Answer:
Deficit in Budget (Expenses > Income) can be corrected by : Increasing Income , apart from by reducing expenses (already mentioned)
Explanation:
Budget (Govt) is item wise estimate of expenses , receipts / Income for a given period of time (financial accounting year) . A situation in which Expenses > Income is called Budgetary Deficit .
This deficit can be solved by :
- Reducing Expenses (Already mentioned in question)
- Apart from above solution , by 'Increasing Receipts' / Income
Receipts/Income can be : Capital Receipts , Revenue Receipts.
Revenue receipts neither increase liability, decrease asset & are recurring. Eg : Tax , Fees
Capital Receipts either create liability ,reduce asset & are non recurring .Eg : Borrowing , Disinvestment .
Either of 'receipts' can be increased to solve the issue .
Even those workplaces that have established LO/TO processes face challenges, including: Lack of specific procedures written for each piece of equipment identifying all energy sources and energy isolation devices. Lack of comprehensive safety training for everyone in the workplace.
Answer:
The correct answer is Processors.
Explanation:
Producers do the work of gathering raw materials in their natural form.
Processors are the business that produces their goods by changing raw materials into more finished form.
Intermediaries perform the work of buying and reselling of goods.
Service firms do not provide tangible or physical goods instead, they provide intangible services or facilities to others.
Answer: I don't see any answer I can choose from, if you could provide those please and thank you! :)
Explanation:
Answer:
$32,600
Explanation:
Calculation to determine her itemized deduction if she used the proceeds of the second loan to finish the basement in her home and landscape her yard
Using this formula
Itemized deduction =(Financing amount * 6 percent)+(Additional amount borrowed*interest rate of 8 percent)
Let plug in the formula
Itemized deduction=( $350,000 * 6 percent)+($145,000 *8 percent)
Itemized deduction=($21,000+$11,600)
Itemized deduction=$32,600
Therefore her itemized deduction if she used the proceeds of the second loan to finish the basement in her home and landscape her yard wi be $32,600