Consumers express self-interest when they seek the lowest price for a product.
<h3>What is the meaning of self interest?</h3>
This is the term that has to do with the personal advantage that a person would have due to the choices that they make which they intend to suit them first before any other person. People seek for lower prices without having to care about the way that the request would affect the business that they are buying from.
Hence we can say that: Consumers express self-interest when they seek the lowest price for a product.
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Answer:
Los estados financieros son un cálculo realizado por las empresas y distintas entidades en los cuales se detalla el año financiero de las mismas, determinando el resultado contable de la empresa y la posición de los activos y pasivos de la misma, arrojando así un balance positivo (con ganancias) o negativo (con pérdidas) luego de un año de ejercicio de sus actividades.
El contenido de los estados financieros no se deja en modo alguno a la discreción de la empresa, sino que se establece a través de las normativas impositivas de cada país, como AFIP en Argentina o Hacienda en España.
Answer:
The correct answer is option C.
Explanation:
The GDP of an economy includes only the final goods and services produced in the economy in the given period of time.
In the given example , the day care shows the service provided by Jack and Jill.
The crayons and color books, milk, attendants are all intermediate goods and services.
So their values will not be included in the GDP.
The GDP will only include the value of daycare sold which is $100,000.
Answer:
2018: No pretax income or loss
2019: Income of $2,000.
Explanation:
Given that,
On December 27, 2018
Purchased Coca-Cola bonds at par = $700,000
sold the bonds on January 3, 2019 = $702,000
On December 31, the bonds had a fair value = $699,000
In 2018:
Fair value is less than the purchase value of bonds on 31st December. Therefore, the loss has to be reported under the other comprehensive income.
Hence, there is no income or loss in the year 2018.
In 2019:
Gain/loss on the sale of bonds:
= Sale value - Purchase value
= $702,000 - $700,000
= $2,000
Therefore, the amount of pretax earnings in the year 2019 is $2,000.
The portion of corporate profit which is included in personal income is DIVIDEND.
Dividend refers to the sum of money that is usually paid on a regular basis by a company to its shareholder. Dividend represents the part of the profit which a company make in a particular year.
Dividend is considered as a personal income to the individual who receives it.