Answer:
The answer is: Delegated powers are those that are exclusive to national government, like printing money.
Explanation:
Delegated powers are powers given to the federal (national) government and specifically outlined by the US Constitution (Article 1, Section 8). They outline the authority and limits of the three branches of the federal government (legislative, executive and judiciary). Some examples of delegated powers are power to declare war, lay and collect taxes, print and coin money, etc.
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Answer:
3.73 years or 4 years approx
Explanation:
The computation of the number of years taken for money invested for double is shown below:
As we know that
Amount = Principal × (1 + interest rate ÷ time period)^interest rate × time period
where,
We assume the principal be P
And, the amount is 2P
And, the other values would remain the same
So,
2P = P (1 + 0.2044 ÷ time period)^ 1 × time period
2 = (1.2044)^ time period
Now take the log both sides
ln2 = ln (1.2044)^time period
ln2 - time period ln (1.2044)
So,
time period = ln(2) ÷ ln (1.2044)
= 3.73 years or 4 years approx
Answer:
d. accounts receivable.
Explanation:
We know that
The current assets = Cash and cash equivalents + Short-term investments + Notes receivable + Inventories + Prepaid expenses and other related current assets
And, current liabilities comprise of
= Short-term note payable + Accounts payable + current portion of long-term debt
The duration of the current asset and the current liabilities within one year.
Therefore, the account receivable is not an example of current liabilities.
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