There are three (3) types of income: Earned Income, Portfolio Income and Passive Income.
Earned Income - a type of income that is generated through work (e.g. salary)
Portfolio Income - These income are somewhat called "capital gains" because it is where the state gets salary taxes. This type of income is generated through selling investments in a higher price that you paid.
Passive Income - This type of income is generated through your assets that you have created. Like for instance, you bought a house and let it rent to earn an income.
Answer:
$3.68 million
Explanation:
Reserve Ratio = 8%
Reserves are currently = $25 million
Amount of deposits = $ 312.5 million
Deposit outflow = $4 million
Remaining Deposits = Amount of deposits - Deposit outflow
= $ 312.5 million - $4 million
= $308.5 million
Current Required Reserve after outflow of deposits(CR):
= $25 million - $4 million
= $21 million
Therefore,
Shortage of Reserve = CR - (Remaining Deposits × Reserve Ratio)
= $21 - ($308.5 × 0.08)
= $21 - $24.68
= -($3.68)
Therefore, the reserve shortage created by a deposit outflow of $4 million is $3.68 million
Answer:
Passengers Revenue
<h3>
Explanation:</h3>
- Passenger revenue means those monies wherever paid by passengers who are to embark at any U.S. port for water transportation and all other accommodations, services, and facilities relating thereto.
- Revenue passenger miles are calculated by multiplying the number of paying passengers by the distance traveled.
To learn more about passengers revenue, refer
to brainly.com/question/25534066
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Answer:
b.$1,375,000
Explanation:
Dunn Company's
Allowance for uncollectible accounts $1,500,000
Less Accounts receivable expected to be Uncollectible $125,000
Net Realizable value of account receivable $1,375,000
Therefore the net realizable value of accounts receivable after adjustment will be $1,375,000
Answer:
60 pizzas
40 pizzas
Explanation:
Marginal product measures the change in output as a result of a change in input by one unit
Marginal product = change in output / change in input
Marginal product for the 4th worker
Change in output = 360 - 300 = 60 pizzas
Change in input = 4 - 3 = 1 worker
Marginal product = 60 / 1 = 60
Marginal product for the 5th worker
Change in output = 400 - 360 = 40 pizzas
Change in input = 5 - 4 = 1
Marginal product = 40 / 1 = 40
It can be seen that marginal product decreased from 60 to 40 when the 5th worker was added. This illustrates diminishing marginal returns.
The law of diminishing returns says as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.
