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AleksAgata [21]
3 years ago
14

Which one of these is correct?

Business
1 answer:
iren [92.7K]3 years ago
7 0

Answer:

Net income is distributed either to dividends or retained earnings.

Explanation:

The net income is calculated after providing for all the expenses, that is after providing for the tax expense from operating profit, it is net income.

Basically any amount distributed as dividend to shareholders whether preference or equity is deducted from net income, and the balance if any in net income forms part of retained earnings.

This is as per the guidelines of GAAP, for preparation and presentation of financial statements.

Therefore, the correct statement is:

Statement 2

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Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal?
zimovet [89]

Answer:  Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks

Explanation:

The type of unemployment is not given but the above option is the only one that can reduce unemployment out of the options given.

People who recently lost their jobs and are on Unemployment insurance might find that their motivation to look for a job is not as strong as it should be because they are still receiving a paycheck at the end of the month. It will therefore most likely take them longer to find a job than necessary because they simply aren't looking hard enough.

If the Government stepped in and offered them a cash incentive to find a job quicker, this can have the effect of reducing unemployment by giving those people who were just mentioned renewed motivation to look for employment rather than just remain on Unemployment insurance.

3 0
4 years ago
Which is the result of entering a debit in an expense account?
Arlecino [84]

Explanation:

when a payment is made the entries recorded are debit prepaid expenses

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2 years ago
Which of the following statements best characterizes how digital Internet-based streaming is trending?
aev [14]

Answer:

last choice

Explanation:

it is the last choice

3 0
3 years ago
Read 2 more answers
William buys land for $40,000 cash. Ten years later, when the land has dropped in value to $30,000, William sells it to his wife
olga_2 [115]

The income tax consequences to William on the sale is that he realizes loss in the amount of $10,000 but does not recognize that loss.

Realized loss = Purchase cost - Sales cost

Realized loss = $40,000 - $30,000

Realized loss = $10,000

Hence, the income tax consequences to William on the sale is that he realizes loss in the amount of $10,000 but does not recognize that loss.

Therefore, the Option A is correct.

Missing options includes <em>"William realizes and recognizes loss in the amount of $10,000.  William realizes and recognizes zero gain or loss. William realizes loss in the amount of $10,000 but does not recognize that loss. None of the above."</em>

<em />

Read more about income tax

<em>brainly.com/question/1657264</em>

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QUESTION 5 of 10: Preparing a budget is:
zhenek [66]

Answer: A

Explanation:

It's an ongoing process

6 0
3 years ago
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