When politicians commit to making a large future expenditure without simultaneously committing to collect enough taxes to pay for it, this is an example of an <u>"unfunded liability".</u>
A liability is a future obligation or execution commitment that one gathering owes to another at some future date in time. It is regularly settled through an installment or execution of an administration.
An Unfunded Liability is utilized to portray any risk that does not have funds put aside for it. It tends to be computed by deciding the distinction, anytime, by which future installment commitments surpass the normal future stream of financing.
Answer:
39 weeks
Explanation:
initial investment = $5 million
Your goal is to a better person and get rich by doubling your development costs. You want to earn $10 million in profits, so you will need to sell a lot of seats.
8 shows per week x 100 weeks = 800 shows
revenue per ticket = $50 + $1.50 = $51.50
tickets sold per show = 800 x 80% = 640
total revenue per show = 640 x $51.50 = $32,960
variable cost per show (assuming 7 nights per week) = $7,000 / 8 = $875
contribution margin per show = $32,960 - $875 = $32,085
number of shows needed to earn $10 million in profits = $10,000,000 / $32,085 = 311.67 shows
number of weeks = 311.67 / 8 = 38.96 ≈ 39 weeks
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Estimated overhead costs for the year are $ 810,000, and estimated direct labor hours are 360,000.
The company incurred 20,000 direct labor hours.
First, we need to calculate the estimated overhead rate:
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 810,000/360,000= $2.25 per direct labor hour
Now, we can allocate overhead based on actual direct labor hours:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 2.25*20,000= $45,000
Answer:
"The firm has high credit risk" is the correct answer.
Explanation:
- A Z-Score exceeding 2.99 indicates an organization becomes focused mostly on the economic projections throughout the safe space. Throughout the Grey Zone, a Z-Score among 1.8 as well as 2.99 means that there is indeed a reasonable possibility that the business will go bankrupt throughout the next 2 years.
- In the meantime, mostly in Distress Zone, just one Z-Score under 1.80 suggests a high likelihood of discomfort during this timeframe.
Answer:
B. Pull Strategy
Explanation:
Glasis is a type of paint made specifically for use on cars. An ad in Motor Trend magazine advising consumers to request their body shops use Glasis paint is an example of how a company uses a pull strategy.
