Answer:
$36 Billion
Explanation:
Given:
GDP = $65 billion
Interest payments = $15 billion
Imports = $13 billion
Profits = $7 billion
Exports = $15 billion
Rent = $7 billion
Wages = ?
Computation of Wages:
GDP from Income Method:
GDP = Interest payments + Wages + Rent + Profits
$65 billion = $15 billion + Wages + $7 billion + $7 billion
$65 billion = Wages + $29 billion
$65 billion - $29 billion = Wages
Wages = $36 Billion
Answer:
The cost of those meals should be tax-free to employees
Explanation:
The lateness of employees to their respective duties after lunch obviously affected business, negatively. This negative impacts of lateness were solved by lunch planning.
For convenience sake of the employer, employer paid meals were furnished within the business environment. Because employees were late from lunch, employer arranged free meals in order for employees to be on time from lunch.
As long as lateness has been reduced then their meals should be tax free.
Answer:
External recruitment
Explanation:
Based on the scenario being described within the question it can be said that Bernicald is engaged in the process of External recruitment. This term refers to looking at a pre-selected pool of job candidates that do not currently work for the company, in order to see if there are any individuals qualified enough to fill or perform a certain job vacancy within the company. These candidates can be gathered from many different places such as surveys, walk-in applications, or even social media websites.
<h2>Estimated losses on the overall contract are recognized before the contract is completed. </h2>
Explanation:
Revenue recognition cannot be done prior to the completion of contract.
But the asset can be created. Only after the contract gets completed the revenue recognition can be realized.
For a long-term project, the revenue can be recognized based on the percentage of completion.
Revenue recognition keeps financial transactions aligned.
Option A: valid
Option B Invalid, because expenses are also recognized
Option C: This process is acceptable.
Option D: Gains and profits are calculated in this type of method
