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3 years ago

3. What are the similarities and differences between balancing a city budget and balancing a personal budget?

1 answer:

8 0

<span>Similarities of balancing a city budget and balancing a personal budget is that you are both budgeting it and planning for certain expenses that you need to pay.
Differences between balancing a city budget and balancing a personal budget is that city budget is quite big amount while personal budget is just small. City budget involves many people.</span>

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Thornton Industries began construction of a warehouse on July 1, 2018. The project was completed on March 31, 2019. No new loans

Aleksandr-060686 [28]

Answer:

2018 $21,600

2019 $4,320

Explanation:

We need to work out average cost of borrowing as follows;

$2,000,000*8%+$8,000,000*4%=$480,000

$480,000/(2,000,000+8,000,000)=4.8%

July1, 2018 $400,000*4.8%*6/12=$9,600

Sept 30,2018 $600,000*4.8%*3/12=$7,200

Nov. 30, 2018 $600,000*4.8%* 2/12=$4,800

Total interest to be capitalized in December 31, 2018 =$21,600

Total interest to be capitalized in December 31 2018$540,000*4.8%*2/12=$4,320

6 0

3 years ago

Ms. Tant's case was thrown out of federal court. She later filed it in the New York state court solely as a case involving Mr. B

mr_godi [17]

Answer:

No.

Explanation:

Because if any of the lower court had let her case win, then she would never have to go to the highest court that there is.

4 0

3 years ago

Consider a 10-year bond with a face value of $ 1 comma 000 that has a coupon rate of 5.1 %, with semiannual payments. a. What

poizon [28]

Answer:

Answer is given below.

Explanation:

SOLUTION

a. Calculation of Coupon Payment

Coupon Payment = Face Value X Coupon Rate /2

Coupon Payment = 1000*5.5% /2

Coupon Payment = 55 /2= 27.5

Therefore the Coupon Payment is = 27.51

cash flow diagram is attached.

3 0

3 years ago

The best defensive driving strategy in planning ahead for an evasive action on the road includes:

Pie

Answer:

A) Scan the highway far and wide.

B) Think about how slow, stop or change lanes suddenly.

Explanation:

The Smith Driving Standards can be a very useful guide for defensive driving techniques. It includes the Five Principles of Defensive Driving:

Aim high : you should be alert and focused, and your head should be held up high so that you can view the whole road.
The Big Picture : try to identify angry or erratic drivers, and always be aware of your surroundings.
Keep Your Eyes Moving: you must be alert and keep your eyes on the road.
Leave Yourself An Out : try to anticipate what other drivers are doing so that you have a possible exit in case you need to change lanes suddenly.
Ensure they see you: make sure other drivers have noticed you.

7 0

3 years ago

Which choice best describes labor laws passed during the New Deal?

Airida [17]

The answer would be

A. union-friendly

because during the new deal labor laws that favored unions were passed

3 0

3 years ago

Read 2 more answers