______$ million.
Business
1 answer:
Keith_Richards [23]3 years ago
3 0

Answer:

The Last year, the government had a budget suplus of $ 10 million.

Explanation:

Government expenditure = $589 million + $416 million

                                           = $1005 million.

Government revenue = $1015 million

Government budget suplus = government expenditure - government revenue

                                              = 1005 million - 1015 million

                                              = $10 million

Therefore, The Last year, the government had a budget suplus of $ 10 million.

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Square Company purchases an equity investment in Tangle Company at a purchase price of $8 million, representing 40% of the book
goldfiish [28.3K]

Answer:

The $280,000 is the income which square report in Tangle for the year.

Explanation:

For computing the income relating to the investment in Tangle for the year, the net income and percentage is applied or we can say equity method is applied.

In mathematically,

Income = Net income × percentage

            = $700,000 × 40%

            =$280,000

All other cost like dividend, market value, purchase price is irrelevant while computing the investment income.

Hence, the $280,000 is the income which square report in Tangle for the year.

3 0
3 years ago
The purpose of the work opportunity tax credit is to encourage employers to hire individuals from specified target groups tradit
Yuki888 [10]

Answer:

true

Explanation:

  • The given statement is true here because the purpose of Work Opportunity Credit is to encourage employers to hire people who are facing employment barriers and are resulting in high unemployment.
  • And examples of the target group are unemployed ex-servicemen, food stamp recipients etc..
  • so this is true statement

5 0
3 years ago
Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms t
tresset_1 [31]
<h2>The given statement is true.</h2>

Explanation:

When we come across the term "Business", there is a sure "risk" involved on it. Without risk no business can run. But we have to be prepared to face the risk. Certain risk should be taken and certain risks should be avoided which would cause sure or severe damage to the organization.

Liability:

"Financial debts associated with the business operation are termed as liability."

So the business persons should be guided to to limit their liability but still needs to exposed to risk to achieve higher profits.

5 0
3 years ago
. Define a primary and secondary market for securities and discuss how they differ. Discuss how the primary market is dependent
Amanda [17]

Explanation:

Primary market for securities is one that provides access to buy new new issues of stocks and bonds of a company. A good example of primary market is an Initial Public Offering (IPO), organized by a company that wants to sell it's shares for the first time to investors.

While Secondary market, are places to sell securities to a secondary (second) buyer from the current security owner who bought from the primary market.

The primary market is dependent on the secondary market since it is the demand from the secondary market that determines the asset valuation of the primary market.

3 0
3 years ago
Bluestone? Metals, Inc., is a metal fabrication firm that manufactures prefabricated metal parts for customers in a variety of i
Ilya [14]

Answer:

yes

Explanation:

I do not know just need points help

4 0
3 years ago
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