The budget process makes fiscal policy difficult to implement because
<span>---The budget process begins a year and a half before the budget is implemented, and this will make it difficult to know what type of fiscal policy will be needed because it requires us to predict the problem and opportunities that arise during the operation.
---Many budget decisions are made for political reasons , because many politicians was appointed by interest groups that controlled by big companies.
---Nearly two-thirds of the budget is mandated by federal programs and cannot be easily changed, even if it could be changed, the cost could outweihgt the benefit.</span>
Answer: No.
Explanation:
From the question, we are informed that Dechert's camera fails to focus properly, therefore he takes the camera to a camera store that sells new and used cameras and also repairs them. He later returns to the store to pick up the camera it is not found and he later found out that after the camera was fixed, a dishonest employee sold it to a customer who came in to buy a used camera.
Even if Dechert finds out the name of the customer who bought the camera, he cannot recover it from the customer because this is an exception to the rule of law whereby it is stated that a legal title cannot be transferred to a property by a thief. Because the store sold both used and new cameras, the store has the power to give out Dechert's title to someone who purchases in an ordinary course of the said business.
Answer:
c. $ 760,000
Explanation:
For computing the cost of goods manufactured, we have to use the formula which is shown below:
Cost of goods manufactured= Beginning work in process + manufacturing cost - ending work in process
= $125,000 + $835,000 - $200,000
= $760,000
Beginning work in process + manufacturing cost is called total work in process for a given period
Computation of the estimated inventory at retail on a LIFO basis
Cost ($)
Beginning inventory 16,800.00 24,800.00
Purchases 50,800.00 79,800.00
Freight - in 4,300.00 -
Purchase returns (3,500.00) (4,400.00)
Add: Net markups - 2,900.00
Less: Net markdowns: - (5,900.00)
Goods available for sale (excluding beginning inventory) 51,600.00 72,400.00
Goods available for sale (including beginning inventory) 68,400.00 97,200.00
Less: sales
Net sales 72,400.00
Add back employee discount 2,500.00 (74,900.00)
Ending inventory, at retail 22,300.00
The first computer with the chess playing program is called the Deep Blue. It was built by IBM during 1996. It defeated the world champion G<span>arry Kasparov in a six-game match with a score of 4-2. It can reach more than 450 points than a human chess player.</span>