<span>High paid workers are reluctant to shrink because the unemployment rate is very high so if you leave your position you may not find another that is equally as good or better. That is why high paid workers do not shrink.</span>
Answer:
a. Debit Accounts receivable for $600
Explanation:
As Greasy catering company provided services but had not got the bill from the customer, it increases an asset. According to the revenue recognition principle, revenue has recognized whenever it is provided not when the cash is received. In that case, the journal entry to record the transaction is -
Accounts receivable (Debit) $600
Revenue (Catering) (Credit) $600
Accounts receivable is debit because the company owes the amount from the customers.
The potential benefit of innovation is the improved quality (attributes) of existing products. The correct option is A.
<h3>What is innovation?</h3>
Innovation is introducing new things and ideas.
The advantages of innovation are:
- High relative advantage
- Trialability
- observability
- Compatibility
- Low complexity
Thus, the correct option is A, improved quality (attributes) of existing products.
Learn more about innovation
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Answer:
2.68 years
Explanation:
The discounted payback period measures how long it takes for the amount invested in a project to be recovered from the discounted cumulative cash flows.
Explanations on how the payback period is calculated can be found in the attached image.
I hope my answer helps you
Answer:
Earned income plus government transfer payments less taxes.
Explanation:
Disposabal income refers to the income earned by the households after adjusted for the taxes and transfer payments by the government. Transfer payments refers to the payments by the government which includes social security schemes, cash grants, unemployment benefits.
It is also defined as the amount of money available that individuals have for disposal.
