All categories

3 years ago

What is a deficit?

Business

2 answers:

Marizza181 [45]3 years ago

8 0

Explanation:

In any single year, federal government takes in money and spends money, any year in which the government spends more than it takes out it runs a deficit.

Simora [160]3 years ago

7 0

Answer:

when a government spends more than it has collected

You might be interested in

Heidi Software Corporation provides a variety of share-based compensation plans to its employees. Under its executive stock opti

muminat

Answer:

1.$12,000,000

2.31-Dec-2021

Dr Compensation expense $6,000,000

Cr Paid-in-capital-stock options $6,000,000

31-Dec-2022

Dr Compensation expense $6,000,000

Cr Paid-in-capital-stock options $6,000,000

Explanation:

1.)

Total compensation cost of stock options = Estimated fair market value of the option x Number of options granted

=$3 x 4,000,000 shares

=$12,000,000

Therefore total compensation cost of stock options is $12,000,000

2. to 4.) Journal Entries

31-Dec-2021

Dr Compensation expense $6,000,000

Cr Paid-in-capital-stock options $6,000,000

31-Dec-2022

Dr Compensation expense $6,000,000

Cr Paid-in-capital-stock options $6,000,000

Compensation expense

= Total compensation cost of stock options/Vesting period

=$12,000,000/2 years

=$6,000,000

3 0

4 years ago

Chana made a $75,000 interest-free loan to her son, Trey, who used the money to retire a mortgage on his personal residence. Tre

alexandr402 [8]

Answer:

D) $0

Explanation:

Family loan of $100,000 or less, the amount of the imputed interest income is the lesser of the computed imputed interest

$75,000 × .05 = $3,750

or make use of Trey's net investment income of $940,However, since the net investment income $940 is less than $1,000, the imputed interest may be ignored; so, Chana will not include any amount as interest income as a result of this transaction.

6 0

4 years ago

Archer Corp has the following account balances listed in alphabetical order: Accumulated Depreciation, $18,000; Accounts Paya

Setler [38]

Answer:

Equipment, $46,000, and Land, $21,000 including Accumulated Depreciation, $18,000.

This amounts to $49,000.

Explanation:

The long term asset are also known as the non current assets.

These are assets that will not be used up in a year. It means that the benefits that will accrue to the entity as a result of ownership and control of these assets will be for more than a year. Examples are fixed asset, intangible assets etc

Archer's long term assets are Equipment, $46,000, and Land, $21,000 including Accumulated Depreciation, $18,000.

This amounts to

= $46,000 + $21,000 - $18,000

= $49,000

6 0

3 years ago

Country X, a poor country, invents a revolutionary electronic product. The country markets this new product in other poor countr

Scorpion4ik [409]

Answer:

Free trade

Explanation:

Correct word for the given statement is free trade

The hypothesis competitive advantage recommends that exchange is a positive-sum game in which all nations that take part acknowledge monetary increases. In that capacity, this hypothesis gives a solid method of reasoning to empowering organized commerce.

The approach doesn't limit imports or fares; it can likewise be comprehended as the free market thought applied to worldwide exchange.

8 0

3 years ago

Ten opinions on "discipline and successful life"

erastovalidia [21]

Answer:

graditude

forgiveness

meditation

active goal setting

eat healthy

sleep

exersize

organisation

time management

persistance

3 0

4 years ago