Answer:
II. The Federal Government spends more than it collects in taxes in a given year.
Explanation:
A federal budget deficit is when government spending exceeds income from taxes.
I hope my answer helps you
Answer:
-valid driver's license
- 18 years old or more (for younger than 18 you can look into limited involvement as a junior firefighter.)
- At least a high school diploma or GED.
- pass the physical ability test.
- Pass the written exam
- pass the interview
-You’ll still need to attend a department’s academy once hired
(may be differnt depending on your state, country, etc)
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<span>The journal entry to record the initial write-off includes is allowance for doubtful accounts. Allowance for doubtful accounts is a contra account to accounts receivable, and therefore has debit balance. It also needs to be diminished because you already used the bad debt when you make the allowance.</span>
Answer:
40%
Explanation:
Total assets. $240,000
Less total liabilities ($130,000)
$110,000
Less common stock ($24,000)
Retained earnings at end $86,0000
Less Retained earnings at the beginning ($29,000)
Addition to retained earnings $57,000
Add dividends $6,400
Net profit earned $63,400
Add expenses $94,000
Revenue. $157,400
Therefore, company's net profit margin expressed as a percentage = Net profit earned / Revenue
= (63,400/157,400) × 100
= 40%
Answer:
they benefit from an expanded opportunity set.
Explanation:
As most of the business organizations focused on grabbing the investment opportunities which leads to diversify their business in terms of expanding the business in various locations, maximize the market share etc
This can be done with the help of opportunity set i.e. to expanded through which the firm could get the benefit of it
Hence, this would be the answer
