Answer:
The purpose of having a minimum wage is to guarantee that workers are paid fairly and not exploited.
Answer:b
To prepare an income statement, you will need to generate a trial balance report, calculate your revenue, determine the cost of goods sold, calculate the gross margin, include operating expenses, calculate your income, include income taxes, calculate net income and lastly finalize your income statement with business details and the reporting period.
If you can't find the time to make one from scratch, there are templates that can be used to help.
gross margin : the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.
net income : net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.
Answer:
Explanation:
4 worries about Bold and Best (BB) are:
- Demand for BB may fall in the next few years, as customers are now less interested in purchasing BB or there is another substitute product for BB which is available in the market.
- Input costs/Production cost for BB may rise in the next few years, may be because of shortage of raw materials.
- The decline in BB sales may affect Baldwin's profitability as a whole because BB's revenue is currently the largest portion of the total revenue.
- Real purchasing power of customers fall because of a rise in expected inflation in the economy, which will lead to a fall in sales of BB.
<span>This reduction in taxes serves as a "direct" incentive to buy a house.
</span>There are direct incentives and indirect incentives, the difference between them are;Direct incentives are generally simple to perceive/aftereffect of an activity – Firm brings down the gas cost to pull in more clients and Indirect incentives are the hidden outcome of the move made – Pollution is a result of the expanded amount requested.
Spending that goes into our national debt. Debt spending.
