Answer and Explanation:
The correct answer is: the <em>years 2001, 2004, 2007 and 2009.</em>
The table mentioned in the question was missing, so I attached it here.
A budget surplus refers to when the revenue (in this case the government's budgeted revenue) surpasses the expenditure in a given period of time, such as over the span of one year. From the attached table, we can see that in these years, the revenue was higher than the expenditure, therefore, resulting in a budget surplus.
1. 2001- the budget surplus was $2 trillion (8 trillion- 2 trillion)
2. 2004- the budget surplus was $2 trillion (9 trillion- 7 trillion)
3. 2007- the budget surplus was $2 trillion (6 trillion- 4 trillion)
4. 2009- the budget surplus was $3 trillion (7 trillion- 4 trillion)
Answer:
Cash balance is $652,440
Explanation:
The cash balance is computed as:
Cash balance = Checking account balance + Cash Advance
= $651,600 + $840
= $652,440
Future plant expansion would not be included in cash balance because it is restricted to use as it is kept for future expansion.
Advance to executive will not be included in the cash balance because it is an advance which is receivable in future.
Refundable deposit will also not be included as it is refundable in nature and act as receivable.
Treasury bill is not included as it represent temporary investment.
Answer:
e. None of them
The company will be $102,000 better off over the 5 year period if it replaces the old equipment
Explanation:
The computation of given question is shown below:-
Net purchase value = New machine cost - Market value
= $100,000 - $12,000
= $88,000
Net operating expenses = Sales revenue - operating expenses × Years
= $10,000 - $18,000 × 5
= -$8,000 × 5
= -$40,000
Total expenses = Net purchase value - Net operating expenses
= $88,000 - $40,000
= $48,000
Old machine operating cost = operating expenses associated with the old machines × Years
= $30,000 × 5
=$150,000
Better off over old machine if new machine is installed = Total expenses - Old machine operating cost
= $48,000 - $150,000
= $102,000
The company will be $102,000 better off over the 5 year period if it replaces the old equipment.
Answer:
John because he paid more taxes and got less back from the irs so he would get the underpayment
Answer:
The correct answer is letter "C": Temporal orientation.
Explanation:
Holland psychologist Geert Hofstede (1928-2020) proposed there are five dimensions of culture among societies. Those are: <em>Power Distance Index, Individualism Versus Collectivism, Masculinity versus Femininity, Uncertainty Avoidance Index, </em>and<em> Long- Versus Short-Term Orientation.
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Long- Versus Short-Term Orientation <em>or </em>Temporal Orientation <em>represents the time horizon individuals of a given society display. Long-term oriented countries are pragmatic, modest and emphasize virtues. Therefore, the Japanese company of the case would be displaying this type of culture by prioritizing objectives for over twenty years rather than two years.</em>