<u>Answer: </u>Option 2 discretionary
<u>Explanation:</u>
Spending can be mandatory spending or discretionary spending. Mandatory spending means the spending on essentials goods such as food. Discretionary spending means the spending on recreation and entertainment where people have additional money in hand after meeting their necessary expenses.
In this speech Obama speaks about the non essential expenses when they are controlled more investments can be made. He says when all the departments cut down their discretionary expenses then can result in economic growth.
Answer:
1. Medium of exchange, 2. Unit of Account and 3. Store of value
Explanation:
Please see attachment
Answer:
d) Quantify potential credit losses
Explanation:
Credit risk is the possibility of a loss happening because of a borrower's failure to payback a loan or meet up with contractual obligations. The overaching purpose of credit risk analysis is the quantification of the level of credit risk that the borrower poses to the lender. The purpose of credit analysis is to determine if borrowers are credit worthy by quantifying the risk of loss that the lender may experience.
Therefore option D is the answer.
Answer: Financial
Explanation:
During the process of buying assets with longer life span, such as stock trailers, most organizations make use of cash gotten during financial activities to foot the bills, while cash accrued during operational activities are rather used to buy assets with shorter life span. Generally during the time of investing there is always decrease in excess cash as to supplying cash for some other activities.
Question is incomplete as the cost of the sidewalk is not given :
Assume the sidewalk cost an additional $6 per foot.
Answer:
$8366
Explanation:
Given that :
Size of porch = 16 by 18 feets
Area of porch = (16 * 18) = 288 ft²
Cost per ft² = $27
Cost of porch = ($27 * 288) = $7,776
Sidewalk = 15feets
Cost per foot = $6
Cost of sidewalk = ($6 * 15) = $90
Cost of gate = $500
Total cost :
(cost of porch area + side walk + gate)
($7776 + $90 + $500) = $8366
Kindly note that the cost pwr foot of sidewalk was erroneously excluded and the value employed for the cost was only assumed.
