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3 years ago

A government payment that supports a business or market is _____.

Business

2 answers:

Iteru [2.4K]3 years ago

8 0

Answer:

Subsidy

Explanation:

Subsidy is a support in form of financial or non-financial aid given by the government of a country to business firms, individuals or any other categories of people to reduce the economic impact of some their economic actions in the market place, which can be in form of reduction in product prices.

The goal of subsidy is to reduce the prices of economic goods and services so as to encourage consumption. The opposite of subsidy is taxation, while subsidy drives down product prices, taxation does the opposite.

Aneli [31]3 years ago

4 0

On novanet the answer to this question would be a subsidy.

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On January 1, Pharoah Company had 87000 shares of $10 par value common stock outstanding. On May 7, the company declared a 5% st

svet-max [94.6K]

Answer: credit to Common Stock Dividends Distributable for $43500

Explanation:

Based on the information given in the question, the entry to record the transaction of May 24 goes thus:

Debit Stock Dividend = 87000 × 5% × $16 = $69600

Credit To Common Stock Dividend Distributable = 87000 × 5% × $10 = $43500

Credit To Paid in capital in excess of Par - Common Stock = $69600 - $43500 = $26100

3 0

3 years ago

27. You want to have $1 million in your savings account when you retire. You plan on investing a single lump sum today to fund t

Serjik [45]

Answer:A and C

Explanation:

Interest is compounded in savings accounts and me to reduce the amount that I must deposit today and still have my desired $1 million on the day I retire then I should either, invest in a different account paying a higher rate of interest meaning the invested amount will be compounded at a higher rate thus my initial investment amount requirement reduced. Or, since compounded interest is a function of time, if I retire later, that would mean a longer time for my initial investment to compound to $1 million, thus reducing my initial investment amount requirement.

5 0

3 years ago

Janet Foster bought a computer and printer at Computerland. The printer had a $900 list price with a $100 trade discount and 2/1

nikdorinn [45]

Answer:

Janet Foster

a. Janet could save $12.44 on the printer by borrowing $800 to take advantage of the cash discount.

b. On the computer, the difference in the final payment between choices 1 and 2 is $197.

It is advisable for Janet to choose the first option.

Explanation:

a) Data and Calculations:

Printer:

List price of printer = $900

Trade discount = 100

Purchase cost = $800

Cash discount terms = 2/10, n/30

Cash discount = $16 ($800 * 2%)

Interest on loan to purchase printer = $3.56 ($800 * 8% * 20/360)

Savings if loan is borrowed = $12.44 ($16 - $3.56)

Computer:

List price = $4,060

Trade discount = 25% or $1,015 ($4,060 * 25%)

Purchase cost = $3,045

Payment options:

1) = $160 * 17 months = $2,720

Balance on 18th month 325

Total payment = $3,045

2) = Payment with 8% interest for 18 months equal payment = $180.08

From an online financial calculator:

N (# of periods) 18

I/Y (Interest per year) 8

PV (Present Value) $3,045

FV (Future Value) 0

P/Y (# of periods per year) 12

C/Y (# of times interest compound per year) 12

PMT made at the end of each period

Results

PMT = $180.08

Sum of all periodic payments $3,241.48

Total Interest $196.48

Difference in final payment:

Choice 1 , total payment = $3,045

Choice 2, total payment = $3,242

Difference in final payment = $197

6 0

3 years ago

The following is a partially completed lower section of a departmental expense allocation spreadsheet for Brickland. It reports

Alik [6]

Answer:

$6,400

Explanation:

Re-write the Question for Easier Understanding

Purchasing Maintenance Fabrication Assembly

$32,000 $18,0000 $96,000 $62,0000

(No of Purchase Orders) 16 4

(Sq Foot of Space) 3,300 2,700

Find:

Amount of Purchasing Department Expense to be allocated to Assembly.

The Question clearly states that Purchasing Department's expenses are allocaated based on the Operating Department's Purchase Order
Since total Purchase Order is 20 and Assembly's purchase order is 4
Assembly's allocation of Purchasing Expense= Assembly's Purchase Order/ Total Purchase Order × Purchase Department Expense

=Total Purchase Order= Fabrication (16) + Assembly (4)= 20

=Purchase Order for Assemby= 4

=Purchasing Department Expense= $32,000

=(4/20)× $32,000
=0.2 × $32,000
= $6,400

8 0

3 years ago

A store that sells sporting equipment is an example of what kind of store?

polet [3.4K]

C) Convenience Store

4 0

3 years ago

Read 2 more answers