Answer:
C. $258,000.
Explanation:
The computation of the net income reported is shown below:
= Gambling winnings - Travel costs - Office expenses - Supplies - Business long-distance phone charges
= $275,000 - $8,000 - $5,000 - $3,000 - $1,000
= $258,000
For computing this we ignored the illegal cost related to the illegal parking and the illegal information
Answer:
Decreases by 50 percent
Explanation:
The law of supply asserts that other things remaining constant, the quantity of goods and services supplied increases as price rises. Therefore, the price and quantity supplied are directly related. Should the price fall, the quantity supplied will also decrease. Producers will prefer to supply more when the price is high to make more revenue.
The supply curve is upward sloping indicating how quantity supplied changes at different price levels. In the case, the price has decreased from $4 to $2, which represents a 50 percent drop. The quantities supplied will decrease as per the law of supply. A 50 percent decrease may result in a similar decrease in quantity supplied as the supply curve is upward sloping.
Answer: Vertical integration
Explanation:
vertical integration is simply a situation whereby an organization's or company's supply chain is owned by that organization or company.
Therefore, being less dependent on suppliers and making profits on both parts and the final product are advantages of vertical integration.
Answer:
B: In general, people are honest
Explanation:
This is because<em> business ethics</em> is the study of appropriate business policies and practices regarding potentially controversial subjects including corporate governance,<u> insider trading, bribery, discrimination</u>, corporate social responsibility, and fiduciary responsibilities.
Answer:
C. government budget deficits.
Explanation:
In the case when there is a very less inflation rate at the time of recession period so it would be considered as a government budget deficit as the revenue would be reduced during the recession time and at the same time the cost would be rised
Therefore as per the given situation, the option c is correct
And, the rest of the options would be considered as incorrect
