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3 years ago

Given that Monika's income exceeds her expenditures, Monika is best described as a

Business

1 answer:

Ugo [173]3 years ago

7 0

Answer: A - saver or as a supplier of funds

Explanation: From the above question, Monika is a saver because her income exceeds her expenses.

In this case she saves more on a regular basis because she controls her expenses and would not allow her expenses to be more than her income.

Going further, she is also a supplier of funds as her excess funds kept in the bank is a source of funds for the bank to loan out to generate interest.

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On June 1 of Year 1, a company paid $2,400 cash to rent office space for one year beginning immediately. Based solely on this in

Neporo4naja [7]

With an assumption that the company's accounting year is same as the calender year, the income statement would show $1,000 of rent expense.

<h3>What is an income statement?</h3>

An income statement refers to a financial statement that shows a firm's income and expenditures for an accounting year.

Rent expenses = $2,400 prepaid rent / 12 months

Rent expenses = $200 per month

Rent expenses = $200 rent expense per month x 5 months (in Year 2)

Rent expenses = $1,000 rent expense

In conclusion, with an assumption that the company's accounting year is same as the calendar year, the income statement would show $1,000 of rent expense.

Read more about income statement

<em>brainly.com/question/24498019</em>

7 0

2 years ago

If the government uses tax money to pay for long-term investments such as roads or other infrastructure, what happens to the eco

coldgirl [10]

Is this a theory type of question?

If it is and if it took place under president Calvin Coolidge then taxes likely would have gone up.

If you are talking about now, then investment might go up but in order to pay for it, the government will just print more money, so that taxes shouldn't go up.

I'd pick C.

4 0

4 years ago

Read 2 more answers

The following information ($ in millions) comes from a recent annual report of Amazon, Inc.:

tino4ka555 [31]

Answer:

(a) Amazon's balance in cash at the beginning of the year is $1,085 million

(b) Amazon's total liabilities at the end of the year is $3,914 million

(d) Income before income tax for Amazon is $366 million

Explanation:

(a) Beginning cash balance = Ending cash balance - net increase in cash for the year

= $1,104 million - $19 million

= $1,085 million

(b) Total assets = Total liabilities + Total stockholders' equity

$4,417 million = Total liabilities + $503 million

Total liabilities = ($4,417 - $503) million

= $3,914 million

= $10,722 million - $2,458 million

= $8,264 million

(d) Income before income tax = Gross profit - operating expenses - other expenses

= $2,458 million - $2,062 million - $30 million

= $ 366 million

4 0

3 years ago

From the McDonalds web "There is increasing concern about obesity rates and related risks to well-being among consumers, governm

Sidana [21]

Answer:

Social responsibility

Explanation:

Social responsibility is the way a company's managers and employees view their duty or obligation to make decisions that protect, enhance, and promote the welfare and well-being of stakeholders and society as a whole.

6 0

4 years ago

What ideas of Milton Friedman are reflected in the policies of Ronald Reagan?

ArbitrLikvidat [17]

Answer:

Milton Friedman was an economist from the Chicago School who was known mainly for two ideas: the monetarist view of inflation, and his support for free market policies.

Explanation:

As previously explained, Friedman was also a promoter of free market policies, and Reagan was a president that supported free market. Friedman supported lowering taxes to corporations, the wealthy, and the middle class, reducing regulations to businesses, and signing free trade agreements or reducing tariffs.

These were all policies that Reagan supported. He managed to cut taxes and regulations. He was less succesful in promoting free trade, but his successors: George Bush Father, Bill Clinton, and George Bush Son, also supported many of the views that Milton Friedman had.

5 0

3 years ago