Answer:
Retained Earnings
Explanation:
The statement of retained earnings is prepared after preparing the income statement but before preparing the balance sheet. The reason behind this is that the statement of retained earnings is used to calculate the amount of retained earnings at the end of the period to be shown in the balance sheet.
Answer:
Option (C) is correct.
Explanation:
MUc = marginal utility obtained from product C
MUd = marginal utility obtained from product D
Pc = Price of product C
Pd = Price of product D
Therefore, a consumer will maximize his total utility at a point where the marginal utility per dollar from product C and marginal utility per dollar from product D are equal.
It is shown as follows:
The consumer is spending more on product C and less on product D if the marginal utility per dollar of product C is greater than the marginal utility per dollar of product D.
The foundation of the U.S. economic system is considered to be capitalism. Capitalism is an economy system in which capital goods are owned by private individuals or business. The production of goods and services is based on demand and supply in the general market rather than through central planning.
Answer:
The correct answer is option A.
Explanation:
Consumer spending refers to the expenditure of households on consumer goods and services. The aggregate consumer spending depends upon the disposable income of the consumer, the real interest rate, consumer optimism and wealth.
Consumer spending is positively related to disposable income, consumer optimism and wealth. The real interest rate is inversely related to consumer spending.
The answer to the question above is "the registration card" which what you must have on board when you are operating your boat on Minnesota public waters. The registration card is the sign that tells your boat is already registered in the Department of Natural Resources. The registration card is also called the DNR License Certificate.
