2 years ago

Three goods or services provided by the government

Business

2 answers:

Furkat [3]2 years ago

7 0

Answer:

public education, fire protection, police services,

Anastasy [175]2 years ago

7 0

Answer: Public Education, Interstate Highways, Postal Service

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The Titan retires a $24.6 million bond issue when the carrying value of the bonds is $21.4 million, but the market value of the

nataly862011 [7]

Answer:

A debit of $7.6 million to a loss account

Explanation:

Step 1. Given information.

Carrying value is 21.4 million
Market value when retired is 29 million.

Step 2. Formulas needed to solve the exercise.

Gain(Loss) = Carrying value - Market value when retired

Step 3. Calculation.

= 21.4 million - 29 million

= 7.6 million

Step 4. Solution.

A debit of $7.6 million to a loss account

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3 years ago

The following information was available from the inventory records of Sunland Company for January: Units Unit Cost Total Cost Ba

luda_lava [24]

Answer:

Cost of Ending Inventory $ 47,077.74

Units on Hand 31 Jan = 4,600

Weighted Average Cost= $ 10.24per unit

Explanation:

We divide the total cost with the total number of units to get the weighted average cost per unit.

Sunland Company

Units Unit Cost Total Cost

Balance at January 1 9000 $9.70 $87300

Purchases: January 6 6000 10.35 62100

<u>January 26 8300 10.73 89059 </u>

<u>Total Units</u> 23,300 238,459

Sales January 7 (7400 )

January 31 (11300 )

Units on Hand 31 Jan = 4,600

Weighted Average Cost= Total Cost/ Total Units = 238,459/ 23,300 =

$ 10.235≅ $ 10.24

Cost of Ending Inventory = 4,600*$ 10.24= $ 47,077.74

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3 years ago

On a particular day, the Dow Jones a rate of change 1.7%. Which of the following statements must also be true?

liq [111]

The average of the 30 stocks in the Dow Jones decreased. Apex

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3 years ago

Read 2 more answers

In a contract, what is consideration? A. Exchanging things of value B. Breaching the contract C. A business tort D. The minimum

Art [367]

Exchanging things of value is what consideration is in a contract.

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3 years ago

Flask Company reports net sales of $4,000 million; cost of goods sold of $3,600 million; net income of $720 million; and average

denpristay [2]

Answer:

1.16

Explanation:

Given that,

Net sales = $4,000 million;

Cost of goods sold = $3,600 million;

Net income = $720 million

Average total assets = $3,450 million

Total Asset Turnover Ratio:

= Net Sales ÷ Total Average Assets

= $4,000 million ÷ $3,450 million

= 1.16

Therefore, the total asset turnover ratio of Flask Company is 1.16.

3 0

3 years ago

Three goods or services provided by the government​

Three goods or services provided by the government