Answer:
The amount of total current assets that will be reported on the budgeted balance sheet is $40,000.
Explanation:
Total current assets
= Cash + Accounts receivable + Finished goods inventory + Raw materials inventory
= $4,000 + $16,000 + $12,000 + $8,000
= $40,000
Therefore, The amount of total current assets that will be reported on the budgeted balance sheet is $40,000.
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First, the quotation for each car model has to be obtained. The quotation must include the taxes including insurance.Then, a comparison is done taking into account the mileage and the maximum allotted budget for the other expenses which is $800.
Answer:
true
Explanation:
The exchange rate is the rate at which one currency is exchanged for another currency
If interest rate is higher in a country compared to other countries, investors would be interested in investing in that country because they would earn a higher return for their investment.
As a result of the higher flow of funds into the economy with the higher interest rate, the demand for the country's currency increases. If the demand increases relative to supply, the value of that currency relative to other currencies increases and its exchange rate increases. this is what is referred to as currency appreciation
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.
