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Dafna1 [17]
2 years ago
9

PLEASE ANSWER ASAP WORTH 15 POINTS!!

Business
2 answers:
svetoff [14.1K]2 years ago
8 0
Courtesy 
<span>Good communication skills </span>
<span>Quick to learn.

</span>
tino4ka555 [31]2 years ago
7 0
Hey there!

I would consider having great listening skills, and try not getting distracted easily, it's very important to pay attention during work and also not get distracted.

Hope this helps
Have a great day (:
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If the money supply is​ $500 and nominal income is​ $3,000, the velocity of money is A. ​1/60. B. ​1/6. C. 6. D. 60.
algol [13]

Answer:

The correct option is c.6

Explanation:

For computing the velocity of money, the following formula should be used which is shown below:

The Velocity of money = Nominal income ÷ money supply

where,

Nominal income is $3,000

and, the money supply is $500

Now put these values to the above formula so that we can find out the answer

So, the answer would be equal to

= $3,000 ÷ $500

= 6

Thus, the velocity of money is 6

Hence, the correct option is c.6

5 0
3 years ago
The balance in retained earnings on December 31, 2017, was $1435000 and on December 31, 2018, it was $1160000. Net income for 20
Inessa [10]

Answer:

b. $556,000.

Explanation:

Retained Earning is an account where all the earnings of the company accumulate and dividend is also paid from this account because it represents the amount the earning associated with the stockholders of the company.

December 31, 2018 Balance of Retained Earning = December 31, 2017 Balance of Retained Earning + Income for the year - Dividend Paid / Declared during the year.

$1,164,000 = $1,440,000  + $1,000,000 - Dividend Paid / Declared during the year.

$1,164,000 = $2,440,000 - Dividend Paid / Declared during the year.

Dividend Paid / Declared during the year = $2,440,000 - $1,164,000

Dividend Paid / Declared during the year = $1,276,000

Stock Dividend Paid - $500,000 + $220,000 = $720,000

Cash Dividend Paid = $1,276,000 - $720,000 = $556,000

6 0
3 years ago
Suppose LovetoRead sells 1 comma 600 hardcover books per day at an average price of $ 50. Assume that LovetoRead's cost for the
Oduvanchick [21]
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5 0
2 years ago
When we do not get to know someone because we do not have to see that person in order to do our business, we often do not take i
torisob [31]

Answer:

Explanation:

This is a challenge posed by the facelessness that results from the use of new technology accessible in the workplace. This applies to any form of business that is either done completely autonomous or is done in an online format. Such a type of store is an E-commerce store, since all of the sales on this platform are done online, there is no face-to-face contact between the store owner/employees and the customers. Therefore, the store owners can make decisions thinking it is best for the store, but cannot fully understand the complete effect that it will have on the customers.

3 0
3 years ago
The net income reported on the income statement is $58,000. However, adjusting entries have not been made at the end of the peri
nlexa [21]

Answer:

The corrected Net income = $54,500                      

Explanation:

Net income is defined as the total profits earned by an individual from a business venture. It is equal to the difference between the gross income and the expenses involved including cost of supplies and accrued salaries.

Given: net income = $58,000

Entries not made include supplies expense = $2,200 and accrued salaries = $1,300

Therefore, the corrected net income = net income - expenses = $58,000 - ($2,200 + $1,300) = $54,500    

8 0
3 years ago
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