Answer:
b. $288,000
Explanation:
Data provided
Beginning retained earning = $256,000
Net income = $44,000
Dividend = $12,000
The computation of retained earnings balance is shown below:-
Retained earnings balance = Beginning retained earning + Net income - Dividend
= $256,000 + $44,000 - $12,000
= $288,000
Therefore for computing the retained earning balance we simply applied the above formula.
Answer:
Year Costs % Total cost Revenue Income
incurred excepted costs recognized
$'million $'million $'million $'million
2016 336 40% 420 84
2017 504 60% 630 126
Total 840 100% 1,050 210
<u>Workings</u>
1. % Total cost excepted costs
2016 = 336 / 840 = 0.4 = 40%
2017 = 504/840 = 0.6 = 60%
2. Revenue recognized
2016 = 1,050 * 40% = 420
2017 = 1,050 * 60% = 630
3. Income = Revenue recognized - Cost incurred
<h2>Answer 1</h2>
Specialization
<h3>Explanation</h3>
Specialization is when an individual specializes and masters one particular art or service. This then leads to a division of tasks within the business arena and allowing each worker to focus on a particular aspect of work. Break up of tasks allows efficiency to prevail within the business arena and hence achieve success. Division of labor therefore can prevail by ensuring specialization being practiced.
<h2>Answer 2</h2>
the combinations of two goods that can be produced if the economy uses all of its resources fully and efficiently
<h3>Explanation</h3>
Production Possiblities frontier focuses on understanding if all the resources present in the economy are implemented for the production of two goods such as consumer and capital goods, what is the trade off that will take place to produce an increased amount of one type of goods and to let go off the other type of the good. Hence the frontier is like a mirror image of Alphabet 'C'.
Answer:
A debt management company can help by analysing your situation and giving you good advice on the best debt solution to suit your needs. A debt consolidation loan may also be a good way of arranging your debt and making it easier to pay back
Explanation:
Hope this helped Mark BRAINLIEST!!!
