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elena-s [515]
3 years ago
14

Goods and services (like the police, the army, and parks) that are for the benefit of all people and are provided by the governm

ent are __________.
A. best goods and services.
B. public goods and services.
C. market goods and services.
D. command goods and services.
Business
2 answers:
daser333 [38]3 years ago
5 0
Goods and services (like the police, the army and parks) that are for the benefit of all people and are provided by the government are public goods and services. These type of goods and services cannot be excluded from use and is used and available to everyone. The answer would be letter B.
STALIN [3.7K]3 years ago
3 0
<span>B. public goods and services. </span>
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Your sister receives the December bank statement (included at end of assignment). You reconcile that statement to your records.
Tanya [424]

Answer:

2. True

Bank charges are the various fees account holders are charged in respect of maintenance of the account along with any other charges incurred in respect of specific transactions (e.g. cheque clearance charges, fund transfer charges, collection charges, etc). Bank charges are charged directly to the customer account thereby reducing the bank balance shown in the bank statement. These charges are usually not recorded by the business until the bank provides the bank statement at the end of a month which is why balance as per bank statement may be lower than the cash book balance.

5 0
3 years ago
ZNet co. is a web based retail company. The company reports the following for the past year. The company's CEO believes that sal
BARSIC [14]

Answer:

1. 17%

2. 42.5%

3. $2,748,900

4. 44%

Explanation:

1. Return on Investment for 2017

= \frac{Operating Income}{Average Invested Assets}

= \frac{2,499,000}{14,700,000}

= 17%

2. Profit Margin 2017

= \frac{Operating Income}{Sales}

= \frac{2,499,000}{5,880,000}

= 42.50%

3. Should the sales increase by 10% in 2018 then the new sales figure will be;

= $5,880,000 + ($5,880,000 *10%)

= $6,468,000

Profit = Sales * Profit Margin

= 6,468,000 * 42.5%

= $2,748,900

Return on Investment for 2018

= \frac{Operating Income}{Average Invested Assets}

= \frac{2,748,900}{14,700,000}

= 18.7%

4. Investment turnover equal for 2018

= \frac{ Sales}{Average Invested Assets}

= \frac{6,468,000}{14,700,000}

= 44%

5 0
3 years ago
For each of the following, journalize the necessary adjusting entry. (a) A business pays weekly salaries of $15,000 on Friday fo
Helen [10]

Answer:

Part 1:

Account                                    Debit                                Credit

Salary Expense                     $9,000

 Salary Payable                                                                $9,000

Part 2:

Account                                    Debit                                Credit

Salary Expense                     $12,000

 Salary Payable                                                                $12,000

Explanation:

Part 1:

Wednesday (3rd day of the week)

Salary of week =$15,000

Salary of each day=$15,000/5

Salary of each day=$3,000

Salary on Wednesday=$3,000*3

Salary on Wednesday=$9,000

Journal Entry:

Account                                    Debit                                Credit

Salary Expense                     $9,000

 Salary Payable                                                                $9,000

Part 2:

Salary of week =$15,000

Salary of each day=$15,000/5

Salary of each day=$3,000

Salary on Wednesday=$3,000*4

Salary on Wednesday=$12,000

Journal Entry:

Account                                    Debit                                Credit

Salary Expense                     $12,000

 Salary Payable                                                                $12,000

5 0
3 years ago
The decision of what entry mode to use is primarily based on all of the following factors EXCEPT: a. the firm's unique set of re
grin007 [14]

Answer: C. The worldwide economic situation

Explanation:

https://www.studystack.com/flashcard-2772205

7 0
3 years ago
Read 2 more answers
TIME REMAINING
MAXImum [283]

Answer:

The Constitution

Explanation:

In the United States, Article I, Section 8 of the Constitution gives Congress the power to "lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States. This is also referred to as the "Taxing and Spending Clause."

3 0
3 years ago
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