Which fiscal policy would most likely result in the largest budget deficit

North Company has completed all of its operating budgets.The sales budget for the year shows 50,600 units and total sales of $2,

atroni [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The sales budget for the year shows 50,600 units and total sales of $2,317,800.

The total unit cost of making one unit of sales is $22.

Selling and administrative expenses are expected to be $304,000.

Income taxes are estimated to be $270,180.

Income statement:

Sales= 2,317,800

COGS= (22*50,600)= (1,113,200)

Gross profit= 1,204,600

Selling and administrative= (304,000)

Tax= (270,180)

Net operating profit= $630,420

5 0

3 years ago

What is the difference between a checking and savings account?

Nat2105 [25]

A checking account is what you would use to make everyday purchases, and what you usually put the majority of your check into. Savings accounts are used to save money over periods of time. A percentage of your check may go in a savings account that you don't use.

8 0

3 years ago

Mary spends $5 on food for her cat. This is an example of a: a. household buying goods and services in the factor market. b. hou

german

Answer:

household buying goods and services in the product market

Explanation:

The product market is where final goods and services are sold to households and firms.

The factor market is where factors of production are exchanged.

Mary is buying food for her cat. There are no indications that Mary is a business and that the food is a factor of production. Therefore, Mary is an household and she's purchasing from the product market.

I hope my answer helps you

8 0

2 years ago

Maya opened a bakery in a seaside resort town. She was positive she had the perfect location as plenty of hotels and inns were w

Ksivusya [100]

Answer:

B) underestimated the competition.

Explanation:

Maya is trying to pursue a dream of having her own bakery in a vibrant seaside resort town and thought that by using her grandmother's recipes, her business would be a success. But in order for a business to be successful, it takes more than just a great product (or great cookies, muffins, etc.).

The first thing you need to do is analyze the external environment and what other products are offered by your competition. That way you will be able to determine the opportunities or threats to you new venture. E.g. since the town hosts several upscale and expensive resorts, the clients are wealthy and that market attracts good chefs. I'm not sure if they hand out Michelin stars to bakeries, but if you have very good products offered by your competition, then you must work twice as hard.

8 0

2 years ago

26. As mentioned in the text, managers in companies, with no foreign operations of any kind still need a global perspective, for

Alex17521 [72]

Answer:

Enable them to be productive as well as effective leaders across different political and cultures systems.

Explanation:

Global perspective is something which someone could think regarding a situation as it related to the rest of the world or economy. It is that the person or an individual have a thinking or a perspective which relates to the world.

So, the managers with no operations of foreign of any type, still require a global perspective except which enable them to be productive leaders across the different cultures as well as political systems.

NOTE: Text is missing, but I am providing the direct answer.

6 0

3 years ago