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Luda [366]
4 years ago
11

Legislation that provides budget authority for specific ongoing activities when the regular fiscal-year appropriation for such a

ctivities has not been enacted by the beginning of the fiscal year is known as a(n) __________
Business
1 answer:
kap26 [50]4 years ago
5 0

Answer:

continuing resolutiom

Explanation:,

A continuing resolution is a kind of appropriations legislation.

An appropriations bill is a bill sets aside for money to specific federal government agencies, departments, and programs. The money makes funds available for operations, personnel, zctivities and equipments.

A continuing resolution, or “CR,” is a temporary solution that Congress can use to fund the federal government for a limited amount of time. Continuing resolutions are often used to avoid a government shutdown and give lawmakers more time to enact the appropriation bills that are necessary to fund the federal government for the full fiscal year.ontinuing resolutions typically provide funding at basically the same rate as the previous year's funding. In a continuing resolution there can be changes in some of the accounts.

Continuing resolution show cases the failure of lawmakers to reach agreement on some or all appropriation bills for a full fiscal year. Funding the government for a full year is preferable to using a continuing resolution,this allows government agencies to plan appropriately and match their resources with their responsibilities

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Chavez S.A., a Venezuelan company, wishes to borrow $8,000,000 for eight weeks (maturity). A rate of 6.250% per year is quoted b
JulsSmile [24]

Answer:

Chavez should borrow from the British market.

Explanation:

We need to compare the interest payment of both markets to make the decision

First, calculate the Interest payment in case, if borrowed from the British market

Interest Payment ( British ) = Principal Value x Interest rate x Time fraction

Interest Payment ( British ) = $8,000,000 x 6.250% x 56/360

Interest Payment ( British ) = $77,777.78

First, calculate the Interest payment in case if borrowed from Swiss market

Interest Payment ( Swiss ) = Principal Value x Interest rate x Time fraction

Interest Payment ( Swiss ) = $8,000,000 x 6.250% x 60/360

Interest Payment ( Swiss ) = $83,333.33

As the British market offers a lower rate, Chavez should borrow from the British market.  

8 0
3 years ago
The market price of airline flights increased recently. Some economists suggest that the price increased because jet fuel is muc
kap26 [50]

Answer:

The supply of airline flights decreased.

Explanation:

The market price of airline flights has increased. The increase in the price of jet fuel is said to be the reason behind this. An increase in the price of fuel will increase the cost of production for flights.

This increase in cost will cause the supply to decrease. As a result, the supply curve will move to the left.

This leftward shift in the supply curve will consequently cause the price to increase.

8 0
3 years ago
During 2021, Farewell Inc. had 500,000 shares of common stock and 50,000 shares of 6% cumulative preferred stock outstanding. Th
grigory [225]

Answer:

a) c. $4.34

b) b. $4.10

Explanation:

a) Find Farewell's diluted earnings per share for 2021.

Use the formula below:

Diluted EPS = (Net income after tax - preferred dividend) / diluted common stock

= \frac{2,500,000 - (50,000*100*0.06)}{500,000+(200,000 - ((29*10,000)/30))}

= \frac{2,500,000 - 300,000}{500,000 + (200,000 - 193,333)}

= \frac{220,000}{506,667}

= 4.34

Diluted EPS = $4.34 per share

b) stock options = 5,000

Value in current shares = 500,000/12 = $4,167

Diluted shares = 5000 - 4167 = 833

Use the formula below to find the diluted earnings per share:

Diluted EPS = Net income/share outstanding

= \frac{269,915}{50,000 +(20,000-5,000) + 833)}

= \frac{269,915}{50,000 + 15,000 + 833}

= \frac{269,915}{65,833}

= 4.10

Diluted EPS = $4.10 per share

8 0
4 years ago
What is the meaning of the X​-
natta225 [31]

Answer:

B. These are the limits of production if all resources are used to produce both goods.

Explanation:

The inerseption of PPF curve on the X & Y axis indicates the maximum quantities which can be produced when all the inpts are devoted to the production of that product only

8 0
4 years ago
Suppose Kim purchases a new personal computer produced in China for $ 2,800. What is the effect on the components of GDP and GDP
AURORKA [14]

Answer and Explanation:

The effects are as follows:

Consumption would rise by 2,800

In the investment there is no change i.e. zero

In the government expenditure also, there is no change i.e. zero

Net exports would be reduced by $2,800 i.e. (exports - imports) so here the export is $0 and the import is $2,800

So the change in GDP would be zero as

= Increase in consumption - decrease in net exports

= $2,800 - $2,800

= $0

3 0
3 years ago
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