Competitive pay is pay that is comparable to or better than the market value of a position.
Answer:
The correct answer is option (D).
Explanation:
According to the scenario, the given data are as follows:
Henry capital = $45,000
Luther capital = $37,000
Gage capital = $(5,000)
Cash available = $77,000
Deficiency to be paid = 5000
As Gage is unable to pay the deficiency, the deficiency is paid by Henry and Luther
So, Henry capital after paying deficiency = $45,000 - $2,500 = $42,500
and Luther capital after paying deficiency = $37,000 - $2,500 = $34,500
Hence, cash allocation = Henry = $ 42,500
Luther = $ 34,500
Gage = $ 0
Total = $ 77,000
Therefore, Gage will receive $0 upon liquidation.
Any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.
<h3>What does Texas Constitution require a balanced budget?</h3>
- Texas always keeps its budget balanced because the State Constitution demands it. The Texas state and local sales taxes exceed 10% of the individual transaction price. The primary operating fund for Texas is the General Revenue Dedicated Fund.
- A constitutional amendment known as the "balanced budget amendment" would restrict government spending to the amount of revenue it receives. Spending would need to be under control by the federal government.
An amendment to the texas constitution requires a balanced budget. This means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.
According to a balanced budget, a government should not spend more than its income. Thus projected incomes and expenditures should be equal.
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Answer:
3 to 5 years
Explanation:
Strategic planning is the management activity of the business or the firm which is used in order to set the priorities, resources, focus energy, strengthen the operations, that ensure that the employees and the stakeholders are working toward a common motive or a goal.
Under this planning, managers considered the firm as a aggregate unit and ask themselves that what must be done for the long term, which is generally, three to five years, because the long term involves the long period or year of time that seeks the long term solutions.
Answer:
The answer is: The COGS is $635
Explanation:
We will use the following entries:
- Initial merchandise inventory $210
- Purchased merchandise inventory $635
- Ending merchandise inventory $160
Cost of goods sold = initial inventory + purchases - ending inventory
Cost of goods sold = $210 + $635 - $160 = $685