Crane Wholesalers Ltd. has a December 31 year end. The company incurred the following transactions related to current liabilities: 1 Crane's cash register showed the following totals at the end of the day on March 17: pre-tax sales $50,000, GST $2,500, and PST $3.500 2 Crane remitted 549,000 of sales taxes owing from March to the government on April 30 3 Crane received its property tax bill for the calendar year for $54.000 on March 31, payable May 31 Crane recorded no entries pertaining to property tax during the current year prior to the receipt of this bill Crane paid its employees for the week of August 15 on August 20. The gross pay was $80,000. The company deducted $4.128 for CPP $1.312 for E1. $6.000 for pension, and $16.020 for income tax from the employees pay 5. Crane recorded the employer portions of CPP and El for the week of August 15 on August 20 for 54.128 and $1.837. respectively On September 15, all amounts owing for employee income taxes, CPP, and El pertaining to the payroll transactions above were paid. On December 31. Crane's legal counsel believes that the company will have to pay damages of 540,000 next year to a local utility company for failing to pay it on time during the current year Hint: This will affect the Utilities Expense account) 4 6 7. (a) Record journal entries for the transactions above. Round answers to the rest whole olla 275 metres the order presented in the problem. Credit account titles are automatically indented when the mountered Dormindent manually. Ustall debit entries before credit entries Credit Debit Date Account Tities and Explanation She Det on the und Deba Current Attempt in Progress 2 Crane Wholesalers Ltd has a December 31 year end. The company incurred the following transactions related to current habilities: 1 Crane's cash repister showed the following totals at the end of the day on March 17: pre-tax sales 550,000, GST $2,500. and PST $3.500 Crane remitted $49000 of sales taxes owing from March to the government on April 30. 3. Crane received its property tax bill for the calendar year for $54.000 on March 31, payable May 31.Crane recorded no entries pertaining to property tax during the current year prior to the receipt of this bill Crane paid its employees for the week of August 15 on August 20. The prosspay was $80,000. The company deducted $4.128 for CPP. $1,312 for El. $6,000 for pension and $16.020 for income tax from the employees' pay 5 Crane recorded the employer portions of CPP and El for the week of August 15 on August 20 for $4,120 and 51.837 respectively On September 15. all amounts owing for employee income taxes, CPP, and El pertaining to the payroll transactions above were paid 7 On December 31. Crane's legal counsel believes that the company will have to pay damages of $40.000 next year to a local utility company for failing to pay it on time during the current year. Hint: This will affect the Utilities Expense account) 6 la Record journal entries for the transactions above. Round answers to the nearest whole dolas 5.273. Record met the order presented in the problem. Credit account titles are automatically indented when the amount in manually List all debit entries before credit entries) Debit Date Account Titles and Explanation
Answers
the specific account titles may vary based on the chart of accounts used by Crane Wholesalers Ltd.
Here are the journal entries for the transactions mentioned:
March 17:
Debit: Cash Register (Sales) - $50,000
Credit: GST Payable - $2,500
Credit: PST Payable - $3,500
April 30:
Debit: GST Payable - $2,500
Debit: PST Payable - $3,500
Credit: Cash - $5,000
March 31:
Debit: Property Tax Expense - $54,000
Credit: Property Tax Payable - $54,000
August 20:
Debit: Salary Expense - $80,000
Debit: CPP Expense - $4,128
Debit: EI Expense - $1,312
Debit: Pension Expense - $6,000
Debit: Income Tax Expense - $16,020
Credit: Cash - $52,540
Credit: CPP Payable - $4,128
Credit: EI Payable - $1,312
Credit: Pension Payable - $6,000
Credit: Income Tax Payable - $16,020
August 20:
Debit: CPP Expense - $4,120
Debit: EI Expense - $1,837
Credit: CPP Payable - $4,120
Credit: EI Payable - $1,837
September 15:
Debit: CPP Payable - $4,120
Debit: EI Payable - $1,837
Debit: Income Tax Payable - $16,020
Credit: Cash - $22,977
December 31:
Debit: Utilities Expense - $40,000
Credit: Utilities Payable - $40,000
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Related Questions
PLEASE HELP I NEED THIS ASAP, I WILL GIVE BRAINLEST
Answers
Answer:
actuary - An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science. So the answer would be D.
bankteller - A bank teller is an employee of a bank whose responsibilities include the handling of customer cash and negotiable instruments. So the answer would be A.
IFM - Researching various stocks or funds that may be in the news for recent product developments, earnings statements. So the answer would be C.
Auditor - An auditor is a person authorized to review and verify the accuracy of financial records and ensure that companies comply with tax laws. So the answer would be B.
Explanation:
insurance is a contract by which one seeks to protect another from
Answers
Insurance is a contract by which one seeks to protect another from financial loss or harm.
Insurance serves as a risk management tool that individuals or organizations utilize to mitigate the potential financial consequences of uncertain events. Through an insurance contract, the insured party pays regular premiums to an insurance company, and in return, the insurer agrees to provide compensation or coverage in the event of specified losses or damages.
The purpose of insurance is to transfer the risk from the insured to the insurer. It provides a means of protection against unforeseen events such as accidents, natural disasters, theft, or liability claims. By having insurance coverage, individuals and businesses can safeguard themselves from significant financial burdens that may arise from these events.
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What expertise and characteristics should directors have or possess in companies like Spar and Shoprite? Explain THREE each
Answers
Expertise and characteristics that directors in companies like Spar and Shoprite should possess include knowledge of retail industry trends, financial acumen, and strong leadership skills.
What expertise and characteristics should directors have or possess?Directors in companies like Spar and Shoprite play a crucial role in guiding the strategic direction of the organization, ensuring that it remains competitive and profitable in a constantly evolving retail landscape.
To do this effectively, they must possess a deep understanding of the industry, including emerging trends in consumer behavior, technology, and logistics. They must also have strong financial acumen, as they are responsible for overseeing the company's financial performance and making decisions that will drive growth and profitability.
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paper inc. had a board meeting last week to sign a contract to buy more paper for next year. Four of the nine board members were able to attend and they have explicit quorum rules stated in their bylaws. They voted and signed a contract at the meeting, why is this contract not legal.
Answers
Answer:
because the other board people is not there. Its also not legal because on 4 of the nine people were there.
Explanation:
That is why.
Pls help will mark brainleist
Answers
Answer:
D Values
Explanation:
In a bank reconciliation, deposits outstanding are: a. subtracted from the bank balance. b. added to the book balance. c. added to the bank balance. d. subtracted from the book balance.
Answers
In a bank reconciliation, deposits outstanding are b. added to the book balance.
What is book balance?The book balance is the balance of cash in a company's general tally, while the bank balance is the balance of cash in the company's bank account. Deposits outstanding are deposits made by the company that haven't yet been recorded by the bank.
To attune the book balance with the bank balance, outstanding deposits are added to the book balance. This is because the book balance formerly includes the deposits made by the company, while the bank balance doesn't yet reflect those deposits until they're recorded by the bank.
Thus, the correct answer is b. added to the book balance.
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current forms of ethnographic fieldwork in cultural anthropology are rooted in
Answers
Current forms of ethnographic fieldwork in cultural anthropology are rooted in a variety of historical and theoretical influences.
Various historical and theoretical influences can be found at the foundation of contemporary forms of ethnographic fieldwork in cultural anthropology. One of these is the custom of participant observation in which researchers live among the community they are researching to gain firsthand insights. Reflectivity, which emphasizes the researcher's self awareness and recognition of their own biases has emerged as a crucial component. Ethnographic interviews offer a way to learn more about community members perspectives and in depth information.
Collaboration and community involvement in the research process are prioritized by collaborative and community based approaches. Digital and multi sited ethnography has become popular for examining universal and connected phenomena. These methods have been influenced by the writings of significant anthropologists and they are still developing in response to shifting societal, technological and ethical factors.
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Describe how a free market works
Answers
when does business unit planning occur in the strategic planning process? group of answer choices after corporate planning and product planning after offering planning but before product planning before corporate planning after offering planning after corporate planning but before offering planning
Answers
Business unit planning typically occurs after corporate planning and product planning but before offering planning in the strategic planning process.
What is Business?Business is an activity that involves the production, buying, and selling of goods and services. It involves individuals, organizations, and companies working together to create economic growth and development. Business activities are conducted in order to generate profits and satisfy customer needs. Businesses can involve a variety of activities such as accounting, finance, marketing, operations, production, and human resources. Businesses must also consider their legal, ethical, and social responsibilities when engaging in their activities.
This allows the business to identify the potential opportunities and resources available to the business unit, as well as analyze the risks associated with pursuing those opportunities. This process also helps the business unit identify the strategies and objectives necessary to achieve its desired outcomes.
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What other ecosystems resemble islands? List at least two and explain why they are similar to islands.
Answers
For instance, the Millennium Ecosystem Assessment refers to islands as "land."
What does ecosystems resemble islands?An island is an example of a terrestrial ecosystem, even though it is surrounded by water and contains many inhabitants that engage in marine ecology.
Islands have long piqued the interest of ecologists. Native species are less likely to be replaced by the arrival of foreign flora and animals because of their remoteness from the mainland. As they grow and change through time, they create an ecosystem unique to that island in order to adapt to their surroundings.
An ecological island is a biodiverse microhabitat that is a part of a larger environment. The sky islands serve as an example of an ecological island. A population of land-based species and the interactions between biotic and abiotic components in a particular area make up a terrestrial ecosystem.
Thus, the Millennium Ecosystem Assessment refers to islands as "land."
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If the wage rate in the agriculture sector is lower than the manufacturing sector, then labor will migrate to the manufacturing sector. this will cause:________
Answers
If the wage rate in the agriculture sector is lower than in the manufacturing sector, then labor will relocate to the manufacturing sector. this will drive both wages and the marginal product of labor in the manufacturing sector to decrease.
Why are pay low in the agricultural sector?The wages are low in the agricultural sector due to work productivity cannot rise in the agricultural sector as the marginal productivity of land goes on declining. Therefore wages stay low resulting in poverty.
Why do you think agricultural laborers are forced to take low salaries?They are pushed to labor by their landlord. They can be replaced by any other labor, ready for less pay. They don't have a stable source of earnings.
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Creating a Multimedia Presentation
to Describe Your Personal
Characteristics
Student Guide
Assignment Summary
For this assignment, you will create a multimedia presentation describing your
personal characteristics, and think about how these characteristics relate to career
fields.
Your presentation should include a title slide, eleven slides representing your
personal characteristics, and a works cited slide.
Assignment Instructions
Step 1: Gather materials and necessary information.
a) Create your multimedia presentation describing your personal characteristics
and how they relate to career fields.
b) Be sure to keep a list of your references so that you can cite them later.
c) Complete the personal assessment from earlier in this lesson to learn about
your top three career clusters. If needed, it is available as a resource for this
assignment.
d) Ask your teacher where you should save your presentation as you work on it.
Your teacher may also have specific guidelines about the file name you
should use.
Step 2: Create your title slide.
a) Begin by creating the title slide. On this slide, include the title of your
presentation, your name, your teacher’s name, and the due date of the
presentation.
Answers
A multimedia presentation is a sort of presentation that combines multiple digital communication mediums, such as video, interactive slides, audio clips, music, and more, to convey the message. The usage of text and graphics is only one component of a multimedia.
Create a multimedia presentation: what are the steps?Organize your thoughts into an outline, choose your software, design your slides, gather your material, write, incorporate the media, and then finish.
Which of the subsequent is an illustration of a multimedia presentation?These three programs together set the bar for making multimedia presentations in the slide-deck format.
What five qualities does multimedia possess?The five primary components of multimedia are text, image, audio, video, and animation.
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1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 19%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?
Answers
Answer:
the information about the company's income statement is missing, so I looked for a similar question (see attached image):
current contribution margin per unit = $3
current sales volume = 44,000 units
fixed expenses = $46,000
1. What is the revised net operating income if unit sales increase by 12%?
[(44,000 x 1.12) x $3] - $46,000 = $101,8402. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 19%?
[(44,000 x 1.19) x $1.70] - $46,000 = $43,012
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%?
[(44,000 x 0.93) x $4.30] - $52,000 = $123,9564. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?
[(44,000 x 0.87) x $4.60] - $46,000 = $130,088
1.different types of socialization?
Answers
Answer:
Primary and secondary
Explanation:
Generally there are 5 types of socialisation.
1. Primary
2. Secondary
3.Anticipatory
4. Development
5. Resocialisation.
But the common are primary and secondary
This type of socialization happens when a child learns the values, norms and behaviors that should be displayed in order to live accordingly to a specific culture.
Example: A child hears his father talk bad words against an old lady. The child would think that this behavior is socially acceptable, so he would start talking bad words against older people.
Secondary socialization
This type of socialization occurs when a person learns an appropriate behavior to be displayed within a smaller group which is still part of a larger society. The changes within the values, attitudes and beliefs of an individual are seen to be less important than the changes made in him as he participates in the larger society.
Example: A high school graduate chooses a career in Business Management after participating in a small group career seminar led by college business majors.
Developmental socialization
This type of socialization involves a learning process wherein the focus in on developing our social skills.
Example: A shy senior high school student starts to teach English to new freshmen students in order to develop verbal communication.
Anticipatory socialization
This type of socialization refers to the process wherein a person practices or rehearses for future social relationships.
Example: A child anticipates parenthood as he observes his parents perform their daily roles.
Resocialization
This type of socialization involves rejecting previous behavior patterns and accepting new ones so the individual can shift from one part of his life to another. Resocialization is said to be happening throughout human life cycle.
Christina's bank allows her employer to directly deposit her paycheck into her personal bank account. this service provided by christina's bank is called a(n): group of answer choices atm service. federal deposit insurance corporation (fdic) service. money market service. electronic funds transfer system (efts) service. overdraft service.
Answers
The service provided by Christina’s bank is called federal deposit insurance corporation service. Thus the second option is correct.
What is federal deposit Insurance Corporation?The Federal Deposit Insurance Corporation is agencies which provides the services of the supply deposit insurance to depositors in American depository institutions and also provides the credit services which regulates and insures credit unions.
In the above scenario, Christina directly deposits her paycheck in the bank in her personal account. Thus the bank provides the services of Federal Deposit Insurance Corporation services to deposit her savings into the bank.
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Last week Sarah Carver worked 4 overtime hours at time-and-a-half pay. Her
regular pay rate is $8.70 per hour. What was her overtime
pay for the week
Answers
Answer:
34.80
Explanation:
8.70 times 4 is 34.80
Answer:
69.60
Explanation:
8.70 x0.5 = 17.4
17.4 is time and a half rate
17.4 x 4 = 69.60
4 is the hours she worked.
Please draw a macroeconomic AD-AS model diagram of Estonia in
2020-2022. And briefly describe the model diagram in combination
with the Estonian government policy.
Answers
The AD-AS model diagram in Estonia for 2020-2022 includes two intersecting curves: the aggregate demand (AD) curve and the aggregate supply (AS) curve.
The AD curve represents the total demand for goods and services in the economy and is composed of four components: consumption, investment, government spending, and net exports. In Estonia, the AD curve was significantly impacted by the COVID-19 pandemic, resulting in a decrease in consumer spending and investment. However, government spending and net exports helped mitigate the decline in demand.
The AS curve represents the total supply of goods and services in the economy and is influenced by factors such as labor and capital. In Estonia, the AS curve was also impacted by the pandemic, resulting in supply chain disruptions, reduced productivity, and higher costs.
To address the economic impacts of the pandemic, the Estonian government implemented several policies. These included providing financial support to affected businesses, increasing unemployment benefits, and investing in infrastructure projects to stimulate demand and create jobs. The government also implemented measures to improve the efficiency of supply chains and mitigate supply chain disruptions.
Overall, the AD-AS model diagram in Estonia for 2020-2022 reflects the significant impact of the COVID-19 pandemic on the economy, as well as the government's efforts to address the resulting economic challenges through a combination of demand and supply-side policies.
The AD-AS model diagram in Estonia for 2020-2022 reflects the significant impact of the COVID-19 pandemic on the economy, with both AD and AS curves being affected by the crisis. To address the economic challenges, the Estonian government implemented a range of policies aimed at both stimulating demand and improving supply-side efficiency.
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Using CPM, which activities make up the critical path?
Question 11 options:
a)
A, B, D, F, G,
b)
A, C, E, F, G
c)
A, D, E
d)
A, C, B, F, E,
Answers
The correct answer is option b) A, C, E, F, G. Critical Path Method (CPM) is a project management technique that is used to determine the critical path of a project. The critical path is the sequence of activities that must be completed in order for the project to be completed on time.
In order to determine the critical path, you must first identify all of the activities that make up the project. Then, you must determine the duration of each activity and the dependencies between them. Finally, you must use this information to determine the critical path.
In this case, the critical path is made up of the activities A, C, E, F, and G. These activities must be completed in order for the project to be completed on time. If any of these activities are delayed, the entire project will be delayed.
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3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Abbott Company purchased $7,100 of merchandise inventory on account. Abbott uses the perpetual inventory method. How does this transaction affect the financial statements
Answers
If you own a zero coupon bond that will pay $100,000 in 5 years and market interest rates for similar bonds fall from 8% to 6%, what happens to the value of your bond?.
Answers
A zero coupon bond is a type of bond that pays no interest. In contrast, instead of paying annual or semi-annual coupon payments, the bond is sold at a discount from its face value and the full value of the bond is paid at maturity.
The bond's value is inversely proportional to interest rates. When market interest rates increase, the bond's value decreases and vice versa. So, what happens to the value of your bond if market interest rates for similar bonds fall from 8% to 6% if you own a zero coupon bond that will pay $100,000 in 5 years.
The bond's value will rise if market interest rates fall from 8% to 6%. When market interest rates fall, the value of bonds rises and the price of zero-coupon bonds increases, providing a hedge against interest rate risk. In this scenario, the bond's present value will increase if interest rates fall.
The bond's current value will be determined using the present value equation for a single sum: P = FV / (1 + r)n Where P is the current value, FV is the future value, r is the interest rate, and n is the number of years to maturity.
The bond's value, according to the above formula, is: P = $100,000 / (1 + 0.06)5= $74,386.79
Thus, the value of your bond would increase from $68,058.73 to $74,386.79 if market interest rates fall from 8% to 6%.
Therefore, we can conclude that when market interest rates fall, the value of zero-coupon bonds rises.
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the suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate wich challenge of entrepreneurship
Answers
The suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate the challenge of managing people.
What is entrepreneurship?The entrepreneurship serves the activity that involves the setting up of a business or businesses, by taking the financial risks in the hope of profit.
Therefore, suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate the challenge of managing people.
In this case, as an entrepreneur, one should able to have the mind to bear the risk as well as make the good decision that is need for the success of the business, examples of entrepreneur are; Mark Zuckerberg, Bill Gate and others.
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Outsourcing is becoming more and more common, but it is a controversial idea in the United States. Why do you think this is such a highly contested idea? Do you think outsourcing is a good idea or a bad one? Explain the reasons for your answer.
Answers
Answer:
Outsourcing is a contested idea because the original company loses control of the job they are trying to complete. Outsourcing is a bad idea because it also causes jobs to be lost. (you might want to change the wording a bit.)
Explanation:
The forecast was 70 units for the current period while actual demand was 76. the forecast for the next period is 75.8. what is alpha if a simple exponential smoothing forecast method is being used?
Answers
Answer:
To find the value of alpha in a simple exponential smoothing forecast method, we can use the following formula:
alpha = (actual demand - forecast for current period) / actual demand
Plugging in the values from the problem, we get:
alpha = (76 - 70) / 76 = 6 / 76 = 0.0789
Thus, the value of alpha in this case is approximately 0.0789.
. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?
Answers
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5
What do you mean by Total revenue?
Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.
Total revenue when she uses the direct channel is $996
\(\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996\)
If she uses the indirect channel, her total revenue is $1,059.50.
\(\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50\)
The difference in revenue between direct selling and indirect selling:
\(\rm\, \$1,059.50 - \$996 = \$63.5\)
The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.
Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.
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Hi
im reading this text and confuse about the meaning, could you please explain to me?
it means 1% or 100% ?
"""in particular, they are subject to the non-affectation principle, according to which all expenditures are covered by the public budget, and in return all the revenue goes to the public treasury. All revenue gained is "taxed" by the public treasury (((((at one hundred per cent))))) as the subsidy is correspondingly reduced. """
thank you
Answers
In the given context, the phrase "taxed by the public treasury at one hundred per cent" means that all revenue gained is fully collected by the public treasury.
It implies that any income generated through subsidies or other means is completely retained by the government, leaving no portion for the recipient.
The non-affectation principle mentioned in the text states that all expenditures, including subsidies or other forms of financial assistance, are covered by the public budget. In return, any revenue generated from those subsidies is completely collected or "taxed" by the public treasury, with no portion remaining for the recipient. This implies that the subsidy received is reduced in proportion to the revenue gained.
To summarize, the statement indicates that the public treasury collects all revenue gained at a rate of one hundred per cent, leaving no portion for the recipient as the corresponding subsidy is reduced accordingly.
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How to safely store deposits if you have more than $250,000?
Answers
In the following question, If you have more than $250,000 to deposit, you can safely store your deposits by spreading them across multiple banks or accounts.
This is known as deposit insurance and is provided by the Federal Deposit Insurance Corporation (FDIC).
If you want to ensure the safety of your deposits, you can follow these steps: Spread your deposits across multiple banks or accounts: Instead of depositing all of your funds into a single account, you can spread them across multiple accounts at different banks.
This will ensure that your deposits are protected up to the FDIC insurance limit of $250,000 per depositor per insured bank. Use multiple account types: You can also spread your deposits across different account types, such as savings accounts, checking accounts, and money market accounts. This will increase your coverage under the FDIC insurance program. Check the FDIC insurance coverage:
You can use the FDIC's online calculator to determine the coverage limits for your accounts. This will help you ensure that all of your deposits are protected by FDIC insurance. Keep an eye on your deposits: You should regularly check your account balances and make sure that your deposits are within the FDIC insurance limits. This will help you stay informed about the safety of your deposits.
If you have more than $250,000 to deposit, you can safely store your deposits by spreading them across multiple banks or accounts.
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Distinguish between medium and higher level education with
illustration.
Answers
medium level profession can be defined as some one who has moved past entry level but isn't nearing the end . whereas high level profession means a person has moved past entry level and also has reached the end.
Allocating privately-held formal titles to agricultural land is more likely to be beneficial in regions where, other things equal,
crop production is becoming increasingly commercial.
there are extensive well-functioning informal credit markets.
population density is low.
existing communal systems of property rights work well.
Answers
Allocating privately-held formal titles to agricultural land is more likely to be beneficial in regions with increasing commercial crop production. This is due to the incentives provided for landowners to invest in their land and the ability to access formal credit markets with private titles as collateral.
Allocating privately-held formal titles to agricultural land is more likely to be beneficial in regions where crop production is becoming increasingly commercial. This is because private titles can provide incentives for landowners to invest in their land, enhance productivity, and contribute to economic growth in the region.
When crop production becomes more commercial, farmers often need to access capital to invest in machinery, seeds, and other inputs to improve productivity. Private land titles can serve as collateral for loans, enabling farmers to access formal credit markets that may not be available to those without clear land rights.
In regions with extensive well-functioning informal credit markets, allocating private titles may not be as beneficial. These markets can sometimes provide farmers with the necessary financial resources without the need for formal land titles.
Low population density areas may not benefit significantly from private land titles, as there may be enough land available for people to use without conflicts over property rights. Furthermore, formalizing land rights in low-density areas may be more challenging and costly due to larger land areas and fewer people to monitor property boundaries.
Lastly, in regions where existing communal systems of property rights work well, allocating private titles may not be necessary or desirable.
Communal systems can provide important social and environmental benefits, such as shared access to resources and protection of the ecosystem. Disrupting these systems with private titles could potentially lead to negative consequences for both the community and the environment.
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Franky believes that there should be no trade restrictions for any reason. What effect would frankly say that trade restrictions have on prices?
a. Hew would argue that by encouraging competition with trade restrictions, prices are likely to decrease
b. He would argue that restrictions would cause greater competition and therefore lead to higher prices
c. He would say that trade restriction's have no impact on prices, but they do restrict consumer choice
d. He would say that restrictions reduce competition and therefore cause an increase in prices
e. He would argue that trad restrictions increase prices because they break up domestic monopolies
Answers
Franky would argue that trade restrictions increase prices because they reduce competition.
Franky believes that there should be no trade restrictions for any reason. In this context, he would argue that trade restrictions have a negative effect on prices. According to Franky's viewpoint, trade restrictions reduce competition in the market, leading to higher prices. When there are restrictions on trade, such as tariffs or quotas, it limits the entry of foreign goods into the domestic market. This reduction in competition allows domestic producers to have more control over prices, resulting in higher prices for consumers.
Franky's argument is based on the belief that competition is beneficial for consumers as it encourages efficiency, innovation, and lower prices. By removing trade restrictions, Franky contends that it would promote competition by allowing more players to enter the market, leading to increased choices for consumers and ultimately driving prices down.
Overall, Franky's perspective is that trade restrictions have a negative impact on prices as they reduce competition, resulting in higher prices for consumers. He advocates for free trade as a means to promote competition and achieve lower prices in the market.
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