Triangle O’W’L’ was rotated 90 degrees counterclockwise about the origin.
Answer:
a. Would the accounts receivable account appear in the assets, liabilities, or stockholders' equity section of the December 31, Year 1, balance sheet?
The accounts receivable account would appear in the assets section, and more specifically, in the current assets section. This is because accounts receivable are considered to be an assset.
b. Determine the balance of the accounts receivable account that would appear on the December 31, Year 1, balance sheet.
The Containeres Inc. first earned $25,000 on account, and by the end of the year, it had collected $22,000, thus, the final balance of the accounts receivable is $3,000.
c. Determine the amount of net income that would appear in the Year 1 income statement.
Net Income = Revenue - Expenses
Net Income = $25,00 - $18,000
= $7,000
Answer:
a. rise in unemployment
Explanation:
Aggregate demand is a term describing the total demand for goods and services in the economy. If the aggregate demand rises, it means the country's population is requesting more goods and services. Production will increase to meet the new demand, and consequently, the GDP will grow.
Should the economy experience a fall in aggregate demand, industries will reduce the level of production. GDP is the total production in the economy. If the output is below the potential GDP, it implies a decline in production. The economy is slowing down. The manufacturing and service sectors will cut down production. Reduction in production mean industries will lay-off employees. Unemployment will rise as industries will not create employment opportunities for job seekers.
Answer:
d. Improve task significance.
Explanation:
Job characteristics theory has to do with work designs aimed at enriching jobs of employees in the workplace.
Five core job characteristics are considered: task identity, skill variety, task significance, autonomy, and feedback.
These job characteristics affects 5 work related outcomes: satisfaction, motivation, absenteeism, turnover, and performance.
In the given instance where employees take their task of serving customers very seriously but feel like the work they do is very important, there is a need for improvement of task significance.
This can be done through regular sensitisation training on the impact their services are having on the profit base of the company and also on customer satisfaction.
With the knowledge that their efforts are making a difference they will feel more satisfaction from their work.
Answer: B. regressive taxation
Explanation:
Regressive taxation is a form of taxation where people who earn higher income pay a less percentage of income as tax while those who earn less income pay a higher percentage of income as tax.
Progressive taxation is a form of taxation where people who earn higher income pay a higher percentage of income as tax and those who earn less income pay a lower percentage of income as tax.
