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poizon [28]
2 years ago
15

Understanding how income is distributed within and across populations informs firms of different groups':_____.

Business
1 answer:
LuckyWell [14K]2 years ago
4 0

Understanding how income is distributed within and across populations informs firms of different groups purchasing power.

This is further explained below.

<h3>What is purchasing power.?</h3>

Generally, The buying power of a certain currency is defined as the number of goods and services that can be acquired by spending a specific amount of that money.

For illustration purposes, in the 1950s, if one went to a store with one unit of cash, they would have been able to buy whatever was on the shelf.

Income: money that is earned, often on a regular basis, as a direct or indirect consequence of one's job or investing activities.

In conclusion, Firms need to have an understanding of the distribution of income both within populations and between populations in order to determine the buying power of various groups.

Read more about purchasing power.

brainly.com/question/14892961

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Yard Designs (YD) experienced the following events in 2018, its first year of operation:
Natasha_Volkova [10]

Answer:

a)

    assets                            =            liabilities              +         equity

    cash                                      deferred revenue             retained earnings

1)   $40,800                               $40,800

<u>2)   $0                                         -$,6800                              $6,800                 </u>

    $40,800                               $34,000                              $6,800

     revenues           -          expenses     =         net income         cash flows

1)       $0                                  $0                            $0                   $40,800 OA

<u>2)   $6,800                             $0                        $6,800                   $0       OA</u>

     $6,800                             $0                        $6,800                $40,800 NC

b) Yard Designs

Income Statement

For the year ended December 31, 2018

Revenues           $6,800

<u>Expenses               $0     </u>

Net income        $,6800

Yard Designs

Balance Sheet

For the year ended December 31, 2018

Assets:

Cash $40,800

Total assets                                 $40,800

Liabilities:

Deferred revenue $34,000

Equity:

Retained earnings $6,800

Total liabilities and equity             $40,800

Yard Designs

Statement of Cash Flows

For the year ended December 31, 2018

Cash flows from operating activities:

Net income                                         $6,800

Adjustments to net income:

  • Increase in deferred revenue <u>$34,000</u>

Net cash flow from operating act.   $40,800

Cash flows from investing activities:       $0

Cash flows from financing activities:       $0

Net increase in cash                         $40,800

Initial cash balance                           <u>          $0</u>

Ending cash balance                        $40,800

c) $34,000

5 0
3 years ago
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,460,000, and the December 31, 2016, balance sh
victus00 [196]

Answer:

- $140,000

Explanation:

The Cash flow to creditors = Interest paid - Net new borrowing

                                           = Interest paid - (Ending Long term debt - Beginning Long term debt)

                                         = $100,000 - ($1,700,000 - $1,460,000)

                                         = $100,000 - $240,000

                                         = - $140,000

Therefore, the cash flow to creditors is - $140,000.

4 0
3 years ago
Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he earned a total of $4,540. The F
love history [14]

Answer:cheating is

Explanation:bad

3 0
2 years ago
What can you bring to our police department to make you a valuable asset to us?
Serjik [45]
Videotapes, Physical evidence (something with possible DNA), Pictures.
8 0
3 years ago
A food manufacturer reports the following for two of its divisions for a recent year.
Over [174]

Answer and Explanation:

1. Return on investment is

= Operating Income ÷ Average invested Assets

here, average invested assets is

= (Invested assets, beginning + Invested assets, ending) ÷ 2

For Beverage Division

= $349 ÷ (($2,662 + $2,593) ÷ 2)

= $349 ÷ $2,628

= 13.28%

For Cheese Division

= $634 ÷ (($4,455 + $4,400) ÷ 2)

= $634 ÷ $4,428

= 14.32%

2. Profit margin = (Operating income ÷ sales) × 100

For Beverage Division

= ($349 ÷ $2,681) × 100

= 13.02%

For Cheese Division

= ($634 ÷ $3,925) × 100

= 16.15%

3. Investment turnover = Sales ÷ Average Operating Assets

For Beverage Division

= $2,681 ÷ (($2,662 + $2,593) ÷ 2)

= $2,681 ÷ $2,628

= 1.02 times

For Cheese Division, it would be

= $3,925 ÷ (($4,455 + $4,400) ÷ 2)

= $3,925 ÷ $4,428

= 0.89 times

6 0
3 years ago
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