Answer:
formula is: total revenue – total expenses = profit.
Profit is calculated by deducting direct costs, such as materials and labour and indirect costs (also known as overheads) from sales. The fact that the stock wasn't paid for immediately is not relevant when calculating profit.
Explanation:
hopw this helps
Answer:
It allowed for gold to be shipped from Sub-Saharan African to Italy.
Explanation:
The region in north Africa and italy is only separated by the Mediterranean sea, allowing traders from each region to visit one another and exchange various forms of goods. This contribute greatly to their economic development.
Beside that, the geography also affect the climate that shape african way of living. Since the temperature of these regions tend to be really high, the plants that they can produce for their food were also limited.
Answer:
B. spends more than it collects.
Explanation:
The government typically collects funds through loans against foreign governments, state & local governments, as well as taxes. They also can "loan" money from the public and businesses with bonds. This is typically where they get most of their budget.
A deficit occurs when the spending (either in military, infrastructure, loaning to foreign interests through aid, or simply for running government programs) is over the amount of the amount collected. This creates what we know as the US national debt.
Answer:
Articles of Confederation
Explanation:
The first official form of government for the newly free United States, which gave the States the most power and little power to the federal/central government.
Its many islands, high mountains, and remote peninsulas isolated population centers.
