the preferred debt to income ratio is usually B 36%
Answer:
$15
Explanation:
Consumer surplus is the price the consumer pay for good/service minus the amount the consumer is willing to pay for it.
✓Mr. and Dr. Brown would be willing to pay $31
✓Mr. Smith would be willing to pay $28
✓Professor Jones and Mr. Jones would be willing to pay $22
Elizabeth PRICE for babysitting each set of children for an evening = $22
Consumer surplus= Σ (price that the consumer is willing to pay- Price of the good/service is sold)
= [(31-22)+(28-22)+(22-22)]
= 9+6+0
=$15
Hence, Consumer surplus is $15
Answer:
C. transactional
Explanation:
In business, maintaining status quo means maintaining the pre-existing structure and culture that exist in the company. Transactional leaders tend to be less innovative , but very strict in enforcing pre-existing rules / conducts.
In order to maintain this status quo, transactional leaders tend to use rewards and punishment.
If an employee is following the company's requirement, that employee will be given rewards (such as bonuses or promotion). If the employee violate the company's rule, that employee will be punished (such as salary cut or firing)
in the budgeting process you should create a budgeted balance sheet and budgeted income statement. Your balance sheet and income statement, whether budgeted or actual, are the two great financials. They reflect the bottom line, showing how the business is doing.
