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IRISSAK [1]
3 years ago
9

There are many different sources of income. Usually, most of an adult's income comes from _____.

Business
2 answers:
andriy [413]3 years ago
7 0

There are many different sources of income. Usually, most of an adult's income comes from salary.



Shkiper50 [21]3 years ago
5 0
Salary. That is a paycheck that you get from working. Some adults don’t make money from taxes. So best answer is salary
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Suppose an economic boom causes incomes to increase and, at the same time, drives up wages for the sales representatives who wor
Juli2301 [7.4K]

Answer:

Option (B) is correct.

Explanation:

Given that smartphones are a normal good and income of the individuals increases because of economic boom. We know that there is a direct relationship between the income of an individual and demand for normal goods.

Increase in the income level of the individuals will result in higher demand for smartphones. This will shift the demand curve of smartphones rightwards.

Simultaneously, the wages of sales representatives who work for cell phone companies also increases. This will increase the cost of production for the firms and shifts the supply curve of smartphones leftwards.

Hence, the equilibrium price of smartphones increases but the effect on equilibrium quantity is indeterminate because its effect will be depend upon the magnitude of the shift of supply and demand curve.

5 0
3 years ago
A licensee makes a statement that is material to the transaction as though it were a fact when the licensee does not know whethe
aliya0001 [1]

Answer:

The correct answer is fraud.

Explanation:

A fraud is an action that is contrary to truth and righteousness. Fraud is committed to the detriment of another person or organization and is punishable by law.

This concept is associated with the scam, which is a crime against heritage or property. It consists of a hoax to obtain an asset, making the person or company that pays believe that you will get something that, in reality, does not exist.

5 0
3 years ago
For Wilton Company, the predetermined overhead rate is 70% of direct labor cost. During the month, $360,000 of factory labor cos
bezimeni [28]

Answer:

The amount of overhead debited to Work in Process Inventory should be: a. $182,00

Explanation:

The Overheads are Applied in the Manufacturing Costs as:

Budgeted Rate × Actual Activity for the Month

At the End of the Period we would need to determined whether this amount of overhead is Over or Under Applied by comparing it to the actual overheads incurred of $180,000 (given)

In our Case,  the predetermined overhead rate is 70% of direct labor cost

<em>Thus we need to find the Direct Labor Cost first</em>:

Total Labor Costs               $360,000

<em>Less </em>Indirect Labor Costs<em>  </em>$100,000

Direct Labor Cost              $260,000

<em>Therefore Overheads applied would be determined as:</em>

= $260,000 × 70%

= $182,000

6 0
3 years ago
Read 2 more answers
A company undergoing _____ completely redesigns its work processes, hoping for dramatic improvements in the efficiency and effec
netineya [11]

Answer: Business process re-engineering

Explanation:

Business Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical, contemporary measures of performance, such as cost, quality, service, and speed” – Michael Hammer and James Champy

Business process reengineering is an approach used to improve organizational performance by increasing the efficiency and effectiveness of processes that exist across the organization. In addition to the redesigning of business processes, it also involves the redesigning of associated systems and organizational structures.

5 0
3 years ago
FreeSpirit is a global consumer products company. It manufactures a number of new products ranging from personal care to food an
Paul [167]

Answer:  Prospector

                   

Explanation: In simple words, a prospector refers to an individual  or an entity that keeps exploring its environment for some personal goal. Usually these entities keeps continuous researching for innovation so that new products and practices could be developed.

In the given case, Free spirit keeps searching for new product development

and uses different platform for their promotional purposes.

Hence from the above we can conclude that it free spirit is a prospector.

3 0
3 years ago
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