Answer: 12,000
Explanation:
Given that,
Stockholder's equity at the beginning of the year = 70,000
Stockholder's equity at the end of the year = 60,000
Dividends = 22,000
Net Income = Ending Balance + Dividends - Beginning Balance
= 60,000 + 22,000 - 70,000
= 12,000
Therefore, the net income for the year was 12,000.
The appropriate response is Method. It speaks to how crude materials are framed, formed, and held together. Frequently there are numerous techniques to finish the framing of a section. Both the materials and plan prerequisites drive the determination of the strategies.
Answer:
Option D is correct.
All of the above.
Explanation:
In the government sector, there is:
a. nothing comparable to profit and loss that will weed out inefficient activities.
b. nothing comparable to bankruptcy that will bring inefficient programs to a halt.
c. a strong incentive for managers of government agencies and enterprises to expand the size of their government funding.
If the world price of the product is $30 and a tariff of $30 per unit is applied to imports of the product, then the tariff would generate government revenues of $50; 200.
Tariffs increase the price of goods and services in the domestic market by imposing a tax on imported goods owed by the domestic importer. To cover the increased costs, domestic importers charge higher prices for goods and services.
There are four types of tariffs: ad valorem, specific, compound and tariff rate. The main purpose of tariffs is to protect domestic industries, local jobs, and national security, and to retaliate against tariffs imposed by other countries.
Learn more about tariffs at
brainly.com/question/26923792
#SPJ4
