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3 years ago

Welfare is a general term for economic and social assistance programs.

Business

1 answer:

Serggg [28]3 years ago

5 0

Answer:

True

Explanation:

Welfare is the provision of social and economic support to individuals and families in society. The intention is to help mitigate their suffering. The governments run welfare programs using public funds.

Social welfare will involve the provision of assistance through programs such as healthcare, unemployment compensation, and food stamps. It also includes education assistance and disaster relief. Direct aid is in the form of food aid, provision of housing, and child well-fare support.

Economic welfare has finance aspects. It includes cash transfers to the elderly and people with severe disabilities. Tax relief and incentives are forms of economic welfare. In times of calamities, governments may give direct financial aid to victims.

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An analysis of stockholders' equity of Hahn Corporation as of January 1, 2020, is as follows: Common stock, par value $20; autho

Oksana_A [137]

Answer:

$905,000

Explanation:

Calculation to determine what should Hahn report at December 31, 2020, as total additional paid-in capital

Total Additional Paid-in capital=$900,000 + (2,000 × $5) –[(2,500-2,000)× $10]

Total Additional Paid-in capital=$900,000 + (2,000 × $5) – (500 × $10)

Total Additional Paid-in capital=$900,000 + $10,000-$5,000

Total Additional Paid-in capital = $905,000

Therefore The amount that Hahn should report at December 31, 2020, as total additional paid-in capital is $905,000

5 0

3 years ago

The Easton manufacturing Company is looking to replace its conveyor belt system. A new system will cost $345,000, and will resul

Paha777 [63]

Answer:

2.25 years

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Amount recovered in year 1 : $-345,000 + $220,000 = $-125,000

Amount recovered in year 2 : -1250000 + 100,000 = $-25,000

-25,000 / 100,000 = 0.25

8 0

3 years ago

Merchant Company purchased property for a building site The costs associated with the property were:

In-s [12.5K]

Answer:

d. $216,200 to Land; $0 to Building.

Explanation:

Calculation of Cost of the land

Purchase price $191,000

Real estate commissions $16,600

Legal fees $2,400

Expenses of clearing the land $3,600

Expenses to remove old building $2,600

Cost of the land $216,200

Calculation of Cost of Building

6 0

4 years ago

Give an example of an economic activity from a traditional economy that is seen in today's market

tankabanditka [31]

Agriculture - This economic activity is ubiquitous in both traditional and modern markets. Since the Neolithic period, humans have domesticated different crops and animals for human consumption. However, in traditional economies, agriculture is less mechanized than in modern markets. Nevertheless, the basic production of crops and animals in traditional markets is fundamentally the same as mechanized production of the same in modern markets.

5 0

4 years ago

is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a

aleksandrvk [35]

Answer:

is personally responsible for all partnership debts

Explanation:

COMPLETE QUESTION

A general partner:

is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a limited partner does not. has a maximum loss equal to his or her equity investment. receives a salary in lieu of a portion of the profits.

EXPLANATION

A general partner can be regarded as a person that joins with another person or join with more than one other person to form a business. A general partner is responsible for the actions that is been taken in the business, He or she is liable personally for all the debts as well as obligations in the business and can bind the business legally. It should be noted that A general partner is personally responsible for all partnership debts.

5 0

3 years ago