Answer:
$23,500
Explanation:
Net income is arrived at by deducting relevant expenses for the year from the gross income for the year. In this question, sales income is used to represent gross income. The net income can therefore be calculated as follows:
Net Income = Sales income - Expenses other than rent and interest - Rent - Interest
Net Income = $66,000 - $40,000 - [$45,000 × (1/18)] - 0
= $66,000 - $40,000 - $2,500 - 0
= $23,500
Therefore, net income is Yolanda's net income $23,500.
Note that [$45,000 × (1/18)] is used to calculate rent for only one which is December of the calendar year since the rent was paid for 18 months.
Answer:
c. 66.67%
Explanation:
Unemployment rate = Number unemployed / Labor force = (2/3) x 100% = 66.67%
Answer:
e. identifiable
Explanation:
Something is identifiable when is easy to recognize, in the excercise given the publishing conglomerate Conde Nast aims to this identifiable segments in order to reach certain customers.
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Answer:
see below
Explanation:
An increase in wages increases the amount of disposable income for individuals. It means that households will have more money to spend. An increase in wages results in increases in the people's ability to buy, which increases the demand for goods and services.
Wagers are an expense to suppliers. An increase in wages will increase the cost of production. When production cost increases, suppliers' profit margin decreases. Since supplies are motivated by profits, a decrease in profit margins may result in reduced production.
Answer:
D$138,000
Explanation:
We know that
Direct material used = Beginning balance of raw material inventory + purchase made during the year - ending balance of raw material inventory
$130,000 = $32,000 + purchase made during the year - $40,000
$130,000 = -$8,000 + purchase made during the year
So, purchase would be
= $130,000 + $8,000
= $138,000
