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3 years ago

ECONOMICS

Business

1 answer:

Wittaler [7]3 years ago

6 0

Answer:

Annual Income is calculated by multiplying the Hourly wage by 4,000 hours.

The Difference between annual wage and federal poverty line is calculated by deducting the 2019 Poverty threshold of $13,011 from the Annual Income.

The Difference between annual wage and median household income is calculated by deducting the 2019 Median household income of $68,703 from the Annual income. Negative balances are highlighted.

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facilities, factories, and production lines with very large equipment are all classified as a. installations. b. component parts

Mashutka [201]

Facilities, factories, and production lines with very large equipment are all classified as installations.

What is production?
Production is the process of combining different immaterial inputs (plans, knowledge) with material inputs to create something that is intended for consumption (output). It is the process of producing an outcome, a good as well as service that has value and enhances people's utility. Production theory, a branch of economics that focuses on production, is entwined with consumption (or consumer) economic theory. Utilizing the initial inputs productively leads to the production process and the output (or factors of production). Land, labour, as well as capital are regarded as the three primary production factors and are referred to as primary producer products or services. Both the output process and the final product do not significantly change these essential inputs or turn them into integral parts of the final product.

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3 0

1 year ago

The first and most important step in the posting procedure is

Step2247 [10]

The answer is B. Posting the date.
Here's the sequence of posting procedures.
First, Posting the date.
Second, posting the amount of the transactions.
Third,posting the page number of the journal in the Post. Ref. column of the ledger account.
And lastly, recording the posting ref. information

6 0

3 years ago

At the beginning of 2019, a corporation had assets of $270,000 and liabilities of $160,000. During 2019, assets increase $25,000

Doss [256]

Answer:

Shareholders Equity = $130000

Explanation:

given data

asset beginning = $270,000

liabilities beginning = $160,000

assets increase = $25,000

liabilities increase = $5,000

solution

Shareholders Equity on Dec 31 , 2014 is $111000

first we get here total Assets that is express as

total Assets = Assets at the beginning + assets increase ...............1

total Assets = $270000 + $25,000

total Assets = $295000

now we get total Liabilities that is

total Liabilities = Liabilities at beginning + liabilities increase ...........2

total Liabilities = $160,000 + $5,000

total Liabilities = $165000

so here Shareholders Equity will be as

Shareholders Equity = total Assets - total Liabilities ..............3

Shareholders Equity = $295000 - $165000

Shareholders Equity = $130000

4 0

3 years ago

Durable goods are: a. consumers' goods b. raw materials combined to produce consumer goods c. those that must be replaced after

Leokris [45]

Answer:

d. those that may be stored and repaired

Explanation:

Durable goods are those goods that are stored and repaired. It is to be considered for the long-lasting so it can be stored. Also it can be repaired when they wear out

For example: mobile phone, table, chair, toys, etc

Therefore as per the given situation, the option d is correct

And, the remaining options are to be considered

3 0

3 years ago

Handshakes should be: O firm o loose O repeated o accompanied by eye contact

Talja [164]

Accompanied by eye contact

6 0

2 years ago

Read 2 more answers