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2 years ago

What role of government do you think is the most important from an economic perspective and why?

Business

1 answer:

GuDViN [60]2 years ago

3 0

Answer:

Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy. ... Over time, as our society and economy have changed, government activities within each of these functions have expanded.

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If bond interest expense is $800,000, bond interest payable increased by $8,000 and bond discount decreased by $2,000, how much

Zarrin [17]

<span>If bond interest expense is $800,000, bond interest payable increased by $8,000 and bond discount decreased by $2,000, how much cash was paid for bond interest? = </span>$806,000

5 0

3 years ago

The following stockholders' equity accounts arranged alphabetically are in the ledger of Wildhorse Co. at December 31, 2020.

Andrei [34K]

Answer:

Wildhorse Co.

The stockholders' equity section of the Balance Sheet at December 31, 2020

Preferred Stock (8%, $101 par, noncumulative) 414,100

Paid-in Capital in Excess of Par-Preferred Stock 48,700

Common Stock ($12 stated value) 1,776,000

Paid-in Capital in Excess of Stated Value-Common Stock 659,000

Treasury Stock-Common (7,900 shares) (96,000)

Retained Earnings 782,000

Total stockholders' equity $3,583,800

Explanation:

a) Data:

Preferred Stock (8%, $101 par, noncumulative) 414,100

Paid-in Capital in Excess of Par-Preferred Stock 48,700

Common Stock ($12 stated value) 1,776,000

Paid-in Capital in Excess of Stated Value-Common Stock 659,000

Treasury Stock-Common (7,900 shares) (96,000)

Retained Earnings 782,000

Total stockholders' equity $3,583,800

b) The major components of the stockholders' equity include the stock accounts, paid-in capital, retained earnings, and the treasury stock. The stockholders' equity represents the difference between the assets and the liabilities of Wildhorse Co. The equity section shows the capital contributions of Wildhorse stockholders and the accumulated retained profits.

5 0

3 years ago

Becca, an office manager for a small construction company, met with representatives from Xerox and Minolta, along with the presi

lilavasa [31]

Answer: User

Explanation: Becca has the role of the user of the new copier machines being purchased for their company, because although she isn't the one making the purchase, she is the one who has the duty to operate the machines on a daily basis.

6 0

2 years ago

There are 20 automatic turning machines in the lathe department. Batches of parts are machined in the department. Each batch con

Semmy [17]

Answer:

The capacity of the lathe department is 3200 parts/week. The workers capacity is the bottleneck.

Explanation:

In this case we have to compare the machine capacity and the worker capacity, and detecting shich one is limitating the capacity of the department.

Machine capacity

The time it takes for a machine to process a batch is

$Time_{batch}=T_{setup} + T_{machining}=5+(9/60)*100=5+15=20 h$

In 40-hour week, every machine can process 2 batches/week.

With 20 machines, the capacity of the department is 2*20=40 batch/week (4000 pcs/week).

Workers capacity

With 40-hour week and 5-hours setup, every worker can make (40/5)=8 setups a week.

If the department has 4 workers, the amount of setups that can be done is 4*8=32 setups/week. That means that only 32 batches can be processed per week (3200 pcs/week).

The workers resource is the limitating capacity, and therefore the capacity of the lathe department.

5 0

2 years ago

Owen is considering giving a large charitable contribution to an organization in the current year. Owen's adjusted gross income

oee [108]

Answer:

Explanation:

There is a limit on the amount of charitable contribution that a taxpayer can claim as deduction and it depends on the type of property that a taxpayer donates and nature of charity organization. A taxpayer can deduct up to 60% of adjusted gross income (AGI) in the case of cash contributions to public charity. When he contributes capital gain property, he can deduct up to 30% of adjusted gross income in the case of public charity. When he contributes capital gain property to private non operating foundation, he can deduct up to 20% adjusted gross income.

Calculate the maximum amount of deduction as follows

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4 0

3 years ago

What role of government do you think is the most important from an economic perspective and why?​

What role of government do you think is the most important from an economic perspective and why?