1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
CaHeK987 [17]
2 years ago
9

Why is net income lower than gross income?

Business
1 answer:
Rudik [331]2 years ago
4 0
Because net is after costs are taken out of gross income
You might be interested in
Antonio has $11.00 to spend on a lunch consisting of hamburgers ($1.50 each) and French fries ($1.00 per order). Antonio's satis
saveliy_v [14]

Answer: <em>$4. 71 hamburger and $6.29 French fries. </em>

Explanation:

Total spendable income of Antonio = $11.00  

1 hamburger = $1.50

1 order of French fries = $1.00

Utility maximization function: U(x1, x2) = x1x2 i.e. 1 hamburger and 2 orders of French fries

Using the Utility maximization function: U(x1, x2) = $1.50 + $2.00

                                                                                      = $3.50 per lunch  

Therefore the customer will purchase hamburger worth of $(1.50 x 11.00/3.50) = $4. 71

And French fries orders worth of $(2.00 x 11.00/3.50) = $6.29

<em>Antonio will maximize his satisfaction by purchasing $4. 71 hamburger and $6.29 French fries. </em>

3 0
3 years ago
The december 31, 2015, balance sheet of maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $9
Vitek1552 [10]

Net working capital is the difference between the Total Current Assets and Total Current Liabilities.

The December 31, 2015, balance sheet of Maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $935.

Hence, Net working capital as on December 31, 2015 shall be (1145-935) = $210


The December 31, 2016, balance sheet showed current assets of $1,360 and current liabilities of $1,035.

Hence, Net working capital as on December 31, 2016 shall be (1360-1035) = $325


So the change in the net working capital in the year 2016 shall be (325-210)= <u>$115</u>







7 0
3 years ago
An equivalent description of the holding of a receive-floating pay-fixed swap is as follows: A. An exchange of a long position i
serious [3.7K]

Answer:

The correct answer is

A)  An exchange of a long position in a fixed-rate bond for a short position in a floating-rate note.

Explanation:

Swapping a fixed interest for a floating one can occur if the fixed interest tenure in comparison to a floating exchange rate becomes less expensive for the entity who took the loan.

Also executing a swap in interest rates (that is giving up the fixed tenure for the floating tenure) helps to ensure that liabilities are kept at minimum whilst assets are maximised.

It is important to note that the capital remains unmodified.

Cheers

4 0
2 years ago
Maritz research's new vehicle customer study includes data collected over several years, and in recent years it has studied hybr
Nat2105 [25]
Catalog Bill costs account studying
6 0
2 years ago
Heather Green usually buys Heinz Catsup because she likes its taste. But this morning her local grocery was surprisingly out of
Radda [10]

Answer:

a. preference

Explanation:

As in the question it is mentioned that the heather Green normally purchased heinz Catsup as she likes the taste but she decided to purchase another brand i.e. highly advertised also it was on sale and she really needs it

So here the Heinz achieved the preference as usually she purchased the Catsup product but sh purchased another product due to high advertisement

So the preference is shifted to another product

Therefore option a is correct

3 0
3 years ago
Other questions:
  • The United Kingdom started regulating the size of grocery stores in the early​ 1990s, and​ today, the average size of a typical
    10·1 answer
  • Mary wants to purchase a 20-year bond that has a par value of $1,000 and makes semiannual interest payments of $40. If her requi
    9·1 answer
  • During the agricultural revolution, the enclosure movement caused many former serfs to move to cities in search of work and led
    7·1 answer
  • What does an investment bank do?
    11·2 answers
  • Wildhorse Corporation enters into a 6-year lease of equipment on December 31, 2019, which requires 6 annual payments of $40,100
    5·1 answer
  • The following information is available for completed Job No. 402: Direct materials, $120000; direct labor, $180000; manufacturin
    7·1 answer
  • Michele manages employees at maui tours and lodging. she has noticed that one of her employees submits via the computer system t
    5·1 answer
  • Perfect competition is characterized by Group of answer choices many buyers and few sellers. many buyers and many sellers. few b
    8·1 answer
  • Other things held constant, following an increase in the effective tax rate on capital, the real interest rate _____ and desired
    5·1 answer
  • Why do people call buildings buildings if they are already built.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!