Flexible spending account

Topic 1: National income and the multiplier This model is based on the UK economy. The Uk economy is an open economy, so we will use the equation Y= C+I+G+(X-M). We found data on the different variables that are involved in finding the National income that allowed us to construct a national income model. We used figures for 2014. UK National Income model approximations The variables we need include: • A consumption function, C = a + b(Y-T) • An import demand function, M = k + mY •…

In a raw, uncut straight the point view on economics Author Henry Hazlitt book Economics in one lesson points out the fallacies of the current economic state of the country. Mr. Hazlitt describes multiple down coming of government involvement in the economy and how these down coming affect the overall health of the economy. Drilling down into each chapter and subject giving further explanation of the overlooked problems of the economy. The art of economics, the broken window, Public works mean…

Republicans fault or the Democrats, each party has their own agendas, and they are just going to keep spending. Nobody likes to pay back debt, because, just like a credit card, it is easy to…

For this budget exercise, I found that the category I will spend most of my money on is other car expenses as I am going to buy a car next month. My projected spending for that category is 3700 dollar from September to December which represents about 33 percent of my budget. I don’t’ have spending input from January to August because I have yet to have a car. Following other car expenses, my biggest expenses are miscellaneous where I will spend 1,563 dollars which represent 14 percent of my…

Budgeting is one of the most basic strategies that any number of groups and organizations depend on for financial planning. Families use budgeting to renovate their house, businesses use budgeting to continue providing their services: overall, budgeting is a necessity to insure that sufficient assets are available. Furthermore, budgeting is often used as a measuring tool based on variances between expected and realized expenditures (Atkinson, Kaplan, Matsumura, & Young, 2012). However, the…

Josh Grondowski experiences many emotions during the time of the depression. Out on his journey, Josh feels sadness. When he leaves home, his best friend Howie joins him. They jump trains to go to a small town to pursue their dreams of becoming musicians. It was Howie’s turn to jump, then after that Josh didn’t know what happened. Howie got thrown into the tracks and Josh “saw Howie’s body lifted by the express train and thrown down the tracks as if it had been an empty crate” (Hunt 45). Josh…

Introduction Nigeria holds a vast history by holding a steak in early civilizations of renowned artistry. By being the most populous country in Africa Nigeria is the eight most populous country in the world. Nigeria’s physical geography is very unique and has potential for being a powerful country. Nigeria has a vast array of issues however with creative reform policies and support it could develop into a great nation. Physical Geography Nigeria is located in West Africa neighboring Benin,…

large as would be expected because Under Armour’s accounts receivable and inventory accounts both went up to balance out the drop in cash. Accounts Receivable Collection Period Under Armour’s accounts receivable collection period has been fairly good keeping under or around the ideal 30 day collection period but it has also been above the industry and sector standards. There was a small spike up in the last year due to a large increase in accounts receivable since 2014. Inventory…

One of the suggestions Al Gore makes at the end of An Inconvenient Truth, his documentary about global warming, is to buy a hybrid car. This seems like a simple solution to reducing our dependence on oil and decreasing our carbon dioxide footprints. However, as with any other technology, it’s important to know all of the costs and benefits before running out to the car dealer. These cars are expensive, and the technology is new, so consumers must inform themselves before taking such a big…

committing fraud, it is most likely concealing its actions in inventory, accounts receivables or expense accounts such as meals and entertainment and consulting. Because of the large size and complex nature of these accounts, it is difficult to determine their proper valuation and makes it easier for the management to manipulate the…