If a firm's current ratio increases , its liquidity remains the same. Companies measure their ability to fulfil short-term financial obligations using liquidity. It's a gauge of your company's capacity to turn over any possessions with a monetary value into cash.
It is quick and simple to convert liquid assets into money. The term "liquidity" refers to the capacity to convert an asset into cash. An asset is more liquid firm it is simpler to turn it into cash. And the most liquid asset is often thought to be cash. A bank transfer or ATM withdrawal can be used to swiftly and simply access the cash in a bank account or credit union account.
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unintended changes in inventories: group of answer choices bring actual investment and saving into equality at all levels of gdp. bring actual investment and saving into equality only at the equilibrium level of gdp. are treated as components of consumption. cause the economy to move away from the equilibrium gdp.
Unintended changes in inventories - bring actual investment and saving into equality at all levels of GDP.
What is GDP?
The market value of all final goods and services created and managed to sell (not resold) in a given time period by countries is measured in dollars using the term "gross domestic product" (GDP). This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is. To compare living standards between countries, using a foundation of GDP per capita at purchasing power parity (PPP) may be more useful, whereas nominal GDP is more useful for comparing national economies on the global market. GDP (nominal) per capita does not, even so, reflect differences in the price of residing and the inflation rates of the countries. The contribution of the each industry or sector to the overall GDP can also be quantified.
Therefore, the correct option is A
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based solely on liquidity, which insurance company is the most capable of servicing its short-term financial obligations? stillery, inc. williams insurance the rushing, inc. pathway insurers enscomp
Insurance company is the most capable of servicing its short-term financial obligations - Pathway Insurers.
What insurance?
In order to protect oneself from financial loss, one party will guarantee another party compensation in case of a specific loss, damage, or injury in return for a fee. It is a method of risk management that is primarily employed to protect against the risk of a potential loss. An insurer, health insurer, insurance provider, or underwriter is a company that offers insurance. A person or entity that purchases insurance is referred to as a policyholder, and someone or something that is protected by the policy is referred to as an insured. Although the terms policyholder and insured are frequently used interchangeably, they are not always synonymous because additional insureds who did not purchase the insurance may occasionally be covered.
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alexa owns a coffee shop. the following information is from her accountant: expenses: advertising $37.00 coffee, cups, sweetener, flour, etc. $7.69 per cup of coffee and a muffin monthly rental $145.00 what will her break even point be if she sets the price for coffee and a muffin at $11.69.
Alexa must sell 17 coffee and muffins to break even
Advertising expense = $37.00
Coffee, cups, sweetener, flour etc expense = $7.69
Rent = $145.00
Total cost = 37 + 145 + 7.69
= 189.69
Price of coffee and a muffin = $11.69
Let x be the number of coffee and muffin being sold by Alexa:
The break-even threshold is reached when overall costs and total revenues are equal, leaving your small firm with no net benefit or loss. In other words, you've achieved the point in production where the revenue from a product equals the cost of manufacture.
Break-even point:
11.69x = 189.68
x = 16.22 or 17
So, she must sell 17 coffee and muffins
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In an essay of no fewer than 225-words, describe the importance of continuing education in law enforcement and some of the areas in which it has become even more important in recent years.
The importance of continuing education in law enforcement and some of the areas in which it has become even more important in recent years as police with four-year degrees use force less frequently, use less force overall, get fewer complaints and disciplinary proceedings, and produce stronger investigative reports.
Although the field of law enforcement may have been reluctant to fully see the benefits of education as a supplement to specialized job-related training, more and more administrators now see it as a crucial part of a comprehensive shift to community-based policing. The problem-solving abilities required for officers to function effectively in this context are improved through continual education as police move to connect with individuals in new ways and handle a wide variety of topics that affect crime problems in a community.
Revisions to mission statements necessitate far-reaching abilities in organizations across the nation. Higher educational levels, together with improved technical, management, and interpersonal abilities, are all part of a bigger strategy for improved professionalism.
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home depot learned that 75 percent of the time its customers buy a can of paint, they also purchase a paint brush. patterns and relationships like this are discovered through a technique called .
Home Depot discovered that 75% of the time when people buy a paint can, they also buy a paintbrush. These kinds of patterns and connections are found using a method known as data mining.
Explain what data mining is.Large data sets are sorted through in data mining in order to find patterns and relationships that may be used in data analysis to assist solve business challenges. Enterprises can forecast future trends and make more educated business decisions thanks to data mining techniques and technologies.
Data mining is being used to delve deeper into ever-larger databases, which aids in market segmentation. By examining the connections between variables like a customer's age, gender, and interests, it is possible to forecast their behavior to direct targeted loyalty marketing.
What benefits does data mining offer?The ability of businesses to make informed decisions is aided. Fraud and credit risk are detected with its assistance. The evaluation of enormous amounts of data by data scientists is made easier by this. The information can be utilized by data scientists to spot fraud, develop risk models, and improve product safety.
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which of the following would the manufacturer find to be the lowest acceptable price for the new supercowchow per sack: a) $60 b) $70 c) $80 d) $90 e) $100
The lowest acceptable price for the new supercowchow per sack is $60.
Throw light on the concepts of demand and supply.The two major economic theories are combined in the law of demand and the law of supply to determine how do the changes in the price of a resource, good, or service have an impact on its supply as well as demand. Supply rises as the price increases, but demand for. a good or service drops. In contrast, as the price of a good or service falls, supply is constrained and demand is increased.
Many medieval thinkers saw a distinction between a "fair" price based on costs and equitable returns and one at which the sale was actually conducted, much like modern critics of market pricing for some commodities.
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The complete question is given below :
When administered according to a careful feeding schedule, a premium nutritional additive called Supercowchow increases milk production earnings in a dairy herd to $1,050,000 from the $1,000,000 using the standard Cowchow that costs $50 a sack for the farmer to buy. The farmer uses 1,000 sacks of Cowchow a year. Supercowchow costs $10 per sack extra to manufacture and the farmer would use 1,000 sacks of it. Thus the added-value of Supercowchow over regular Cowchow is $50,000/1,000 sacks, which is $50 per sack.
Which of the following would the manufacturer find to be the lowest acceptable per sack price for the new Supercowchow?
a. $60
b. $70
c. $80
d. $90
e. $100
justin bieber contracted to perform a music concert at the local stadium. he was aware of the fact that the stadium would sustain a substantial loss if he failed to perform. justin, however, was stricken ill with laryngitis preventing him from singing and he failed to perform at the concert. the stadium sued justin for breach of contract. what is the likely result?
The likely result is: the contract was discharged by the impossibility of performance or, if not, Justin will have to perform at another date after he recovers.
The other options could not be a possible outcome result in the given scenario because it would be really unfair as well as unethical according to business point of view, if they make Justin accountable for the breach of contract and also the loss could not be compensated if they hire another singer, as people has only paid the price of the tickets to see Justin performing.
So, giving another date for the concert would be appropriate instead of hiring new singer, in terms of business point of view.
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when the us allowed foreign banks to enter the us capital market and domestic banks to expand their operations overseas in the late 1970s, it was due to blank . multiple choice question. forecasting deregulation a subsidiary a buy-out
When the US allowed foreign banks to enter the US capital market and domestic banks to expand their operations overseas in the late 1970s, it was due to deregulation which is the reduction of state regulations.
Deregulation is the removal or reduction of state regulations, usually in the economic sphere. It is the repeal of governmental economic regulation. While companies complain about how a regulation is impeding their ability to compete, the government removes it.
The declared reasoning for deregulation is frequently that few or no and simpler regulations will increase competitiveness, resulting in higher productivity, greater efficiency, and lower overall prices.
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an investor wishes to purchase 100 shares of an nyse-listed common stock. the instructions to the registered representative taking the order stipulate that the purchase is to be made as close as possible to the closing price of the stock. shortly after the order is entered, there is a level 3 trading halt. what is the effect of this halt on the investor's order?
The effect is that the order is cancelled.
A trading service will offer pricing data on a securities as a level III quote. The real-time bid price, ask price, quote size, cost and size of the most recent trade, as well as the day's high and low prices, are all included.
Institutions are permitted to send information, execute orders, and enter quotes at Level III. The level III service is only available to registered Nasdaq market makers since it provides a high level of market depth.
Shares of a publicly traded corporation are made available for trading on a stock exchange. A corporation that is listed in the United States has satisfied the Securities and Exchange Commission's (SEC) requirements for offering shares for sale to the general public and has been approved for trading on a market like the New York Stock Exchange.
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ace electronics had cost of goods sold of $20,000. if purchases of inventory were $23,000 and ending inventory was $6,000, ace's beginning inventory must have been . multiple choice question. $3,000 $9,000 $26,000 $17,000
With all inventory regarding adjustments, the beginning inventory that ace must have is $3,000. Hence, Option A is correct.
What is inventory?The items and materials that a company keeps on hand with the intent of reselling, producing, or using them are referred to as inventory or stock. Defining the size, location, and shape of stocked commodities is a major focus of inventory management.
All the products, materials, and things that a company keeps on hand in anticipation of selling them to customers for a profit are referred to as inventory.
With a cost of goods sold of $20,000, Ace Electronics. Ace had to have had $3,000 worth of stock at the start if his purchases totaled $23,000 and his concluding stock was $6,000 instead.
Therefore, Option A is correct.
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fieldman corp. obtained the following information from its accounting records: sales $35,000 beginning finished goods inventory $12,000 ending finished goods inventory $9,000 cost of goods sold $20,000 the cost of goods manufactured this period equals:
The cost of the commodities produced over this time period is $17,000.
The entire manufacturing expenses for items that are completed during a certain accounting period are the cost of goods manufactured. These expenses cover the direct labor, direct materials, and manufacturing overhead for the goods that are moved from the production line to the completed goods stock.
Finished goods, beginning inventory = $12,000
Less Finished goods, ending inventory = $9,000
Cost of goods sold = $20,000
Cost of Products Offered for Sale = Expense for Goods Sold + Finished Goods Inventory Closing
= $20,000 + $9,000
= $29,000
Cost of Producing Goods = Price of Goods Available for Sale - Initial Inventory of Finished Goods
= $29,000 - $12,000
= $17,000
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When reconciling petty cash, you determine that the total withdrawals according the petty cash slips is $169.00. Since the fund started with $200.00, there should be $31.00 remaining in the petty cash box. When the cash is counted, there is $31.00. How is this entered in the journal? Will mark brailiest
A. Since the difference between the established amount and the total cash and withdrawals is zero, each account the disbursements are charged to is debited to total $31.00 and the Cash account is credited $31.00 to replenish the fund. No entry is needed in the Cash Over and Short account.
B. Since the difference between the established amount and the total cash and withdrawals is zero, each account the disbursements are charged to is debited to total $169.00 and the Cash account is credited $169.00 to replenish the fund. No entry is needed in the Cash Over and Short account.
C. Since the difference between the established amount and the total cash and withdrawals is zero, each account the disbursements are charged to is debited to total $169.00 and the Cash account is credited $31.00 to replenish the fund. No entry is needed in the Cash Over and Short account.
D. Since the difference between the established amount and the total cash and withdrawals is zero, each account the disbursements are charged to is debited to total $169.00 and the Cash account is credited $200.00 to replenish the fund. No entry is needed in the Cash Over and Short account.
This transaction is entered in the journal according to Option B:
Since the difference between the established amount and the total cash and withdrawals is zero, each account of the disbursements is charged to Petty Cash. The Petty Cash is debited to a total of $169.00, and the Cash account is credited $169.00 to replenish the fund.No entry is needed in the Cash Over and Short account.What is a petty cash book?A petty cash book is an accounting record for petty cash expenses.
The petty cash book operates on the imprest system, involving the refund of the total cash spent during the period after the physical count of cash in hand.
Total of Petty Cash slips = $169.00
Imprest = $200.00
Petty cash balance = $31.00 ($200.00 - $169.00)
Float = $169 ($200.00 - $31.00)
Thus, the correct journal entry for the petty cash transaction is Option B.
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question content area deferred revenue is revenue that is a.earned and the cash has been received b.not earned and the cash has not been received c.not earned but the cash has been received d.earned but the cash has not been received
Option (c) is the best choice. Deferred revenue is money that has been received but is not yet earned.
Describe deferred revenue with several instances.Unearned income, also referred to as deferred revenue, is the term used to describe advance payments a company receives for products or services that will be supplied or provided in the future. The prepayment recipient company reports the sum as a liability on its balance sheet known as deferred revenue. Money received in advance for goods or services that will be supplied later is referred to as deferred revenue. Rent payments made in advance or annual membership fees paid at the start of the year are common examples of deferred revenue.
Why are obligations for deferred revenue?Deferred revenue is a short-term liability account because, unlike a debt, it relates to goods and services that you owe clients rather than money that you owe them. To accurately record income and expenses in the period they really occurred, accounting often employs deferrals like deferred revenue.
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the price of celery rises, but nothing has changed on the supply side of the market. what does this mean to celery farmers? it is a signal that celery is more valuable to consumers than it was before. celery production should be reduced because the number of producers has risen. it is a signal that they should reduce celery production because it is too expensive for consumers. celery production should be increased because the number of producers has fallen.
Answer:
It is a signal that celery is more valuable to consumers than it was before.
Explanation:
8 suppose that an antique jewelry dealer is interested in purchasing a gold necklace for which the probabilities are 0.22, 0.36, 0.28, and 0.14, respectively, that she will be able to sell it for a profit of $250, sell it for a profit of $150, break even, or sell it for a loss of $150. what is her expected profit?
Her Expected Profit is $88 when she sells it at different profits and losses with different probabilities.
Expected Profit: The likelihood of making a profit is multiplied by the payoff's profit to determine expected profit, and the probability that specific costs will be incurred is multiplied by the cost to determine expected cost.
The profit amount is multiplied by the chance of earning that profit to determine the expected profit under a probability demand distribution.
The Expected Maximum Profit measure computes an EMP value that is expressed as a percentage of the total loan amount and measures the incremental profit compared to not creating a credit scoring model. It takes into account the profits received by the non-defaulters and the losses caused by the defaulters.
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becky has 20/50/5 automobile insurance coverage. if two other people are awarded $30,000 each for injuries in an auto accident in which becky was judged at fault, how much of this judgment would the insurance cover?
$50,000 of this judgment would the insurance cover
The maximum amount the insurance company will pay is $25,000 per person with a maximum of $50,000 per accident for all persons.
Insurance is a means of protecting against financial loss by agreeing, for a fee, to indemnify the other party in the event of a certain loss, damage, or injury. It is a form of risk management used primarily to hedge the risk of potential or uncertain losses.
Companies that provide insurance are known as insurers, insurers, insurers, or underwriters. The person or entity that purchases the insurance is called the policyholder, and the person or entity covered by the policy is called the insured person. The terms policyholder and insured are often used synonymously but are not always synonymous as coverage may extend to additional insured persons who did not purchase the policy.
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7. juan foods makes a cash sale with a positive gross margin. which one of the following statements describes the effect of the sale on juan foods? current ratio increases current ratio decreases no change to juan foods' current ratio insufficient information to judge effect on current ratio
'Current ratio increases' describes the effect of the sale on juan foods.
An increase in current ratio can suggest a business enterprise is 'developing into' its potential. it's critical to keep in mind, but, that principal purchases that prepare for upcoming boom – or the sale of useless belongings – can abruptly and incredibly artificially change a agency's modern-day ratio.
The current ratio is a liquidity ratio that shows a organisation's capacity to repay short-time period loans due in the subsequent 12 months. It solutions the question: “what number of bucks in contemporary property to cover every dollar in contemporary liabilities?
If your present day ratio is excessive, it manner you've got sufficient coins. The higher the ratio is, the extra successful you're of paying off your debts. if your present day ratio is low, it way you will have a difficult time paying your immediate money owed and liabilities.
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the capital-to-labor ratio is: question 26 options: a) high in rich countries. b) high in poor countries. c) the ratio of managers to workers. d) a key element in decreasing real wages.
The capital-to-labor ratio is high in rich countries. The investor-analyst can determine if automation technology has been used to replace labor-intensive operations by looking at the capital to labor ratio.
Labor is simpler to change in the near term than the capital stock. As businesses lay off employees during recessions, capital to labor ratios tend to be greater. The corporation may be reducing manufacturing costs in this way to maintain its competitiveness or boost gross profits. The investor analyst should monitor this indicator for a sizable period of time.
As labor expenses (in the denominator) rise faster than fixed assets (in the numerator) are used up, the ratio will often go smaller over time. When a work is automated by the corporation, the ratio will quickly rise as the denominator (direct labor) falls and the numerator (fixed assets) rises. When labor costs are high, businesses will try to replace capital with labor.
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an increase in population growth would affect the dynamics of the solow model in the same way as which of the following? 12 a) an increase in the rate of depreciation. b) an increase in the rate of investment. c) an increase in the level of technology. d) an increase in efficiency
Option (b), which calls for a rise in the rate of investment, is the right choice.
What changes in the Solow model do more people make?According to the Solow model, a rise in the population growth rate accelerates the growth of total output but has no long-term impact on the growth of output per person. The steady-state level of per capita output decreases as the population growth rate rises.
What are the Solow growth model's primary components?What it is A long-term economic growth model, the Solow growth model examines three key variables: capital accumulation, labor growth, and multifactor productivity. Economists use the latter to refer to technical advancement, which has an impact on labor and capital as well as the other two factors.
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in general, the higher the capital-to-labor ratio: question 21 options: a) the higher the productivity. b) the lower the rate of investment. c) the lower the productivity. d) the lower the wages.
When there is a higher capital-to-labor ratio, this will result in higher productivity. Hence, Option A is correct.
What is higher productivity?
Higher output from the same amount of input is a sign of higher productivity. It denotes a greater economy's or company's ability to convert resources into goods efficiently. We can therefore produce more with less if productivity increases.
When the same number of inputs are used to produce the same amount of output but with greater output or less inputs, productivity increases. Higher capital-to-labor ratios will lead to higher levels of productivity.
Therefore, Option A is correct.
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Recently a family from virginia received the keys to their new 3d printed home. The 3d printer that manufactured this home is primarily a ________ innovation.
This house was made using a 3D printer, which is essentially a technological innovation.
Why is 3D printing used?A technological advancement that has the power to completely alter the industrial sector is additive manufacturing, sometimes known as 3D printing. Using 3D printing, plastic filament spools or resin tray contents are transformed into physical objects. 3D printing is literally out of this world.
NASA has a 3D printer on board the International Space Station where astronauts can print out unusual objects like this maintenance wrench without having to send them into orbit.
Large enterprises, small businesses, amateurs, and students all use 3D printing. Since technology allows for the creation of physical objects from digital designs, there are various uses for 3D printers.
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true or false: self-employed taxpayers pay the employee portion of the fica tax burden through self-employment taxes, but they are exempt from paying the employer portion.
self-employed taxpayers pay the employee portion of the fica tax burden through self-employment taxes, but they are exempt from paying the employer portion . This statement is false.
Tax payment for self employed?
The practice of working independently rather than for an employer is known as self-employment.If a person chooses to be recognized as a self-employed individual or is generating income for which a tax return must be filed, tax authorities will typically view them as such.The crucial question for tax authorities in the real world is not whether a person is engaged in a business activity—which is still referred to as "trading" when referring to the provision of a service—but rather whether the activity is profitable and, as a result, potentially subject to taxation.To put it another way, the tax authorities generally ignore occasional and hobby- or enthusiast-based economic activity because trading is likely to be ignored if there is no profit.People who work for themselves are typically referred to as sole proprietors (or sole traders), independent contractors, or partners.
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assume the following: purchases of raw materials $ 38,000 beginning raw materials inventory $ 10,000 ending raw materials inventory $ 14,000 direct materials used in production $ 29,700 what was the amount of indirect materials used in production?
The correct answer is $5,800
Beginning raw materials inventory $10,000
Add: Purchase of raw materials $38,000
$48,000
Less: Ending raw materials inventory $14,000
The raw material used $34,000
Less: Direct materials used in production $28,200
Indirect materials used in production $5,800
Stock is an asset because a corporation invests money in it that it then converts into sales when it sells the inventory. Stock that doesn't promote as quickly as anticipated may emerge as a legal responsibility.
Inventory turns into a price when the product is offered. As soon as a purchaser offers you cash in alternate for that item, it actions from the class of an “asset” to end up a “fee” on your income announcement.
Yes. At the quit of the year, your commercial enterprise can be taxed on your profits, which your stock circuitously impacts as it will decrease your income. This may then reduce your taxable earnings. Your profits are your total sales minus the fee of goods offered (COGS).
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HELP QUICK PLEASE!!
Type the correct answer in the box. Spell all words correctly.
Which accounting principle is adopted to make adjustments to the trial balance so that the debit and the credit side balances?
The accounting principle adopted to make adjustments to the trial balance so that its debit and credit side balances is _______ basis of accounting.
The accounting principle adopted to make adjustments to the trial balance so that its debit and credit side balances is double-entry basis of accounting.
Why does the credit and debit side balance?In the Trial balance, the credits and debits must always balance to show that the assets in the company are perfectly matched and the result of liabilities and equity on the credit side.
The reason this happens is thanks to the double-entry basis of accounting. This double-entry basis is such that when a debit is recorded, a corresponding credit is also recorded.
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sperry corp. signs a 2-year note payable for $100,000. the principal of the note and interest are due in 2 years, and the note bears interest at 10% compounded annually. what is the amount of interest that must be repaid at the end of year 2?
The amount of interest that must be repaid at the end of year 2 is 21000.
= 100,000 (1.10^2)
= 121,000
= 121,000 - 100,000
= 21,000 interest paid.
What are Notes Payable?
Written promissory notes are known as notes payable. A borrower receives a certain sum of money from a lender under this arrangement and promises to pay it back with interest over a predetermined time frame. The interest rate may be set for the duration of the note or it may change in accordance with the interest rate the lender charges its most valuable clients (known as the prime rate). In contrast to an account payable, which requires the payment of both interest and a promissory note, this is different (though a penalty may be assessed if payment is made after a designated due date).To know more about Note payable questions visit:
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when considering economic growth, many policy makers focus on real gross domestic product (gdp) per capita since it takes into account the potentially distorting effects of
When considering economic growth, many policy makers focus on real gross domestic product (GDP) per capita since it! takes into account the potentially distorting effects of population change.
What is gross domestic product?Gross domestic product can be described as the standard measure that is been used by the economist when trying to measure the economic growth that can be associated to the country over a particular period of time.
It should be noted that this is been done through the finding the measurement of the value added created that can be attributed to the production of goods as well as the services that can be found in the country with respect to a particular period.
In conclusion , this tool do take into consideration of the income that is been earned during the production, as well as the total amount spent on goods with the consideration of the population of the country.
Therefore, the first option is correct.
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Check the missing options;
O population change. O pollution. O unemployment. Any large, sustainable increase in real GDP must be due to steadily increasing levels of research and development. labor productivity. birth rates. O levels of labor force participation.
assume the mpc is 0.70. if government were to impose $20 billion of new taxes on household income, consumption spending would initially decrease by multiple choice $20 billion. $14 billion. $6 billion. $60 billion.
The consumption spending would initially decrease by $ 14 billion.
Elaborate on Marginal Propensity to Consume.The marginal propensity to consume (MPC) is a measure of induced consumption in economics, which is the idea that an increase in disposable income leads to an increase in personal consumer spending (consumption) (income after taxes and transfers). Propensity to consume is the percentage of disposable income that people spend on consumption. MPC is the percentage of additional money that a person spends. For instance, if a household receives an additional $1 in disposable income and the marginal propensity to consume is 0.65, it will spend 65 cents of that dollar and save 35 cents. Of course, the family cannot spend more than the additional $1. (without borrowing). When compared to wealthier people, the MPC is higher for impoverished persons.
To solve this question :
In accordance with the given data.
Marginal propensity to consume (MPC) = 0.7
Change in disposable income = $20 billion
MPC = (Change in consumption ) ÷ (Change in disposable income)
0.7 = (Change in consumption ) ÷ 20
20 × 0.7 = Change in consumption, i.e., 14 billion
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How does the author develop the idea that the current high-tech toilet design may someday be affordable for consumers?.
This is why the nuances of the toilet and bath design are so important—the right floor layout and bath/toilet design guarantee adequate walking space, storage space, and general flow.
What are the features of modern toilets?Modern toilets may incorporate innovative features such as concealed tramways, touchless flushing, one-piece construction, or a removable seat for quick and easy cleaning. In the United States, two-piece toilets with a separate tank that bolts to the bowl are the most prevalent.
Almost all high-tech toilets include a remote control that allows you to operate and customize the toilet's functionality. You can't yet turn on the TV from the bathroom, but you can adjust your Bluetooth music and use bidet functions like the seat warmer.
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why did the new dealers argue that the works progress administration (wpa) would not bankrupt the federal government even though it meant deficit spending?
The New Dealers argued that the WPA would not bankrupt the federal government even though it meant deficit spending because creating jobs, it would generate tax revenues.
Write a note on Works Progress Administration.The American New Deal organization known as the Works Progress Administration (WPA; renamed the Work Projects Administration in 1939) recruited millions of job seekers (mainly men without formal education) to complete public works projects, such as the building of public structures and roadways. By executive order, it was established on May 6, 1935, as a crucial component of the Second New Deal.
The first allocation for the WPA in 1935 was $4.9 billion, or around $15 per person in the United States and 6.7 percent of the GDP in that year. The WPA, led by Harry Hopkins, provided paid employment to the jobless in the US during the Great Depression while enhancing the nation's public infrastructure, including parks, schools, and highways.
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the difference between a broker and a dealer is group of answer choices brokers bring together buyers and sellers, but carry no inventory; dealers stand ready to buy and sell from their inventory. dealers sell drugs; brokers sell houses. brokers transact in stocks and bonds; currency is bought and sold through dealers. none of the options
The difference between a broker and dealer .a dealer is that brokers bring buyers and sellers together, but they don't have any inventory. Sellers are ready to buy and sell from their inventory.
Dealers are those representatives who work for themselves. In the financial market, dealers can be both private individuals and legal entities that allow them to trade financial assets themselves. Opening business opportunities for others is the job of a broker. In addition, commission brokers can be either people or businesses.
In the context of the financial market, the key difference between a dealer and a broker is that dealers may hold some inventory while engaging in their own trading. They buy and sell using their inventory. Brokers have no inventory of their own as they are only financial intermediaries who can connect two dealers. As a result, brokers own no inventory of their own; instead, they only search for the right customers and sellers.
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