All categories

3 years ago

WHAT IS A Parliamentary System ABOUT

Business

1 answer:

Zarrin [17]3 years ago

4 0

Answer:

A parliamentary system or parliamentary democracy is a system of democratic governance of a state (or subordinate entity) where the executive derives its democratic legitimacy from its ability to command the support ("confidence") of the legislature, typically a parliament, to which it is accountable.

Explanation:

I took the test

You might be interested in

Using demand and supply curves, show the effect of each of the following on the market for cigarettes.

Alex Ar [27]

There are different aspects of demand curves. The answers is below;

A cure for lung cancer is found: The demand curve, in this scenario, will shift to the right along as the cure for lung cancer is found which will also increase or move right.

The price of cigars will also increases and the demand increases while the curve moves to the right

Wages will also increase in states that grow tobacco, while the supply will decreases and the curve will moves left.

A fertilizer that increases the yield per acre of tobacco is discovered, this will make supply increases and the curve moves to the right.

There is a sharp increase in price of matches, lighters, and lighter fluid, This will make the demand decreases and the curve to go left.

More states pass laws restricting smoking in restaurants and public places, this will make demand decreases and the curve to go left.

<h3 /><h3>Demand curve </h3>

The demand curve is known as a curve that helps to give all the possible combinations of the price and quantity demanded of a product or service at a given time and in a graphically manner.

Learn more about curve from

brainly.com/question/1486483

5 0

3 years ago

Start with the beginning balances for these T-accounts: Accounts Receivable, $100,000, Allowance for Uncollectible Accounts,

iren [92.7K]

Answer:

T-accounts:

The ending balances of Accounts Receivable and Allowance for Uncollectible Accounts are:

Accounts Receivable = $75,000

and

Allowance for Uncollectible Accounts = $17,000

Explanation:

Accounts Receivable

Accounts Title Debit Credit

Balance $100,000

Service Revenue 697,000

Cash $714,000

Uncollectible written off $8,000

Balance $75,000

Allowance for Uncollectible Accounts

Accounts Title Debit Credit

Balance $14,000

Uncollectible written off $8,000

Uncollectible Expense 11,000

Balance 17,000

7 0

3 years ago

On January 1 of this year, Trucks R Us Corporation issued bonds with a face value of $ 2,000,000 and a coupon rate of 10 percent

Anestetic [448]

Bonds Payable amount reflected in balance sheet = $2192890

Face Value = $2000000

Coupon Rate = 10%

Maturity Period = 10 years

Number of compounding = 2

Interest = $2000000 * 10% * 6/12 = $100000

Period = 2 * 10 = 20

Maturity Value = Face Value = $2000000

Market Interest Rate semiannually = 0.085 / 2 = 0.0425

Market Value = Present Value of Future Cash Flows

= PV of Interest + PV of maturity value

= (Interest * PVAF (4.25%, 20)) + (Maturity Value * PVIF (4.25%, 20))

= (100000 * 13.29437) + (2000000 * 0.434989)

= $1329437 + $869978

= $2199415

Since market value is greater than face value, we can say that bonds are issued at a premium.

Premium = $2199415 - $2000000 = $199415

Journal Entry to record the issuance of bonds:

Cash a/c Dr $2199415

To Bonds Payable a/c $2000000

To Premium on the issue of bonds $199415

Bonds Payable amount is a liability account that carries the quantity owed to bondholders by way of the company. This account usually seems in the lengthy-term liabilities section of the stability sheet, on account that bonds usually mature in more than one year.

Learn more about Bonds Payable amount here: brainly.com/question/7158291

#SPJ4

6 0

2 years ago

1. Which of the following is an example of an intermediary?

LUCKY_DIMON [66]

Considering the available options, an example of an intermediary is "New car dealership."

This is based on the idea that an intermediary is an organization between the producers and the final consumers in the business chain transaction.

Thus, a new car dealership is considered an intermediary because he is neither a producer nor the final consumer of the automobile product.

Generally, in any industry, there are different types of intermediaries, they include:

agents, wholesalers, distributors, and retailers.

Hence, in this case, it is concluded that the correct answer is option C. "New Car Dealership."

Learn more here: brainly.com/question/22272615

5 0

3 years ago

Read 2 more answers

The Doodad Company purchases a machine for $440,000. The machine has an estimated residual value of $40,000. The company expects

jonny [76]

Answer:

d. $35,000

Explanation:

For computing the depreciation expense we need to first calculate the depreciation per unit which is shown below:

= (Original cost - residual value) ÷ (estimated production units)

= ($440,000 - $40,000) ÷ (8,000,000)

= ($400,000) ÷ (8,000,000)

= $0.05 per unit

Now the depreciation expense is

= Production units × depreciation per bolts

= 700,000 units × $0.05

= $35,000

We simply applied the above formulas

4 0

4 years ago