Answer:
c. reduce government costs by relocating government programs to private groups or corporations.
Explanation:
Privatisation is reducing the share of government ownership & increasing the share of private ownership.
It can be done in two ways : Disinvestment of Public Sector Units (PSUs) Equity , Transfer of PSU (s) ownership & management to private sector.
Privatisation by either of the two ways reduces the financial burden on government, by liberating them from management of public sector or state owned enterprises. This public private reallocation, hence reduces government costs or expenditure - by assigning programs unnecessary to be done by public sector - to private groups or corporations.
Eg : When Indian Economy underwent New Economic Policy [Liberalisation, Privatisation, Globalisation] in 1991, it reduced government reserved sectors from 18 to only crucial 3 - Railways, Defence etc.
The US has a comparative advantage in the production of baseballs.
A baseball is a ball utilized in the sport of the identical call. The ball consists of a rubber or cork center wrapped in yarn and blanketed with white herbal horsehide or cowhide, or a synthetic composite leather-based. A law baseball is nine to 9¼ inches (229 to 235 mm) in circumference (just slightly under 3 inches (7.6 cm) in diameter), with a weight of 5 to five¼ oz. (142 to 149 g).[1] A baseball is sure together by using 108 hand-woven stitches through the cowhide leather-based.
The leather cover is generally formed from saddle-fashioned portions stitched together, normally with red-dyed thread. That stitching performs a giant position inside the trajectory of a thrown baseball due to the drag as a result of the interaction between the sewing and the air. Controlling the orientation of the stitches and the rate of the ball's rotation lets in a pitcher affect the conduct of the pitched ball in unique ways. normally hired pitches to consist of the curveball, the slider, the 2-seam fastball, the four-seam fastball, the sinker, the cutter, and the changeup.
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When does accrual basis accounting record a transaction? When under new ownership.
The amount of the bad debts expense adjusting entry is:$7665.
<h3>Bad debt expenses</h3>
Using this formula
Bad debt expenses=Sales×Estimated sales percentage
Where:
Sales=$1,095,000
Estimated sales percentage=0.7%
Let plug in the formula
Bad debt expenses=$1,095,000×0.7%
Bad debt expenses= $7,665
Therefore the amount of the bad debts expense adjusting entry is:$7665.
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