The statement "the most common action to improve the fiscal condition of a city is to raise federal taxes" is false. Raising federal taxes is not the most common action to improve the fiscal condition of a city.
In fact, federal taxes are typically levied by the national government, not by individual cities or municipalities. When a city or municipality faces fiscal challenges, there are several actions that can be taken to improve its fiscal condition.
Some of the most common actions include:
Increasing local taxes: This may include property taxes, sales taxes, or other forms of local taxes that can generate revenue for the city or municipality.
Cutting expenses: This may involve reducing government services, eliminating jobs, or implementing other cost-cutting measures to reduce the city's expenditures.
Attracting new businesses: This may involve providing incentives for businesses to relocate to the city or municipality, which can generate new jobs and revenue.
Selling assets: This may involve selling city-owned assets, such as property or buildings, to generate revenue.
Overall, there are a variety of actions that a city or municipality can take to improve its fiscal condition, and raising federal taxes is not typically one of them.
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the net working capital of a firm will decrease if there is: multiple choice a decrease in accounts payable. an increase in inventory. a decrease in accounts receivable. an increase in the checking account balance. a decrease in fixed assets.
The net working capital of a firm will decrease if there is: a decrease in accounts payable. Net working capital is calculated as current assets minus current liabilities. If accounts payable (a current liability) decreases, the difference between current assets and current liabilities will become smaller, leading to a decrease in net working capital.
The correct answer is an increase in inventory. Net working capital is calculated by subtracting current liabilities from current assets, and inventory is considered a current asset. Therefore, an increase in inventory will decrease net working capital. A decrease in accounts payable, a decrease in accounts receivable, an increase in the checking account balance, or a decrease in fixed assets would not necessarily have a direct impact on net working capital.
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HURRRYYY!!!
Mandated deductions are NOT influenced by which of the following?
Marital status
Income level
Exemptions
Age
Answer:Age
Explanation:
Mandated deductions are NOT influenced by age factor as its qualification.
What are Mandated deductions?The mandated tax deduction is a certain amount of money that employers is required to hold back from employees' gross income as per law rules. Social Security and Medicare taxes are the most common example of mandated deductions.
Therefore, single and marital status along with income level is considered for deduction purposes.
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Which of the following is NOT an animal rights group?
O People for the Ethical Treatment of Animals (PETA)
O Local animal rights group
O Mercy for Animals
O National Animal Interest Alliance
Answer:
National Animal Interest Alliance
Explanation:
The National Animal Interest Alliance; (NAIA) is a group or an association of different professionals dedicated to promoting animal welfare. It is a lobby group that seeks to strengthen the human-animal bond and to safeguard the rights of responsible animal owners.
PETA) is People for the Ethical Treatment of Animals ( is an international not-for-profit organization supporting animal rights. It is dedicated to ending the abusive treatment of animals.
Mercy for Animals endeavors to build a society in which all animals are treated with respect and compassion. It aims at ending cruelty to farmed animals and promoting compassionate animal feeding policies.
Answer:
pp
Explanation:
An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Sheffield Company. Assume all raw materials are direct materials. SHEFFIELD COMPANY Cost of Goods Manufactured Schedule Work in process (1/1) $235,200 Direct materials Raw materials inventory (1/1) Add: Raw materials purchases 177,600 Total raw materials available for use Less: Raw materials inventory (12/31) 26,000 Direct materials used Direct labor Manufacturing overhead $201,600 !!! www Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 20,800 40,000 76,800 137,600 90,400 $604,800
The cost of goods manufactured for Sheffield Company is $534,400. The calculation steps involve adding the direct materials used to the total manufacturing overhead and direct labor costs.
The cost of goods manufactured for Sheffield Company is $534,400. To determine the cost of goods manufactured, direct materials used are added to the total manufacturing overhead and direct labor costs. The work in process for Sheffield Company at the beginning of the period was $235,200.The direct materials used by Sheffield Company are calculated by subtracting the raw materials inventory at the end of the period ($26,000) from the total raw materials available for use ($177,600 + $39,200 = $216,800). The direct materials used by Sheffield Company are, therefore, $190,800. Additionally, the manufacturing overheads including indirect labor, factory depreciation, and factory utilities totaled $90,400. The direct labor cost amounted to $201,600.
Thus, the total manufacturing costs incurred by Sheffield Company are $190,800 + $201,600 + $90,400 = $482,800. The cost of work in process is determined by adding the manufacturing costs to the beginning work in process, giving a total of $235,200 + $482,800 = $718,000. The cost of goods manufactured is calculated by subtracting the work-in-process inventory at the end of the period ($183,600) from the total cost of work-in-process, giving $534,400.
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List three types of market structure
Answer:
perfect competition, imperfect competition, oligopoly, and monopoly. Perfect competition describes a market structure, where a large number of small firms compete against each other with homogenous products.
a(n) blank management crm system maintains customer contact information and identifies prospective customers for future sales, using tools such as organizational charts, detailed customer notes, and supplemental sales information.
A Customer Relationship Management (CRM) system maintains customer contact information and identifies prospective customers for future sales, using tools such as organizational charts, detailed customer notes, and supplemental sales information.
Relationships are intricate connections between individuals based on love, trust, and mutual understanding. They require effort, communication, and compromise to thrive. In a healthy relationship, partners support each other's growth and well-being. They share laughter, tears, and life's milestones, creating beautiful memories together. Respect, honesty, and empathy form the foundation of a strong bond. Trust is built through transparency and integrity. Communication is key, fostering understanding and resolving conflicts. Relationships flourish when both partners prioritize each other's happiness and needs. They provide companionship, emotional support, and a sense of belonging. In the end, relationships bring joy, fulfillment, and the warmth of deep connection.
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what term describes a company's need to obey local, state, federal, and relevant international laws?
Corporate social responsibility is the responsibility a firm has to society. Corporate social responsibility obligations include abiding by all applicable national, state, local, and international laws. the field of study that focuses on what is ethically correct and wrong as well as good and bad.
How a person decides between right and wrong is a topic of ethics laws. Ethics takes into account a person's decision-making process. An individual or group's set of views and principles about what constitutes right and wrong in human responsibility is known as their ethics. These fundamental principles frequently interact with one another and with other value systems, religious beliefs, and legal systems.
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Why did so many non-european countries fail to industrialize to thesame extent as Britain, Belgium, Germany, and the United States?
How did Otto von Bismarck end up winning over his critics and unify Germany?
What probelms did Italian unification solve?
Describe 19th century European nationalism? Who were these nationalists and what were their ultimate aims?
Many non-European countries failed to industrialize to the same extent as Britain, Belgium, Germany, and the United States due to a variety of factors. Some of these factors include lack of resources, lack of infrastructure, colonization and exploitation by European powers, and political instability.
Many of these countries also lacked the same level of education and technological advancements as the industrialized nations, making it difficult to compete in the global market.Otto von Bismarck was able to win over his critics and unify Germany by implementing various policies and strategies. One such strategy was his "Realpolitik" approach, which focused on achieving political goals through practical means rather than ideology or morals.
He also formed alliances with other European powers and used military force when necessary to achieve his goals.Italian unification solved several problems, including the fragmentation of Italy into various city-states and regions, as well as political and social instability. The unification also led to the creation of a more centralized government and the establishment of a unified Italian identity.
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a city has an assessed valuation of $\$8000000.$ the rate for school taxes is $60$ cents per $\$100$ valuation. if all but $4\%$ of the school taxes were collected, how many dollars were still owed?
The rate for school taxes is $60$ cents per $\$100$ valuation. if all but $4\%$ of the school taxes were collected, $ 1920 dollars were still owed.
The Ohio school district income tax brings in money to help the districts that impose the tax. All federal, state, local, and property taxes are not included in this school tax; they are independent and additional.
All British Columbians, including those who don't have children in school, benefit from the education system. You pay school tax to help cover the expense of educating children in British Columbia. The analytical process of calculating the current (or predicted) value of an asset or a business is called valuation. A valuation can be done using a variety of methods. When determining a firm's value, an analyst considers a variety of factors, including the management of the company, the makeup of its capital structure, the likelihood of future earnings, and the market value of its assets.
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alvarez company's break-even point in units is 1,000. the sales price per unit is $10 and variable cost per unit is $7. if the company sells 2,500 units, what will income be?
Alvarez Company's break-even point in units is 1,000. The sales fee per unit is $10 and the variable price per unit is $7.
How do you calculate the variable cost per unit in a breakeven chart?Break-Even Price
Variable Costs Percent per Unit = Total Variable Costs / (Total Variable + Total Fixed Costs)
Total Fixed Costs Per Unit = Total Fixed Costs / Total Number of Units.
Break-Even Price = 1 / ((1 - Total Variable Costs Percent per Unit)*(Total Fixed Costs per Unit))
Break-Even Sales Formula = FC / (ASP-AVC)
FC is the Fixed Cost. ASP is the Average Selling Price per unit. AVC is the Average Variable Cost per unit.
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https://brainly.com/question/15281855#SPJ1explain how operations strategy can help a business sustain its competitive advantage.
please answer this question in an essay.
Answer:
Operations can help a business sustain their competitive advantage by reducing its cost without considering the way they are reduced.
Explanation:
First of all, to create a business competitive advantage the business has to be more profitable than its competition. In other words, they need to make money in a more effective way than its competitors. This means that they have more margin of profit, instead of selling more. Now, in operations, this works the same. However, the reasons might come from different sources. Whether by having technology more advanced than its competitors. By having more productive processes, or by using materials bought at cheaper prices.
Conor broke his wrist while playing basketball in the backyard. He ended up in the hospital. After an X-ray, MRI, doctor visit and a cast, he receives a hospital bill for $10,000. According to his health insurance policy, he has $2,000 deductible (which he did not pay this year at all) and a 20% co-pay. How much Conor will have to pay for the hospital?
Answer:
$6,000
Explanation:
A deductible is the amount Conor has to pay before his medical bills and prescriptions start getting coverage from his insurance.
Step 1: 10,000 - 2,000 = 8,000
A co-pay is a fixed amount the insured has to pay for certain medical services.
Step 2: 20% of 8,000 or 0.20 times 8,000 = 1,600
Step 3: add $2,000 (the deductible you have to pay) and $1,600 (the co-pay)
Total amount that Conor will have to pay for the hospital: $3,600
Bank Teller:
You have worked as a bank teller for several months when one of the other tellers
who has become a good friend tells you that her daughter is extremely ill and that
se must have an operation to survive. She also tells you that she has no insurance
and the operation will cost $10,000. Sometime later you ask her about her
daughter and she tells you she is just fine now. She then confides in you that she
took $10,000.00 from a dormant account at the bank to pay for the operation
She assures you that she has already started paying it back and will continue to do
so until it is all returned.
What do you do?
1. Clearly state the problem/dilemma in this case
2. Identify the stakeholders in this case
3. Develop 3 different alternatives, and evaluate each with pros and cons
4. Recommend which alternative you would choose and why.
Rather than taking $10,000.00 from a dormant account to carry out the operation, she could have solicited funds elsewhere.
1. This is an ethical problem. In this case, the bank teller is wrong for taking $10,000.00 from the dormant account to carry out the operation. This is wrong and she could be sent to jail because this is fraudulent.
2. The stakeholders, in this case, are the bank, and the owner of the account.
3. The alternatives that the bank teller could have done include:
Borrowing from friendsTaking a loan.Soliciting for help online or from non-profit organizations.4. I'll choose "Soliciting for help online or from non-profit organizations" since it'll be free and I won't have to pay the loan back.
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Which of the following actions should the firm take in order to achieve the least-cost combination of labor and capital and produce the same level of output?
Labor Capital
A) Increase Increase
B) Increase Decrease
C) Decrease Increase
D) Decrease Decrease
E) No change No change
The least cost combination of labor and capital to produce the same level of output is to decrease labor and increase capital.
Here correct option is B)
This is because increasing capital usually allows for more output to be produced with fewer labor inputs, resulting in a decrease in labor costs and an increase in capital costs. This equation is also known as the substitution effect, where capital can substitute for labor in the production process.
In addition, capital is usually more expensive than labor and thus, if capital is used to produce the same output, it will cost more than labor. Therefore, decreasing labor and increasing capital will result in the least cost combination of labor and capital to produce the same level of output.
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The amount of energy needed to change a material from a liquid to a gas is the heat of.
The heat of condensation is the quantity of energy required to convert a substance from a liquid to a gas. Here option D is the correct answer.
This process is endothermic, meaning it requires the absorption of heat from the surroundings to occur. During the process of vaporization, the intermolecular forces between the molecules of the liquid are overcome by the addition of energy, causing the molecules to gain enough kinetic energy to break free and form a gas.
The energy required for vaporization is directly proportional to the strength of these intermolecular forces, which are determined by the chemical composition of the substance.
The heat of vaporization plays a crucial role in many everyday applications, such as cooking, boiling water, and distillation processes. The energy required for vaporization is also responsible for regulating the temperature of our bodies through the process of evaporation, which is the primary method by which we dissipate heat when we sweat.
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Complete question:
The amount of energy needed to change a material from a liquid to a gas is the heat of.
A) melting
B) fusion
C) vaporization
D) condensation
What vision do you have for your own future?
A short summary of imagination positive future and pls include doctors cuz when I grow up I wanna be a doctor
No one can write down a vision for your future, its your vision and future.
A stock is expected to pay a dividend of $0.50 at the end of the year (i.e., D₁ = $0.50), and it should continue to grow at a constant rate of 6% a year. If its required return is 14%, what is the stock's expected price 4 years from today? Do hot round intermediate calculations. Round your answer to the nearest cent. S
To calculate the expected price of the stock 4 years from today, we can use the Gordon Growth Model. The expected price of the stock 4 years from today is approximately $7.91.
The formula is as follows:
Expected Price = D₁ * (1 + g)^(n) / (r - g)
Where:
D₁ = Dividend expected to be paid at the end of the year
g = Dividend growth rate
n = Number of years in the future
r = Required return rate
Given the information provided:
D₁ = $0.50
g = 6% = 0.06
n = 4 years
r = 14% = 0.14
Substituting the values into the formula, we get:
Expected Price = 0.50 * (1 + 0.06)^(4) / (0.14 - 0.06)
Expected Price = 0.50 * (1.06)^(4) / 0.08
Calculating the intermediate value of (1.06)^(4), we get:
(1.06)^(4) ≈ 1.26248
Substituting the value back into the formula, we have:
Expected Price = 0.50 * 1.26248 / 0.08
Expected Price ≈ $7.91
Therefore, the expected price of the stock 4 years from today is approximately $7.91.
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What are the two methods of revenue recognition?
Sales-basis accounting: Revenue is recorded at the point of sale, which is the time when ownership of the goods or services passes to the customer. Finished-contract approach: Only when the contract has concluded are revenues and costs documented.
What are the procedures for recognizing revenue?sales-based approach. You can recognize income using the sales-basis technique as soon as a sale is made.
Finished-Contract approach.
installment strategy
Recoverability of costs approach.
technique of completion percentage.
What are the two requirements for recognizing revenue?In this case, revenue is recognized when all four of the standard revenue recognition requirements are satisfied: (1) that the price can be set; (2) that collection is probable; (3) that there is convincing evidence of an arrangement; and (4) that delivery has taken place.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
what's the language spoken in Egypt?
Answer:
Modern Standard Arabic
Explanation:
Answer:
Arabic thats the language of egypt because most them are Islamic
dos, a leader in the computer industry, implemented a new strategic action to offer a video streaming service to consumers. the move has proven to be successful. how are competitors likely to respond?
The competitors are likely to imitate actions quickly. It is the result of strategic action taken by the leader of the industry.
What is strategic action?An action plan in project management is a document that outlines the activities to take to accomplish the project's goals and objectives. An action plan outlines the tools you'll need to achieve those objectives, creates a timeline for the tasks or action items, and identifies the team members you'll need to get the job done.
An action plan documents the execution of the project plan. That is, it’s a detailed list of the work that must be done to complete the project goals, including the action steps that are involved in getting from the start of the project to the finish. An action plan is similar to a project implementation plan and it’s very helpful during the project planning and project execution phases.
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what are the ways of receiving employment related information?
Answer:
just do well on software and follow me for updates
The government decides to impose a per-unit tax on the bottle industry to help cover revenue shortfalls in the annual budget.
Use the graph below to answer the questions.
------------------------------------------------------------------------------
The per-unit tax has generated total tax revenue of:
Multiple Choice
-$1 million
-$2 million
-$5 million
-$10 million
-$12 million
------------------------------------------------------------------------------------------
The deadweight loss created by the per-unit tax is equal to the area
Multiple Choice
-AKB
-KBC
-ACM
-ABL
-ABC
The per-unit tax has generated total tax revenue of D. $10 million.
The deadweight loss created by the per-unit tax is equal to the area D. ABL.
What is the tax generated ?The tax generated is:
= 5 x 2 burden on producers and consumers
= $ 10 million
What is Deadweight loss?Deadweight loss refers to the loss of economic efficiency that occurs when the equilibrium of a market is not Pareto optimal.
The deadweight loss is the area of ABL, This is because Deadweight loss can be calculated as the area between the supply and demand curves from the socially efficient level of production to the new equilibrium.
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A fad shifts the demand curve for a toy to the right. When the fad ends, the demand curve will shift back to the left. How are these shifts likely to affect the toy manufacturer's demand for labor?
The shifts in the demand curve directly affect the demand for labor for the toy manufacturer which means the rightward shift in the demand curve requires more labor whereas the leftward shift requires less labor.
What do you mean by labor?Labor also called human labor is the workforce who are engaged in the production of a product. The requirements of the labor totally depend on the demand for the product.
When the demand curve shifts toward the right that means the demand for the toys getting increases which leads to more requirements for human labor and when the demand curve moves towards the left, this means a decrease in demand for toys which results in lesser requirements for human labor. This shows a direct effect on the manufacturer of toys regarding the demand for labor.
Therefore, the changing of shifts will affect the manufacturer's demand for labor in a direct manner.
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Assume that the Bank of Ecoville has the following balance sheet and the Fed has a 10% reserve requirement in place:
Balance Sheet for Ecoville International Bank
ASSETS
LIABILITIES
Cash
$33,000
Demand Deposits
$99,000
Loans
66,000
Now assume that the Fed lowers the reserve requirement to 8%.
By how much has the money supply increased or decreased?
If the money multiplier is 5, how much money will ultimately be created by this event?
If the Fed wanted to implement a contractionary monetary policy using reserve requirement, how would that work?
Answer:
33 thousand loadsdhjdhhddhhd
Explanation:
because it was cool as lolllll
What is earning interest on previously earned interest called?
Answer:
Compounding. Earning interest on previously earned interest plus the principal amount.
Explanation:
Earning interest on previously earned interest is called compounding. Thus, compounding is the correct term for this definition.
It refers to the process of reinvesting the accumulated interest back into the initial principal amount, allowing for exponential growth over time. With each compounding period, the interest is calculated not only on the original principal but also on the interest earned in previous periods.
This compounding effect leads to the gradual growth of the investment or savings. Compounding is a powerful concept in finance and can significantly enhance the growth of investments or savings over the long term. It is a key factor in various financial instruments such as savings accounts, bonds, and investment portfolios.
Thus, earning interest on previously earned interest is called compounding.
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Here are 50 points have a good day or night, hope this helps u out :)
hi there!
thank you so much, are you sure you dont have any question(s) that i could help you with? because i would be more then happy to help! :)
i hope you have a great rest of your day <3
you are such a good person thank you!
Explain to the management of SSSMM the impact of the following socio-
economic issues on their business.
a.Inflation
b.Dumping
Answer:
inflation
Explanation:
this a process by which prices of a particular goods are high
education opens the door to employment.
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
Consider the inverse demand function and the inverse supply function P=1+Q Find (a) equilibrium price and , (b) consumers surplus (CS), producers surplus (PS) and the total surplus (TS). Price ceiling: (i) Find the quantity demanded and quantity supplied when government imposes a price ceiling of $14 per unit. (ii) Find the quantity demanded and quantity supplied when government imposes a price ceiling of $10 per unit. Price floor: (1) Find the quantity demanded and quantity supplied when government imposes a price floor of $12 per unit. (2) Find the quantity demanded and quantity supplied when government imposes a price floor of $8 per unit.
The equilibrium price is $1 per unit. At the equilibrium price, there is no consumer surplus or producer surplus, resulting in a total surplus of zero. With a price ceiling of $14 per unit, the quantity demanded and supplied is 13 units. When the government imposes a price ceiling of $10 per unit, the quantity demanded and supplied is 9 units. With a price floor of $12 per unit, the quantity demanded and supplied is 11 units. If a price floor of $8 per unit is imposed, the quantity demanded and supplied is 7 units.
(a) To find the equilibrium price, we set the inverse demand function equal to the inverse supply function:
1 + Q = 1 + Q
Solving for Q, we get Q = 0.
Substituting Q back into the inverse demand or supply function, we find P = 1 + 0 = 1.
Therefore, the equilibrium price is $1 per unit.
(b) To calculate the consumer surplus (CS), producer surplus (PS), and total surplus (TS), we need to find the areas of the relevant triangles.
Consumer Surplus (CS): Since the equilibrium price is $1, there is no consumer surplus because consumers are willing to pay exactly the equilibrium price.
Producer Surplus (PS): Similarly, there is no producer surplus at the equilibrium price since producers are willing to sell at exactly the equilibrium price.
Total Surplus (TS): The total surplus is also zero because there is no area between the demand and supply curves.
Price ceiling:
(i) When the government imposes a price ceiling of $14 per unit, we set the inverse demand equal to the price ceiling:
1 + Q = 14
Solving for Q, we get Q = 13.
Thus, the quantity demanded and supplied is 13 units.
(ii) With a price ceiling of $10 per unit:
1 + Q = 10
Solving for Q, we get Q = 9.
Therefore, the quantity demanded and supplied is 9 units.
Price floor:
(1) When the government imposes a price floor of $12 per unit, we set the inverse supply equal to the price floor:
1 + Q = 12
Solving for Q, we get Q = 11.
So, the quantity demanded and supplied is 11 units.
(2) With a price floor of $8 per unit:
1 + Q = 8
Solving for Q, we get Q = 7.
Hence, the quantity demanded and supplied is 7 units.
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