In term of per capita government spending, Texas was ranked forty-eight in 2010, it is always generally ranked among the last five states in the United States of America. This happens because, Texas is a low tax low service state and the most important revenue source for the state is tax.
In the case of Larry Newton, who was an inmate in solitary confinement, Shakespeare indeed saved his life, literally and figuratively. He lived in solitary confinement for many years, until he was placed in the Shakespeare program where prisoners got to read Shakespeare's works. So instead of pursuing a criminal life within prison, he kept on reading these plays and eventually got out of the solitary confinement and felt a rejuvenated joy for life.
Answer:
The most likely explanation for the relatively small opportunity cost that the economy incurs as a result of increasing production of fish from 0 to 15 tons is that the economy will lose some of the benefits it derives from the production of cars now that more resources have been committed to the production of fish. It is like a question of not being able to "eat your cake and have it." Something must give way.
Opportunity cost is an economic cost that an entity or individual bears when it forgoes one option in preference to another. Once there is a choice between two options, economists will always recognize the forgone benefits from the other option a consequence of the loss.
Explanation:
When economists refer to the “opportunity cost” of a resource, they imply that the value of the next-highest-valued alternative resource will be lost. This means that a cost is incurred by not enjoying the benefit associated with the best alternative choice. A consideration of opportunity cost is, therefore, an assessment of the relative risk of each option vis-a-vis its potential returns.
Answer:
The correct answer is Partial presentation.
Explanation:
Having the minimum presentation guidelines, the financial statements may be converted to basic statements or otherwise adapted to certain guidelines. The presentation is considered partial if it does not take into account one of the following items: (1) gross sales or income, (2) gross profit or cost of sales, (3) unusual or infrequent items, (4) provision for income taxes, (5) discontinued operations or extraordinary items, (6) income from continuing operations, (7) net income, (8) basic and diluted earnings per share, (9) significant changes in financial position.
Answer:
$27,500
Explanation:
Discount points are also called mortgage points and are fees paid as prepaid interest rate on a mortgage property.
One discount point is equivalent to 1% of the loan amount.
In the given scenario a down payment of 10% was made.
Also they are pay one discount point to close.
So total down payment to be made is 10% + 1% = 11%
Amount is cash for closing = 0.11 * 250,000 = $27,500
