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3 years ago

What is one way that the government cannot prevent a budget deficit?

Business

1 answer:

Anna007 [38]3 years ago

3 0

Answer:

The answer is Selling Stocks

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The accountant for Flagger Company prepared the following list of account balances from the company’s records for the year ended

Gre4nikov [31]

Answer:

Net operating income $15,000

Explanation:

Flagger Company

Income statement for the year ended , 31 December

Fee earned

165,000

Less : Operating expenses

Salaries and wages 40,000

Rent expense. 51,000

(91,000)

Gross profit.

74,000

Less: Selling expense.

(44,000)

Profit before interest and tax.

30,000

Less interest expense.

(18,000)

12,000

Add: Interest income.

3,000

Net operating income.

15,000

8 0

3 years ago

Which of the following organizations emerged from the Bretton Woods agreement of 1944, where a group of international leaders de

Fofino [41]

Answer:

International Monetary Fund, IMF and the World Bank

Explanation:

The Bretton Woods Agreement was negotiated in July, 1944 which established a new global monetary system. It made US dollar the global currency and replaced gold standard.

This agreement created The World Bank and International Monetary Fund (IMF) which would monitor the new monetary system.

The Bretton Wood system was dissolved in 1970's but IMF and The World Bank still exist and are strong pillars of global monetary system.

8 0

4 years ago

6. Asset 1 has an expected mean return of µ1 =9%, standard deviation of its return is σ1 = 6%. Asset 2 has an expected mean retu

Paraphin [41]

Answer:

Weight w1 = 0.65

Weight w2 = 0.35

Expected return =10.75%

Explanation:

w1 + w2 = 1 ........... (1)

w1 = SD of asset 2/(SD of asset 1 + SD of asset 2)

w1 = 11 ÷ (6 + 11) ⇒ 0.65

∴ w2 = 1 - w1 ⇒ 1 - 0.65

w2 = 0.35

Expected return = Weighted average

[0.65 × 9] + [0.35 × 14] ⇒ 10.75%

4 0

4 years ago

Add- my- snap- dkarpik58

stepladder [879]

Answer:

Explanation:

3 0

3 years ago

Read 2 more answers

g Item5 5 points Time Remaining 1 hour 25 minutes 16 seconds01:25:16 Item 5 Time Remaining 1 hour 25 minutes 16 seconds01:25:16

IRINA_888 [86]

Answer:

Gain= $6,350

Explanation:

Giving the following information:

Purchase price= $46,200

Salvage value= $6,300

Useful life= 4 years

First, we need to determine the annual depreciation and the accumulated depreciation at the moment of the sale:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (46,200 - 6,300) / 4

Annual depreciation= $9,975

Accumulated depreciation= 9,975*2= $19,950

If the selling price is higher than the book value, the company made a gain from the sale:

Book value= 46,200 - 19,950= $26,250

Gain/loss= 32,600 - 26,250

Gain= $6,350

5 0

3 years ago