1. Positive economic growth means that the value of all goods and services produced in the economy increase by an unknown amount
2. growth in the amount of goods and services produced
Answer:
Net income = $3,560
Explanation:
Romney's Marketing Company
Multi-step income statement
For the Year ended December 31 20YY
Sales revenues 37,250
Less: Cost of goods sold = 0
Gross profit = 37,250
Less: Operating expense:
Wages expense = $19,000
Depreciation expense = $1,750
Utilities expense = $320
Insurance expense = $780
Rent expense = $9,800
Total operating expense = ($31,650)
Add: operating income:
Rent revenue = $560
Total operating income = $6,160
Other operating income
Interest revenue = 160
Net income before taxes = $6,320
Income tax expense = $2,760
Net income = $3,560
The right answer for the question that is being asked and shown above is that: "c. Credit cards are canceled due to poor payment history." a sign of credit trouble is that <span>Credit cards are canceled due to poor payment history.</span>
Anthony has identified a possible correlation, in which
correlation is trying to point out a connection between things that are two or
more. As this is connected to his observation as people dress up formally
because of the reason that they are in a workplace because their dress is
connected to the place where they are in or appropriate.