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1 year ago

An increase in revenues increases net income, and net income increases stockholders’ equity. True or false?.

Business

1 answer:

Mandarinka [93]1 year ago

8 0

The answer is True, An increase in revenues increases net income, and net income increases stockholders' equity

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Wilma's Widgets had net sales of $ 20,882,696 in 2010. The cost of goods sold was $ 13,765,751 , operating expenses (excluding d

Andrei [34K]

Answer:

Wilma's Widgets will report $3,880,749.00 as earnings before interest and taxes (i.e., operating profit) in 2010

Explanation:

Earnings before interest and tax= net sales-cost of goods sold-operating expenses-depreciation

net sales is $20,882,696

cost of goods sold is $13,765,751

operating expenses are $2,014,441

depreciation is $1,221,755

earnings before interest and tax=$20,882,696- $13,765,751- $2,014,441-$1,221,755=$3,880,749.00

7 0

2 years ago

Which of the following explanations resolve the Leontief paradox?a. Leontief assumed that U.S. and foreign technologies were the

mafiozo [28]

Answer:A. Leontief assumed that U.S. and foreign technologies were the same, while the Heckscher-Ohlin model assumes they are different

B. Leontief ignored land abundance in the United States

D. Leontief’s test distinguished between skilled and unskilled labor, but ignored capital.

Explanation:Leontief paradox is a Russian-American economist, his work was based on the work of Wassily W. Leontief he attempted to test the Heckscher–Ohlin theory ("H–O theory") empirically.

in economics tries to explain that a country with a higher capital per worker has a lower Capital per labor ratio in export than when compared to Import.

LEONTIEF IGNORED THE ABUNDANCE OF LAND IN MAKING HIS ASSUMPTIONS

HE ALSO CLASSIFIED THE U.S TECHNOLOGY AND OTHERS AS THE SAME WHICH IS NOT IN LINE WITH THE H-O MODEL ASSUMPTION.

LEONTIEF THEORY IGNORED CAPITAL DURING HIS TEST.

8 0

3 years ago

An employee is given a formal written warning for an offense he has committed. Despite this, he proceeds to commit another offen

galben [10]

Answer:

temporary suspension and maybe an Improvement Plan.

Explanation:

Based on the scenario, if the company has adopted a progressive discipline program then the according response would be a temporary suspension and maybe an Improvement Plan. This is because a progressive discipline program follows the following steps accordingly.

1) Verbal Counseling. The first step in a progressive discipline process is to merely have a conversation with the employee. ...

2) Written Warning. The second step should be another conversation that is documented in a written format. ...

3) Employee Suspension and Improvement Plan. ...

4) Termination.

Seeing since step 2 has already been done the next course of action would be step 3.

6 0

3 years ago

Read 2 more answers

Brandon has completed the first draft of his business report and is in the third phase of the writing process, revision. what sh

Dmitry [639]

The phase 3 of a business report is the revision phase.
The revision phase involves revising, proof reading and evaluation.
In this phase, improving the content and sentence structure of the report, correcting the grammer, spelling, punctuation, and format of the report and adding, cutting, and recasting what has been written.

Therefore, the correct answer to the question is äll answer choices are correct".

3 0

3 years ago

What is a normal good? a. A good whose demand increases when income decreases b. A good whose demand decreases when income

4vir4ik [10]

Answer:

. A good whose demand decreases when income decreases

Explanation:

A normal good is a product whose demand increases as consumers' income increases. The demand may also increase as economic conditions in the country improve. Similarly, when income decrease, the demand also declines.

As people income increase, the purchasing power increase. They prefer more costly goods than give them more satisfaction. Increased income tends to make consumers abandon goods that offer less utility. Normal goods tend to be associated with customers in high-income.

4 0

3 years ago