B.) Something made for a particular purpose
On apex it is A flat taxation
The answer is almost half. This is the result that they have
found out in the study in which who has the age ranging from sixty five to
sixty nine as middle aged. This study is conducted by Maier, Budner and Lachman
in the year 2000.
Wald corporations should credit reatined earnings as $20,000 credited as revenue balance.
<h3>What is retained earning?</h3>
After paying all direct and indirect costs, income taxes, and dividends to shareholders, a company's profitability ratios are the amount of profit left over.
This is the part of the statement of financial position that can be utilized to invest in new equipment, research and development, and marketing, for example.
Revenues will enhance the retained profits balance, while expenses will lower it the reason behind this is they both come under the Income statement.
Therefore, retained earnings are considered as profitable income of the organization it is credited as revenue balance in the financial statement.
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Answer:
explains most of the differences in the standard of living across countries.
Explanation:
Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).
Productivity is a measure of how efficient is the manufacturing of finished goods and services in a country. Thus, it's a measure of total output with respect to input such as capital, labour, and other resources.
Generally, productivity is a ratio of output (product) to the resources (input) that is required to produce the product and as such determines the economic output of a particular country, as well as the standard of living of its population.
Hence, productivity explains most of the differences in the standard of living across countries based on the value of output generated with a unit of input.