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Assoli18 [71]
3 years ago
12

Level of education and income earned are generally_

Business
1 answer:
ivanzaharov [21]3 years ago
4 0
Hi there

The Connection Between Education<span>, </span>Income<span> Inequality, and Unemployment. ... Basically, the higher the </span>education level<span>, the higher the </span>income<span>. For example, people with professional degrees </span>earned<span> 6x as much as people who did not graduate from high school (in 2009: $128,000 vs. $20,000).
</span>
i hope this helps.
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BE18.8 (LO 2) Presented below are three revenue recognition situations. a. Groupo sells goods to MTN for $1,000,000, payment due
dem82 [27]

Answer:

a. Groupo sells goods to MTN for $1,000,000, payment due at delivery.

  • transaction price = $1,000,000
  • revenue recognized once the goods are delivered

No journal entry is required until goods are delivered and accepted.

b. Groupo sells goods on account to Grifols for $800,000, payment due in 30 days.

  • transaction price = $800,000
  • revenue recognized immediately since goods were already delivered

The journal entry:

Dr Accounts receivable 800,000

    Cr Sales revenue 800,000

c. Groupo sells goods to Magnus for $500,000, payment due in two installments, the first installment payable in 18 months and the second payment due 6 months later. The present value of the future payments is $464,000.

  • transaction price = $480,000
  • revenue recognized immediately since goods were already delivered

The journal entry:

Dr Notes receivable 500,000

    Cr Sales revenue 480,000

    Cr Discount on notes receivable 20,000

8 0
3 years ago
What is the starting salary of a novel author or novelist? it's for a project.​
jenyasd209 [6]

Answer:

The average one is $49,046. Found it online.

3 0
2 years ago
The following transactions apply to Ozark Sales for Year 1:
attashe74 [19]

Answer:

Current liabilities: Accounts payable$130,000

Sales tax payable 8,800

Warranty Payable 4,000

Interest payable 667

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2 years ago
On May 1, Year 1, Benz’s Sandwich Shop loaned $18,000 to Mark Henry for one year at 9 percent interest. Required a. What is Benz
ehidna [41]

Answer:

a) $1080

b)$19080

c) Loan given | -$18000

d)$540

e)$19620

f)loan | 18000

Interest received | $1620

g)  $1620

Explanation:

a) Year 1 : a) Interest income = $18000*9%*8/12 = $1080

b) The total receivable at december 31,Year = 18000+1080 = $19080

c)  Year 1  :Statement of cash flow

Loan given | -$18000

d) Interest income Year 2 = $18000*9%*4/12 = $540

e) Total cash collect in 2017 = $18000+$1080 + $540 = $19620

f) Cash flow from investing activities :

           loan | 18000

           Interest received | $1620

g)Total interest earned = 18000*9% = $1620

7 0
3 years ago
Justin and Edwardo were hired by the same network support firm. One year later, Edwardo receives a promotion to team leader. Jus
alexira [117]

Answer:

Team skills

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Team skills are the qualities that enable one to work well with colleagues in projects and other collaborations. Having teamwork skills gives one the ability to work amicably with fellow workers, superiors, and clients.

Teamwork involves assisting the team in achieving its objectives quickly and efficiently. Employers favor employees who can lead a well-gelled team. Eduardo got the promotion because he was better with the team.

Some qualities of teamwork skills include.

  1. Communication skills
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