The money lost by not working is called

Government in a market system can increase economic efficiency by collecting taxes in order to subsidize the production of Group

deff fn [24]

Answer:

Government in a market system can increase economic efficiency by collecting taxes in order to subsidize the production of

public and quasi-public goods.

Explanation:

Public and quasi-public goods can only be provided efficiently by the government or quasi-government organizations for the benefit of every member of the society, without exhibiting the characteristics of a private good. Public and quasi-public goods are known to be non-excludable and non-rivalrous, with partial diminishability and rejectability.

3 0

3 years ago

Auerbach Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $300

Kipish [7]

Answer:

C) $257,030,000

Explanation:

Auerbach's net bond liability on March 31, 2022:

we start with the beginning liability $255,369,000
plus interest accrued for six months = $255,369,000 x 6% x 6/12 = $7,661,070
minus cash paid = $300,000,000 x 4% x 6/12 = $6,000,000

net bond liability = $255,369,000 + $7,661,070 - $6,000,000 = $257,030,070 ≈ $257,030,000 rounded to the nearest thousand

4 0

3 years ago

Builder's Outlet just hired a new chief financial officer. To get a feel for the company, she wants to compare the firm's sales

mote1985 [20]

Answer:

The correct answer is letter "C": Common- size income statement.

Explanation:

A Common Size Income Statement is expressed as a percentage of net sales for each company's account. Common Size Income Statements are simple tools that a business owner or a high-rank executive can use to compare the company's finances over different periods, with competitors or industry averages.

8 0

3 years ago

On June 1, 2018, Jensen Company acquired an 6.2%, ten-month note receivable from a customer in settlement of an existing account

Amiraneli [1.4K]

Answer:

d. Debit to Interest Receivable of $6,510.

Explanation:

To interest receivable = $180,000 * 6.2% = $11,160

Interest receivable for 7 months (June 1 - December 31) = $11,160 * (7/12) = $6,510

Therefore, the proper adjusting entry at December 31, 2018, with regard to this note receivable includes a debit to Interest Receivable of $6,510.

7 0

3 years ago

Brief Exercise 22-09 Kaspar Industries expects credit sales for January, February, and March to be $211,000, $270,600, and $315,

aniked [119]

Answer:

Results are below.

Explanation:

Giving the following information:

Credit sales:

January= $211,000

February= $270,600

March= $315,300

It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month.

Cash collection January:

Sales on credit from January= (211,000*0.75)= 158,250

Total cash collection= $158,250

Cash collection February:

Sales on credit from February= (270,600*0.75)= 202,950

Sales on credit from January= (211,000*0.25)= 52,750

Total cash collection= $255,700

Cash collection March:

Sales on credit from March= (315,300*0.75)= 236,475

Sales on credit from February= (270,600*0.25)= 67,650

Total cash collection= $304,125

8 0

3 years ago