Answer:
Part a.
If the Congress of country U to clothing insurance gives a preferential tax treatment, and the insurance company agrees to pay 80% of the clothing expenses and the tax subsidizes the insurance premium, it will result in increase in the consumption of clothes, because people will buy clothes as if they were free.
With this change in behavior there will be decline in economic efficiency because purchasing of formal and expensive clothing is not done on a regular basis, with clothing insurance people will buy less costly daily wear clothes at subsidized rates or for free and the price of clothes will decrease.
Part b.
People who can pay for the 20% remaining cost of clothes will buy insurance clothing and those who can pay the premium. Moreover, the rich will over consume than the poor because they are the ones who will give more importance to good clothing.
Part c.
If a person spends $2000 on clothing the clothing, insurance cost will be more than $2000 because higher the probability of claim higher will be the premium charged by the insurance company.
Part d.
This is not a good idea by the Congress of country U because good clothing is something every person would like to have. Like in health insurance, people should be insured for big life threatening health issues and for minor health issues people should pay out of their pockets, because people take health insurance benefits for minor health issues since health is more or less free in the COUNTRY U. The high premium costs and high prices are completely ignored.
Answer:
The correct option is (b)
Explanation:
Fertility rate refers to the rate of children born per 1000 women. Fertility rate is declining in developing and developed countries as compared to under-developed countries due to many reasons such as increasing female literacy, awareness and availability of contraceptives, urbanization and lifestyle choices. This has contributed in curbing overall population growth.
Answer:
![\left[\begin{array}{ccc}Account&DEBIT&CREDIT\\$Cash&18,900&-\\$Account\: Receivable&60,100&\\$Allowance \: doubful \: accounts&&150\\$Inventory&186,500&\\$Supplies&7,170&\\$Prepaid Insurnace&3,090&\\$Equipment&51,300&-\\$Acc \: Dep \: Equipment&-&18,100\\$Accounts \: Payable&&9,000\\$SS \: tax \: payable&&1420\\$Medicare \: tax \: payable&&340\\$Capital&&298,050\\&327,060&327,060\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DAccount%26DEBIT%26CREDIT%5C%5C%24Cash%2618%2C900%26-%5C%5C%24Account%5C%3A%20Receivable%2660%2C100%26%5C%5C%24Allowance%20%5C%3A%20doubful%20%5C%3A%20accounts%26%26150%5C%5C%24Inventory%26186%2C500%26%5C%5C%24Supplies%267%2C170%26%5C%5C%24Prepaid%20Insurnace%263%2C090%26%5C%5C%24Equipment%2651%2C300%26-%5C%5C%24Acc%20%20%5C%3A%20Dep%20%5C%3A%20Equipment%26-%2618%2C100%5C%5C%24Accounts%20%5C%3A%20Payable%26%269%2C000%5C%5C%24SS%20%5C%3A%20tax%20%5C%3A%20payable%26%261420%5C%5C%24Medicare%20%5C%3A%20tax%20%5C%3A%20payable%26%26340%5C%5C%24Capital%26%26298%2C050%5C%5C%26327%2C060%26327%2C060%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
The sales, expenses, income summary and drawings accounts will be closed therefore will not be part of the post-closed trial balance.
Thew capital Account will suffer the net change of all these account thus, we can list the assets and liabilities and then, solve for Capital by the difference:
Assets = Laibilities + Equity
327,060 = 150 + 18,100 + 9,000 + 1,420 + 340 + Capital
Capital = 327,060 - (150 + 18,100 + 9,000 + 1,420 + 340)
Capital = 298,050
The board of directors, employees, and owners are an organization's internal stakeholders.
<h3>What is the role of internal stakeholders?</h3>
People who have a direct interest in a company, such as through employment, ownership, or investment, are said to be internal stakeholders. External stakeholders are people who do not directly work for a company but are nonetheless impacted in some way by the decisions and results of the enterprise. They participate in the company's management and have voting rights.
They are both members of the board of directors and the company's largest investors. As a result, they possess all the authority that other members of higher-level management do and are able to alter the course of the business. According to research, employees are by far the most significant stakeholder group for organizations, coming out ahead of clients, vendors, neighborhood associations, and shareholders by a wide margin.
To learn more about internal stakeholders, visit:
brainly.com/question/4414143
#SPJ1
Answer and Explanation:
d. All of these answer choices are correct.
