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LiRa [457]
10 months ago
12

Why do you think average income is an important criterion for development explain.

Business
1 answer:
oee [108]10 months ago
7 0

Average income is important because it tells us the income of an average person and gives an idea about the rising standard of living of people.

Average income is basically income earned per person in a given area in a specific year. More income means more money to fulfill your needs and wants. It is believed that the prosperity of a country depends on it. Money is considered an important factor in the development of a country. If the average income of a country increases there are chances of an increase in the development of that country. If the average income is lower there are fewer chances of development.

A country with high average income is considered rich and low average income country is considered poor. The World Bank also uses the average income to measure the development of any country. Therefore average income is considered a very important criteria for development.

You can learn more about average income at

brainly.com/question/15046941

#SPJ4

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To persuade my audience that colleges should adhere to stricter standards when investigating and deciding cases of sexual assaul
Elodia [21]

To persuade my audience that colleges should adhere to stricter standards when investigating and deciding cases of sexual assault on campus is a specific purpose statement for a persuasive speech on a question of Value .

Option E

<u>Explanation: </u>

A persuasive speech is a particular speech where the speaker tries to convince the listener to support its views. The presentation is so structured that the viewer will potentially embrace all or part of the views expressed.

Convincing remarks on important issues require other acts but do not call for action. Convincing meaning terms depend on an evaluation of whether something is correct or incorrect, moral or immoral, or greater or worse than anything else.

The following proposals: truth, meaning and strategy require convincing speeches. Valuable ideas rely on persuading a group that there is something "good or bad," "just," or "wishful or unwelcome," or "right or wrong." "This is the correct way of thinking.

4 0
3 years ago
Anna is a forensic scientist who still uses the methods used by Dr. Leone Lattes. How is this MOST likely demonstrated in Anna’s
Nikolay [14]
A is the answer took the test
4 0
2 years ago
_____, which are websites that provide virtual communities in which people with shared interests can communicate, are common sou
masha68 [24]

Answer:

B) Social networking sites

Explanation:

5 0
2 years ago
Required information
Triss [41]

Answer:

1. Ending inventory = $3519

2. Cost of Goods Sold = $21030

3. Sales Revenue = $27279

4. Gross Profit = $6249

Explanation:

FIFO method of inventory valuation is whereby the stock that first comes into the business, leaves first. This is common in perishable inventory such as vegetables or fruits.

Jan 1. Beginning inventory: 53 units x $45 = $2385

Total

53 units x $45 = $2385

Apr 7. Purchase 133 units x $47 = $6251

Total

53 units x $45 = $2385

133 units x $47 = $6251

Jul 16. Purchase 203 units x $50 = $10150

Total

53 units x $45 = $2385

133 units x $47 = $6251

203 units x $50 = $10150

Oct 6. Purchase 113 units x $51 = $5763

53 units x $45 = $2385

133 units x $47 = $6251

203 units x $50 = $10150

113 units x $51 = $5763

1. Ending inventory = 502 - 433 = 69 hence,

69 units x $51 = $3519

2. Cost of Goods Sold =

[$2385 + $6251 + $10150 + (44 units x $51)] = $21030

OR $24549 - 3519 = $21030

3. Sales Revenue =

433 units x $63 = $27279

4. Gross Profit = Sales Revenue - Cost of Goods Sold hence,

$27279 - 21030 = $6249

4 0
3 years ago
Winter Company earned revenues of​ $150,000 in cash and​ $200,000 on account during 2018. Of the​ $200,000 on​ account, $63,000
ICE Princess25 [194]

Answer:

$235,000

Explanation:

Under the accrual accounting system, expenses are recognized in the period incurred and not necessarily in the period cash is paid.

Revenue is also recognized in the period earned and not necessarily when cash is collected.

Total revenue in 2018 = $200,000 + $150,000

= $350,000

Net income is the difference between the revenue and expense

Net income in 2018 = $350,000 - $115,000

= $235,000

8 0
3 years ago
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