1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stepan [7]
3 years ago
11

The tables show the spending and revenue for Littleland in 2010. Use the tables and other information to answer the questions. S

pending category Value (millions) education $320 welfare and Social Security $890 health care $270 defense $120 payments on debt $170* other $240 *This payment covers total interest owed only. Revenue category Value (millions) income tax $800 sales tax $270 corporate tax $300 social insurance $340 GDP in 2010: $7.3 billion Total debt as of 2009: $3.5 billion How much money (in millions) did Littleland need to borrow in 2010 to finance its government spending
Business
1 answer:
fgiga [73]3 years ago
7 0

Answer:

$300 million

Explanation:

The computation of debt is shown below:-

But before that we need to determine the following amounts

Total Expenditure = Spending on Education + Spending on Welfare and social security + Spending on Healthcare + Spending on Defense + Payments on Debt + Other Spending

= $320 + $890 + $270 + $120 + $170 + $240

= $2,010 million

Total Revenue = Income Tax + Sales Tax + Corporate Tax + Social Insurance

= $800 + $270 + $300 + $340

= $1710 million

Debt or borrowed amount =Total expenditure - Total revenue

= $2,010 - $1,710

= $300 million

You might be interested in
Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase
lutik1710 [3]

Answer:

Yes, sales have increased as a result of the advertising campaign.

Explanation:

Find attached the explanation.

Note: I had to convert the explanation into both jpeg and files (both contains the same answer) when the answer box kept on rejecting my answer claiming it contains swear words when it does not.

3 0
3 years ago
2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to calculate the estimate
Kazeer [188]

Answer: Hello  your question has some missing details hence I will provide an answer based on the general scope of your question

answer ; =([Cost] * 1.07)

Explanation:

Assuming the table heading for estimated cost in July 2014 is named "Cost"

Total estimated cost

Total =  Cost * ( 1 + Sales Tax )

         = Cost * ( 1 + 0.07 )

         = Cost * 1.07

Excel  equivalent formula used that can be used  = ([Cost] * 1.07)

5 0
2 years ago
Which of the following is incorrect regarding the basic accounting equation?
tekilochka [14]

Considering you accidently messed up the question, Could you give me a brainliest?

3 0
2 years ago
Classify each of the following costs as a direct cost or an indirect​ cost, assuming that the cost object is the Juniors Departm
Tems11 [23]

Answer:

a. Indirect Cost

b. Direct Cost

c. Indirect Cost

d. Indirect Cost

e. Indirect Cost

f.  Direct Cost

g. Direct Cost

h. Direct Cost

i.  Indirect Cost

j.  Indirect Cost

k. Indirect Cost

l.  Direct Cost

Explanation:

The first step in determining whether a cost is a direct cost or indirect cost is to identify the cost object. This is very important !

So with Juniors Department selected as the cost object, we then need to identify costs that can be directly traced by observation into the Juniors Department (Direct Cost) and those costs that can not be directly traced to the Juniors Department (Indirect Costs).

3 0
3 years ago
What aspect of a website makes it easy to understand?
enot [183]

Keeping the website design simple and not too complex will increase the understandability of the website design.

<u>Explanation:</u>

There are certain factors that should be kept in mind while designing a website. Those factors are Keep the design of the website simple. Cramming too much into the design of each page creates confusion. Make a good impression.

The owner of the website should Provide intuitive navigation. Be consistent Choose your colors carefully to make the design of the website look attractive. Make your website responsive Develop for multiple browsers. Check your website for errors

3 0
2 years ago
Other questions:
  • Applewood, Inc. has a contract with Marco's Electronics to sell Marco's 500 car audio systems at a price of $100 each. Applewood
    7·1 answer
  • Tammy Knowles is the publisher of "New Woman Magazine," which is a publication targeted to Gen Y women. Because it is a small, n
    5·1 answer
  • East Corp., a calendar-year company, had sufficient retained earnings in 20X3 as a basis for dividends, but was temporarily shor
    13·1 answer
  • What is a real account?
    9·1 answer
  • Assume that Delalo, Inc. is operating at full capacity. Also assume that assets, costs, and current liabilities vary directly wi
    11·2 answers
  • Goods that are considered to be needs tend to be elastic when the price changes. inelastic when the price changes. elastic when
    9·2 answers
  • George's Equipment is planning on merging with Nelson Machinery. George's will pay Nelson's shareholders the current value of th
    9·1 answer
  • Economic efficiency is
    13·1 answer
  • On September 1, Capitol Maintenance Company contracted to provide monthly maintenance services for the next seven months at a ra
    5·1 answer
  • On December 31, 2015, Howells, Inc. appropriately changed its inventory valuation method to FIFO cost from weighted-average cost
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!