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aniked [119]
3 years ago
11

The argument that the national debt imposes a burden on future generations becomes more compelling as

Business
1 answer:
svetoff [14.1K]3 years ago
5 0
It becomes more compelling as it increases over time. Basically, when you owe money and die, your children have to pay it back. Then they accumulate their own debt so their children have to pay it then. This goes on for years and years and you end up with a huge national debt that the generations can't pay back and everyone keeps working for money that they don't have.
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zheka24 [161]

Health Science Career Cluster

4 0
3 years ago
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Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning
yan [13]

Answer:

1. Adjusted net income = Ending inventory higher by amount * (1-Tax rate) = $70,000*(1-34%) = $70,000 * 66% = $46,200

Details                                                                                 Amount

Beginning retained earnings for the year 2017               $880,000

Add:  Adjusted net income                                               <u>$46,200</u>

Beginning adjusted retained earnings for year 2017  <u>$926,200</u>

2. Tax payable = Inventory * Tax rate = $70,000*34% = $23,800

Date   Account Titles and Explanation          Debit          Credit

           Inventory                                            $70,000

                 Retained earnings                                            $46,200

                  Tax payable                                                     $23,800

            (To record adjustment of ending inventory)

6 0
3 years ago
If a small country wants to buy aircraft from the United States and the United States wants to export its aircraft, the United S
zhuklara [117]

If a small country wants to buy aircraft from the United States and the United States wants to export its aircraft, the United States may work through WTO in removing preset trade barriers so that the small country can more easily purchase the aircraft.

Explanation:

The World Trade Organisation (WTO) is the only international organisation that follows global trade law. It primarily ensures trading is as easy, consistent and free as possible.

World countries meet in the WTO to discuss whether trade restrictions, such as tariffs, should be reduced. WTO talks are conducted in "rounds" where every nation negotiates a trade development agreement, takes a year or two off again and starts negotiations for a new deal.

3 0
3 years ago
When the law office of dewey, cheatham, and howe received the case of legal paper it had ordered from an internet office supply
Vladimir79 [104]
<span>This is an example of reverse logistics. This takes in the entire shipping chain from the recipient of the parcel back to the original sender, and is just as important to customer relations as the original chain from the retailer through the customer. Having an easy reversal chain can make it much simpler to process customer requests for returns and exchanges with a minimum of downtime and resources expended.</span>
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3 years ago
What tips should you remember when creating a successful cover letter? Check all that apply.
Furkat [3]

Answer:

a. Use a traditional letter style

c. Proofread several times.

Explanation:

The cover letter is the letter in which the person describe himself or herself with respect to their qualifications, interest, strength, weakness, achievements so that the interviewer could get a better idea about the person who is giving the interview

While creating a cover letter as a successful he or she needs to use a letter style which is to be traditional plus he or she proofread several times as it there is any mistake so it could be edited

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3 years ago
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