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Nostrana [21]
3 years ago
5

1. In the economic system workers and businesses are both __ and __.

Business
2 answers:
Annette [7]3 years ago
6 0

3. Risk aversion. Being risk averse means you prefer to stay away from risky investments like stocks or gambling.

mel-nik [20]3 years ago
4 0

hard work and good job well done

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York Casting Services started the year with total assets of $110,000 and total liabilities of $50,000. The revenues and the expe
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Answer:

Net income:                             $

Revenue                             140,000

Expenses                            (50,000)

Dividend paid                    <u> (70,000)</u>

Net income                        <u> </u><u>20,000</u><u>   </u>      

Net income is the amount of increase in stockholders' equity.                                                          

Explanation:

Net income is the excess of revenue over expenses and dividend. A positive net income increases the stockholders' equity. Common                                                                                                                                                      stockholders are legal owners of a company, thus, any income not distributed as dividend increases their equity.                                                            

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