Solution:
Requirement 1:
The answer is b) A democratic Republic.
Reason:
1) In United States some decisions are taken by democratic processes and some by elected representatives. So, It is democratic republic.
2) Option a is not correct because in constitutional monarchy the ruling will be done by king or queen. So, it is incorrect.
3) Option c is not correct because anarchy means there will is no government or law. So, it is incorrect.
4) Option d is not correct because in United States some decisions are taken by democratic processes and some by elected representatives. So, it is incorrect.
5) Option e is not correct because confederation reminds government with group of nations. So, it is incorrect.
Requirement 2:
The answer is C) $ 64,500
Current Assets | |
Cash | $ 50,500 |
Short term investments | $ 25,000 |
Net accounts receivables | $ 92,000 |
Merchandise Inventory | $ 164,000 |
Total Current Assets (a) | $ 331,500 |
Current Liabilities (b) | $ 267,000 |
Working capital (a - b) | $ 64,500 |
Notes: Working Capital = Current Assets - Current Liabilities
So, the remaining options A,B,D are incorrect.
The government of the United States is best described as Select one: O a. a constitutional...
The financial statements of Carrier Office Furniture Company include the following terms 2019 2018 Cash $50,500 $46,000 Short-term Investments 25,000 13,000 Net Accounts Receivable 92,000 98.000 Merchandise Inventory 164,000 144,000 Total Assets 527,000 549,000 Total Current Liabilities 267.000 293,000 Long-term Note Payable 63,000 55,000 What is working capital for 2019? A. $197,000 OB. $99,500 O C. $64,500 OD. $39,500