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taurus [48]
2 years ago
13

Governors and state officials would tend to favor ______ from federal funding since it provides flexibility in terms of how the

funds can be used.
Business
1 answer:
zzz [600]2 years ago
6 0

Block grants from federal funding would tend to be favoured by the governor's and State officials

<h3 /><h3>Block grants</h3>

Block grants are federal funds earmarked for specific state or local programs. A block grant is supported by federal funds but administered by state or local governments. Most block grants support the following:

  • housing,
  • health, or
  • other social services.

In conclusion, we can conclude that the correct answer is block grants.

learn more about block grants from here: brainly.com/question/5818266

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You recently invested $18,000 of your savings in a security issued by a large company. The security agreement pays you 6 percent
Yuri [45]

Answer:

At the end of the three years period, the amount to recieve will be for $7,146.1

Explanation:

18,000 savings at 6% during three years.

we will calcualte the future value of a lump sum:

Principal \: (1+ r)^{time} = Amount

Principal 6,000.00

time 3.00

rate 0.06000

6000 \: (1+ 0.06)^{3} = Amount

Amount 7,146.10

3 0
3 years ago
Product Pricing: Single Product Presented is the 2017 contribution income statement of Grafton Products. GRAFTON PRODUCTS Contri
hodyreva [135]

Answer:

a)647,000

b)658,000 yes as increase net income

c) 2,480,000

Explanation:

a) current net income :                                               842,000

less 13,000 x 12 increce in variable manufacturing  (156,000)

less increase in fixed MO                                        <u>     (39,000)  </u>

                                                                                      647,000

b)

Sales        3,200,000    (16,000 x 200)

Variable   <u> (1,408,000)</u>  988,000x16,000/13,000 + 156,000

Contribution  1,792,000

Fixed MO (819,000)  

Fixed S&A<u> (315,000)   </u>

Net Income 658,000

c)

\frac{Fixed\:Cost + Target \: Profit}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

1,792,000 / 3,200,000 = 0.56

\frac{1,134,000 + 254,800}{0.56} = Break\: Even\: Point_{dollars}

4 0
3 years ago
Sam lives in San Diego and runs a business that sells pianos. In an average year, he receives $793,000 from selling pianos. Of t
iragen [17]

Answer:

a. explicit cost

b. explicit cost

c. implicit cost

d. implicit cost

Explanation:

Explicit costs can be defined as the actual costs incurred to run the business like supplies, utilities, materials or wages, while implicit costs can be defined as the opportunity cost of running the business like the potential salary of working in another job or the possible revenue of renting the current operating location.

a. The wages and utility bills that Sam' pays - explicit cost (actual costs)

b. The wholesale cost for the guitars that Sam' pays the manufacturer - explicit cost (actual costs)

c. The rental income Sam' could receive if he chose to rent out his showroom  - implicit cost (potential revenue lost)

d. The salary Sam' could earn if he worked as a financial advisor - implicit cost (potential revenue lost)

7 0
3 years ago
Which of the following is a good example of inflation? O A. You work three jobs in order to pay your bills. It cost you $85 to g
BlackZzzverrR [31]

It cost you $85 to gas up your car this month. But last month it cost you $50. This is inflation

7 0
3 years ago
A company borrowed $10,000 from the bank at 5% interest. The loan has been outstanding for 45 days. Demonstrate the required adj
baherus [9]

Answer:

The required adjusting entry would be to debit the Interest <u>expense</u> account and <u>credit</u> the Interest<u> </u><u>payable</u> account.

Explanation:

The number of days that a loan debt stays unpaid is referred to as the outstanding number of days.

In line with the general accounting rules, all expenses must be debited. Therefore, the interest expense has to be debited.

Interest payable, however, is the amount owed to a lender by a firm and is thus credited as the matching journal entry to the interest expense.

Therefore, we have:

The required adjusting entry would be to debit the Interest <u>expense</u> account and <u>credit</u> the Interest<u> </u><u>payable</u> account.

6 0
2 years ago
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