Prepare the General Ledger journal entries for the General Fund for the City of Corona for the fiscal year ended May 31, 2018. The budget was formally adopted. Estimated revenues are $8,520,000 and appropriations are estimated to be $8,204,500. Revenues were received for $6,562,000. Purchase orders were issued for $2,950,000. Purchase orders were filled for $2,436,000. The invoice amount was $2,443,000, which has been paid. Expenditures, not encumbered, amounted to $3,225,000 which was paid.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations

United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.