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3 years ago

What is your opinion on traditional directed government benefits versus universal income?

Business

1 answer:

Elodia [21]3 years ago

8 0

Answer:

I believe that a form of universal income would be a better policy than the traditional directed government benefits or welfare.

Explanation:

This is because the idea of the universal income would be to replace the welfare programs, by giving people a reasonable amount of money so that they can decide by themselves in what utilities or amenities to spend that money.

Programs with poor incentives like food stamps, or inefficiently run public-programs, could be replaced by universal income without causing harm to ther beneficiaries, and possibly even generating more benefit.

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ABC Company has completed the basic format to be used in preparing the statement of cash flows (indirect method). Listed below i

Wewaii [24]

Answer:

1. b. $1,198 Inflow

2. a. $2,143 outflow

3. a. $1,587 Inflow.

Explanation:

Determination of net cash provided by operating activities

Cash flow from Operating Activities

Net income 1,878

Adjust for :

Depreciation expense 184

Decrease in inventory 253

Increase in prepaid rent (75)

Increase in accounts receivable (530)

Increase in accounts payable 160

Gain on sale of land (136)

Net cash provided by operating activities 1,734

Determination of net cash provided by Investing activities

Cash flow from Investing Activities

Purchase of equipment (2,210)

Cash received from the sale of land 67

Net cash provided by Investing activities (2,143)

Determination of net cash flow by financing activities

Cash flow from Financing Activities

Payment of dividends (360)

Issuance of common stock 2,440

Repayment of notes payable (493)

Net cash flow by financing activities 1,587

3 0

2 years ago

Suppose that you are given the following information:

Phoenix [80]

Answer:

a) 406200000

b) 7500000 and 5.36%

c) 0.7

Explanation:

please find the attached file

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3 years ago

Administrators

rodikova [14]

Answer:

advanced education

Explanation:

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3 years ago

Read 2 more answers

On the end-of-period spreadsheet, Supplies has a balance of $2,000 in the Unadjusted Trial Balance Debit column and an adjustmen

Mademuasel [1]

Answer:

$1,500

Explanation:

On the end-of-period spreadsheet, the credit adjustment of $500 is made in the Debit balance of Supplies inventory, which will net off the values and resulted Supplies Inventory value will be $1,500 at the end of the year and it will be reported on the financial statements. $1,500 should be appeared for supplies in the adjusted Trial Balance column.

7 0

3 years ago

The definition of internal control developed by the Committee of Sponsoring Organizations (COSO) includes controls related to th

xxMikexx [17]

Answer:

The correct answer is Option D.

Explanation:

Internal control comprises the whole system of financial and other controls established and operating within a business, including internal check, internal audit and all other forms of control.

Based on Committee of Sponsoring Organizations (COSO) framework, there are 5 interrelated components of internal control, which are: Control environment, Risk assessment, Control activities, Information and communication and Monitoring.

It is necessary to stress that internal control relates to all forms of controls within an organization and not necessarily limited to only accounting matters e.g., a security check on vehicles exiting business premises to be sure they are not carrying stolen items from the organization is an internal control but not an accounting-related.

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3 years ago