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4 years ago

Critically discuss if government interventions to alleviate poverty are sustainable over a long period of time

1 answer:

7 0

I don’t believe that government interventions are sustainable over a long time.
Government interventions such as social welfares are in reality good policies to aid deprived people sustain themselves for a short period of time. Howeveri in order to entirely eradicate their poverty, they have to ultimately get a decent job to maintain their own living, otherwise, the Government just keep on spending and increases national debt over time.

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How should a loss contingency that is reasonably possible and for which the amount can be reasonably estimated be reported

guajiro [1.7K]

Answer:

as a footnote in financial statements or on the balance sheet

Explanation:

A loss contingency can be defined as the situation or occurrence in which there is uncertainty about an entity but that will be resolved when a/some future situation occurs or not.

Simply put, a loss contingency can be said to be loss of an entity that can be resolved later in future by the occurrence or not of an event.

When a loss can be reasonably estimated as seen from the question, it should be written as a footnote on a financial statement or on a balance sheet.

cheers.

5 0

3 years ago

Problem 8-15 Nonconstant Growth [LO1] Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the st

ddd [48]

Answer:

$84.14

Explanation:

P9 = Nest dividend (D10) / Required rate (r) - Growth rate (g)

P9 = $14 / 12% - 6%

P9 = $14 / 0.06

P9 = $233.33

P0 = P9 / (1+Required rate of return)^9

P0 = $233.33/(1+0.12)^9

P0 = $233.33/2.7731

P0 = $84.1404926

P0 = $84.14

So, the current share price is $84.14

7 0

3 years ago

Refer to the given list of assets. 1. Large-denominated ($100,000 and over) time deposits 2. Noncheckable savings deposits 3. Cu

Irina-Kira [14]

Answer:

A. items 2, 4, 7, and 8

Explanation:

As we know that the near money should also be known as the quasi-liquid money and this comprise of high liquid money not only used for the transactions as they are only part of M2 money so it cant be involved in M1 money

And, the other options are related to currency or the instruments instead having less liquidity levels

Therefore the option a is correct

4 0

3 years ago

The peripheral country dilemma of having constantly to borrow in order to fund economic development is known as:

Mariulka [41]

Answer:

debt trap

Explanation:

In simple words, debt trap refers to the situation when a company keeps on incurring debt for repaying off the loans taken earlier. It is called trap as the amount of interest on loan keeps on building up making it impossible for the firm to pay it off completely.

Usually the firms starts getting in debt trap when they lack of funds or due to failure of the specific project for which the loans has been taken specifically. Once the firm gets inside such a situation stepping back becomes nearly impassible leading to complete shut down of the firm.

6 0

3 years ago

Read 2 more answers

A convenience store owner is contemplating putting a large neon sign over his store. It would cost $50,000, but is expected to

Radda [10]

Answer: No, since the value of the cash flows over the first two years are less than the initial investment

Explanation:

value of cash flows for the first two years = $48,000 (24,000x2)

Initial Investment = $50000

Because the additional $48,000 profit during the two year payback is not grater than the $50,000 purchase, they should not put the large neon sign up.

4 0

4 years ago