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3 years ago

How does the budget process make fiscal policy difficult to implement? (lo32-3)?

1 answer:

7 0

The budget process makes fiscal policy difficult to implement because
---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.

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The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u

Crank

Answer:

-$414,444.44

Explanation:

The computation of the net present value is shown below:

Net present value = Initial investment + net cash flows ÷ (required rate of return - projected growth rate)

= -$1,570,000 + $104,000 ÷ (12% - 3%)

= -$1,570,000 + $1,155,555.56

= -$414,444.44

Hence, the net present value is -$414,444.44

Since the net present value comes in negative so the project is rejected

8 0

3 years ago

Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m

loris [4]

Answer:

The overhead for the year was $130,075

Explanation:

GIVEN INFORMATION -

ESTIMATED ACTUAL

Manufacturing overhead $132,440 $128,600

Machine hours 2800 2750

Here for calculating the overhead for the year we will use the following formula =

\frac{Estimated Manufacturing Overhead}{Estiamted Machine Hours}\times Actual Machine Hours

= \frac{\$132,440}{2800}\times 2750

\$47.3\times 2750 = \$130,075

Therefore the overhead for the year was $130,075

5 0

3 years ago

Read 2 more answers

Your boss asks you to email a spreadsheet that shows what the company owns and what it has borrowed (owes) at a fixed point in t

mariarad [96]

Answer:

The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.

Explanation:

Balanced sheet

A balance sheet is an annual report of finance that accounts at a particular time on the funds, debts or on equity of any corporation and lays the foundation of calculations for calculating return rates and determining its financial performance of the company.

The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.

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3 years ago

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All definitions are correct except: Leverage: using other people's money. Equity buildup: As the loan is paid, the amount an inv

Verizon [17]

The definition that is not correct is that Leverage: using other people's money.

<h3>What is leverage?</h3>

When it comes to property, using leverage means borrowing money from a bank or financial institution.

Leverage is therefore not a simple matter of using other people's money, but rather using complex loan instruments from institutions.

Find out more on property mortgage at brainly.com/question/22598793.

#SPJ12

7 0

2 years ago

The type of cover letter written to request assistance and support from the author’s job network:

Fittoniya [83]

There are five general types of cover letters:

1. Application Letter - to apply for a specific job opening

2. Referral Cover Letter - mentions the name of a person who has referred you to a job

3. Letter of Interest - a prospecting letter, inquires about possible job openings

4. Networking Letter- request job search advice and assistance (sample networking letters)

5. Value Proposition Letter - a brief statement explaining what makes the candidate unique

If you are to request assistance and support from a job network, therefore, you must use the networking letter type of cover letter.

3 0

3 years ago

Read 2 more answers