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kobusy [5.1K]
3 years ago
14

True or False: Most of the value added included in GDP in the United States is added by businesses rather than consumers.

Business
1 answer:
shtirl [24]3 years ago
7 0
The answer to this is true
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From her sales income, barbara has subtracted cost of goods sold, operating expenses, interest expense, and taxes. what she has
Murrr4er [49]
The answer is net income
Net income is the amount of capital that the Company's made during an operational year after all relevant expenses have already been deducted.
Some amount of the net income will be shared to shareholders according to the percentage, and some of it will be put in company's capital to expand the operation.
6 0
3 years ago
Sam's Pizzeria International Inc. operates and franchises pizza delivery and carryout restaurants worldwide. The following is an
Alisiya [41]

Answer:

The Adjusted trial balance is

Explanation:                                                 Amount in $

                                                               Dr.                           Cr.

Accounts Payable                                                           38,882

Intangible Assets                                 82,031

Accounts Receivable                           56,057

Interest Expense                                     4,089  

Accrued Expense Payable                                               58,333

Interest Revenue                                                                    732

Accumulated Deprecation                                               337,564

Inventories                                              27,410

Capital                                                                                  48,012

Land                                                         32,890

Advertising Expense                              63,473

Long Term Debt                                                                 230,561

Buildings & Leasehold                            203,651

Long Term Note Receivable                     12,821

Cash                                                            20,142

Other Assets                                              42,540

Common Stock                                                                      483

Other Long Term Liabilities                                                64,213      

Capital & Retained Earning                                                418,279

Prepaid and Other Current assets        36,838

Depreciation Expense                           39,995

Rent and Utilities Expense                    215,720  

Equipment                                              320,520        

Total                                                     <u>1,158,177 </u>                   <u>1,158,177</u>

<u>Note: </u>In absence of sales revenue, other expenses and paid up capital data which is missing in question, the capital and retained earnings are taken as balancing figure                                                                                

4 0
3 years ago
If the payment is not made on the credit card by the end of the grace period, which of the following will occur?
Phoenix [80]

C. Interest will be charged - Apex

3 0
3 years ago
In words, what does it mean when an economic consultant states:" kevin's income elasticity of red wine is equal to 6?
Lady_Fox [76]

When an economist says that "Kevin's income elasticity of red wine is 6" he means that if Kevin's income increases by 10%, the quantity of red wine demanded by Kevin rises by 60%. So, red wine is income elastic. Since the income elasticity is greater than 1, red wine is a luxury good for Kevin.


Income elasticity measures the change in the quantity of goods demanded relative to a change in income.

If an increase in income results in a decrease in the quantity of goods demanded, then that good is an inferior or cheap good. The income elasticity of a cheap good is negative.

If the demand for a good rises with an increase in income, then that good is a normal good. The income elasticity of normal goods is greater than zero.

If an increase in income results in a greater increase in the quantity of goods demanded, then that good is a luxury good. The income elasticity of a luxury good is greater than 1.

6 0
3 years ago
Which of the following is far more effective, has greater longevity, and has a far wider audience than advertising?
DanielleElmas [232]

The answer is publicity. Hope I helped!


6 0
3 years ago
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