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lord [1]
2 years ago
14

A graph titled Funding for House Elections 2011 to 2012 shows parties on the horizontal axis and dollars (hundreds of millions)

on the vertical axis. Approximately 610 of Republican funding was total raised, 200 was P A C funding, and 350 was individual funding. Approximately 490 of Democratic funding was total raised, 165 was P A C funding, and 290 was individual funding.
Look at this graph, showing funding for campaigns for election to the House of Representatives, 2011–2012.

What is the most logical conclusion that can be drawn from this graph?

Both parties are dependent on raising huge sums of money to fund their House campaigns.
PAC spending is not a significant factor when it comes to raising money for House campaigns.
The Democrats will always raise more money for House campaigns from individuals than the Republicans will.
Campaign funding laws have reduced the amount of money needed to fund House campaigns.
Business
2 answers:
slavikrds [6]2 years ago
8 0

Answer: Both parties are dependent on raising huge sums of money to fund their House campaigns.

Explanation:

Campaigning for office is no cheap endeavour as many politicians have seen and noted. Money needs to be spent on everything from renting venues to buying stationary and so the politicians turn to donors to help.

Regardless of party affiliation, this is the reality for political campaigns which is why both parties rely on huge sums of money to fund campaigns like for the U.S. House of Reps. This is confirmed by the graph described above that shows the hundreds of millions of dollars being used to campaign for the House.

vodomira [7]2 years ago
5 0

Answer:

A

Explanation:

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Treasury Stock Pomona Corporation issued 60,000 shares of $3 par value common stock at $21 per share and 9,000 shares of $30 par
In-s [12.5K]

Answer:

Issuance

Common Stock

Dr. Cash                                          $1,260,000

Cr. Common Stock                                                 $180,000

Cr. Paid-in-Capital excess of par common stock $1,080,000

Preferred Stock

Dr. Cash                                          $765,000

Cr. Preferred Stock                                                 $270,000

Cr. Paid-in-Capital excess of par Preferred stock $495,000

Treasury Stock Purchase

Dr. Treasury Stock    $46,000

Cr. Cash                     $46,000

Explanation:

Common Shares are issued at a specified price, we need to record the par value of the share in common stock account and The value excess of par in the Paid-in-Capital Excess of par common stock separately.

Issuance of 60,000 shares

Par value = $60,000 x 3 = $180,000

Excess of par value = ($21 - $3 ) x 60,000 = $1,080,000

Preferred stock has also recorded same as the common but in different accounts

Par Value = 9,000 x $30 = $270,000

Excess of par value = ($85 - $30) x 9,000 = $495,000

Treasury stocks are the company's own shares which is repurchased by the company. It is recorded in treasury shares account which is an contra equity account. I can be reissued or cancelled by the company.

Purchase of Treasury Stock

Treasury Stock = 2,000 x $23 = $46,000

5 0
2 years ago
Rowland & Sons Air Transport Service, Inc., has been in operation for three years. The following transactions occurred in Fe
bixtya [17]

Answer:

Journal entries

Feb 01

Rent Expense                                           Debit               $ 200

Cash                                                          Credit                                   $ 200

Record payment of hanger rent for Feb

Feb 04

Cash                                                          Debit              $ 800

Unearned Revenue                                  Credit                                  $ 800

Recording of cash received in advance

Feb 7

Cash                                                           Debit             $ 900

Service Revenue                                       Credit                                $ 900

To record service revenue received in cash

Feb 10

Salaries and wages                                  Debit           $ 1,200

Cash                                                          Credit                                $ 1,200

To record salaries paid for services received in February

Feb 14

Advertisement expenses                         Debit          $    100

Cash                                                          Credit                               $    100

To record payment of advertisement expenses

Feb 18

Cash                                                          Debit            $ 500

Accounts Receivables                              Debit         $ 1,200

Service Revenue                                       Credit                             $ 1,700

To record services provided on cash and on credit

Feb 25

Supplies Inventory                                   Debit           $ 1,350

Accounts Payable                                    Credit                              $ 1,350

Recording of purchase of supplies for future use on credit

The preliminary net income for February is $ 1,100

The net profit margin is  42.3 %

Explanation:

Computation of net income and net profit margin

Revenues   ( $   900 + $ 1,700 )                                                     $ 2,600    

Expenses ($ 200 + $ 1,200 + $ 100 )                                             <u>$ 1,500</u>

Net Income                                                                                      $ 1,100    

Net profit margin = Net income / Revenues

Net Profit margin   = $ 1,100/ $ 2,600 =                                          42.3 %  

The other entries for collections made on Feb 04 for services to be performed next month and the purchase of supplies to be used in the future are not to be considered in revenues and expenses as they do not pertain to the current month                                                                                                                  

5 0
2 years ago
In a situation of neither input nor output fixed, the proper economic criterion is to _________________. A. Maximize the output
arsen [322]

Answer:

D. Maximize (outputs - inputs)

Explanation:

The input is the raw material, labor, the efforts that is used in making the product while the output is the product or the result arising from the input

The profit arises when output and the input varies from each other

i.e

Profit = Output - input

In the case where there is neither an input nor output fixed, so we have to maximize the profit i.e (output - input) but the condition is that they are different from each other

Hence, the correct option is D.

6 0
2 years ago
Informational reports provide summaries and describe recurring activities as well as situational, nonrecurring events. They deli
boyakko [2]

Answer:

Part - 1.

Informational reports need details to get frequently visible. As long as we have a tendency to view the report it supports to achieve higher appreciative simply with none ambiguity.

Part - 2.

Headings are the actual fundamental cue; will this assessment report help to assist the reader. Headings aggravates interest and increases considerations, smart heading will increase usability. Thus, the reader will examine the page additional efficiently and in less period.

Part - 3.

It precises in condensed, easy-to-read design is taken into account as an efficient regarding the requirements segment of the commotion report.

Part - 4.

When establishing the report, the subsequent are the facts to be bear in mind.

  • Attention on 3 to 5 areas which will attention your reader.
  • Adjacent by creating the worth of the journey.
  • Use written account sequencing.

Part - 5.

The continuity in the project usually need development or provisional reports to explain their standing however not issues. Therefore, progress reports don't argue issues.

Part - 6.

In the facts finding report it might be a style of short informational report that have requested to put in writing. As, this report is entirely targeted on planned tax improvements and it have an effect on, this may be a fact finding report.

5 0
2 years ago
What statements best describe a store charge card?
Aloiza [94]

redit card
In general, a credit card lets you make purchases for which you are billed later. Most credit card accounts allow you to carry a balance from one billing cycle to the next. However, you will usually have to pay interest on that balance. You likely also have to pay at least a certain amount of your balance each time you receive a bill.

Charge card
A charge card is a specific kind of credit card. The balance on a charge card account is payable in full when the statement is received and cannot be rolled over from one billing cycle to the next. American Express and Diner's Club are two well-known organizations that offer charge cards.

So what does this mean for your FICO® score? There are many ways to build one's FICO score over time. Credit cards in general have a strong influence on the FICO score calculation. Charge cards can be just as effective as any other credit product in helping consumers establish a credit history.

Whether you have a credit card or a charge card, the most important factor in building or improving your FICO score is using credit responsibly. That means paying your bills on time and using your credit only when needed. If you can do those things consistently, you should be well on your way toward maintaining a good score.

3 0
2 years ago
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