Answer:
The expanding accounting equation is:
Assets = Liabilities + Stockholders Equity
[Common Stock + Retained Earnings]
(Revenues - Expenses - Dividends)
Now, we replace the amounts in the formula
$84,325 = $2,560 + X
[ X + R ]
($54,780 - $28,125 - $13,450)
$84,325 = $2,560 + X
[ X + R ]
($54,780 - $28,125 - $13,450)
$84,325 = $2,560 + X
[ X + $13,205 ]
$84,325 = $2,560 + X
[ 68,560 + $13,205 ]
$84,325 = $2,560 + $81,765
Both sides are now equal to $84,325
Thus, Common Stock = $68,560
It reduces the reported deficit.
<h3>What is
deficit?</h3>
Deficit spending is the amount by which spending exceeds revenue over a specific period of time, also known as simply deficit or budget deficit; the inverse of budget surplus. The term can refer to a government, private company, or individual's budget.
Others argue that budget deficits crowd out private borrowing, distort capital structures and interest rates, reduce net exports, and result in higher taxes, higher inflation, or both.
The various types of deficits and how to calculate them are listed below. Revenue deficit: The difference between revenue receipts and revenue expenditure. Fiscal Deficit: Total expenditure less total receipts minus borrowings. Primary Deficit: The fiscal deficit after interest payments have been deducted.
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Pulp fiction is a term used to describe a type of racy, action-oriented story that was mostly published in the United States from roughly 1900 through the 1950s in inexpensively printed magazines.
The paper that pulp fiction was printed on gave the genre its name. More than 9,000 copies.
<h3>Why is a narrative considered pulp fiction?</h3>
In order to publish magazines more swiftly, the stories themselves have to be written quickly. This, of course, also meant that the stories had simple storylines, no characterization, and, for the main pulp heroes, little to no character development throughout the course of the series of stories.
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Answer:
B and D
Explanation:
The computation is shown below:
For A, it would be
= 8 hours × 5 weeks × $6.15 per hour
= $246
For B, it would be
= 10 hours × 5 weeks × $5.85 per hour
= $292.5
For D, it would be
= 7 hours × 5 weeks × $7.25 per hour
= $253.75
For C, it would be
= 9 hours × 5 weeks × $6.35 per hour
= $285.75
As we can see that the individual plan B and the individual plan D reach the saving goal of $285