Answer:
Net income will be $160000
So option (c) will be the correct answer
Explanation:
We have given debt common stock = $680000
Credit liabilities = 350000
Credit paid in capital = 190000
And excess of par 30,000 credit Assuming the only changes in retained earnings
So 680000 = 350000+190000+30000+ retained earning
So retained earning = $110000
Dividend paid = $50000
So net income = dividend paid + retained earning = $110000+$50000 = $160000
So option (c) will be the correct answer
The phrases that describes money the best would be: Medium of exchange
Before money were made, in order to obtain a product that we don't own, we need to exchange it with another product that we own. This system is commonly known as barter.
With money, we can obtain a product that we don't own without exchanging it with anything. This function is the reason why money is called medium of exchange
I would say b or c because I learned that economics is the making and distributing of good and services. If i was answering i would pick c
Answer:
The correct answer is d. Free enterprise.
Explanation:
Henry Robinson Luce was known as an American publisher and journalist. They gave him the name of "the most influential private citizen in the America of his day". This magnate published what is called “The American Century.” “The American Century” also showed “the vision of America as the dynamic leader of world trade,” and this guy Henry Luce could not have fathomed any economic basis for national leadership besides “free enterprise.”
Answer:
The driver for employees fringe benefits is direct labor costs whereas the driver for indirect material costs is direct material costs
The total cost of each home is as follows:
Home 1 $188140
Home 2 $268860
Home 3 $408910
Explanation
Find the breakdown of the costs in the attached excel file.
