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The combination of outlay and Tax revenue that will help correct the deficit situation of Country X is found in Option D. This condition means that the country's tax revenue is in excess of its spending by $200 Million.
<h3>What is a Budget Deficit?</h3>
When there is a shortfall between the available funds or revenue required to service the budget, the country is said to be operating in a budget deficit situation. Note that outlay means spending.
Thus, it is correct to state that The combination of outlay and Tax revenue that will help correct the deficit situation of Country X is found in Option D
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Answer:
The correct answer is letter "B": Total assets.
Explanation:
Total assets refer to the total of assets a business has and from where the institution can obtain a profit. Common assets are cash, accounts receivable, inventory, and intangible assets to mention a few. Assets can be recorded at market value according to the<em> International Financial Reporting Standards </em>(IFRS) but not following the <em>Generally Accepted Accounting Principle</em> (GAAP).
<em>Total assets are recorded on the Company's Balance Sheet and are the default base item for Income Statements.</em>
Answer:
$5.2
Explanation:
Weighted average Contribution margin = (Selling Price per unit - Variable Cost per unit) of the 3 umbrella / Number of Unit
Weighted average Contribution margin = [($20-$9)*2 + ($17-$12)*3 + ($9-$6)*5 ] / (2+3+5)
Weighted average Contribution margin = [$22 + $15 + $15] / 10
Weighted average Contribution margin = $52 / 10
Weighted average Contribution margin = $5.2
So, the weighted average contribution margin per unit for Tonto is $5.2
