1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
n200080 [17]
3 years ago
15

If Expenses are greater than income, you have a surplus

Business
1 answer:
Hunter-Best [27]3 years ago
6 0
False. It's called net income.
A <em>surplus</em> is when your income exceeds your expenses.
You might be interested in
An example of communicating category membership by relying on the product descriptor is ford's positioning of its freestyle auto
hoa [83]
That statement Is true

In marketing, product descriptor refers to a structured format that displayed some information about a specific product.
In this case, ford tried to create a unique product descriptor such as "sports wagon" to tell its consumers that their product has the characteristic of a sport and a wagon
7 0
4 years ago
What 3 factors affect the return on savings account
statuscvo [17]

Answer:

The choice between consumption in the present and consumption in the future, perception of a close correlation between current income and consumption, and the smoothing of consumption over time as deriving from its comparison to the income which the individual would perceive as his/her permanent income.

7 0
4 years ago
Match each type of tax with its correct description.
Masja [62]

Answer:

1. Medicare tax.

2. Local income tax.

3. Federal income tax.

4. Social Security tax.

5. State income tax.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The various type of tax with their correct description are;

1. Medicare tax: it is used to support healthcare costs for retired workers. An example is the Affordable Care Act (ACA) which became effective on the 23rd of March, 2010 and it's focused on making affordable health insurance available to qualified people or households through cost-sharing reductions and premium tax credits (subsidies).

2. Local income tax: it is collected by town, school district, counties and cities to fund city or community programs.

3. Federal income tax: it is collected from most workers, who pay up to 39.6 percent of their earnings. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

4. Social Security tax: it is used to provide financial support to retired and disabled workers. In the United States of America, the Social Security Administration (SSA) adopted the Old-Age, Survivors, and Disability Insurance (OASDI) program to support retired and disabled workers.

5. State income tax: it is collected from workers in most states to fund their budget and the rate differs from state to state.

9 0
3 years ago
Strong leadership does not develop overnight. for a company like hp which is rebuilding from the ground up in some areas, the to
maksim [4K]
Strategists have three options at their disposal to drive firm growth: organic growth through internal development, or external growth through alliances or acquisition. In this article, HP’s CEO explicitly states that HP’s strategic path forward includes organic growth through internal development, specifically <span>through research and development.
(Build)   I hope this helps.</span>
6 0
3 years ago
When an economy is operating efficiently, the production of one more unit of a good will result in some loss of production of an
s344n2d4d5 [400]

Answer:

a) resources are limited and efficiency implies that all resources are already in use

Explanation:

If production is efficient, it means that the economy is producing on the production possibility frontier and all resources are in use.

To produce one unit of a good, the economy has to forgo producing one unit of the other good.

I hope my answer helps you.

3 0
3 years ago
Other questions:
  • Rx Corp. stock was $60.00 per share at the end of last year. Since then, it paid a $1.00 per share dividend last year. The stock
    14·1 answer
  • JG Asset Services is recommending that you invest $1,500 in a 5-year certificate of deposit (CD) that pays 3.5% interest, compou
    15·1 answer
  • When the Federal Reserve aska for more money to be printed, which of the
    10·2 answers
  • What type of government are prices set by the government
    10·1 answer
  • This morning, you borrowed $150,000 to buy a house. The mortgage rate is 7.35 percent. The loan is to be repaid in equal monthly
    15·1 answer
  • The campus barber faces stiff competition from the large number of shops that surround the campus area, and for all practical pu
    12·1 answer
  • Jennifer received news that she is getting a 5% raise. However, the Bureau of Labor Statistics just reported that prices are ris
    12·1 answer
  • What assumption is made with supply-side economics?
    11·2 answers
  • Jawwal Research &amp; Development has been going through a rough patch lately. Turnover has been high and employee morale is at
    6·1 answer
  • What do you mean by agriculture expert??
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!