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creativ13 [48]
3 years ago
7

What is one service the fed performs for the treasury department? it auctions government bills. it processes payments, such as s

ocial security checks. it collects federal taxes. it selects the secretary of the treasury?
Business
2 answers:
Radda [10]3 years ago
8 0

The answer is:  it processes payments, such as social security checks

The federal government record all of our social security number as long as we are old enough to obtain a citizen ID. Each year, the feds would collect data regarding the amount of our earning to computate whether we are in the correct income bracket to receive a social security check and help the treasury to distribute those checks.

oksano4ka [1.4K]3 years ago
5 0
It processes payments, such as Social Security checks.
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Karina bought a townhouse for $199,900. She has a 30 year mortgage with a fixed rate of 5. 5%. Karina’s monthly payments are $
svlad2 [7]
The answer have to be 15%
8 0
3 years ago
When a closed economy is in equilibrium, we know with certainty that
faust18 [17]

Answer:

inward shift in the supply curve.

Explanation:

= I = S + (T-G). shift in the supply curve.

4 0
3 years ago
An investor owns 25% of an investee, and accounts for its investment using the equity method. At the beginning of the year, the
mel-nik [20]

Answer:

A. Journal Entries:

Debit Investment in Investee $100,000

Credit Net Income $100,000

To record the investor's share in net income of investee.

Debit Net Income from Investee $25,000

Credit Investment in Investee $25,000

To record the dividends received.

Debit Net Income from Investee $9,000

Credit Investment in Investee $9,000

To record the unrealized gain on the unsold inventory.

B. Balance of the equity investment at the end of the year:

= $1,066,000

C. Equity income for the following year if all inventories are sold:

= $112,500

Explanation:

a) Investment in investee:

Beginning balance $1,000,000

Net income share        100,000

Dividends received      (25,000)

Unrealized gain             (9,000)

Ending balance     $1,066,000

Equity Income for the following year when all inventories are sold = 25% of $450,000 = $112,500

6 0
4 years ago
The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows fro
Sophie [7]

Answer:

Balance of payments (BOP)

Explanation:

The balance of payments is referred to details of the transaction that held between two entities either in the same country or outside the country of a particular time period.

when the transaction was done for another country, there is a deduction of credit from the balance of payment and when transaction was done for the same country then credit is added to the BOP

8 0
3 years ago
Kansas Plating Company reported a cost of goods manufactured of $260,000, with the firm's year-end balance sheet revealing work
eimsori [14]

Answer:

c) $5,000

Explanation:

Kansas Plating Company

Cost of Goods Manufactured.

DM used $40,000

Add Direct labor $70,000

Add Overhead $180,000

Total Manufacturing Costs 290,000

Work in Process Inventory

Add Begin. Inv. 5000

Avail. for mfg. 295,000

Less End. Inv. 3,500 0

Cost of goods mfg 260,000

As the beginning balances of materials direct labor and FOH are given we add these to get total manufacturing costs and also the ending balances are given of Cost of Goods Manufactured and ending Inventory we calculate backwards to get to the Work In Process opening Inventory.

5 0
3 years ago
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