The net income of the company available for the month of September is $166,300.
<h3>What do you about net income?</h3>
Net income refers to the quantity of accounting income an organization has left over after paying off all its expenses. Net income is observed via way of means of taking income sales and subtracting COGS, SG&A, depreciation, amortization, hobby expense, taxes, and every other expense.
<u>Calculation of Net income:</u>
Service revenue $330,000
Less: Rent expense $63,000
Utilities expense $4,700
Salaries expense $96,000
Net Income $166,300
Therefore, The net income of the company available for the month of September is $166,300.
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Answer:
$10 trillion
Explanation:
The quantitative theory of money (QTM) states that MV=PT, but we can say that the value of transactions (T) is equal to the GDP (Y). So, MV=PY
M=Money Supply
V=Velocity of money
P= Price level
Y= Real GDP
We use this formula to find M (We use $10 trillion because it is the real GDP, the nominal is not accurate because it has immerse price level changes which overvalues GDP)
M=PY/V
M=2*$10 trillion/2
M=$ 10 trillion
Answer:To allocate scarce goods and resources, a market economy uses non-price rationing preferential treatment price rationing . this means that individuals will get the goods and services if they have the ability to pay meet the government's requirements stand in line at the store.
Explanation: hope this helps u! (:
Answer:
D. Society and its individuals have unlimited wants.
Explanation:
Economics can be defined as the study of how to use scarce or limited resources to meet the unending needs and wants of the consumers.
One of the basic principles of economics is that society and its individuals have unlimited wants because humans are generally insatiable. Therefore, we are left with the option of choosing (choices) because we cannot have all that we desire or want and the resources used to meet the demands are scarce or limited.
Generally, Economics can be classified into two (2) categories, namely;
1. Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
2. Microeconomics can be defined as the study of the effect of price and quantity levels through interactions between individual buyers and sellers in various markets.
Hence, it is focuses on analyzing or evaluating the decisions of consumers (buyers) and those of firms (sellers) such as methods of production, pricing; and the manner in which government policies affect those decisions.
Answer:
c. Sprint Goal, Sprint Backlog
Explanation:
Sprint planning is the first event in which the task is to be done when there is a planning of the sprint. here the meeting is to be conducted where the scrum master, owner of the product, the developing meet.
After Brainstorming, the sprint goal is to be established at the time when the first half of the planning is to be done. In the second half, the sprint backlog is established which would be taken for accomplishing the sprint plan
Hence, the correct option is c.