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Ede4ka [16]
3 years ago
13

What is revenue on an income statement? Select one:

Business
1 answer:
Snezhnost [94]3 years ago
6 0

Answer:

Without knowing your options to select from......

Explanation:

It is the top line or gross income figure from which costs are subtracted to determine net income. Sales Revenue formula. Revenue is also known as sales on the income statement.

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How does the federal government fund the yearly budget?
Temka [501]
The correct answer is It takes in tax revenue and buys bonds.

Taxes are the main way that the federal budget is funded, which is why taxes have to be paid. They come from companies, people, organizations, and basically everyone.
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2 years ago
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You can learn everything you need to know about a company during an interview.
Airida [17]

Answer:

I think it would false hope this helps

6 0
3 years ago
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An increase in​ income, holding prices​ constant, can be represented as A. a change in the slope of the budget line. B. a parall
Lisa [10]

Answer:

Option (B) is correct.

Explanation:

If there is an increase in the income of the consumer then as a result there is a parallel shift in the budget line. This increase in income will increase the real purchasing power of the consumers and hence, this would increase the quantity of two goods consumed in an equal proportion.

Other factors remains the same, an increase in the income level of the consumer will increase the consumption of both the goods because the prices of both the goods are constant.

5 0
3 years ago
Each statement below is part of an economic model. Indicate whether the statement is a prediction of cause and effect or an assu
aivan3 [116]

Answer:

(a) Assumption

(b) Cause and Effect

(c) Cause and effect

(d) Assumption

Explanation:

(a)  People behave rationally: Assumption

Rational behavior refers to a decision-making process that is based on making assumptions that result in an optimal level of benefit or utility.

(b) Cause and Effect

If a price of goods falls that is a cause and the effect is that  people will consume more of the good.

(c) Cause and effect

As the population grows faster than food supply (cause), mass starvation is predicted to occur which is the resultant effect.

(d) Assumption

The maximization of profit is based on the assumption of theory of production and costs.

4 0
2 years ago
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On November 1, 2019, Davis Company issued $30,000, ten-year, 7% bonds for $29,100. The bonds were dated November 1, 2019, and in
Tcecarenko [31]

Answer: A.) $1,095

Explanation:

Bond value = $30,000

Rate = 7%

Period = 10 years

Issue price = $29,100

Bond value × rate :

30,000 × 0.07 = $2100

Semi annually:

$2100 / 2 = $1050

(Bond value - issue price) ÷ (period × 2)

($30,000 - $29,100) / (10 × 2)

$900 ÷ 20 = $45

$1050 + $45 = $1,095

8 0
2 years ago
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