The elasticity of supply of roses is 1.8. In the market for roses, __________

The statement of cash flows will not report the Group of answer choices amount of checks outstanding at the end of the period. s

Mekhanik [1.2K]

Answer: amount of checks outstanding at the end of the period.

Explanation:

Accounting uses the accrual based system which means that revenue and costs are only recognized when they occur. This means that a company might get revenue in a period but would not have the actual cash in that period to represent that revenue.

The statement of cash flows is created to see the actual amount of cash that a company has instead of revenue or expenses based on the accrual basis of accounting.

That being said, it only includes cash based transactions and will not include checks outstanding at the end of the month.

6 0

3 years ago

Assume tax rates on single individuals are 10% on taxable income up to $9,275, 15% on income of $9,276 to $37,650 and 25% on inc

mario62 [17]

Answer:

total tax liability = $8771.25

Explanation:

given data

taxable income up to $9,275 single individuals = 10 %

income of $9,276 to $37,650 = 15 %

income of $37,651 to $91,150 = 25 %

solution

we know here amount upto $9,275 is

amount upto $9,275 = $9,275 × 10% = $927.50 ..........1

and

amount $9,276 to $37,650 = ( 37650 - 9276 ) × 15% = $4257.45 ........2

and

amount $37,650 to $50,000 = ( 50000 - 37650) × 25% = $3587.50 ............3

so now add all 3 equation we get

total tax liability = $927.5 + $4256.25 + $3587.5

total tax liability = $8771.25

Tax Bracket rate amount

upto $ 9,275 10% $ 927.50

next (37650-9275) $ 28,375 15% $ 4,256.25

remaining $ 14,350 25% $ 3,587.50

total $ 52,000 $ 8,771.25

8 0

4 years ago

Ramiro has been a forklift driver for the local grocery store for six years. He earns $32,000 a year. He works with a nice crew.

Cloud [144]

Answer:

D. Social Context

Explanation:

Social context generally refers to the immediate social setting in which people live and go about their daily activities. Social context or rather social environment in the workplace has a relatively strong connection to job satisfaction. Here, Ramiro is said to work with a nice crew which obviously makes doing the work a whole lot better, also plays softball on the weekends and volunteer in the same group with his coworkers. These social context he has going with his coworkers makes the job satisfactory for him. He's very active with his coworkers both on the job and off the job. If the reverse were to be the case, say, maybe he doesn't get along with his coworkers, the work becomes very unsatisfactory.

Pay cannot be the reason for his satisfaction because the pay is relatively low. Also, the fact he's been doing the same thing for 6 years shows promotion has nothing to do with his satisfaction. Neither does the work stress or the work itself.

4 0

4 years ago

if the required reserve ratio is 10 percent the banking system currently has excess reserves equal to

prisoha [69]

Answer:

Experts are tested by Chegg as specialists in their subject area. We review their content and use your feedback to keep the quality high. Transcribed image text: If the required reserve ratio is 10 percent, the banking system currently has excess reserves equal to: $10 billion.

Explanation:

5 0

3 years ago

Introduction to the future value of money Aa Aa Under the concepts of the time value of money, you can determine the future valu

nika2105 [10]

So what to do hear what’s the answers

8 0

3 years ago

The elasticity of supply of roses is 1.8. In the market for​ roses, ___________.

The elasticity of supply of roses is 1.8. In the market for roses, ___________.