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snow_lady [41]
3 years ago
11

What is the difference between gross pay and net pay? gross pay describes your pay after deductions; net pay is before gross and

net pay are the same net pay describes your pay after deductions; gross pay is before none of the above?
Business
1 answer:
kobusy [5.1K]3 years ago
8 0
<span>Net pay describes your pay after deductions; while gross pay describes your pay before tax deductions. Net pay is your "take home" pay after tax has been deducted while gross pay describes your gross income (I.e the amount prior to tax withholdings). Quite basically, Gross pay is the amount of money an employees receives before any taxes and deductions are taken out it. While Net pay is the amount received after taxes and deductions have been taken.</span>
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If investors are risk averse and hold only one stock, we can conclude that the required rate of return on a stock whose standard
telo118 [61]

Answer:TRUE

Explanation: Standard deviation is the rate of spread of numbers or values around the Mean of the numbers or values, it can also be described as the square root of the variance of a set of numbers or values. In financial analysis, the rate of return is the amount net income of a business entity over a given period of time. A risk averse investor is an investor who will try as much as possible to avoid risk even with high profit investment.

So for a risk average person to take on the investment with higher standard deviation it means the rate of return will be Higher.

6 0
3 years ago
The rules of debit and credit for expense accounts are the same as the rules for asset accounts. true or false
zepelin [54]
True hope this helps!!
8 0
3 years ago
Owen Company's unadjusted book balance at June 30 is $9,120. The company's bank statement reveals bank service charges of $50. T
Gala2k [10]

Answer:

$10,070

Explanation:

The true cash balance is the balance having considered the effect of the transactions that have happened but are yet to be captured in the books.

Reviewing the transactions,

  • bank service charges of $50 - This will be deducted from the book balance
  • Two credit memos are included in the bank statement: one for $940, which represents a collection that the bank made for Owen, and one for $60, which represents the amount of interest that Owen had earned on its interest-bearing account in June - Both will be added to the book balance

Hence the true cash balance

= $9,120 - $50 + $940 + $60

= $10,070

3 0
3 years ago
The ________ is the difference between merchandise imports and exports and a measure of a country's international trade in goods
Levart [38]

Answer:

balance of trade

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Basically, trade can be categorized into two (2) main groups and these are;

I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.

II. Export: it involves the sales of goods produced in a domestic country to a foreign country.

In Economics, a balance of trade is a measure of the difference between merchandise imports and exports, as well as a country's international trade in goods. Thus, it's a measure of the difference between the monetary value of the import and export of goods of a country over a specific period of time.

3 0
3 years ago
When we want to measure wage inflation in the labor market, we use the: Consumer Price Index Product Price Index Employment Cost
dusya [7]

Based on economic indices, when we want to measure wage inflation in the labor market, we use the "<u>Consumer Price Index."</u>

The consumer price index, often referred to as CPI, is conducted by the <u>Bureau of Labor Statistics. </u>

CPI is carefully made to measure the price changes encountered by urban consumers.

It is believed that the urban dwellers formed about 93 percent of the United States population.

Consumer Price Index is used to measure the relationship between wage and inflation.

Hence, in this case, it is concluded that the correct answer is "Consumer Price Index."

Learn more here: brainly.com/question/8416975

5 0
3 years ago
Read 2 more answers
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