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Alexxandr [17]
3 years ago
11

Which of the following will result in the recognition of gross income?

Business
1 answer:
cricket20 [7]3 years ago
6 0

It's definitely E because none of the above mentioned anything of gross income,which is total annual income

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When a government transfers the rights and obligations of an asset to another legally separate governmental or private sector en
Mamont248 [21]

Answer: A service concession arrangement (D)

Explanation:

A service concession arrangement is an agreement whereby the government contracts with a private enterprise in order to operate, develop and maintain an infrastructural facility such as a tunnel, bridge, road, hospital, airport or prison. The government regulates and controls the kind of services the operator must provide, to whom the services are provided and at the price the services will be provided.

Concession agreements can also be between a non-governmental owner and a concessionaire, whereby the non-governmental owner gives the operator the exclusive rights to use and maintain the business for a stipulated period of time under specified conditions.

4 0
2 years ago
You and your college roommate eat three packages of Ramen noodles each week. After graduation last month, both of you were hired
inn [45]

Answer:

The answer to this question is b. Yours will be positive and your roommate's would be negative.

Explanation:

Income elasticity of demand is the degree of responsiveness of demand to changes in income. In other words, it measures how changes in income of consumers will affect the quantity of commodities demanded by such consumers.

An income elasticity of demand can be positive or negative.

It is positive, when an increase in income leads to an increase in the quantity demanded by the customer. However it is referred to as negative when an increase in income leads to decrease in the quantity demanded by the consumer.    

In  the question above, it can be seen that the increase in income of the first person brought about increase in the commodity demanded thereby making his income elasticity of demand positive. one the other hand, the increase in the income of his roommate, brought about decrease in his demand which translate to the fact that his income elasticity of demand would be negative.

Hence the answer given.

4 0
3 years ago
Financial markets :a. determine tax rates. b. increase transactions costs. c. reduce diversification. d. are the same as resourc
r-ruslan [8.4K]

Answer:

The correct answer is letter "E": provide liquidity.

Explanation:

Financial market describes any manner in which buyers and sellers meet for trading assets, usually financial securities such as stocks, bonds currencies, options, and derivatives. Financial markets are a cornerstone of the capitalist economy because they assist entrepreneurs and businesses in facilitating capital formation and liquidity.

<em>Financial markets create liquidity by making the trading of financial holdings easy for buyers and sellers without the need of a physical market.</em>

7 0
3 years ago
Nicole deposits $2,136 in a savings account paying 5.36% interest. to the nearest dollar, how much money does nicole have in tot
Oduvanchick [21]
2,136×(1+0.0536×9)
=3,166
7 0
2 years ago
Read 2 more answers
A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year
lina2011 [118]

Answer:

15%

Explanation:

The computation of the internal rate of return is shown below:

Given that

Year       Cash Flow

0             -$27,100

1                $11,100

2               $14,100

3                $10,100

The formula to compute IRR is

= IRR()

After applying the above formula, the internal rate of return is 15%

4 0
3 years ago
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