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2 years ago

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A hair stylist receives $6,000 per month from her clients as payment for her services. Each month she buys $1,000 worth of suppl

ies. These transactions contribute ________ to gross domestic product (GDP) each month.

1 answer:

erica [24]2 years ago

8 0

$7,000

She is paid $6k and pays out $1k per month. GDP is a measure of money flowing through an economy.

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Allocate $249,000 net income by providing annual salary allowances of $66,000 to Ries, $56,000 to Bax, and $80,000 to Thomas; gr

Elis [28]

Answer:

Some information was missing: Ries invested $80,000 , Bax invested $112,000, and Thomas invested $128,000.

allocation of profits:

Ries = $66,000 + ($80,000 x 10%) = $74,000

Bax = $56,000 + ($112,000 x 10%) = $67,200

Thomas = $80,000 + ($128,000 x 10%) = $92,800

total = $234,000

remaining profits = $249,000 - $234,000 = $15,000 / 3 = $5,000

total allocation of profits:

Ries = $79,000
Bax = $72,200
Thomas = $97,800
total = $249,000

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2 years ago

Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. what

Allushta [10]

Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. The Market rate of substituion between leisure & income is $8 per day.

Because the budget line FE describes the opportunities available to a worker who has $100 of nonlabor income per week, faces a market wage rate of $10 per hour, and has 110 hours of nonsleeping time to allocate between work and leisure activities This means that the person will choose the level of goods and leisure that lead to the highest possible level of the utility index given the limitations imposed by the budget constraint.

Leisure is the time when you are free from work or other duties and can relax.

Limitations the act of controlling the size or extent of something the act of limiting something.

Budget is a spending plan based on income and expenses.

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If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sa

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There will be inadequate liabilities.

What Does Sales Revenue Mean?

Sales revenue is the money a business makes from selling products or offering services. Sales and revenue can, and frequently are, used interchangeably to refer to the same thing in accounting. It is significant to remember that revenue does not always equate to money received. One part of sales revenue may be paid in cash, and the other part may be paid on credit using methods like accounts receivable.

Either the gross revenue total or the net revenue amount can be used to represent sales revenue on the income statement. All deductions for product returns, the potential for undelivered items, and the cost of bad debt are all included in net revenue.

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1 year ago

The us saving and loan crisis of 1970s

cluponka [151]

Answer:

none of these describe the savings and loan crisis

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3 years ago

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A lease for a period of more than one year must be in writing to comply with the __________ . (a) leasehold estate (b) statute o

Yakvenalex [24]

(b) Statue of frauds

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