I need to write an essay on: cause and effect/ USA spends about 54% of its total federal budget on the Military. Military spending in the USA is far greater than any nation in the world. (USA spends more on military than the next 10 highest spenders combined, 4 times China who is second on the list etc) Why does USA need to spend so much more on its military than other countries (cause), and what is/are the results of all this spending (effect)?

Create an essay which supports some position on an issue related to the following 3 topics and support by showing causes and effects. Although there are many possible strategies, most students will find it easier to focus a thesis statement a limited number of causes and effects or even on a single most important example. This will allow the essay to develop a sufficient depth. The essays should not be a simple list of causes or effects, but an essay that takes a position on why a condition exists and or argues the results of this condition. Some writers may even be able to create a strong focused thesis by suggesting a solution or arguing for some clear change of policy. The goal is to create an essay that allows you to develop a position or argument in a cause and effect essay. A strong thesis statement is very important and students should underline it in the final draft of their essay.

This essay will require research and a good deal of time learning about your chosen topic, so make sure to plan ahead and give yourself enough time to learn before you start writing.

Essay should be 4 pages long and it must have a minimum of 3 academic sources—no Wikipedia, encyclopedias, dictionaries etc. Use the library resources to find legitimate, academic sources. The Riverland Library and the library’s web site offer many useful databases and resources for researchers. Most of these sources are consider academic good, sources. I suggest you get comfortable with library and its research tools because you will need to use effective source material for our last two essays.

COGS and Inventory Valuation

Kane Sporting Goods Company uses the periodic inventory system, and the following information about the Company’s football inventory is available:

During the year, 7,200 footballs were sold at $30 each.

Compute the following (PLEASE SHOW YOUR WORK!):

A. Dollar value of ending inventory using First-in, first-out (FIFO

B. Cost of goods sold using Last-in, first-out (LIFO)  

C. Weighted average cost per unit

D. Gross profit for the year using the FIFO method.

E. Which method will result in the lowest taxable income?

“Pollution is causing $100 million worth of damage to the environment and we are only spending $1 million to reduce pollution. We are clearly not spending enough on fighting pollution.”

Analyse and comment on this statement in a Macroeconomics context.

Debate Topic : Does federal government of Canada should increase their spending on healthcare.Give information on cons/negative impacts if the government increase their spending on healthcare.Give statistics,proof,evidence.

Please provide appropriate answer.

Assume that 37% of Canadians feel they will have to cut back on spending, and that a random sample of 100 Canadians is selected.

What is the probability that more than 70 Canadians in the sample felt they will NOT have to cut back on spending?

A country’s government has been running a deficit for the past few years. Suppose this country decides to increase its government spending. Compare the impact of the increase in government spending in a closed economy and an open economy.

Contingent Liabilities Many companies provide warranties with their products. Such warranties typically guarantee the repair or replacement of defective goods for some specified period of time following the sale. Conceptual Connection: Why do most warranties require companies to make a journal entry to record a liability for future warranty costs?

28. If as the price of stesk increases, the demand for eggplant increases then steak and eggplant are

a. Complements

b. Substitute

c. inferior goods

d. Normal goods

29. A quota is

a. a tax on imports

b. a tax on exports

c. a prohibition on International trade

d. a limit on the amount of imports

30. the price of cotton had increased. which of the following will occur in the market for cotton shirts?

a.the demand will decrease

b.the price of cotton shirts will increase

c. the quantity supplied will increase

d. the supply will decrease

31. A recent study found that coffee has health benefits. which of the following is most likely to occur?

a. the supply of coffee will increase

b. the demand for coffee will increase

c. the supply of coffee will decrease

d. the price of coffee will decrease

32. Which of the following would have the most inelastic demand?

a. airline tickets

b. chicken thighs

c. table salt

d. dr. pepper

1. Economists may be able to predict how an individual will behave because:

a) Economists know more than most people.

b) Economists assume individual act rationally in their own best interests.

c) Economists predict the sales of goods and services.

d) Economists are people themselves, and understand their own behavior.

e) Individuals will usually behave as their economic advisors tell them to

2. Consumers are referred to as “suppliers” when:

a) They supply resources to firms and governments.

b) They supply the demand for final goods and services.

c) They supply equilibrium price to the firm.

d) They demand only what firms supply.

3. Which of the following is not an advantage of a corporation:

a) Many individuals can pool their money to fund the new firm.

b) Liability is limited.

c) The firm continues as a legal entity even if ownership changes hands.

d) Most shareholders are directly involved in daily management of the corporation.

e) It is the easiest way to amass a large amount of financing.

Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Sales Income Average Invested Assets Electronics $ 39,840,000 $ 2,988,000 $ 16,600,000 Sporting goods 25,200,000 2,142,000 12,600,000 Exercise 9-10 Computing return on investment and residual income; investing decision LO A1 1. Compute return on investment for each department. Using return on investment, which department is most efficient at using assets to generate returns for the company? 2. Assume a target income level of 11% of average invested assets. Compute residual income for each department. Which department generated the most residual income for the company? 3. Assume the Electronics department is presented with a new investment opportunity that will yield a 15% return on investment. Should the new investment opportunity be accepted?