Federal spending that is authorized by permanent laws and does not go through the annual appropriation process is called mandatory spending.
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What does mandatory spending signify?</h3>
Government spending that is subject to eligibility standards established by Congress is known as mandatory spending. Social Security, Medicare, and unemployment insurance are a few examples. All spending that does not occur through appropriations legislation is referred to as mandatory spending. Spending that is necessary includes contributions to entitlement systems like Social Security and Medicare as well as required interest payments on the national debt. Government expenses for legally required programs are considered mandatory spending. Major fiscal trends are heavily influenced by mandatory spending. Government income decrease and spending increases during economic downturns as more people become eligible for required programs like Income Security and Unemployment Insurance. Deficits thus grow or surpluses decline as a result.
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Budgeted Purchases = Sales units + Closing inventory - Beginning Inventory
= 5,000 + (1,000 * 130%) - 1,000
= 5,300 units
Answer:
percentage of your salary save each year is 13.24%
Explanation:
given data
time period t = 25 year
amount = $1.1 million
salary = $61000
increase r1 = 4 percent per year = 0.04
return r2 = 10 percent = 0.1
to find out
what percentage of your salary must you save each year
solution
we consider here annual saving = A
so amount formula is
amount = A × 
here A is annual saving and r1 is increase rate and r2 is return rate
1100000 = A × 
A = $8079.45
so
proportion of salary is 
proportion of salary = 13.24%
so percentage of your salary save each year is 13.24%
False. think about x-rays and radio graphs if we didn't have these a lot of people would die because of these life saving technology
Answer:
Explanation:
The following information can be gotten from the question:
Net realizable value (NRV) will be:
= $125,000 - $10,500
= $114,500
Normal profit will be:
= $114,500 - (30% × $125,000)
= $114,500 - $37,500
= $77,000
The amount should Garcel report as inventory on its balance sheet should be $77,000.
