answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alborosie
2 years ago
13

The government of Happyland collects $100 million in taxes each year and currently has a public debt of $1.2 billion, which it f

inances by issuing Treasury bonds that pay 8% per year. Is this a manageable level of debt for the government of Happyland
Business
1 answer:
DanielleElmas [232]2 years ago
5 0

Answer:

No, the debt is not manageable because interest payments equal $96 million per year.

Explanation:

Annual interest payment for debt = 0.08*1.2B = $96 million

Only the interest payment is about 96% of government revenue, so its not manageable.

You might be interested in
Beta Limited has opening PP&E balance of 150, a depreciation expense of 75, and a closing PP&E balance of 170, what is B
Tems11 [23]

Beta's Net capital expenditure is 95.

Explanation:

The computation of the Beta's net capital expenditure is given below

Closing PP&E balance + Depreciation Expense - Opening PP&E balance

= 170 +75 - 150

= 95

While computing it, we have added the depreciation expense and deducted the PP &E balance to the closing PP&E balance so that the accurate amount can be more.

It can also be calculated by capital expenditures by using data from a company's income statement and balance sheet.  In the income statement, find the amount of depreciation expenses recorded for the current period. in the balance sheet the current period's property, plant and equipment are placed in line- item balance.

4 0
2 years ago
Read 2 more answers
Select the examples of layoffs. Check all that apply. India loses her job as an Urban Planner because the city ran out of fundin
eduard

Answer:

Fidel loses his job as an Eligibility Interviewer because Legislators decided to cut his department, even though Fidel was very good at his job.

Explanation:

A layoff refers to the termination of an employment contract due to a shortage of work. Employers initiate layoffs. They may be a temporary suspension of employment or permanent termination.

Layoffs are not a result of an employee's fault or incompetency. They may be caused by declining revenue, some operations' shutdown,  automation of processes, and outsourcing of some services.  

Fidel's case was a layoff. There was no work available for him after his department was shutdown.

8 0
2 years ago
Read 2 more answers
Mobility Partners makes wheelchairs and other assistive devices. For years it has made the rear wheel assembly for its wheelchai
Cloud [144]

Answer:

Considering the allocate fixed cost, it would not be a good option.

It will generate a financial disadvantage of 22,950

Explanation:

\left[\begin{array}{cccc}&produce&buy&Differential\\Purchase&&282,600&-282,600\\Variable Cost&270,000&&270,000\\Fixed Cost&68,400&32,850&-35,550\\Total Cost&338,400&315,450&-22,950\\\end{array}\right]

Fixed overhead; 38 x 1800 = 68,400

There is a portion of 35,550 fixed cost which is tracable to the real wheel assembly line thus, will be eliminated.

But 32,850 would not.

Considering this, it would not be a good option to stop the assembly line and purchase the component

7 0
2 years ago
Rice and potatoes are substitutes in consumption. If the price of rice rises and there is a bumper crop of potatoes, in the mark
soldi70 [24.7K]

Answer:

a) equilibrium price to rise, fall, or stay the same and equilibrium quantity to rise.

Explanation:

Substitute goods are goods that can be used in place of each other.

If the price of rice rises, consumers shift to the consumption of potatoes. Price and quantity demanded of potatoes increases

The bumper harvest increases supply of potatoes. Price falls and quantity increases.

The effect on equilibrium quantity of potatoes would be indeterminate but equilibrium quantity would rise.

I hope my answer helps you

4 0
2 years ago
Neutronics makes four different models of gas identifiers. Next year, the company anticipates total overhead costs of $2.5 milli
Rainbow [258]

Answer:

Predetermined manufacturing overhead rate= $33.33 per direct labor hour

Explanation:

Giving the following information:

Next year, the company anticipates total overhead costs of $2.5 million.

Estimated direct labor hours= 75,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 2,500,000/75,000

8 0
2 years ago
Other questions:
  • Oscar's dog house has a profit margin of 5.6 percent, a return on assets of 12.5 percent, and an equity multiplier of 1.49. what
    14·1 answer
  • The sea wharf restaurant would like to determine the best way to allocate a monthly advertising budget of $1000 between newspape
    5·1 answer
  • Technology products with particularly strong security features are said to be: question 10 options: hardened. virtualized. integ
    12·1 answer
  • Sommer, Inc., is considering a project that will result in initial aftertax cash savings of $1.75 million at the end of the firs
    7·1 answer
  • John has a faulty HVAC damper in his cooperative apartment. Where should John look to determine if he, or the cooperative, is re
    9·1 answer
  • Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below
    12·1 answer
  • Nabisco used a free-standing rack in the shape of a bus to promote its Ritz and other cracker products. The goal of the sales pr
    10·1 answer
  • Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has investe
    14·1 answer
  • Blue Manufacturing produces lathes at an inventory cost of $25,000 each that sell for $32,000 each. For credit-approved customer
    8·1 answer
  • Nora has heard that opening a lot of credit card accounts is a good way to build credit. She currently has five cards, but is so
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!