<u>Given:</u>
Wages payable at the beginning of the year = $1500
Wages payable at the end of the year = $5000
Salaries and wages expense as per the income statement = $112400
<u>To find:</u>
Cash paid for salaries and wages
<u>Solution:</u>
The calculation of the cash paid for salaries and wages is as follows,
Wages payable at the end of the year-Wages payable at the beginning of the year = 
Cash paid = 
Therefore, the cash paid for salaries and wages during the year is $1,08,900.
Wages and salaries are paid by the organization or management to the workers or the employees in return for the work done by them for the company.
Answer:
When the economy reaches full real output, there is no spare capacity left and therefore as real output increases, the price level will increase. There are no workers left in the economy as full employment is reached.
The Correct Choice of Answer is Option B
A market to determine an <u>Equilibrium price</u>
- When the market is not operating at its equilibrium level, when supply and demand are equal, market failure occurs. Inefficiencies in the market lead to the issue of efficiency loss (deadweight loss).
- As an illustration, suppose the government levies a tax that causes a difficulty with the inability to establish an equilibrium when supply and demand are equal. a reduction in efficiency (deadweight loss) for both buyers and suppliers
<h3><u>What transpires when prices are balanced?</u></h3>
- The price at which the amount provided and requested are equal is referred to as the equilibrium price. It is established by where the demand and supply curves cross. If the amount of an item or service supplied exceeds the amount sought at the going rate, there is a surplus, and the price is under pressure to decline.
To learn more about Equilibrium Price, Click the links.
brainly.com/question/21329957
brainly.com/question/14480835
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Answer:
The answer is: Wrongful interference with a business relationship
Explanation:
Wrongful interference with a business relationship is a type of tortious interference.
Wrongful interference happens when someone deliberately interferes with a contract or expectancy of a contract, causing damage to one or more parties involved in the contract.
The party (or parties) that suffer damage caused by the wrongful interference, can sue for damage compensation.
In this case, the coach wrongfully interfered in the business relationship Hanson had with the soccer team members, so eventual Hanson could sue the coach.
Answer:
She will report an interest income of $1,827 for this year.
Explanation:
The yield to maturity is 6%. However, the interest on the bond is compounded semi-annually. Therefore, we need to calculate the interest income for either semi-annual period and then sum the two incomes.
Interest income for first semi-annual period
= $30,000 x 0.06 x 6/12
= $900
Interest income for second semi-annual period
= ($30,000 + $900) x 0.06 x 6/12
= $30,900 x 0.06 x 6/12
= $927
Interest income for the year
= $900 + $927
= $ 1,827
