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dolphi86 [110]
3 years ago
8

In today's high-income societies, children are

Business
1 answer:
attashe74 [19]3 years ago
8 0
According to sociologist, children are economic liability.  In a modern society children are an economic liability, not an asset because they have to be fed, dressed, housed, watched after, educated and entertained. As a rule of thumb, economists figure that a family with one child needs 30% more income than a childless couple to maintain the same living standard. The understandable way to keep the household financially afloat is for the mother to go out to work.
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Palepu Company owns and operates a delivery van that originally cost $38,080. Straight-line depreciation on the van has been rec
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Answer and Explanation:

The computation is shown below;

But before that the depreciation expense per year is

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= ($38,080 - $2,800) ÷ 6 years

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= $20,440

2.

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Gain = $(20,400 - 20,400) = 0

a. Loss = $13,000 - $20,440 = -$7,440

b. Loss = $10,000 - $20,440 = -$10,440

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The meaning of saving and investment Classify each of the following based on the macroeconomic definitions of saving and investm
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Answer:

All the options given are examples of investment.

Explanation:

Savings are what an individual has left after their spending has been deducted from their disposable income. Savings can increase income by investing the money saved. Investment is an item or asset gotten with aim of generating income. An investment simply means buying goods that are not for immediate consumption but generation of income.

All the options provided are investment examples. A certificate of deposit is given by the bank to an individual after a certain amount of money has been deposited and it generates interest. Also building a cabin , a laboratory and buying stock are investments.

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