All categories

3 years ago

An increase in the standard of living results from an increase in which of the following?

Business

2 answers:

AleksAgata [21]3 years ago

8 0

Answer:

Income and employment.

Explanation:

The increase in the quality of life of the people of a country occurs when, compared to an earlier time, people are in a better financial situation that can provide greater access to goods and services. This is the result of improvements in the labor market and consequently income. When the economy is in a boom, labor productivity increases and more jobs are generated. Many of them with better compensation opportunities. This effect across society increases income and thus people's average standard of living. Therefore, the correct answer is income and employment.

Alenkinab [10]3 years ago

7 0

Income and employment.

Standard of living is the level of wealth and comfort available to individuals.

You might be interested in

Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $

VLD [36.1K]

Answer:

Chiquita makes an economic profit of $250,000.

5 0

3 years ago

The firm receives an average of $20,000 in checks per day. The weighted average delay in clearing the checks received is 3 days.

katrin [286]

Answer:

$26000

Explanation:

from the question;

check per day; 20000

delay: 3 days

checks to pay suppliers; 17000

clearing time 2 days

we first calculate collection flaot:

collection flaot = average amount of check x outstanding days

= 20000 x 3

= 60000

now we have to calculate disbursements float:

average amount of check x days to clear

= 17000 x 2

= 34000

with these two values we can get the net float

= collection flaot - disbursements float

= 60000 - 34000

= $26000

5 0

3 years ago

John discovered his company's accountant was "skimming" money from the business. The accountant agreed to pay John a one-time pa

Pani-rosa [81]

Answer:

There are no options listed, but what I can tell you for sure is that John's actions were both unethical and illegal.

What John did is unethical because it is not moral and it goes against all the principles that guide professional conduct. John also did something illegal because he was an accomplice in committing fraud against the company. He knowingly benefited from the accountant's illegal actions, and that is basically the legal definition of an accomplice to a crime.

8 0

3 years ago

A company maintains its records using cash-basis accounting. During the year, the company received cash from customers, $32,000,

Virty [35]

Answer:

net income cash-basis 8,000

income accrual-basis 7,900

Explanation:

cash revenues 32,000

salaries expense (24,000)

net income cash-basis 8,000

sales for the period:

beginning AR + sales - collected = ending AR

3,000 + sales - 32,000 = 5,500

sales = 34,500

salaries expense:

beginning salaries payables + salaries - paid = ending salaries payable

3,100 + salaries - 24,000 = 5,700

salaries 26,600

revenues 34,500

salaries (26,600)

income accrual-basis 7,900

3 0

3 years ago

Read 2 more answers

________ allows you to earn money while taking care for your own children. PLEASE HELP ASAP! WILL GIVE CROWN...

Svetradugi [14.3K]

Is there any answer choices?

3 0

3 years ago

An increase in the standard of living results from an increase in which of the following?​

An increase in the standard of living results from an increase in which of the following?