How are national debt and deficit related?

A deficit is the money the government owes the states.

A deficit is the sum of national debts.

The national debt is an accumulation of deficits.

The national debt is the sum of state deficits

Dexo Inc. plans to launch a new version of its beverage, Lime n' Lemon. The new variant will be similar to the current Lime n' Lemon in terms of taste and packaging, but it will be fortified with vitamins and minerals.

3. Definition of economic costs Felix lives in Miami and runs a business that sells boats. In an average year, he receives $851,000 from selling boats.

A premium on common stock: Multiple Choice 1. Is the difference between par value and issue price when the amount paid is below par. 2. Is prohibited in most states. Represents capital gain on sale of stock. 3. Represents profit from issuing stock.

Suppose the only three existing manufacturers of video game players signed a written contract by which each agreed to charge the same price for products and to distribute their products only in the geographical area assigned them in the contract.

Which of the following is true while making a capital investment decision? a. A manager should compute the competitor's return on investment. b. A manager should assess the risk of the project. c.

Free market economy how are prices set?

Patel Service Co. does make a few sales on account but is mostly a cash business. Consequently, it uses the direct write-off method to account for uncollectible accounts. During Year 1, Patel Service Co.

Accepting a special order will improve overall net operating income if the revenue from the special order exceeds: a. the contribution margin on the order. b. the incremental costs associated with the order. c.

The debit side of an account a. depends on whether the account is an asset, liability, or owner's equity b. is the left side of the account c. can be either side of the account depending on how the accountant set up the system d.

Universal Containers (UC) has a desktop application to collect leads for marketing campaigns. UC wants to extend this application to integrate with Salesforce to create leads.