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2 years ago

The first decision you make involves your choice of employment. Which job did you choose? why?

1 answer:

4 0

The first decision you make involves your choice of employment. After choosing in which employment you want to go, find out various jobs regarding your field and job which excites you. Read their job description carefully and ask yourself whether you will be able to accomplish the mentioned tasks, if yes go ahead and applied for that job.

People should choose that job only which excites them as choosing that job will help them to do work for which they have keen interest and by doing so their work will not be at all burden on them. This will also help them in being creative.

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True or False? Gross pay minus withholding equals take home pay

Galina-37 [17]

<span> Gross pay minus withholding equals take home pay is F</span>

3 0

4 years ago

a study by university of minnesota economist, joel waldfogel, estimated the difference in the actual monetary value of gifts rec

erica [24]

The deadweight loss is $90.6.

<h3>How to calculate the loss?</h3>

The study suggested that the average recipient's valuation of the gift received was approximately 90% of the actual purchase price of the gift.

This means there's a loss of 10% in value constitute the deadweight loss.

Average amount spent on gift = $906

Percentage loss in value = 10% or 0.10

Calculate the deadweight loss -

= Average amount spent on gifts * Percentage loss in value

DWL = $906 * 0.10

The deadweight loss would be $90.6.

Learn more about dead weight loss on:

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A study by university of minnesota economist, joel waldfogel, estimated the difference in the actual monetary value of gifts received and how much the recipients would have been willing to pay to buy them on their own. the study suggested that the average recipient’s valuation was approximately 90% of the actual purchase price.

Calculate the deadweight loss if the average amount is $906.

8 0

2 years ago

Portions of the financial statements for Peach Computer are provided below.

mamaluj [8]

Answer:

$128,100

Explanation:

PEACH Computer

Statement of cash flow using direct method for the year ended 31 December 2018.

Cash flows from operating activity

Net income. $91,000

Adjustment to reconcile net income to net cash from operations

Depreciation expense. $47,000

Changes in working capital

Decrease in accounts re. $4,200

Increase in inventory. ($18,500)

Decrease in prepaid rent $1,700

Increase in accounts Payable $6,500

Decrease in Income tax Payable ($3,800)

Net cash flow from operating activities

$128,100

4 0

4 years ago

Amy and Mitchell share equally in the profits, losses, and capital of the accrual basis AM Products LLC. Amy is a managing membe

kvv77 [185]

Answer:

Amy's basis at beginning = $1,215,000

Amy's ending basis = $1,599,625

Explanation:

As per the data given in the question,

Amy's capital basis at beginning :

Beginning capital balance = $900,000

Amy's share in amount debt = $315,000

Amy's basis at beginning = $900,000+$315,000 = $1,215,000

Amy's ending basis :

Beginning capital balance = $900,000

Taxable income = $1,080,000 × 50% = $540,000

Interest income = $10,800 × 50% = $5,400

Net short term capital gain = ($27000 - $9000) × 50% = $9,000

Total = $1,454,400

Charitable contribution = $10,850 × 50% = $5,425

Cash distribution to Amy = $54,000

Total = $1,454,400 - $5,425 - $54,000 = $1,394,875

Amy's share of debt = $409,500 × 50% = $204,750

Amy's ending basis = $1,394,875 + $204,750 = $1,599,625

8 0

3 years ago

Assume you are in the business of producing and selling milkshakes. If you could produce more milkshakes with the same input, wh

poizon [28]

Answer:

Both increases

Explanation:

Suppose a person initially produces and sell some amount of milkshakes with the available resources.

But, if he will be able to produce and sell more quantity of milkshakes with the same level of resources then this will indicates that there is a rise in the productivity of this person and if the number of milkshakes sold increases then as a result profits increases at a same price level.

For Example:

Case 1:

Initially,

Person producing and selling = 20 units of milkshakes at a selling price of $10 each and cost of inputs used in the production = $50

Therefore, Profits = Total revenue - Total cost

= (20 units × $10 each) - $50

= $200 - $50

= $150

Case 2:

Now, we assumed that there is an increase in the productivity of this person. Cost of production and selling price of each milkshake remains the same.

Person producing and selling = 40 units of milkshakes at a selling price of $10 each and cost of inputs used in the production = $50

Therefore, Profits = Total revenue - Total cost

= (40 units × $10 each) - $50

= $400 - $50

= $350

Hence, there is an increase in the profits from $150 to $350.

6 0

3 years ago