Explain how the government is both a consumer and a producer and give one example of th

1 answer:

3 0

The government is an consumer because they trade with other countries to get goods that their country need and they are also a producer because they produce strategies for their government to make our communities around the world more better and advanced.

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The Modified Accelerated Cost Recovery System (MACRS) is a depreciation method which expenses an asset over a single year becaus

ollegr [7]

The Modified Accelerated Cost Recovery System (MACRS) is used for tax purposes.

<h3>What is depreciation?</h3>

Depreciation refers to the devaluation in the value of the tangible assets after a particular period of time. When the depreciation value of the assets becomes zero or negative. It becomes outdated or obsolete.

Modified Accelerated Cost Recovery System is the system introduced by the United States which is the tax depreciation system used to estimate the value of the assets depreciated.

Initially, it was introduced to attract the investors to invest in the depreciating assets. the benefit of this system is that it gets higher tax exemptions.

Learn more about devaluation here:

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2 years ago

Juan Moore's gross weekly salary is $800.00. He is married and claims 3 allowances. His federal income tax deduction is $53. The

bonufazy [111]

$633.40 his deductions total up to $166.60 so subtract that from his gross amount

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3 years ago

Onyemah Corporation uses the FIFO method in its process costing system. Operating data for the Brazing Department for the month

natulia [17]

Answer:

43,240 units

Explanation:

Note : We are using FIFO method thus, we are only interested in the units worked in this year.

<u>Calculation of equivalent units of production for conversion costs</u>

To Finish Beginning work in process inventory (7,700 × 60%) = 4,620

Started and Completed ((39,600 - 7,700) × 100%) = 31,900

Ending work in process inventory (9,600 × 70%) = 6,720

Equivalent units of production for conversion costs = 43,240

<u>Conclusion :</u>

The equivalent units of production for conversion costs in the Brazing Department for November is 43,240 units.

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3 years ago

Miriam if you found this comment

CaHeK987 [17]

Answer:

JASON BUY FIVE APPLE BUT HE GAVE TO STUDENT SO THEY SPENT MONEY

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3 years ago

Suppose the country of altaria only produces one good, pink tutus. last year, nominal gdp was $50,000 and this year it is $200,0

Irina-Kira [14]

The complete question in the attached figure

Let
R------------------> nominal gdp last year---------- > $50,000
S------------------> nominal gdp this year---------- > $200,000
T------------------ > e<span>conomic growth rate
</span>
we know
T=[(S-R)/R]*100
therefore
T=[(200000-50000)/50000]*100=300%
T=300%

<span>that means that the GDP increased [300-100]=200%

</span>therefore
the answer is the option A) Output in Antaria quadrupled

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3 years ago