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3 years ago

Generally, as the proportion of middle-income households in a country increases, the nation's purchasing power __________.

Business

1 answer:

erica [24]3 years ago

5 0

Answer:

Increases

Explanation:

Generally, as the proportion of middle-income households in a country increases, the greater (an increase) nation's purchasing power.

Actually, the purchasing capability increases in proportion to an increase in the income of households.

Purchasing power is known as the currency value which is usually seen in the amount of goods or services that a unit of money can buy.

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To what degree, if at all, is a significant deficiency related to a material weakness? It is less severe than a material weaknes

Brut [27]

Answer: It is less severe than a material weakness

Explanation:

A SIGNIFICANT DEFICIENCY is described as a deficiency or an amalgamation of deficiencies that are NOT as severe as a MATERIAL WEAKNESS ( which is quite serious and must be reported to the Audit Committee and be reflected in the financial statements) but still important enough for those people in charge of the company's financial records to take notice.

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2 years ago

What is the IRS method of allocating expenses between rental use and personal use?

lidiya [134]

Answer:

Schedule E- Allocation of Rental and Personal Expenses.

Explanation:

Hello so I am gonna assume your talking about what I said above if you use your dwelling unit for both rental and personal purposes, divide your expensive between the rental use and the personal use based on the number of days used for each purpose.

Hope this helps :)

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3 years ago

Bierderlack has a policy that states that more than three absences in a six-month period shall result in a suspension. Colleen,

damaskus [11]

A . A programmed decision

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2 years ago

On July 8, Jones Inc. issued an $75,700, 8%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends o

Marizza181 [45]

Answer:=Jones recognizes $386.9 as interest

Explanation:

Fiscal year ending July 31st

there are 23 days between when the cash as issued ie July 8 and the end of the fiscal year on July 31st

Given amount or Principal amount = $75,700

Rate= 8%

Interest = Principal x Rate x Time

$75,700 x 8% x 23/360=$75,700 x 0.08 x 23/360

=$386.9

Jones recognizes $386.9 as interest in the current fiscal year.

3 0

3 years ago

Sylvestor Systems borrows $107,000 cash on May 15 by signing a 60-day, 6%, $107,000 note.

sladkih [1.3K]

Answer:

14th July

Explanation:

The computation of the maturing date of the note is calculated below:

The Sylvestor Systems borrows the amount of $107,000 on May 15 at a 6% interest rate and the mature days of the note are 60 days

So, the maturity date would be

= 16 days in May month + 30 days in June month 14 days in July month

Therefore, the note is matured on 14th July

We simply calculated the 60 days from May to July months

3 0

3 years ago