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3 years ago

Which two were weaknesses of the Articles of Confederation?

Business

1 answer:

Minchanka [31]3 years ago

5 0

Answer:

A. The federal government could not levy taxes.

C. The federal government could not raise an army.

Explanation:

The Articles of Confederation established a confederacy in which the states were given full sovereignty and the central government was given very few powers. Some of the weaknesses of this constitution was that the government could not levy taxes and therefore was unable not pay their expenses and debts owed from the Revolution or to secure new funds, instead it could only raise money by borrowing from foreign governments, selling western lands or asking the states for funds (which had the option to reject the request). Likewise, even though the government had the power to declare war, it wasn't authorized to draft soldiers from the states and therefore, it was also unable to raise an army.

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Find an article regarding full disclosure or the treatment of accounting changes. In 250-300 words, summarize the article that y

Akimi4 [234]

Hi, since this is an academic writing activity, I simply provided suggestions and explanations of key terms.

<u>Explanation:</u>

Basically writing an essay involves consulting good written sources of information that discuss the subject. The term accounting changes disclosure basically refers to the requirement for companies to disclose

any changes to its:

accounting principle,
accounting estimates, or
reporting entity.

Citation (reference) is a term used in reasearch to describe a source or a list of sources (published and unpublished) where information or data was consulted and used in the research work.

3 0

3 years ago

Straight-Line: Amortization of bond discount LO P2 Skip to question [The following information applies to the questions displaye

natima [27]

Answer:

Legacy

1. Journal Entry:

January 1:

Debit Cash $570,443

Debit Bonds Discount $69,557

Credit Bonds Payable $640,000

To record the issuance of the bonds at a discount.

2. Total bond interest expense to be recognized over the bonds' life:

= $287,160

Explanation:

a) Data and Calculations:

January 1, 2019

Face value of bonds issued = $640,000

Price of bonds = $570,443

Bonds discount = $69,557 ($640,000 - $570,443)

Coupon interest rate = 8.5%

Market interest rate = 12%

Maturity period = 4 years

Interest payment = semiannual on June 30 and December 31

With straight-line amortization of bonds discount, the semiannual amortization will be = $8,695

Semi-annual interest payment = $27,200 ($640,000 * 4.25%)

Semi-annual interest expense = $35,895 ($27,200 + $8,695)

Annual interest expense = $71,790

1. Transaction Analysis

January 1:

Cash $570,443 Bonds Discount $69,557 Bonds Payable $640,000

2. Total bond interest expense to be recognized over the bonds' life:

= $287,160 ($71,790 * 4) or ($35,895 * 8)

6 0

2 years ago

Substitutes have a(n): Please choose the correct answer from the following choices, and then select the submit answer button. in

hjlf

Answer: positive cross elasticity of demand.

Explanation: In simple words, cross elasticity refers to the degree of change in the demand of a good with respect to change in the price of another goods.

In case of substitute goods, one good can easily be used in the place of another good. Thus, if the price of one good increases the demand for its substitute good also increases.

Hence from the above we can conclude that substitute goods have positive cross elasticity.

3 0

3 years ago

Sam closed the doors to her home-based consulting company only two years after opening because she was tired of working 80-hour

blondinia [14]

Answer:

There is sacrifice to having your own business. Sam wasn't ready to invest the hours needed to make it on his own.

Explanation:

There are many advantages to opening a new business. When you are an entrepreneur it is easy to get lost in all the benefits and don't pay attention to many os its disadvantages.

A big disadvantage is that you are always at work, you are working everywhere at all times. There are no off days, if you’re not working, then you’re not earning. You don’t need to be engaged 24/7 to have a chance at success in the world of entrepreneurship, but you will be working a lot more often.

Most people who find success in the world of entrepreneurship are working longer, harder days than the average “traditional” employee. You do have some flexibility when putting in those hours, so you can structure medical appointments, school visits, and other family needs within your day. You do not have the luxury of cutting back on your hours most days.

There is sacrifice to having your own business. Sam wasn't ready to invest the hours needed to make it on his own.

3 0

3 years ago

If the commercial is TRUE that every additional bite of food tastes as good as the first, the marginal utility from consuming mo

zlopas [31]

Answer: If the commercial is TRUE that every additional bite of food tastes as good as the first, the marginal utility from consuming more of the advertised product must be CONSTANT. Option D.

Explanation:

Marginal utility is the additional satisfaction an individual gets, from consuming an additional unit of a product or service.

Therefore, in the scenario given above, if every additional bite of food tastes as good as the first, then the additional satisfaction is just as good as the preceding satisfaction. We can therefore say that the marginal utility gotten from consuming that product is constant.

4 0

3 years ago