GDP per capita in Kazakhstan increased greatly in the 21st century as a result of the nation's: A. oil reserves.
<h3>What is GDP?</h3>
GDP is an acronym for gross domestic product and it refers to a measure of the total market value of all finished goods and services that are produced within a country over a specific period of time.
This ultimately implies that, GDP per capita in Kazakhstan increased greatly in the 21st century due to her oil reserves.
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<u>Complete Question:</u>
GDP per capita in Kazakhstan has increased greatly in the twenty-first century as a result of the
nation's:
A) oil reserves.
B) carpet trade.
C) close alliance with Russia.
D) annexation of Turkmenistan.
The amount of dividends Lambert Inc. declared and paid is $5.2 million.
<h3>What is dividend?</h3>
A dividend refers to the sum paid to people who invest in a company, at the end of the financial year. In other words, it is a reward paid to the shareholders for their investment in a company's equity.
We know that:
Closing retained earnings
= Opening retained earnings + net income earned - dividend paid
Then,
The ending Retained Earnings balance of Lambert Inc. increased by $2.6 million from the beginning of the year
Also, net income earned during the year is $7.8 million
Hence,
Dividend paid
= -$ 2.6 million + $7.8 million
= $5.2 million
With regards to the above, the amount of dividends Lambert Inc. declared and paid is $5.2 million.
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<span>As a result of their wider networks and ability to sabotage crops when it was most beneficial for them, the black farmers which emerged following the Civil War were able to make money sharecropping due to the ability to influence the workflow and yield that would arise.</span>
Answer:
8%
Explanation:
The formula and the computation of the price elasticity of supply is shown below:
Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)
where,
Price elasticity of supply = 0.4
And, the percentage change in price = 20%
So, the percentage change in quantity supplied is
= Price elasticity of supply × the percentage change in price
= 0.4 × 20%
= 8%
It shows a direct relationship between the quantity supplied and the price.
Answer:
C. Only making minimum payments on credit cards each month
Explanation:
Credit distress is a financial status where an individual or a firm cannot meet its obligations in time. The business or the individual cannot generate sufficient resources to pay their debts as they become due. To a business, high fixed costs, economic downturns, and illiquid assets cause credit distress.
Poor budgeting, unnecessary debt load, poor financial decisions lead to credit distress among individuals. Other signs of credit distress include living or over-relying on overdrafts, problem paying bills on time, and getting reminder collection calls and past-due notices.
