Answer:
The expected price level falls., new wage contracts will be negotiated at a lower wage in the market.
Explanation:
In the case when the economy is in the long run equilibrium and the federal government decreased the goods purchase by 50%. So in the long run the expected price level would be decline and the effect on wage bargaining would be that the new wage control would be negotiated at a less wages in the market place
Therefore, the correct option is c
And, the same would be relevant
The company experienced cannibalization from the new car from its existing product line.
Answer:
Multiple-step income statement for the year ending December 31, year 1
Sales $275,200
Cost of Goods Sold <u>($185,000)</u>
Gross Profit $90,200
Operating Expenses:
Administrative Expense ($35,000)
Selling expenses <u>($55,000)</u>
General Expense <u>($45,000)</u>
Operating Income ($44,800)
Non-Operating Revenue <u>$105,000</u>
Operating Income before tax $60,200
Income taxes <u>($25,000)</u>
Operating Income after Tax <u>$35,200</u>
Explanation:
Multi-step Income statement segregate the Operating Income and Expenses from non operating Income and Expense. It shows the gross profit and net operating income separately.
Answer:
Freight Forwarder
Explanation:
The Freight Forwarder can be an individual person or a company which organizes the shipments for a person or company to get goods or products transferred from the manufacturer to the customer or the market i.e the final destination of distribution.
Forwarders involves with a carrier or with the number of carriers to transfer the goods.
Answer:
Effective follower
Explanation:
An Effective follower is employee in a business who often go to leadership positions, who are always motivated and keen to take responsibility and who exceeds expectations and achieves business goals just like Sarah
