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lbvjy [14]
3 years ago
8

Suppose potential income is $80 billion, actual income is $40 billion, and expenditures don't vary with income. If the actual bu

dget deficit is $8 billion and the marginal tax rate is 20 percent, the cyclical deficit:________
a) is $4 billion.
b) is $8 billion.
c) cannot be determined from the given information.
d) is between zero and $8 billion.
Business
1 answer:
gogolik [260]3 years ago
7 0
A(4billion)

Because I 4-(5-22)-2
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Loughry Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The
Andreyy89

Answer:

The correct option is D. $7,124

Explanation:

To compute the catering supplies amount, the following items need to be considered. along with this, the computation is also shown:

= Catering supplies + Job cost + meal cost

where,

Catering supplies are $530 per month

Job cost = Per job cost × expected number of jobs

              = $114 × 25 jobs

               = $2,850

Meal cost =  Per meal cost × expected number of meals

                 = $16 × 234 meals

                 = $3,744

Now put these values to the above formula

So, the answer would be equal to

= $530 + $2,850 + $3,744

= $7,124

The actual activity is not consider. Thus, it is ignored.

Hence, The catering supplies in the flexible budget for October would be closest to $7,124

Therefore, the correct option is D. $7,124

5 0
3 years ago
Give two examples where it would be best to use email. Give two examples where it would be best to speak to some one face to fac
dusya [7]

Answer:

email: if it isnt in a serious situation or if nothing needs to be confronted to whoever.

face to face is a situation thatmight be serouse or would just have a hard time explaining in email.

ex. email: when you need to send work through the internet.

ex. face to face: needing to talk personally to someone.

8 0
3 years ago
Read 2 more answers
Solaris, Inc. has 2000 shares of 5%, $10 par value, cumulative preferred stock and 50000 shares of $1 par value common stock out
lubasha [3.4K]

The annual dividend on the preferred stock is $1000 in total.

<h3><u>What is an Annual dividend?</u></h3>
  • An annual dividend is a payment made by an insurance firm to its policyholders each year in the insurance sector. Annual dividends are most frequently given out in combination with plans that provide long-term disability insurance and permanent life insurance.
  • A payment made annually to an insurance policyholder, frequently under a long-term disability or permanent life insurance policy, is known as an annual dividend.
  • The insurance company's income, the success of investments, and the amount of money invested all affect the dividend amount.

Annual profits may be paid as cash, used to pay for further insurance, or added to premiums to lower future total payments.

The company has 2000 shares of 5% that is: (2000*5)/100 = 100

with a par value of $10, which becomes:

100*$10 = $1000.

Know more about Annual Dividend with the help of the given link:

brainly.com/question/15871366

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3 0
2 years ago
On May 1, 20X2, Bolt Corp. issued 11% bonds in the face amount of $1,000,000 that mature on May 1, 20X12. The bonds were issued
TiliK225 [7]

Answer:

B) 60,100

Explanation:

Since months have passed between the bond issuance and October 31. The amortization of the premium received depends on the amount of interest recognized. When the effective interest method is used, interest expense is based on the yield rate and the beginning book value.

interest expense = ($1,000,000 + $62,000) x 10% x 6/12 = $53,100

interest payable = $1,000,000 x 11% x 6/12 = $55,000

the difference (bond premium) = $55,000 - $53,100 = $1,900

unamortized bond premium = $62,000 - $1,900 = $60,100

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3 years ago
When managers are flexible, creative and willing to learn from mistakes, they are addressing which aspect of emerging public iss
defon

Managers are handling complexity when they are adaptable, imaginative, and prepared to learn from mistakes.

Describe complexity.

According to the scientific theory of complexity, certain systems exhibit behavioral traits that are utterly outside the scope of any traditional examination of the system's component pieces. These phenomena, also known as emergent behavior, appear to be present in a variety of complex living organism-based systems, such as the stock market and the human brain. For instance, according to complexity theorists, a stock market crash is an emergent result of the activities of several individual investors on a complex financial system, just as human awareness is an emergent characteristic of a complex network of neurons in the brain.

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