Answer:
D a budget deficit.
Explanation:
A budget deficit is when government spending exceeds income from taxes.
The State of Washington spent a total of $74.8 billion and had a total income of $65.8 billion. Spending exceeds income from taxes by $9 billion. The State of Washington has a budget deficit.
A budget surplus is when income from taxes exceeds government spending.
I hope my answer helps you.
Answer:
C- The soundness of decisions is often limited because managers are unaware of problems or opportunities that exist in the organization
Explanation:
<em>Administrative decision making</em> is moderately rational decision making which considers a limited amount of criteria, not taking the broader picture into account. Therefore, certain problems and potential complications can arise if a more complex analysis of decision factors is not conducted.
In other words, a few possible outcomes are analysed and managers ettle for the one that seems optimal in that limited range.
Answer: Depends
Explanation:
If you aren't attending days continue the chances of you missing out on available infromantion it likely. I wouldn't trip on it to much but know that if you are looking to attend a college they have ways to see your attendance by looking into your previous school records. As long as you have good grades I wouldn't trip that much ¯\_(ツ)_/¯
Answer:
The fact that in a purely competitive industry there are neither barriers to entry nor barriers to exit is what makes economic profit, in this type of industry, impossible in the long-run.
This is because when there is economic profit in the industry, firms are lured to enter, saturating the market, and lowering economic profit to zero in the process. When this happens, some firms opt out of the industry, bringing economic profit back to positive territory, causing the cycle to repeat itself.
Answer:
$53,300
Explanation:
Given that,
Common Stock account = $44,400
Beginning retained earnings = $32,600
Net income = $35,500
Dividend declared and paid = $14,800
Retained earnings at the end of the year:
= Beginning retained earnings + Net income - Dividend declared and paid
= $32,600 + $35,500 - $14,800
= $53,300
Therefore, the retained earnings at the end of the year is $53,300.
