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Readme [11.4K]
3 years ago
14

Pat earns $25,000 per year (after taxes), and Pat's spouse, Chris, earns $35,000 (after taxes). They have two pre-school childre

n. Childcare for their children costs $12,000 per year. Pat has decided to stay home and take care of the children. Pat must:
A. value spending time with the children by more than $25,000.

B. value spending time with the children by more than $12,000.

C. value spending time with the children by more than $13,000.

D. value spending time with the children as much as does Chris
Business
1 answer:
Talja [164]3 years ago
5 0

Answer:

C. Value spending time with the children by more than $13,000.

Explanation:

Given that Pat earns $25,000 per year after taxes and the childcare costs $12,000 per year, the value of spending time with with the children will be more than $13,000. If Chris becomes a stay at home parent, the value would have been $23,000 as $12,000 will be paid for the childcare. The amount is calculated by finding the difference between the earnings and childcare costs.

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Consider the following list of accounts:
elena-s [515]

Answer:

C) Six.

Explanation:

As we already know that

The expenses, assets, losses, dividend contains a debit balance while on the other hand, the liabilities, revenues, revenues, gains, stockholder equity contains credit balance

If there is an increase in a debit balance account then it always shown in the debit side itself and vice versa

And, the same is applied for credit balance  

Therefore, the accounts which have a  normal debit balance are cash, utilities expense, salaries expense, account receivable, equipment, and the dividend

5 0
3 years ago
A market structure where only two business dominate the market​
Elza [17]

Answer:

A duopoly

Explanation:

A duopoly is a form of oligopoly, where only two companies dominate the market. The companies in a duopoly tend to compete against one another, reducing the chance of monopolistic market power. Visa and Mastercard are examples of a duopoly that dominates the payments industry in Europe and the United States.

8 0
2 years ago
Read 2 more answers
When considering the presentation of a retail store, which elements largely contribute to the visual experience for a consumer?.
Inga [223]

When considering the presentation of a retail store, The elements that largely contribute to the visual experience for a consumer are the store layout and atmosphere. This is further explained below.

<h3>What is a retail store?</h3>

Generally, a  retail store is simply defined as a store that is normally owned and operated by a retailer but can also be owned and operated by someone whos not a retailer and sells items primarily to end-users.

In conclusion, The retail store aims to look good as it is the last link to the consumer.

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6 0
2 years ago
Losses on the sale of long-term assets for cash:
atroni [7]

Answer: (D) Are the excess of the book value over the cash received

Explanation:

 The long term assets are mainly said to be sell in loss when, the actual selling price of the long termed investment are less than the value of the book and also the carrying value of the investment in books.

We can also find out the actual gain or loss as if cash receive are greater as compared to the assets vale of the book, then it is said to be gain. If cash receive are less as compared to the assets value of the book, then it is said to be loss.

5 0
3 years ago
ECONOMICS PLEASE HELP TIMED!!!
maxonik [38]

Answer:

A price Floor

Explanation:

The minimum wage is a price floor. The minimum wage is a price below which you cannot sell labor, and the suppliers of labor exceed the buyers of labor.

3 0
3 years ago
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