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3 years ago

Match the different types of incomes to their sources.

2 answers:

7 0

There are three (3) types of income: Earned Income, Portfolio Income and Passive Income.

Earned Income - a type of income that is generated through work (e.g. salary)

Portfolio Income - These income are somewhat called "capital gains" because it is where the state gets salary taxes. This type of income is generated through selling investments in a higher price that you paid.

Passive Income - This type of income is generated through your assets that you have created. Like for instance, you bought a house and let it rent to earn an income.

Norma-Jean [14]3 years ago

5 0

For plato

Automatic Draft- A convenient payment method where funds are automatically debited from your account

Cash- the physical form of currency

Credit card- Allows you to make a payment now and pay for it later

Digital Wallet- An electronic device that aids consumers to make online payment through various websites

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Decision makers examine the _____ values of their choices. These values are based on what they think will happen.

yanalaym [24]

Expected; values of their choices

5 0

3 years ago

g The transactions of Spade Company appear below. Kacy Spade, owner, invested $100,750 cash in the company in exchange for commo

Stolb23 [73]

Answer:

Dr Cash 100,750

Cr Common stock 100,750

Dr Office supplies 1,250

Cr Cash 1,250

Dr Equipment 10,050

Cr Accounts payable 10,050

Dr Cash 15,500

Cr Fees earned 15,500

Dr Accounts payable 10,050

Cr Cash 10,050

Dr Accounts receivable 2,700

Cr Fees earned 2,700

Dr Rent expense 1,225

Cr Cash 1,225

Dr Cash 1,125

Cr Accounts receivable 1,125

Dr Dividends 10,000

Cr Cash 10,000

Cash Accounts receivables

Debit Credit Debit Credit

100,750 1,250 2,700 1,125

15,500 10,050 1,575

1,125 1,225

10,000

94,850

Office Supplies Equipment

Debit Credit Debit Credit

1,250 10,050

1,250 10,050

Accounts payable Common Stock

Debit Credit Debit Credit

10,050 10,050 100,750

0 0 100,750

Fees earned Rent Expense

Debit Credit Debit Credit

15,500 1,225

2,700 1,225

18,200

Dividends

Debit Credit

10,000

10,000

4 0

3 years ago

Suppose the country of Altaria only produces one good, pink tutus. Last year, nominal GDP was $50,000 and this year it is $200,0

Helga [31]

Answer:

E. None of the above

Explanation:

because the price level is not known, we can not tell definitely that the output is increased or unemployment is decreased or standard of living is increased .

Therefore, we cannot conclude on anything.

3 0

3 years ago

Using the firm's volume- based costing, applied factory overhead per unit for the Great P model is (rounded to the nearest cent)

Marysya12 [62]

Answer:

$45.99

Explanation:

Calculation for the applied factory overhead per unit for the Great P model

First step is to Calculate the total direct labour cost of High F and Great P

High F $175,200

($10,000*$17.52)

Great P $210,240

($16,000*$13.14)

Total direct labour cost $385,440

Second step is to calculate the factory overhead rate

Using this formula

Factory overhead rate=Budgeted factory Overhead cost/Allocation base

Let plug in the formula

Factory overhead rate=$1,349,040/$385,440

Factory overhead rate=350%

Now let calculate factory overhead per unit for the Great P

Direct labor cost per unit of product Great P $13.14

Great P Factory overhead per unit =$13.14*350%

Great P Factory overhead per unit =$45.99

Therefore Using the firm's volume- based costing, applied factory overhead per unit for the Great P model is $45.99

5 0

3 years ago

According to the midpoint method, the price elasticity of demand between points A and B is approximately (0, 0.6, 1.67, 22.5) .

kvv77 [185]

Because the demand between points A and B is inelastic, a $25-per-bike increase in price will lead to an increase, in total revenue per day.

in order for a price decrease to cause a decrease in total revenue, demand must be inelastic.

<h3>What is the price elasticity of demand? </h3>

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

When the coefficient of elasticity is less than one, it means that demand is inelastic. When demand is inelastic, it means that the quantity demanded is not sensitive to changes in price.

Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price

Midpoint change in quantity demanded = change in quantity demanded / average of both demands

change in quantity demanded = 40 - 35 = 5
Average of both demands = (40 + 35) / 2 = 37.50
Midpoint change in quantity demanded = 5 / 37.50 = 0.133

Midpoint change in price = change in price / average of both price

Change in price = 100 - 125 = -25
Average of both prices = (100 + 125) / 2 = 112.50
Midpoint change in price = -25 / 112,50 = -0,222

Midpoint elasticity of demand = 0.133 / -0,222 = 0.6

To learn more about price elasticity of demand, please check: brainly.com/question/18850846

7 0

2 years ago