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2 years ago

Which two were weaknesses of the Articles of Confederation?

Business

1 answer:

Minchanka [31]2 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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A company paid Jen Rogers, its sole stockholder, a total of $25,000 in dividends during the current year. The entry needed to cl

sergiy2304 [10]

Debit Income Summary and credit Dividends for $25,000.

Answer: Option 5.

Explanation:

The balancing account of the company or an organisation is where the entries of the company are made and recorded so that at then end of the year the financial position of the company becomes clear to the stake holders of the company.

It is a double entry book keeping record where single entry is made on two sides of the book, the debit side and the credit side. This makes the book in balance for every entry. Entry on the debit and the credit side is made with the same amount to maintain the balance.

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2 years ago

The value of what type of money comes from what it is made of?

vladimir1956 [14]

Answer:

a.representative money

Explanation:

sure po ako dyan na ayan po ang sagot maraming salamat po

3 0

2 years ago

John occasionally borrows the car of his friend, Sophie. Sophie has a PAP with liability limits of 100/300/50. John also has a P

Tamiku [17]

Answer:

Sophie's policy will pay up to its maximum amount of $100,000 and John's policy should pay the rest ($200,000).

Explanation:

Personal Auto Policies (PAP) provide coverage in case of injury to the insured or other third parties involved in a car accident. PAP policies provide coverage even when you occasional borrow a car. If you regularly drive someone else's car you need extended non owned liability coverage endorsement.

3 0

3 years ago

Sleep Tight, Inc., manufactures bedding sets. The budgeted production is for 51,500 comforters this year. Each comforter require

andrezito [222]

Answer:

Total direct labor hours= 77,250

Direct labor cost= $911,550

Explanation:

Giving the following information:

Production= 51,500 units

Standard hours= 1.5 per unit

Standard rate= $11.8 per hour

First, we need to calculate the direct labor hours required:

Total direct labor hours= 1.5*51,500= 77,250

Now, the direct labor cost:

Direct labor cost= 77,250*11.8

Direct labor cost= $911,550

3 0

2 years ago

A firm is planning on paying its first dividend of $2 three years from today. After that, dividends are expected to grow at 6% p

BabaBlast [244]

Answer:

The intrinsic value of a share today is $16.87

Explanation:

Intrinsic Value of the share is calculated as below.

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Value of Share = Dividend / (Rate of return - Growth rate)

placing values in the formula

Value of share = $2 / (14% - 6%) = $25

$25 is the value of share after 3 year, to calculate today's value we have to discount it as below

Today's value of share = $25 x ( 1 + 14% )^-3 = $16.87

7 0

3 years ago