Answer:
False
Explanation:
The margin on price refers to a percentage by taking a difference between the gross profit and the selling price
Here gross profit comes by
= Selling price - cost price
Now in the cost price we added some markup percentage i.e most probably equivalent to the retail price
Hence, the given statement is false
Answer:
B. The country is in economic decline.
Explanation:
The economic growth rate is determined by the percentage change in real GDP per capita at the end of a period. Real GDP refers to the total value of all products and services produced in an economy after adjusting for inflation. Reals GDP helps compares economic growth in different seasons to identify the direction of economic growth.
If the population is growing, but the real GDP is constant, it means that real GDP per capita is decreasing. Real GDP is capital is calculated by dividing real GDP by the population. Therefore, real GDP per capita is the measure that determines actual economic growth in a country. An increase in real GDP signifies that people's standard of living is increasing. Real GDP per capita is the GDP per individual in a country. For there be economic growth, real GDP growth must match or be greater than the population growth.
Answer:
calculate the ending balance.$1200
Explanation:
Cash account
<u> Deb Cre
</u>
Receive cash from customers 16400
Pay cash for employee salaries 10400
Pay cash for rent 4400
Receive cash from sale of equipment 9400
Pay cash for utilities 2400
Receive cash from a bank loan 5400
Pay cash for advertising 8400
Purchase supplies on account 4400
31200 30000
ending balance 1200
The best way to characterize David's agency relationship is:
- D. David is a special agent since he is only responsible for one property at a time with limited duties.
<h3 /><h3>Who is an Agent?</h3>
This refers to a person who represents another person and their interests when dealing with the buying or selling of property.
With this in mind, we can see that because David is a licensed agent, he represents homeowners but has limited authority when working with clients and his agency relationship is one that he is a special agent since he is only responsible for one property at a time with limited duties.
Read more about house agents here:
brainly.com/question/7322980