1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GREYUIT [131]
3 years ago
8

uction Services started the year with total assets of and total liabilities of . The revenues and the expenses for the year amou

nted to and ​, respectively. During the​ year, the company did not issue any common​ stock, but it distributed dividends of . Calculate​ Dynamic's net income for the year.
Business
1 answer:
VARVARA [1.3K]3 years ago
8 0

Answer: $20,000

Explanation:

Net Income is the amount from revenue that the company made over expenses. It is therefore;

= Revenue - Expenses

= 110,000 - 90,000

= $20,000

<em>Note: Dividends are not considered in the calculation of Net Income as they are not expenses. </em>

You might be interested in
Which of the following recognizes the intellectual property licensing of copyrights by all the signatory nations to the​ act?
bearhunter [10]

Answer:

c. The Berne Convention Implementation Act of 1988.

Explanation:

This was put into force in the United States of America in the year 1988 even though its laws were been vehemently upheld from the next year. This was a law put in place to be a guide to a lot of United States citizens who are known to ply their trades in the literary and also artistic sphere. It was seen as a protection agency to writers and artists in literary world. Their work at this early stages may have been performed only pursuant to appropriate domestic law. Also, in a bid to make this law a better one, it was said to be amended together with the law as it exists on the date of the enactment of this law been amended, satisfy the obligations to the citizens of the US.

8 0
3 years ago
You are given an annuity-immediate paying 10 for 10 years, then decreasing by one per year for nine years and paying one per yea
tankabanditka [31]

Answer:

124.17

Explanation:

since the first payment is immediate, then this is an annuity due:

we must divide this annuity into 3 separate parts:

1) today plus 9 years = PV = 10 x 8.43533 (PV annuity due, 4%, 10 periods) = 84.3533

2) the second group of years where annuity decreases by $1

PV year 10 = 9/1.04¹⁰ = 6.08

PV year 11 = 8/1.04¹¹ = 5.20

PV year 12 = 7/1.04¹² = 4.37

PV year 13 = 6/1.04¹³ = 3.60

PV year 14 = 5/1.04¹⁴ = 2.89

PV year 15 = 4/1.04¹⁵ = 2.22

PV year 16 = 3/1.04¹⁶ = 1.60

PV year 17 = 2/1.04¹⁷ = 1.03

sum of PVs = 26.99

3) terminal value at year 17 = 1/0.04 = 25

PV of terminal value = 25/1.04¹⁷ = 12.83

now we add the three parts = 84.3533 + 26.99 + 12.83 = 124.17

6 0
3 years ago
Under what scenario could fiscal policy make a recession even worse?
mr Goodwill [35]

Answer:

The correct answer is letter "A": If tax cuts are not evenly distributed across income groups.

Explanation:

Fiscal policy refers to the combined governmental decisions regarding a country's taxing and spending. The term fiscal policy is associated with British economist John Maynard Keynes (<em>1883-1946</em>) who believed governments should influence macroeconomic productivity levels. Though, it could be a trap if it is <em>not allocated correctly among different income groups</em>. Economies such as Brazil, for instance, have allocated higher taxes for low-income people creating <em>economic disparity</em>.

6 0
3 years ago
which of the following is not an economic goal of leaders of most nations? a. efficiency b. price stability c. growth d. full em
Darina [25.2K]

One thing that is not the economic goal of most nations is e. excess goods and services.

<h3>What economic goals do most countries want?</h3>

Most countries want to be able to provide their people with an adequate living standard.

For this to happen, the economy needs to be growing and have price stability as well as full employment. There is no need for excess goods and services because this represents a waste of resources.

Find out more on economic goals at brainly.com/question/3140788.

#SPJ11

4 0
2 years ago
11) What is the last step of planning &amp;​
Doss [256]

Answer:

the last step of the planning process, implementation of the plan. This is when all the other functions of management come into play and the plan is put into action to achieve the objectives of the organization.

5 0
3 years ago
Other questions:
  • Xerox, the U.S. Postal​ Service, and​ McDonald's have enjoyed significant market power in the past. List and explain three major
    5·1 answer
  • A country produces computers and rice. If resources are fully employed and there is technological progress only in the productio
    10·1 answer
  • Maria wants to start a new business in collaboration with her husband and brother-in-law. The features she is looking for in the
    11·1 answer
  • The City of Monroe Police Department pension plan, a single-employer, defined-benefit plan, reported the following account balan
    13·1 answer
  • One of the ways Mark and Sue can prevent having a balance due next year is to use the Tax Withholding Estimator at IRS.gov and t
    9·2 answers
  • Suppose the banking system currently has $400 billion in reserves, the reserve requirement is 8 percent, and excess reserves amo
    12·1 answer
  • A pharmaceutical company wishes to focus on an enzyme to develop new medications. What type of study would be of the greatest be
    11·1 answer
  • prepare a financial report that compares what ashley and jason each owns and owes on september 30. make a list of any decisions
    6·1 answer
  • Foreign investment in U.S. companies continues to be strong. When Belgian-based In-Bev purchased the largest beer company in the
    14·1 answer
  • If you show defensiveness, people are more likely to _____. a. confront you about your problems b. critique your performance c.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!