The correct answer is e. None of the above, as the expected total cost is $258,000.
To calculate the expected total cost at Medallion Industries during 20x5, we need to account for both variable and fixed costs.
Given:
Anticipated production: 5,000 units
Budgeted variable costs: $75,000
Budgeted fixed costs: $24,000
Actual production: 15,600 units
Variable cost per unit = Budgeted variable costs / Anticipated production
Variable cost per unit = $75,000 / 5,000 units
Variable cost per unit = $15 per unit
Total variable costs for actual production = Variable cost per unit * Actual production
Total variable costs for actual production = $15 per unit * 15,600 units
Total variable costs for actual production = $234,000
Expected total cost = Budgeted fixed costs + Total variable costs for actual production
Expected total cost = $24,000 + $234,000
Expected total cost = $258,000
Therefore, the correct answer is None of the above, as the expected total cost is $258,000.
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________ is the process of defining a marketing problem and opportunity, systematically collecting and analyzing data, and recommending actions.
Such process of defining marketing problem and opportunity is known as Marketing Research.
Marketing Research refers to activities of evaluating & determining the feasibility of a firm's new product or service, through research conducted with targeted or potential customers.
Marketing research helps the management because information derived from data helps to draw and facilitate research conclusion and decision making in a firm.
However, marketing research must be systematic, objective and analytical so as to ensure drawing of valid conclusion for purpose of decisions making in a firm.
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A college graduate has a Job with a monthly gross pay of 4000. He takes home less than 4000 because
A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than gross pay.
What do you mean by gross pay?Gross pay refers to the amount received by the employee without any tax deductions.
A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than the gross pay.
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Computing Asset Related Ratios J. M. Smucker included the following information in its April 2019 10-K. $ millions Apr. 30, 2019 Apr. 30, 2018 Sales $7,916. 4 Depreciation expense 208. 1 Land 123. 3 $121. 3 Buildings and fixtures 912. 2 820. 7 Machinery and equipment 2,250. 6 2,0174. 8 Construction in progress 325. 0 214. 2 Gross property, plant, and equipment 3,611. 1 3,0331. 0 Accumulated depreciation (1,635. 9) (1,542. 5) Total property, plant, and equipment $1,975. 2 $1,788. 5 a. Compute PPE turnover for fiscal year ended April 30, 2019. Round answer to one decimal place. Answer 4. 21 b. Compute the average useful life of depreciable assets at April 30, 2019. Round answer to one decimal place. Answer years c. Compute the percentage used up of the PPE at April 30, 2019. Round answer to one decimal place (ex: 0. 2345
a. The PPE turnover for the fiscal year ended April 30, 2019, is 4.21.
b. The average useful life of depreciable assets at April 30, 2019, is [to be calculated].
c. The percentage used up of the PPE at April 30, 2019, is [to be calculated].
a. PPE turnover is calculated by dividing the sales by the average property, plant, and equipment (PPE). For the fiscal year ended April 30, 2019, the sales were $7,916.4 million, and the average PPE was ($1,975.2 million + $1,788.5 million) / 2 = $1,881.85 million. Therefore, the PPE turnover is $7,916.4 million / $1,881.85 million ≈ 4.21.
b. The average useful life of depreciable assets can be obtained by dividing the gross property, plant, and equipment by the annual depreciation expense. At April 30, 2019, the gross PPE was $3,611.1 million, and the annual depreciation expense was $208.1 million. Therefore, the average useful life is $3,611.1 million / $208.1 million ≈ [to be calculated].
c. The percentage used up of the PPE is calculated by dividing the accumulated depreciation by the gross property, plant, and equipment. At April 30, 2019, the accumulated depreciation was $1,635.9 million, and the gross PPE was $3,611.1 million. Therefore, the percentage used up is $1,635.9 million / $3,611.1 million ≈ [to be calculated].
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equity investors are more concerned with solvency than profitability.
It is not accurate to say that equity investors are more concerned with solvency than profitability. In reality, equity investors typically consider both solvency and profitability when evaluating an investment opportunity.
Profitability refers to a company's ability to generate profits and positive financial results. Equity investors are indeed interested in the profitability of a company because it directly affects the potential return on their investment. Profitable companies are generally seen as more attractive investments since they have the potential to provide higher returns through dividends and capital appreciation.
On the other hand, solvency refers to a company's ability to meet its long-term financial obligations. It is a measure of a company's financial stability and its capacity to repay debts. Equity investors also consider solvency as it indicates the financial health and sustainability of a company. A company with high solvency is more likely to withstand economic downturns and be better positioned to generate returns for its shareholders.
Overall, both profitability and solvency are important factors that equity investors assess when making investment decisions. They seek a balance between these factors to ensure the long-term viability and profitability of their investments.
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What does an invasion biologist study?
help me
Answer:
Invasion biology deals with invasive species. If an “invasive” species is defined as a species that spreads to the detriment of economic interests and public health, however, invasion biology could not be easily distinguished from pest management and public health sciences.
Explanation:
Which term is used to describe the companies that have low customer contact and are capital intensive, yet they provide a service
The term that is used to describe companies that have low customer contact and are capital intensive, yet they provide a service is "service factory."
A service factory is a type of service organization that has low customer contact and is capital intensive, yet it provides a service. This type of service factory can be found in industries such as utilities and telecommunications. The company's operations are usually mechanized, and its service delivery is standardized.
For example, a power plant could be considered a service factory because it provides electricity to its customers. The customer has very little interaction with the power plant but relies on its service to operate their homes or businesses.
The primary goal of a service factory is to maximize efficiency and minimize costs. These companies typically use technology and automation to streamline their operations. They are often highly regulated and have large capital investments, which can make it difficult for new entrants to enter the market. Overall, service factories are an important part of the economy because they provide essential services to customers.
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Select the correct answer.
Ahmed has been running a laundry service in his neighborhood for the past eight years. He picks up soiled clothes and delivers washed and ironed clothes at the customers’ doorsteps. A transporter who offers to pick and deliver customer clothes at a cheaper rate than his current transporter approaches him for a business deal. What do you think Ahmed should do in such a case?
A.
immediately discontinue services of the current transport person
B.
continue the services of the current transport person forever
C.
delay the payments of the current transport person so that he willingly discontinues his services
D.
wait until the contract with the current transport person ends before using the new transport person
Answer:
D) wait until the contract has ended
Which of the following is not a basic right of ownership include in " bundle of rights"?
As per dean Leffingwell, the creator of SAFe, Business Agility involves:
A. the entire organization
B. only the systems development part of the organization
c. only the operational part of the organization
d. only the business part of the organization
As per dean Leffingwell, the creator of SAFe, Business Agility involves the entire organization. Business Agility is defined as the ability of an organization to respond effectively to changes in the market and to adapt rapidly to evolving customer needs.
For organizations to be successful in today’s fast-paced and ever-changing business environment, they must be agile. Business agility is essential for organizations to thrive in today’s dynamic market, and it is not just limited to the systems development part of the organization or the operational part of the organization.
It encompasses the entire organization, from the business part to the systems development part to the operational part. Business agility enables organizations to rapidly respond to changes in the market, customer needs, and technological advances, thereby helping them to remain competitive.
It enables organizations to be innovative, experiment with new ideas, and quickly bring new products and services to market. Business agility involves a culture of innovation and continuous improvement, where all members of the organization are encouraged to come up with new ideas and solutions to problems.
It involves agile methodologies, such as Scrum and Kanban, and frameworks like SAFe. In short, business agility involves the entire organization and is a key driver of success in today’s fast-paced and ever-changing business environment.
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PROBLEM 1–22 Cost Terminology; Contribution Format Income Statement LO1–2, LO1–4, LO1–6 Miller Company’s total sales are $120,000. The company’s direct labor cost is $15,000, which represents 30% of its total conversion cost and 40% of its total prime cost. Its total selling and administrative expense is $18,000 and its only variable selling and administrative expense is a sales commission of 5% of sales. The company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. Required: 1. What is the total manufacturing overhead cost? 2. What is the total direct materials cost? 3. What is the total manufacturing cost? 4. What is the total variable selling and administrative cost? 5. What is the total variable cost? 6. What is the total fixed cost? 7. What is the total contribution margin?
Answer and Explanation:
a. The computation of the total manufacturing overhead cost is
= Conversion cost - direct labor cost
= ($15,000 ÷ 0.30) - $15,000
= $50,000 - $15,000
= $35,000
b. The compuattion of the direct material cost is
= Conversion cost - direct labor cost
= ($15,000 ÷ 0.40) - $15,000
= $37,500 - $15,000
= $22,500
c. The total manufacturing cost is
= direct material cost + direct labor cost + manufacturing overhead cost
= $22,500 + $15,000 + $35,000
= $72,500
d. The total variable selling and administrative cost is
= Sales × commission percentage
= $120,000 × 5%
= $6,000
e. The total variable cost is
= direct material cost + direct labor cost + variable selling and administrative cost
= $22,500 + $15,000 + $6,000
= $43,500
f. The fixed cost is
= Manufacturing overhead + fixed selling and admin expenses
= $35,000 + ($18,000 - $6,000)
= $47,000
g. The total contribution margin is
= Sales - variable expenses
= $120,000 - $43,500
= $76,500
We simply applied the above formulas
compare everything to cell to a house
1.5. Elaborate on the meaning of induction and explain its purpose.
Induction in business can be defined as the process of acquainting new employees with your business in a workplace.
It has to do with helping this new employees to settle in and as well enlightening/orientating them with information they need/require necessary for them to become valuable team members to achieve set goals.
Induction generally help employees to acclamatise and as well adjust to their jobs and working environment as well.
FUNCTIONS
- To help the employees learn the policies the guide the business or organization.
- To help the employees learn the practices the business or organization is concerned with.
- Induction help employees to quickly learn the practices of a business or Organization.
- It also enlightens the employees on the ethics and ettiquettes guilding the business or organization.
- To make the employees uñderstand the systems and procedures that are followed by the business or organization.
- It also help new employees to settle down rapidly as well as gives them a sense of belonging.
Three types of Induction exists which are; General Induction Programme, Specific Orientation Programme and Follow-up Induction Programme.
Luxguard Home Paint Company produces exterior latex paint, which it sells in one-gallon containers. The company has two processing departments-Base Fab and Finishing. White paint, which is used as a base for all the company's paints, is mixed from raw ingredients in the Base Fab Department. Pigments are then added to the basic white paint, the pigmented paint is squirted under pressure into one-gallon containers, and the containers are labeled and packed for shipping in the Finishing Department. Information relating to the company's operations for April follows:
a. Issued raw materials for use in production: Base Fab Department, $851,000; and Finishing Department,$629,000.
b. Incurred direct labor costs: Base Fab Department, $330,000; and Finishing Department,$ 270,000.
c. Applied manufacturing overhead cost: Base Fab Department, $665,000; and Finishing Department, $405,000.
d. Transferred basic white paint from the Base Fab Department to the Finishing Department, $1,850,000.
e. Transferred paint that had been prepared for shipping from the Finishing Department to Finished Goods, $3,200,000.
Prepare a cost reconciliation report for April.
The cost of ending work in process inventories and of units transferred out of the Base Fab Department in April is $851,00 and $999,000and $1850,000
The calculation of this question and working of solutions is in tabular form which is attached to this answer.
What is Cost?
The cost is of two types - Variable and Fixed . Variable costs exchange based on the amount of output produced. Variable costs may include labor, commissions, and raw materials. constant costs continue to be the same no matter production output. fixed charges may additionally include hire and rental bills, coverage, and interest payments.
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Golden Eagle Company has the following balances at the end of November:
November 30
Debit Credit
Supplies $1,650 Prepaid Insurance 6,600 Salaries Payable $10,300
Deferred Revenue 0
The following information is known for the month of December:
Purchases of supplies for cash during December were $3,800. Supplies on hand at the end of December equal $3,150.
No insurance payments are made in December. Insurance expired in December is $1,650.
November salaries payable of $10,300 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,300.
On December 1, Golden Eagle received $3,450 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided. For each item, (a) record any transaction during the month of December, and (b) prepare the related December 31 year-end adjusting entry. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. )
A. Purchases of supplies for cash during December were $3,800. Supplies on hand at the end of December equal $3,150. Record the entry made during the month of December.
B. Purchases of supplies for cash during December were $3,800. Supplies on hand at the end of December equal $3,150. Record the adjusting entry on December 31.
C. No insurance payments are made in December. Insurance expired in December is $1,650. Record the entry made during the month of December.
D. No insurance payments are made in December. Insurance expired in December is $1,650. Record the adjusting entry on December 31.
E. November salaries payable of $10,300 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,300. Record the entry made during the month of December.
F. November salaries payable of $10,300 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,300. Record the adjusting entry on December 31.
G. On December 1, Golden Eagle received $3,450 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided. Record the entry made during the month of December.
H. On December 1, Golden Eagle received $3,450 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided. Record the adjusting entry on December 31
A. debit: supplies $3,800 Credit: Cash $3,800. Golden Eagle Company has the following balances at the end of November.
What is Golden Eagle ?A golden eagle is a large bird of prey found in North America, Europe, and parts of Asia. The golden eagle has a wingspan of up to 7 feet and can weigh up to 15 pounds. It is distinguished from other eagles by its golden-brown plumage and white tail feathers. Golden eagles are apex predators, meaning they are at the top of the food chain, and their diet consists mainly of small mammals and birds. Golden eagles use a combination of speed, agility, and sharp talons to capture their prey.
B. Debit: Supplies $650 Credit: Supplies Expense $650
C. No Journal Entry Required
D. Debit: Prepaid Insurance $1,650 Credit: Insurance Expense $1,650
E. Debit: Salaries Expense $10,300 Credit: Cash $10,300
F. Debit: Salaries Payable $15,300 Credit: Salaries Expense $15,300
G. Debit: Cash $3,450 Credit: Deferred Revenue $3,450
H. Debit: Deferred Revenue $2,900 Credit: Revenue $2,900
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What factor reflects the ‘cost of money’? The ‘cost of money’ is reflected in the
______ is when there are circumstances in which the best competitive reaction is no reaction at all. Multiple Choice :a. Collusion b. Fast track c. Forbearance d. Co-opetition
The answer is c. Forbearance. Forbearance refers to a situation in which a firm chooses not to react to a competitor's actions, even though it has the ability to do so.
This may occur when the cost of a competitive reaction is higher than the potential benefits, or when the firm believes that retaliation could lead to a damaging price war or other negative outcomes.
In some cases, forbearance may be used as a strategic tool to signal to competitors that the firm is not interested in engaging in a costly and potentially harmful competitive battle.
Collusion refers to an agreement between firms to coordinate their behavior in a way that reduces competition, often by agreeing to fix prices or divide up markets.The fast track refers to a process that allows a project or proposal to be approved or implemented quickly, often by bypassing some of the usual bureaucratic procedures.Co-opetition refers to a situation in which firms collaborate with each other in some areas while competing in others, often with the goal of creating mutually beneficial outcomes.
The answer is c. Forbearance.
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Do you think every working American needs a 401(k) account or an IRA? Why or why not?
No links
Need ASAP
Answer:
Both 401(k) accounts and IRAs are retirement savings accounts that allow individuals to save for retirement on a tax-advantaged basis. Contributions to these accounts are tax-deductible, and the earnings on the investments grow tax-free until they are withdrawn during retirement.
There are some benefits to having a 401(k) account or an IRA. They allow individuals to save for retirement in a tax-efficient way, and can provide a significant source of income during retirement. In addition, many employers offer matching contributions to 401(k) accounts, which can be a valuable incentive to participate.
However, there are also some drawbacks to these types of accounts. For example, they are subject to market fluctuations and the investment risk is borne by the individual. In addition, there are limits on how much can be contributed each year, which may not be enough to provide for a comfortable retirement.
Whether or not every working American needs a 401(k) account or an IRA depends on individual circumstances. For some people, these accounts may be a valuable tool for saving for retirement. For others, different types of retirement savings accounts or strategies may be more appropriate. Ultimately, it is up to each individual to determine the best approach for their own retirement planning.
Explain how you would handle an issue with social media in your company?
Answer:
I will handle it no matter what
Explanation:
I think the way I handle it will be different from others like First I need to see what the issue is like then I will handle it legally if it want a lawyer I have to get one if the issue want legal process I will done by the law of the country
Marilyn has a biweekly gross pay of $810 and claims 3 federal withholding allowances. Marilyn has all of the following deductions from her gross pay:
federal tax from the following table
A 9-column table with 7 rows is shown. Column 1 is labeled If the wages are at least with entries 720, 740, 760, 780, 800, 820, 840. Column 2 is labeled But less than with entries 740, 760, 780, 800, 820, 840, 860. Column 3 is labeled And the number of withholding allowances is 0, the amount of income tax withheld is, with entries 80, 83, 86, 89, 92, 95, 98. Column 4 is labeled And the number of withholding allowances is 1, the amount of income tax withheld is, with entries 62, 65, 68, 71, 74, 77, 80. Column 5 is labeled And the number of withholding allowances is 2, the amount of income tax withheld is, with entries 44, 47, 50, 53, 56, 59, 62. Column 6 is labeled And the number of withholding allowances is 3, the amount of income tax withheld is, with entries 26, 28, 31, 34, 37, 40, 43. Column 7 is labeled And the number of withholding allowances is 4, the amount of income tax withheld is, with entries 14, 16, 18, 20, 22, 24, 26. Column 8 is labeled And the number of withholding allowances is 5, the amount of income tax withheld is, with entries 1, 3, 5, 7, 9, 11, 13. Column 9 is labeled And the number of withholding allowances is 6, the amount of income tax withheld is, with entries 0, 0, 0, 0, 0, 0, 1.
Social Security tax that is 6.2% of her gross pay
Medicare tax that is 1.45% of her gross pay
state tax that is 21% of her federal tax
Determine how Marilyn’s net pay will be affected if she increases her federal withholding allowances from 3 to 4.
a.
Her net pay will increase by $15.00.
b.
Her net pay will decrease by $15.00.
c.
Her net pay will increase by $18.15.
d.
Her net pay will decrease by $18.15.
Answer:
c
Explanation:
Answer:
Her net pay will increase by $18.15
Four ways in which schools could promote entrepreneurship as a viable option to counteract unemployment
Answer:
Entrepreneurship is an important alternative to counteract unemployment. It not only gives provides employment to the entrepreneur but also provides jobs to others as well.
Explanation:
Entrepreneurship may be defined as the setting up of a business or a work looking out for making profit dealing with the risks and the challenges on its own.
Four ways in which the school can promote entrepreneurship as a viable option to counteract unemployment are :
build awareness and promote entrepreneurship among the students.Provide the benefits of being an entrepreneur and showing them the possibilities of setting up a business that can even provide jobs to others.Providing with valuable ideas and guidance regarding setting up a business and giving an overview of the current market trends and market study.Helping the students reach out to other entrepreneurs and also providing ways to get any financial aid to set up a business.Four Ways through which Schools can promote Entrepreneurship include the following
Creation of entrepreneurship centres to provide consulting to non-profits and small businesses.Awareness creation through seminars and lectures on the importance of entrepreneurship as an alternative to paid employment. Host entrepreneurship contests where incentives are given.Inviting influential and professional entrepreneurs to give lectures.What is Entrepreneurship ?Entrepreneurship is defined as the process of starting up a business, and taking up the responsibility of financial risk with the hope of making profit.
Entrepreneurship is a potent means of reducing unemployment to the lowest minimum.
Entrepreneurship brings about creativity and as such value is created which leads to more wealth.
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to be successful, strategic planning requires a company to have a ______ orientation.
To be successful, strategic planning requires a company to have a long-term orientation.
What is strategic planning?Strategic planning can be defined as the way of making use of techniques that will enables a company to achieve their future goals and objective.
On the hand long-term orientation can be defined as the future goals they a company or an organization has the plan to achieve.
Therefore the statement that filled the gap is long term.
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deals with the challenges that a company
faces in the ever-changing business
environment
Answer:
Strategy.
Explanation:
Strategy can be defined as a coordinated deployment of a firm’s resources to achieve competitive advantage in the industry where it operates. Basically, it is a long-term plan of action that is focused on using a firm's available resources to achieve set objectives and goals such as includes dominating the market, expanding the business, meeting customer's demands etc.
Generally, the top executive management is saddled with the responsibility of ensuring that their business strategy is in tandem with the aim, objectives, vision and mission statement. A good business strategy is a continuous process that should function as a roadmap or guide to achieve competitive advantage, sustained profitability, growth and development of an organization.
Hence, strategy deals with the challenges that a company faces in the ever-changing business environment.
Additionally, the strategy formulated by an organization can be classified into the following categories; growth strategy, marketing strategy, product strategy etc.
if a sales-person is working on commission and they have a very unappealing product to sell, but the commission rate is quite high, what does expectancy theory say about their likely level of motivation?
Expectancy theory predicts that a salesperson working on commission with a very unappealing product to sell but a high commission rate will likely be motivated to perform well in order to receive something they value.
What exactly is expectancy theory?Expectancy theory is a thought process that emphasizes personal preference and the selection process. An outline of the process that people go through when making decisions is given by expectancy theory. These options could include decisions for daily living, academic pursuits, or recreational activities.
These people base their decisions on expectations of how those decisions will turn out. We frequently make clothing choices based on what will make us feel comfortable and ready for the day's events. We must put on a rain jacket on a wet day. We frequently require a full breakfast when we have a busy day ahead.
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Which of the following is a downfall of working daily in production work?
A. It is monotonous.
B. It does not pay well.
C. It requires extensive schooling.
Answer:
A
Explanation:
please give me a brainlyest
Explanation:
it is monotonous answer a
Reading from left to right, which group lists investments increasing in risk level? stock, cd, mutual fund mutual fund, cd, stock mutual fund, stock, cd cd, mutual fund, stock
The group that lists investments increasing in risk level from left to right is mutual fund, stock, cd.
When considering investments in terms of risk level, it is generally accepted that mutual funds have a higher risk level compared to stocks, and stocks have a higher risk level compared to certificates of deposit (CDs).
Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, and other securities. The risk level of mutual funds can vary depending on the type of funds, such as equity funds (investing in stocks) or bond funds (investing in bonds). Since mutual funds invest in a variety of assets, they are generally considered to have a higher risk level than individual stocks.
Stocks represent ownership in a company and can be bought and sold on the stock market. The risk level of stocks can vary depending on the company and industry they belong to. Stocks are generally considered to have a higher risk level than CDs because their value can fluctuate significantly based on market conditions and company performance.
CDs are fixed-term deposits offered by banks or other financial institutions. They provide a fixed interest rate over a specified period of time. CDs are considered to have a lower risk level compared to mutual funds and stocks because they offer a guaranteed return of the principal investment plus interest.
Therefore, when reading from left to right, the group that lists investments increasing in risk level is mutual fund, stock, cd.
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the fund available to the texas legislature for general appropriations purposes is called the
The fund available to the Texas Legislature for general appropriations purposes is called the "General Revenue Fund".
The General Revenue Fund is the primary source of funding for the state budget in Texas, and it is used to support a wide range of programs and services, including education, healthcare, public safety, and infrastructure.
The amount of money available in the General Revenue Fund is determined by the state's economy and tax revenue. The Texas Legislature meets every two years to pass a state budget, and the budget includes appropriations from the General Revenue Fund for various programs and services.
The Legislature also has the authority to transfer money between different accounts within the General Revenue Fund as needed to support the state's priorities.
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A questionnaire on the negative impact of the coronavirus as one of the socio economic issues of the business
Answer:
From my understanding,I don't think so
Explanation:
because of the coronavirus from where I'm living those that are selling face mask and hand sanitizer are benefiting more from it than others
the institute for higher education policy found that every dollar spent on education results in $3 in economic benefits.
The Institute for Higher Education Policy found that every dollar spent on education results in $3 in economic benefits. This means that investing in higher education leads to significant returns for individuals and society as a whole.
The economic benefits can include increased earnings, higher tax revenue, and improved workforce productivity. By understanding this relationship between education spending and economic growth, policymakers can make informed decisions about higher education policies to maximize the positive impact on the economy.
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the sugar used mostly for dusting the tops of dessert
Answer:
Powdered Sugar
Explanation:
Cornstarch is added at around 3%, to prevent clumping because sugar is very hygroscopic. It's ideal for dusting, icing, frosting and other decorating as it easily dissolves in liquid to create a thick, spreadable substance.
if your auto loan is amortized over 5 years you will pay
If your auto loan is amortized over 5 years, you will make payments on the loan over a period of 60 months.
If your auto loan is amortized over 5 years, you will make payments on the loan over a period of 60 months. Each payment will be applied to both the principal amount of the loan and the interest that has accrued on the outstanding balance. The amount you will pay over the life of the loan will depend on the interest rate, the amount borrowed, the term of the loan, and any fees associated with the loan.
To calculate the total amount you will pay over the life of the loan, you can use an online loan calculator or a spreadsheet program like Microsoft Excel. You can input the loan amount, the interest rate, and the loan term (in this case, 5 years or 60 months) to get an estimate of your monthly payment and the total amount you will pay over the life of the loan.
For example, if you borrow $20,000 at a fixed interest rate of 4% over a 5-year term, your monthly payment would be approximately $368. The total amount you would pay over the life of the loan would be approximately $22,100. However, keep in mind that this is just an estimate, and the actual amount you will pay could vary based on factors such as the timing of your payments and any fees associated with the loan.
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