The financial commitments and performance could be limiting in the long run because skills become obsolete, but problems are rarely solved.
Financial Commitments refers to all borrowing or raising commitments made to the Group at any time, including those for bonds (but excluding, for the avoidance of doubt, any bonding guarantees made in the normal course of business) and other debt, whether or not they are for cash.
A worker's skills become obsolete over time as a result of industrial restructuring or changing skill requirements in occupations and industries that rely heavily on technology (such as ICT, finance, and professional and scientific activities).
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Answer:
Progressive because It is a tax in which the tax rate increases as the income increases.
Answer:
b. 1/R, where R represents the reserve ratio for all banks in the economy
Explanation:
The reserve ratio can be define as the part of reservable liabilities that commercial banks must hold onto or have, rather than investing or borrowing out. This can be said to be a necessary requirement determined by every central bank of a particular country, which in the United States is the Federal Reserve. It is also known as the cash reserve ratio.
Commercial banks in the U.S are required to hold reserves against their total reservable liabilities (deposits) which cannot be borrowed out by the bank. Example of reservable liabilities include non personal time deposits, net transaction accounts and Eurocurrency liabilities.
Answer:
Ending stockholders equity 1,200,500
Explanation:

492,000 beginning RE
+92,000 retained earnings
-15,200 dividends
568,000 Ending RE
605,000 + 27,500 = 632,500 Ending Common Stock
632,500 + 568,000 = 1,200,500
Answer:
Direct material purchase budget for July and August= <u> $10634</u>
Explanation:
T<em>he material purchases budget is determined by adding the the closing stock of materials to the material usage budget and subtracting the opening inventory of materials.</em>
<em>Material purchase budget= Material usage budget + closing inventory - opening inventory</em>
Material budget=
Unit
July = 300×12 = 3600
August = 360 × 12 = <u>4320 </u>
7920
Closing inventory <u>260</u>
8180
cost per unit <u> × $1.30</u>
<u> $10634</u>
Direct material purchase budget for July and August= <u> </u><u>$10634</u>