Answer and Explanation:
- Closing Balance (Retained earning ) of 31 Dec 2018 is called Opening Balance of 1 Jan 2019 , i.e. $42,100
- There is no particular information provide for 1 Jan 2018 .So, assume there is Zero balance of retained Earning
- Calculation of retained earning of 31 Dec 2017
Retained earning $42,100
Less: revenue during the year $19,400
Add: Expenses During the year $9,800
<u>Add : Dividend $500 </u>
Retained earning on 31 Dec 2017 $33,000
- Retained earning is a temporary account So, $33,000 is balance of Retained earning At 30 June 2018.
Answer:
The correct option is "B"
Explanation:
The burden substantial exchange limitation by The Argentine government cause to upset exchange and influences imports Due to prohibitive arrangement exchange it builds the expense of bringing in products and causing to diminish in supply in Argentinean advertise Before the exchange limitations, the market was working effectively, and was overwhelmed with imported merchandise because of the exchange limitations, import merchandise decays because of increment in cost.
Answer:
Billy's mom increases his weekly allowance by $ 55 . As a result, Billy increases the number of apps he downloads on his smartphone.
If with increase in income demand increases, the good will be a normal good. Thus, apps that billy downloads are normal goods.
Susan gets a 15 percent performance bonus at work. She can finally stop eating so many frozen pizzas and eat something more tasty. Frozen pizzas are: Inferior goods
Here with increase in income, the demand for a commodity falls, the so called commodity is a inferior good. Thus, in this case frozen pizzas are inferior goods.
Mike is an appliance salesman. Refrigerator sales in his store have fallen and so has his commission. Mike decides to switch from name brand cereal to generic cereal. Generic cereal is: Inferior goods
If there is a fall in income and thus demand increases, the good is inferior. Thus, in this case generic cereal is an inferior good.
Hair stylist Molly loses a few of her clients. Molly cuts back on the number of smoothies she buys during the week. Smoothies are: Normal goods
If there is a decrease in income and thus demand falls, the good is normal. Thus, smoothies as commodity in this case will be refereed to as normal goods.
The diffusion of digital technologies into nearly every workplace, remaking the economy and the world of work is referred to as digitalization.
Digitalization refers to the use of digital technologies in order to change a business model and provide new revenue and value-producing opportunities. Digitalization may be viewed as a technology which affects the main economic aggregates in the economy.
In recent decades, the diffusion of digital technology into nearly every business and workplace has been remaking the economy and the world work more effectively.
Hence, the digitalization of everything has increased the potential of individuals, firms, and society to a great extent.
To learn more about technology here:
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Duration of the project. from start to end
