The four core principles of economics that is most relevant for each aspects of that decision are:
- scarcity
- supply and demand
- costs and benefits
- incentives
<h3>What are the
core principles of economics?</h3>
Scarcity can be regarded as the economic concept which serves as the basic fact of life that there exists only a finite amount of human and nonhuman resources .
Supply and demand serves as the economic model of price determination that is bee used in the market and it seen in a competitive market, the unit price for a particular good, .
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Answer:
$ $
Net Income (137000*30%) (a) 41,100
Add:
Unrealized gains in the beginning inventory 40,000
Unrealized gains at the end of the year 25,000
Difference 15,000
(NCI in Unrealized gain (15,000*30%) (b) 4,500
Non-controlling interest's share of Devin's net income for 2012 ($41,100+$4,500) 45,600
Non-controlling interest's share of Devin's net income for 2012= $45,600
Explanation:
Answer: The correct procedure is to “debit cash over and short for $43”.
Answer:Addition to net income in the operating activities section
Explanation:
Answer:
The payroll tax expense is $1754.20
Explanation:
