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Lesechka [4]
3 years ago
8

In order for the economy to be strong, businesses must _____.

Business
2 answers:
Arte-miy333 [17]3 years ago
5 0

<u>Answer:</u>  A) Produce goods and pay labour.

<em>In order for the economy to be strong, businesses must produce goods and pay workers</em>

<u>Explanation:</u>

<em>Organizations charge more for their merchandise to pay higher wages, and the higher wages</em> likewise increment the cost of products in the more extensive market.  

The <em>rate increment of the wages and costs and their general impact available are key variables driving expansion in the economy.</em>

tiny-mole [99]3 years ago
5 0

Answer:

produce goods and pay workers

Explanation:

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At the end of the first month of operations, the Lamar Company's accountant prepared financial statements that showed the follow
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Answer:

Assets = $87,350

Liabilities = $30,450

Stockholders' Equity = $56,900

Net Income = $7,900

Explanation:

The correct amounts of assets, liabilities and stockholders' equity at month-end and net income for the month can be determined as follows:

Assets = Recorded asset value - Depreciation + Unbilled service revenue = $90,000 - $4,500 + $1,850 = $87,350

Liabilities = Recorded liabilities + Unpaid wages = 30,000 + 450 = $30,450

Stockholders' Equity = Recorded Stockholders' Equity - Depreciation + Unbilled service revenue - Unpaid wages = $60,000 - $4,500 + $1,850 - $450 = $56,900

Net Income = Recorded net income  - Depreciation + Unbilled service revenue - Unpaid wages = 11,000 - $4,500 + $1,850 - $450 = $7,900

Note that from the above calculations, we can obtain:

Liabilities + Stockholders' Equity = $30,450 + $56,900 = $87,350

This therefore confirms the accounting equation that:

Assets = Liabilities + Stockholders' Equity = $87,350

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3 years ago
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