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sukhopar [10]
3 years ago
11

​Which statement regarding budget resolutions is most accurate? ​

Business
1 answer:
mr_godi [17]3 years ago
4 0

Answer:

(d) Congress has not passed a budget in some years because it will not follow its own rules. ​

Explanation:

"Nearly four months into fiscal 2018, Congress has passed none of the dozen spending bills it’s theoretically supposed to enact every year. Instead, lawmakers are on their third stopgap measure, which keeps government operations funded until Jan. 19. Failure to enact full-year spending bills by that date – or, failing that, another short-term measure – would force big chunks of the federal government to shut down."

Budget resolutions pass to start the coming fiscal year on October 1st, not in January nor May.

"If Congress does not complete action on an appropriations bill before the start of the fiscal year on October 1, it must pass, and the President must sign, a continuing resolution (CR) to provide stopgap funding for affected agencies and discretionary programs. [...]

Separately from the limits established in the annual budget process, Congress operates under statutory deficit-control mechanisms that prevent tax and mandatory spending legislation from increasing the deficit and that constrain discretionary spending."

References:

DeSilver, Drew. “Congress Has Long Struggled to Pass Spending Bills on Time.” Pew Research Center, Pew Research Center, 16 Jan. 2018

Center on Budget and Policies Priorities. “Policy Basics: Introduction to the Federal Budget Process.” Center on Budget and Policy Priorities, 9 July 2019

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Goodwin Technologies has been wildly successful but has yet to pay a dividend.
nydimaria [60]

Answer and Explanation:

The computation is shown below:

Year       Cash flow            PVF at 12%         PV at 12%

D0             0            0            1                         0

D1              0            0            0.89286                 0

D2             0            0            0.79719                  0

D3            2.25       2.25       0.71178               1.601505  (A)

D4   2.25 × 1.117^1 = 2.51325 0.63552           1.597221  (B)

D5   2.25 × 1.117^2 = 2.80730 0.56743          1.592946  (C)

Now

Horizon Value at  D5 is      

= Next Year Dividend  ÷ (Required Rate  -Growth rate)    

= (2.25 × 1.117^2 × 1.036) ÷ (0.12 - 0.036)

                34.6234  34.6234 0.56743             19.64634  (D)

Current Value                                                    24.43801  (A + B + C + D)

Horizon Value = 34.62    

Intrinsic Value = 24.43

Now  

Current expected dividend yield is

= Dividend  ÷ Market Price

= 0 ÷ 24 ÷ 43

= 0 %

And, the minimum expected capital yield should be equivalent to the required rate of return i.e 12%

The company should not paying the dividend because it involves various reasons lime expansion plans, seasonal & cyclical sales, buy back shares

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3 years ago
Aggregating potential car buyers into groups that have common needs and will respond in the same way to a marketing mix is a pro
denpristay [2]

Answer:E-Market Segmentation

Explanation:

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3 years ago
What is the importance of timely leadership action and communication in shaping group culture?
Dmitry [639]

Answer:

Timely leadership and communication are important in shaping group culture.

Explanation:

Communication is important in building a culture it helps leader and pioneers to build up a culture of trust and can without much of a stretch form relationship with workers and different business channels that encourage associations to develop. Timely leadership and communication are two important pillars, that can work together to start a culture that will help an organisation to grow. Interaction with employees, starting group conversations and meetings can help employees to gain confidence, that will lead to a health group culture within an organisation.

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3 years ago
A corporation sold 14,000 shares of its $1 par value common stock at a cash price of $13 per share. The entry to record this tra
Lorico [155]

The options to the question are missing. The complete question is,

A corporation sold 14,000 shares of its $1 par value common stock at a cash price of $13 per share. The entry to record this transaction would include:

A: A credit to common stock for $14000

B. A debit to common stock for $14000

C. A credit to common stock $ 10000

D. A debit to common stock $ 10000

Answer:

Option A. credit to common stock for $14000 is the correct answer.

The entry to record this issuance of shares is,

Cash                                                                              $182,000 Dr

    Common Stock                                                                $14,000 Cr    

    Paid in capital in excess of par- Common Stock         $168,000 Cr

Explanation:

To record the issuance of common stock against cash, we simply debit the cash account as the asset, Cash, is increasing due to the issuance of stock. We increase the cash account by the amount of cash received.

The cash received here is = 14000 * 13  =  $182000

The issuance of common stock, whose nature is capital, is recorded by a credit to Common Stock account by the value of the number of common stock issued multiplied by their par value.

Common Stock = 14000 * 1 = $14000

The value received for common stock above their par value is recorded in a separate account which is known as Paid in capital in excess of par- Common Stock. This is a reserve account and is capital in nature. Thus, it is also credited.

Paid in Capital in excess of par- Common Stock = 14000 * 12 = $168000

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<span>First and foremost, it should be understood that Okun's Law is an empirical observation. The law is founded in a perceived relationship between gdp and unemployment. In this sense, Okun's Law is an approximation and not rightly a Law derived from theory. There is some debate as to how much of a decrease in gdp actually occurs from an increase in unemployment, but two leading figures have offered estimations. Martin Prachowny gives the ratio 3:1, such that for every 1% increase in unemployment, a country's gdp drops by 3%. Ben Bernake more recently has offered a revised estimation, placing it closer to 2:1. Therefore, to find the inverse, a country's GDP would have to grow by 2-3% in order to reduce unemployment by 1%.</span>
4 0
4 years ago
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